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MK Foreign Education Counselling.
001,Sheetal,Next to Hare Ram Hare Krishna,Juhu,Mumbai-400049.India
Bachelor of Management Studies (B.M.S.)
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BMS Information for Mumbai (Maharashtra) India

The total number of colleges offering the BMS program is 146. Some of these colleges are in the Open Category while others are in the Minority Category. The Minority community colleges may have different entrance format for students belonging to that community. Each college has 60 seats. However the Minority Category College has 50% i.e. 30 seats reserved for the minority community. Besides this , seats are also reserved for the Reserved Community as per Govt. of India regulations.
FIRST SEMESTER: (SEVEN PAPERS)
  • 1.1 Foundations of Human Skill-I
  • 1.2 Finance and Cost Accounting
  • 1.3 Business Law
  • 1.4 Quantitative Methods for Business-I
  • 1.5 Effective Communication-I
  • 1.6 Principles of Management-I
  • 1.7 Introduction to Computers
SECOND SEMESTER: (SEVEN PAPERS)
  • 2.1 Foundations of Human Skill-II
  • 2.2 Industrial Law
  • 2.3 Computer applications in business
  • 2.4 Business Environment
  • 2.5 Managerial Economics-I
  • 2.6 Production Management
  • 2.7 Environment Management
THIRD SEMESTER: (SIX PAPERS)
  • 3.1 Management Accounting
  • 3.2 Managerial Economics-II
  • 3.3 Marketing Management
  • 3.4 Material Management
  • 3.5 Effective Communication-II
  • 3.6 Principles of Management-II
FOURTH SEMESTER: (SIX PAPERS)
  • 4.1 International Marketing
  • 4.2 Elements of direct and indirect taxes
  • 4.3 Export-Import procedures and documentation
  • 4.4 Management of Small Scale Industries
  • 4.5 Productivity and Quality management
  • 4.6 Public Relations Management

FIFTH SEMESTER: (SEVEN PAPERS)
  • 5.1 Human Resource Management
  • 5.2 Service Sector Management
  • 5.3 Financial Management
  • 5.4 Elements of Logistics Management
  • 5.5 Management of Cooperatives
  • 5.6 Rural Marketing
  • 5.7 Project Work-I (100 Marks)
SIXTH SEMESTER: (SEVEN PAPERS)
  • 6.1 Entrepreneurship
  • 6.2 Quantitative Methods for Business-II
  • 6.3 Marketing Research
  • 6.4 Indian Management Thought and Practices
  • 6.5 ELECTIVE PAPER-I: Econometrics
  • 6.5 ELECTIVE PAPER-I: International Finance
  • 6.6 ELECTIVE PAPER-II: Special study in Marketing
  • 6.6 ELECTIVE PAPER-II: Special study in Finance
  • 6.7 Project Work-II (100 Marks)
FIRST SEMESTER: (SEVEN PAPERS)
  • 1.1 Foundations of Human Skill-I
    Basics of human nature, influence of heredity and enviroment, intelligence,
    abilities, basic dimensions of individual interactions in society,
    characteristics of groups and their behaviour, nature of groups at work, leadership.
  • 1.2 Finance and Cost Accounting
    Introduction to accountancy, preparation of final statements of accounts with
    adjustments, importance and advantages of cost accounting,
    elements of cost, cost classification, preparation of cost sheets.
  • 1.3 Business Law
    Contract act, companies act, partnership act, negotiable instruments act, laws
    relating to agencies, sureties, mortgages, sale of goods, insurance, excise and customs.
  • 1.4 Quantitative Methods for Business-I
    Basic statistical concepts, summarisation of data (frequency distribution;
    measures of central tendency, measure of dispersion,
    relative dispersion-skewness, kurtosis)
    elementary probability theory (relative frequency approach,
    axiomatic approach, subjective probability, marginal and conditional probability,
    independence/ dependence of events), elementary statistical distributions
    (binomial, poisson, normal sampling, estimation - point and interval,
    sampling distribution mean and proportion, testing of hypothesis),
    simple correlation and regression (Spearman's rank correlation),
    types of sampling (simple and random, stratified and clustered),
    time series (components, estimation of trends and seasonal components)
  • 1.5 Effective Communication-I
    Concepts and meaning of communication, types of communication,
    attributes of effective communication, barriers to effective communication,
    speaking, listening, writing, basics of written business communication.
  • 1.6 Principles of Management-I
    Evolution, objectives, importance and advantages of management, role
    and functions of a manager, activities of management, functional
    aspects of management, practices of management in the Indian context,
    concepts of profession and professionalisation of management, role and ethics of management.
  • 1.7 Introduction to Computers
    Basic computing concepts (software-hardware, classification of computers,
    input-output, on-line and real-time processing, generations of computers,
    operating system), networking (LAN, WAN, MAN),
    DBMS, computer viruses, information system (concept, application, MS Office).

SECOND SEMESTER: (SEVEN PAPERS)
  • 2.1 Foundations of Human Skill-II
    Understanding self and others through Johari window, self-discovery through self-administering
    assessment tools in the areas of abilities, aptitudes, perceptions and interests, understanding others
    through scientific assessment tools and observation methods, understanding group behaviour through
    observation methods, concept of group climate, developing appropriate leadership style, teamwork in work
    group, motivation, concept of organisation, organisation structure, organisation climate, handling conflicts in
    organisations.
  • 2.2 Industrial Law
    Factory act, payment of wages act, payment of bonus act, payment of gratuity act, minimum wages act,
    maternity benefit act, provident fund act, trade union act, employees state insurance act.
  • 2.3 Computer applications in business
    Use of business related software, use of fax, e-mail, internet, CD-ROM's, computer aided advertisements,
    graphics, any one current programming language.
  • 2.4 Business Environment
    Social, political, ecological issues, technology and regulatory environment, business ethics, social
    responsibility, industrial units, joint ventures, multinationals and transnationals, restructuring, turnaround,
    closure, economic trends.
  • 2.5 Managerial Economics-I
    Introduction, demand (concept, elasticity, demand forecasting), production, cost analysis, supply (concept,
    elasticity), price determination, revenue analysis, break-even analysis, profit, objectives of the firm, market
    structures (perfect competition, monopoly, oligopoly), price discrimination, pricing policies, capital
    budgeting.
  • 2.6 Production Management
    Production function, production cycle, types of production, planning for production, product and process
    designs, plant location, production planning and control, scheduling, maintenance management.
  • 2.7 Environment Management
    Environment (concept, interactions, ecosystem, ecological balance), human interference with the
    environment, impact of man and technology on the environment, concept of environment management,
    examples of environment management in various areas.
THIRD SEMESTER: (SIX PAPERS)
  • 3.1 Management Accounting
    Nature of management accounting, functions of a management accountant, different types of costing,
    break even analysis, types of budget, budgetary control, flexible budgeting, capital budgeting.
  • 3.2 Managerial Economics-II
    National economics, balance of payment analysis, policy environment, globalisation, case studies on
    government policies and business environment.
  • 3.3 Marketing Management
    Concept of marketing management, sales vs. marketing, relevance of marketing to Indian companies,
    marketing mix, marketing structure, market opportunity analysis, marketing research and information
    system, consumer behaviour, marketing segmentation, targeting and posting, designing products, brands,
    packaging and services, new product development and P.L.C. distributions, pricing, promotion, social
    responsibility and marketing ethics.
  • 3.4 Material Management
    Material management concepts, centralisation and decentralisation, stores management, layout, storage
    methods, stock verification, condifications and standardisation, selective central supplier, purchase
    management, choices, purchase policies, make or buy decision, vendor developments, inventory
    management, lead time, E.O.Q. analysis, computer applications.
  • 3.5 Effective Communication-II
    Case studies and practicals based on Effective communication-I.
  • 3.6 Principles of Management-II
    Case studies and practicals based on Principles of management-I.
FOURTH SEMESTER: (SIX PAPERS)
  • 4.1 International Marketing
    Theories of international trade, globalisation, WTO, ecology and environment, ethical issues, foreign
    MNC's, Indian MNC's, competitive strategies, international marketing concepts, international advertising,
    studying the environment for identifying opportunities and threats and devise appropriate strategies,
    products and pricing, need to increase exports, Indian institutions and facilities to promote exports.
  • 4.2 Elements of direct and indirect taxes
    Income tax (concept, scope, incidence of taxation, (head of income- salaries, property, business income,
    capital gains, other sources), exclusions, deductions). Sales tax (scope, registration, tax on works contract,
    purchase tax (implications of branch transfers and consignments)). Excise duty (scope, definitions and
    valuation principles, Modvat).
  • 4.3 Export-Import procedures and documentation
    National economic self-reliance, practices and problems of international marketing, regulations for
    international trade, export in world markets, import substitutions, export promotion, difficulties in foreign
    trade, export procedure documents, STC's, import trade, import procedure and documents.
  • 4.4 Management of Small Scale Industries
    Meaning, role, definition, policies governing SSI's, industrial estate and industrial districts objectives, rural
    industries, ancillary industries, organisational structure, types of organisation, finance requirements,
    importance of fixed and working capital, factors determining finance requirements, means of finance, role
    of SIDBI, discounting of bills, working capital management meaning, working capital, objectives of working
    capital and it's composition, tax benefits and concessions, marketing mechanism, export potential,
    problems faced.
  • 4.5 Productivity and Quality management
    Importance and relevance of TQM, techniques used, functions, constitutions and implementation,
    encouraging creativity, suggestion schemes, 'Just in time', Kaizen, productivity concept, measurements
    and their need, method of study, work measurement job evaluation, sharing gains in productivity,
    incentives schemes and experiences with their implementation in India.
  • 4.6 Public Relations Management
    Role of PR, 'Publics' in PR, organisation structure and PR, PR role of managers, Indian perspective,
    communication and PR, PR and corporate image, social responsibility of business and PR, PR and
    employee returns, cooperation with media, consumer an investor relations, ethics.
FIFTH SEMESTER: (SEVEN PAPERS)
  • 5.1 Human Resource Management
    Introduction, personnel role today, characteristics of today's work force, job design analysis and evaluation,
    personnel planing, recruitment, induction, job appraisal, training and development, job rotation and
    transfer, promotion policies, career planning, compensation management, incentives, personnel
    philosophy, personnel manual, trends in participative management.
  • 5.2 Service Sector Management
    Nature and scope, trends, leisure industry, transport industry, travel tourism hotelry and catering, hospital
    management, housing and construction, IT industry, financial industry.
  • 5.3 Financial Management
    Introduction, function, objectives, analysis of financial statements, ratio analysis, fund flow analysis and
    cash flow analysis, theory of capital structure, working capital management, risk and return trade off in
    management of working capital, approaches to management of working capital, determining of
    working
    capital requirement, cash and marketable securities management, receivable management and credit
    policy, sources of financing working capital, sources of long term finance.
  • 5.4 Elements of Logistics Management
    Overview of logistics function, strategy and planning, logistics system fundamentals, transport system,
    logistics planning process, facilities location decisions, inventory policy, purchasing and product
    scheduling decisions, logistics organisation, logistics costing and performance auditing.
  • 5.5 Management of Cooperatives
    Historical perspective, types of cooperative, consumers, agro processing, food processing, industrial
    and housing, commonality of approach in respect of cooperative and corporate sector, problems faced,
    problem of democratic management and it's relationship to professional management
    clear cut delineating of role of the law.
  • 5.6 Rural Marketing
    Profile of rural marketing, profile of consumer, potential and changing pattern of rural marketing, tapping the
    rural markets, motivating the rural consumer, developing the sales force of rural markets, mass
    communication, rural media, physical distribution in rural markets, satellite systems, state trading an rural
    market, primary retail wholesale markets, secondary wholesale markets, terminal markets, methods of
    sale, marketable and marketed surplus, marketing agencies, marketing finance, lack of organisation
    among producers, forced sales, superfluous middlemen, multiplicity of market changes, malpractice's of
    middlemen, absence of grading and standardisation, inadequate storage facilities, underdeveloped
    transportation system, lack of information, high cost of borrowing, lines of improvement, establishment of
    regulated markets, use of standard weight and measures, provision of marketing news, improvement in
    transportation, improvement in grading and standardisation, improvement in storage facilities,
    development at cooperative marketing.
  • 5.7 Project Work-I (100 Marks)
SIXTH SEMESTER: (SEVEN PAPERS)
  • 6.1 Entrepreneurship
    Concept, emergence of entrepreneurial class, theories, characteristics, risk taking, decision taking and
    business planning, analysis of business opportunities, environmental scanning, sectoral studies, process
    of generating business ideas, screening and selection, techno economic feasibility studies, developing
    detailed project report for implementation, ancillary industry development, opportunities in service industry
    transportation distribution, enterpreneurial behaviour, techno economic
    innovation and entrepreneurship development.
  • 6.2 Quantitative Methods for Business-II
    Introduction to Quantitative Methods (concepts, scope, application, limitations), Linear programming
    concepts (formulation of problems, methods, solutions, sensitivity analysis, interpretation of optimal
    tableau), Special topics (transportation problem, formulation of model solution, balanced unbalanced
    problems, maximisation and minimisation, degeneracy, prohibited routing problems, assignment
    problems), Network Analysis (CPM/ PERT, concept, definitions, job events, arrow diagrams,
    time analysis, critical path, floats, crashing, updating, network probability assessment in PERT).
  • 6.3 Marketing Research
    Meaning, definition, marketing information system and marketing research, importance, nature,
    advantages, limitations, consumer orientation to marketing, branches of marketing research, methods of
    research, selection of suitable method, techniques for conducting research, communication with the
    management on research reports and marketing decision making.
  • 6.4 Indian Management Thought and Practices
    Personality, personality development, learning, nature synthesis, work motivation and ethics, productivity,
    leadership, leadership role models, creativity, natural environment and human society, conflict,
    experiences of effectiveness of practices.
  • 6.5 ELECTIVE PAPER-I: Econometrics
    Introduction, types of econometric model building, single equation models, properties of OLS estimators,
    statistical tests, preparation of Anova tables, problems associated with the models, simultaneous equation
    models, simple IO models.
    OR
  • 6.5 ELECTIVE PAPER-I: International Finance
    Balance of payment, international monetary system, IMF, foreign exchange market, international financial
    markets, international equity markets, maultilateral financial institutions, exposure and
    risk in international finance.
  • 6.6 ELECTIVE PAPER-II: Special study in Marketing
    Communication process and models, organisational structure of advertising agencies and it's functions
    , evaluation of agency, advertising objectives, brand position and image, persuasion and attitudenal change
    through appropriate copy development, copy decision creation and production of copy, budget, media
    planning and research, measuring the effectiveness of a campaign, PR, planning and designing sales
    programmes, trade in discount coupons.
    OR
  • 6.6 ELECTIVE PAPER-II: Special study in Finance
    Financial objective, capital expenditure projects, discounted cash flow techniques and it's application,
    negotiating term loans proposals with banks, merchant banking, underwriting of securities, internal funds
    as a source of finance, dividend policy, bonus shares, equity capital as a source of finance, rights issue
    and issue at premium, prospectus of issue of securities, basic valuation concept, corporate taxation,
    inflation and it's impact on corporate finance.
  • 6.7 Project Work-II (100 Marks)