M.Sc.

in Industrial Engineering

General Information, Scheme of

Examination and Syllabus

INDIAN INSTITUTION OF INDUSTRIAL ENGINEERING

Plot No.103, Sector -15, CBD Belapur, Navi Mumbai 400 614
Tel. 022-2756 2562 / 2757 9412 Fax : 022-2757 8526
Email : iiiestudents@gmail.com / iiie1@vsnl.com
Web Site : www.iiie-india.com

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 CONTENTS

I. INDUSTRIAL ENGINEERING

What the profession offers

Definition of Industrial Engineering
Industrial Engineering in the context of Globalization

II. INDIAN INSTITUTION OF INDUSTRIAL ENGINEERING (IIIE)

Background
Objectives
Organization
Membership
Major Activities

III. YASHWANTRAO CHAVAN MAHARASHTRA OPEN

UNIVERSITY (YCMOU)

IV. M.Sc. IN INDUSTRIAL ENGINEERING

Introduction
Admission Requirements
The Scheme and Subjects of the Examinations
Guidelines of Project Report
Contact Programmes
Examinations
Certification

V. SYLLABUS

VI. APPLICATION FORM FOR ADMISSION

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 I. INDUSTRIAL ENGINEERING
The Profession with a future

What the profession offers

Opportunities to grow as individual profession and to make meaningful contributions to the

society are vital considerations in selecting ones career. In the present context of rapid social,
economic and technological changes in our country, qualifications based on multi-disciplined
methodology provide the best prospects and competitive advantage.
Industrial Engineering which has emerged as a full-fledged profession in our country during the
last five decades, offers the most rewarding career. It is a multi-disciplined approach to
achieve higher productivity through optimum utilization of resources in any organization and
to meet the emerging Challenges of Globalization of our Economy. The contribution of
Industrial Engineering is very well recognized and now it is being called upon to play an even
more significant role. The future of Industrial Engineering is bright in every sector of our
economy.

Definition of Industrial Engineering

Industrial Engineering is concerned with the design, improvement and installation of

integrated systems of men, materials and equipment. It draws upon specialized knowledge
and skill in the mathematical, physical and social sciences together with the principles and
methods of engineering analysis and design to specify, predict and evaluate the results to be
obtained from such systems.

Industrial Engineering in the context of Globalization

Industrial Engineering provides the best means for evolving effective strategies and efficient
means for meeting any challenge and giving a thrust for development.
Industrial Engineer can play an important role in an organization for smooth transition into
medium terms plans from short term plans and from medium term plans into long term plans.
Some of the VITAL areas regularly covered by Industrial Engineering are :

Strategic Planning
Work Systems Design
Product/Service Design
Supply Chain Management
Human Resource Management
Economic and Social Considerations and their interface
Cashing on Communications and Information technology

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 II. INDIAN INSTITUTION OF INDUSTRIAL ENGINEERING (IIIE)

2.1 Background
Founded in 1957, the Indian Institution of Industrial Engineering is a non-profit organization for
the profession of Industrial Engineering in India consisting of members specialized in the areas
of Work Study, O & M., Production Planning & Control, Materials Management, Value
Engineering, PERT/CPM, Operations Research, Computer Sciences, Financial Management,
Statistical Quality Control etc. and other emerging disciplines. It has been espousing and
contributing to Productivity, Quality movement and Cost Competitiveness and other emerging
needs of Undertakings in the country during the last five decades.

2.2 Objectives
The Institution has the following objectives:
2.2.1 To advance the general welfare of mankind through the resources and creative
abilities of the profession.
2.2.2 To establish and maintain a National Headquarters for providing adequate
administrative and supervising support to the activities, and to establish a network of
chapters spread over the country with the same objectives.
2.2.3 To provide facilities for the unrestricted dissemination of knowledge and information
relating to the profession among the professionals and the public in general by :
a) Conducting and/or participating in meetings, seminars, discussions, lectures,
conferences, public meetings, film exhibitions, radio or television broadcasting.
b) Preparing, editing, printing, publishing, circulating, acquiring, selling or otherwise
distributing such journals, periodicals, books, papers, leaflets, films and
mechanical and other models and equipments as the Institution may deem
desirable for the promotion of its objectives.
c) Establishing, formulating and maintaining offices, libraries, exhibitions, collections
and displays of literature, statistics, exhibits and information relating to industrial
Engineering and allied disciplines.
2.2.4 To promote understanding of the profession in the fields of business, industry and public
administration and among educational, research and professional bodies in India and
abroad by means of visits, discussions, advice and all other forms of co-operation and
joint endeavour.
2.2.5 To develop the profession as an effective tool of management in all spheres of the
economy by :
(a) expanding the existing knowledge;
(b) encouraging the development of new techniques;
(c) adapting the techniques to suit Indian conditions;
(d) initiating new applications;
(e) spotlighting future needs;
(f) offering and carrying out advisory and consultancy services to industry,
government, educational and all other institutions engaged in human endeavor,
achieving benefits from optimization of resource utilization and furthering the
boundaries of Industrial Engineering and allied sciences etc.

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2.2.6 To foster, assist and conduct education and research in subjects related to the
profession by :
(a) instituting programmes of studies;
(b) conducting training courses, formalised instruction programmes;
(c) setting standards of qualification;
(d) conducting professional examinations;
(e) sponsoring institution or conducting research programmes, technical surveys
etc.
(f) assisting colleges, universities, and other institutions in the development of
important educational programmes in professional subjects etc.
2.2.7 To ensure professional standing by :
(a) promotion of ethical professional practice.
(b) fostering of a high degree of integrity among the members of the
profession;
(c) identification of personnel qualified to practice the profession etc.
2.2.8 To institute a Chair in Industrial Engineering Studies in Universities/Institutes/ Colleges. To
confer titles, diplomas, certificates, prizes, scholarships etc. and professional
qualifications.
2.2.9 To provide a forum for the individuals and organizations interested in the profession and
to fulfill the need of a united national professional organization in India.
2.2.10 To recognize eminent professional men and women for their contribution and services
by conferring Honours and Awards on them.
2.3 Organization
Membership of the Institution is spread all over India, and today the strength is over six
thousand individual members and over 200 organizational members. It has Twenty Eight
Chapters catering to the needs of the members, spread over the country. The Chapters are
responsible for formulating and furthering their own programme of activities within the
framework of Memorandum of Association, Rules and Regulations (formerly known as
Constitution and Bye-laws) of the Institution. Presently, there are Chapters at Ahmedabad,
Allahabad, Bangalore, Baroda, Belapur, Bhilai, Bhopal, Kolkatta, Chennai, Cochin,
Coimbatore, Cuttack, Durgapur, Hyderabad, Jamshedpur, Surat, Mumbai, Nashik, Lucknow,
Nagpur, New Delhi, Pune, Ranchi, Rourkela, Trichirapally, Trivandrum, Udaipur and
Visakhapatanam.
A National Council consisting of twelve elected representative from among Corporate
Members and six representatives from the Chapters is the Executive body of the Institution
which is located in Navi Mumbai. The office bearers - A Chairman, two Vice-Chairmen, an
Hon. Secretary, two Hon. Jt. Secretaries and an Hon. Treasurer for each year are elected by
the National Council from among its members.
President of the Institution is nominated by the National Council each year.
2.4 Membership
There are three classes of Corporate Membership, viz. Fellow, Member and Associate Member.
Other classes of membership are : (i) Honorary Membership conferred by the National Council
in recognition of outstanding services in the fields of Industrial Engineering and Management
Sciences (ii) Affiliate (iii) Graduate (iv) Student and (v) Institutional Membership.
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2.5 Major Activities
a. Graduateship Examination
To foster, assist and conduct education in the profession, the Institution conducts the
Graduateship Programme. The Examination will specially enable Diploma Holders in
Engineering, University Graduates, persons with HSC Qualification and having
specialized working experience to qualify and enter the profession of Industrial
Engineering.
b. Group Activities
Besides conducting a professional Examination in Industrial Engineering, the Institution
takes a leading part in arranging meetings, lectures, seminars, business games,
symposia group discussion etc. for furtherance and dissemination of knowledge. Annual
Conventions and Conferences are held where Industrial Engineers and professional
executives from Industry, Business, Government, Higher Educational Institutions, Utilities
etc meet and present papers, exchange information and help in professional
enlargement and growth.
c. Journal
The Institution brings out a monthly Journal entitled Industrial Engineering Journal. The
Journal as the official organ of the Institution is a medium of communication among
members and dissemination of information of new developments in the field of
Industrial Engineering. It publishes papers and articles relating to application of industrial
engineering and management techniques, including research work.

The journal also publishes official notifications of the Institution including those relating to
the Graduateship Examination. These notifications pertaining to the Examination shall
be deemed to be official individual intimation to the student Members.

III. YASHWANTRAO CHAVAN MAHARASHTRA OPEN UNIVERSITY

(YCMOU)

Yashwantrao Chavan Maharashtra Open University (YCMOU) was established in July 1989 by
the Act XX-(1989) of the Maharashtra State Legislature. This university is recognized by the
University Grants Commission (UGC) of India. The Commonwealth of Learning (COL) Canada,
conferred the prestigious Award of Excellence for Industrial Achievement for the year 2002 to
this university. YCMOU is the first Open University in India which is honored with this prestigious
award. It is the fifth Open University in India.

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 IV. M.Sc. in Industrial Engineering

General Information and

Scheme of Examination
4.1. Introduction
The Indian Institution of Industrial Engineering, in collaboration with YCMOU, Nashik, offers
Post Graduate Programme in Industrial Engineering leading to M.Sc. in Industrial
Engineering and Management.
4.2. Admission Requirements
4.2.1 Eligibility :
The admissions are open for Graduates of IIIE or equivalent Engineering Degree
holders.
All the aspiring students will be required to undergo written Admission Test, followed
by an interview at a place as promulgated by IIIE NHQ. Written examination is
waived for GATE qualified students.
4.2.2 Enrollment :
Application has to be submitted in prescribed Form appended to this Booklet.
Photocopy of the application form will not be accepted.
4.2.3 Time limit for admission :
1st June to 25th June
4.2.4 Fees :
Rs. 16000/- per semester + University fee Rs. 4800/- per year (Fee once paid will not be
refundable or transferable).
4.2.5 Check List
The application should be accompanied by the following :
a) Application form duly completed and signed.
(Photo copy will not be accepted)
b) Two attested photographs (4.5 x 4 cms)(One each to be pasted
on the application / Identity Card)
c) Attested copy of School Leaving / HSC / Degree / Final Degree
Certificate with Mark sheets.
d) DD in favour of Indian Institution of Industrial Engineering, payable
at Mumbai.
e) A self addressed, stamped cover (Rs. 10/-) for sending admission
letter.
NB : Every attested Certificate or photograph must bear the name, designation
and full address of the Gazetted Officer besides his signature and Official
Stamp. His name, designation and full address should also be given in the
application for Student Membership
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4.3. The Scheme and Subjects of the examinations
The Examination consists of Four Semesters i.e. Semester I, Semester II, Semester III,
Semester IV including Project Report. Project work has to be undertaken and Report
submitted for acceptance. For appearance in a Semester, a student must have passed
at least three subjects of previous semester. Credit will not be given for more than two
subjects. The Semester wise subjects and other details of examination, project work are as
follows :
A) Examination details (Vide YCMOU V47: M.SC. (IND. ENGG.) {2011 PATTERN})
SN Code Name CA EE TM Type CP Min %
Semester 01

01 S17011 Advanced Production Planning & Control 20 80 100 T 4 50%

02 S17012 Project Management 20 80 100 T 4 50%
03 S17013 Marketing Management 20 80 100 T 4 50%
04 S17014 Research Methodology 20 80 100 T 4 50%
05 S17015 Industrial Engineering Lab 20 80 100 T 4 50%
Semester 02

06 S17021 Ergonomics 20 80 100 T 4 50%

07 S17022 Reliability Engineering 20 80 100 T 4 50%
08 S17023 World Class Manufacturing 20 80 100 T 4 50%
09 S17024 Software Engineering 20 80 100 T 4 50%
10 S17025 Software Lab 20 80 100 T 4 50%
Semester 03

11 S17031 Systems Analysis and Simulation 20 80 100 T 4 50%

12 S17032 Enterprise Resource Planning 20 80 100 T 4 50%
13 S17033 Service Marketing 20 80 100 T 4 50%
14 S17034 Security Analysis and Portfolio 20 80 100 T 4 50%
Management
15 S17035 Project Work Stage I 20 80 100 PW 4 50%
Semester 04
16 S17041 Organizational Behavior 20 80 100 T 4 50%
17 S17042 Project Work Stage II 80 320 400 PW 16 50%
Legend :
CA : Continuous Assessment
EE : End Examination
TM : Total Marks
CP : Credit Points

B) Project Work
The student will have to carry out an approved Project in an organization under a
project guide. A Project Report has to be submitted to the Board of Examination after
the completion of the Project, for its acceptance.

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 After the acceptance of the Project Report, a student will have to appear for VIVA
VOCE, on the date, time and venue communicated to him/her.
The student is considered to have completed the programme only after his/her
Project Report has been accepted by the Board of Examination and passing the VIVA
VOCE.
4.4 Guidelines of Project Report
The Project Report will be rejected, if the following guidelines are not followed strictly:
The Project Work should be done personally by the student under the guidance of the
project guide and in conformity with the approved Project Proposal.
A certificate from the Guide should also be enclosed in the Project Report as provided in
the Format for Project Report. The Project Report should be in the Format prescribed for
Project Report (See next section).
The Collection of Data, Analysis of Data and application of techniques for the Formulation
of recommendation should be clearly described in the Report.
All steps in the analysis of the relevant theory shall be presented in the Report. While
formulating the Recommendation the expected costs and benefits, the advantages and
limitations of the recommendations should be clearly discussed.
The suggested scheme for implementation of the recommendations should be clearly
and logically laid out with details of steps involved, time schedule of implementation,
monitoring, precautions to be observed etc.
A separate Synopsis of about six pages has also to be submitted along with the Project
Report.
The student should submit three hard bound copies of the Project Report (along with the
synopsis) and two number CDs (soft copy). The copies of the Project Report will not be
returned to the student.

4.5 Publishing Rights.

a) The Project Report shall not be published before the decision of the Board of
Examinations of its acceptance or otherwise.
b) The Institution will have right to use the Project Report in any manner that may be
deemed as expedient.
c) In case, the author wishes to publish the Report, due acknowledgment to the
Institution that it was a Project Report prepared for the Post Graduate Examination (M.
Sc in Industrial Engineering & Management) of the Institution has to be made by
him/her.
4.6 Format of the Project Report
The format to be followed for the Report is as follows:
A. PAPER
The Report shall be typed on white paper, A4 size.
B. The Project Report
i) The Project Work should be done personally by the student under the guidance
of Approved Project Guide. A certificate from the Guide should also be
submitted in the form specified in the Format.
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 ii)
The project work is a test of the ability of the student for data collection, analysis
of Data, Formulation of Recommendation and for suggesting a viable scheme
for implementation of his/her recommendation. The Project Report should
demonstrate these abilities.
The data should be collected either by own observation and measurements or
gathered from generally accepted valid first sources like Balance Sheet, Control
figures used by the Company, Performance Reports form Production, Sale
Department, etc. if General Data is industry wise or national bases are used. The
sources shall be quoted and should be generally accepted ones like industry
Publication, Government Statistics etc.
All the steps in the analysis of the relevant theory shall be indicated in the Report
while formulating the Recommendations, the expected costs and benefits, the
advantages and disadvantages of the recommendations etc. shall be clearly
discussed. The suggested scheme for implementation of the recommendations
should be clearly and logically laid out with all details of the steps involved, and
time schedule for implementing the steps, precautions to be observed,
monitoring etc.
iii) A synopsis has also to be submitted along with the Project Report.
iv) The Project Report should be submitted in the prescribed format which is given
later.
C. Examination of the Project Report
i) The Examiner may report the result as
a. Accepted
b. Suggest revision, Additions, Modification as necessary or
c. Rejected
ii) When the Examiner requires revisions, additions, modifications, the same will be
conveyed to the student who will have to comply with the requirements.
iii) If satisfactorily done the Examiner may recommend acceptance or modification
or he may recommend rejection.
iv) In case of rejection the student may opt for reference to a Second Examiner with
a fresh payment of the stipulated Examination Fee. If the Second Examiner also
agrees with the first examiner, the Report will be finally rejected.
If the two examiners differ, then the case will be referred to the Board of
Examination whose decision will be final.
v) If the report is finally rejected, the student will have to undertake a fresh project
and follow the same procedure as for his/her project, beginning with making a
Proposal for Project Work.
D. Project Report Specifications
The format to be followed for submission of the Report is as follows:
i) Paper
The report shall be printed on A4 size white paper, (Three copies to be submitted)
ii) Printing
The printing shall be in Arial 12 font, double spaced on one side of the paper only,
in black colour.
iii) Margin
The typed sheet shall have the margins: Left 35 mm, Right 20 mm, Bottom 20 mm.
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iv) Binding
The report shall be rexin bound, in black color.
v) Lettering
The lettering shall be inscribed, on the front cover.
vi) Front Cover
The front cover shall contain the following details :
Top: The title in capitals of 6 mm size letters, properly centered.
Centre: Full name of the candidate in block capitals of 3 mm size letters,
properly centered.
Bottom: Name of the Institution, year of submission - all in block capitals of 3
mm size letters in separate lines with spacing and properly centered. (This is
standard format)
vii) Blank Sheet
At the beginning and the end of the report two white blank sheets of paper shall
be provided.
viii) Title Sheet
The title sheet shall be the first typed sheet and shall follow immediately the blank
sheet.
ix) Certificate from the guide
The Performa of certificate will be as follows:-
This is to certify that the project work titled............ (Title) is a bonafide work carried
out by.................................. (Name of the student and membership no.) a student
for the Post Graduation Examination (M.Sc. in Industrial Engineering &
Management)of Indian Institution of Industrial Engineering under my guidance
and direction.
Signature of Guide:
Name: Designation: Address: Membership No. (In case of corporate members of
the Institution):
Date :..
Place :. (This is a standard format)
x) Abstract
Every report shall have an abstract following the title sheet. The abstract shall lead
the reader by highlighting the important features of the material contained in the
individual chapters. The abstract shall not exceed 500 words.
xi) Contents
The contents shall follow the abstract indicating the title of Chapters, Section and
Sub-Sections etc. using the decimal notation with corresponding page numbers
against them.
xii) List of tables
The contents shall be followed by a List of Tables indicating the Table
number, Table title and the corresponding page number. The Table number
shall be in decimal notation indicating the Chapter number and the Table
number in that Chapter.
Any reference within the text shall be given by quoting the relevant number,
e.g. Table 2.2.

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xiii) List of figures
The List of Figures shall follow List of Tables indicating the Figure numbers,
Figure titles and the corresponding page numbers. The Figure shall be in
decimal notation indicating the Chapter number and the figure number in
that Chapter. For e.g. 6.4 refers to Fig.4 in Chapter 6.
Any reference within the text shall be given by quoting the relevant number.(
e.g. Fig. 6.4.)
xiv) Nomenclature
The Nomenclature follows the List of Figures and contains the list of symbols
used. They shall be arranged alphabetically in order of Latin letters, Greek letters,
superscripts and subscripts. As far as possible generally accepted symbols shall be
used. Symbols not available in typewriters shall be written in permanent black ink.
xv) Page numbering
For items (8) to (14) the page number shall be in small Roman at 15 mm from
the bottom of the page centrally located.
Page numbers in Arabic numerals shall start with 2 on the second page of the
introduction chapter. There shall be no numbering of pages on which new
chapters begin. The number shall be at 15 mm from the top, centrally located.
All pages including those containing Figures and Tables must have page
numbers.
xvi) Chapter numbering
The Chapter shall be numbered in Arabic numerals, Section and sub-section of
any chapter shall be in decimal notation. All chapters shall begin on a new page.
The titles for chapters, sections, and sub-sections shall be in block capitals. The
chapter number and title shall be properly centered at the top of the page and
have three spaces between them.
The Chapter will be constructed as Follows.
xvii) Introduction to the project
The first chapter will be introductory Chapter. This chapter shall highlight the
importance of the investigation and also define the topic and scope of the work
envisaged. A typical format for the first three chapters are shown later in the
Standard Format for Report Preparation.
xviii) Review of Literature
This shall form Chapter 4. It shall present a critical appraisal of the previous work
done on the topic. The extent of emphasis on this chapter shall depend on nature
of Investigation.
xix) Work Done
The work carried out by the student shall be presented in one or more
chapters depending on the nature of Investigation. A typical format will be a
chapter each on Data Collection Analysis of Data and Formation of
Recommendation. Typical format of these chapters has been shown later in
the specimen format for Report Preparation.
Each chapter may have several sections and sub-sections with suitable titles.
Important and short derivations, and representative data in tables and Figures,
shall be presented in these chapters. Information such as lengthy derivations,
voluminous tables and large number of figures shall be presented in the
Appendix.
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xx) Concluding chapters
Discussion and Conclusion
This chapter should include a thorough evaluation of the investigation carried
out and shall clearly bring out the contribution. The discussion shall logically
lead to certain conclusions and inferences. A suggested scheme of
implementation should also be included. Precautions necessary while
implementation should also be given.
Concluding Remarks
This may also include limitations of the present study and scope for further
work.
xxi) Appendices
Appendices shall follow item (21) and will be numbered in Roman capitals. The
appendices shall normally contain detailed or lengthy derivations, sample
calculations, voluminous, large figures and calculations.
xxii) References
Bibliography shall follow the last chapter. It shall give a list of works (papers, books,
etc.) referred to in the body of the text and they shall be arranged in the order
they are cited in the text. The numbering shall be in an Arabic numeral indicated
as superscript along with the authors name in the text. Any paper information
shall contain the names of the authors, the title of the journal, the volume number
underscored, the page number and the year of publication in parenthesis. In
case of references from journals and books in languages other than English the
titles of the journals or books should be transliterated into English and not
translated. For any book of the publisher, the edition, and year of publication in
the parenthesis. For papers and books with joint authorship, the name of all the
authors shall be reproduced in the same order. The authors name shall begin
with the name followed by initials.
For example: Journal
Journal
Vyas A.L; Fuzzy Logic A New Vista for Industrial Engineering, S. &
Industrial Engineering News, Vol.2(2) (1995)
pp. 1-15.
Books
Hedge B.K., Copen M.R; Production Management Text and Cases,
Prentice Hall of India, New Delhi (1972) pp.
101-105.
xxiii) Acknowledgements
Acknowledgements shall follow (22) on a separate sheet. Acknowledgement
shall indicate the extent to which assistance has been received by the student in
his/her work from various sources.
The student should sign on this page.
xxiv) Synopsis (This should be separate from the Report)
Student to submit a new Synopsis based on the work-done.
Synopsis has to be typed in loose sheets, stapled and submitted along with the
project report. This should give information about the project in a nutshell and
should not exceed seven pages.

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 Four copies of the project report as well as of the synopsis are to be prepared
and 3 copies of each are to be submitted to the Institution. The student will
hand over one of each to the Guide and retain one copy of each for
himself/herself.
xxv) An illustrative format follows
Illustrative Specimen format
a) Title page (use standard format)
b) Certificate from guide (use standard format)
c) Abstract
d) Contents
e) List of tables
f) List of figures
Chapter 1. PREAMBLE
1.1 Introduction
1.2 Problem on hand
1.3 Importance of the problem
1.4 Scope of the project
Chapter 2. DETAILS OF THE ORGANIZATION
2.1 Introduction
2.2 The organization
2.2.1 Products
2.2.2 Processes
2.2.3 Facilities
2.2.4 Organization structure
2.3 Organizational business profile
2.4 Other relevant information
2.5 Conclusion
Chapter 3. THE PROBLEM ON HAND
3.1 Introduction
3.2 Description of the problem
3.3 Details of problem
3.3.1. Historical perspective
3.3.2. Cause and effect relationships
3.3.3. Criticality of the problem
3.4 Conclusion
Chapter 4. RELEVANT LITERATURE REVIEW
4.1 INTRODUCTION
4.2 (Presentation of material collected through review of relevant literature
quoting the sources of each material)
-- Say up to section 4.6
4.7 Conclusion
Chapter 5. DATA COLLECTION AND ANALYSIS
5.1 The type of data needed
5.2 The sources for the collection of data
5.3 The details of the data collected
5.4 Processing of the data for analysis
5.5 Conclusion
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 Chapter 6. ANALYSIS OF DATA
6.1 Choice of Techniques
Brief description of the choice of the techniques utilized and the
justification for their use.
6.2 Devote one Section each to one analysissay upto section 6.9.
The analysis carried out and technique utilized (give suitable Headings. All
the steps in the analysis of the Data and the relevant theory have to be
shown)
6.10 Consolidated Results
Give a consolidated representation of result of the analysis using
necessary number of sections and headings. ....say upto section 6.14
6.15 General Observations
Chapter 7. RECOMMENDATIONS
7.1 Brief description of Recommendations
7.2 Details of each recommendation, discussion of its technical suitability,
economic justification and feasibility of implementation.
(Devote one Section to each recommendation and give suitable
headings. Say upto section 7.9
7.10 Suggested Scheme of Implementation, precautions and monitoring
systems. (Devote one section to each recommendation and give suitable
headings)
Chapter 8. DISCUSSION OF THE RESULTS
8.1 Introduction
8.2 Overall results of the project
8.3 Overall expected benefits
8.4 Overall expected time, coast and efforts
8.5 Suggested scheme of implementation
8.6 Precautions
8.7 Conclusion
Chapter 9. CONCLUDING REMARKS
9.1 Summary
9.2 Gains of the study
9.3 Limitations of the study
9.4 Scope for further work
REFERENCES
APPENDIX
ACKNOWLEDGEMENT

E. Contact Programmes
Contact Programmes will be conducted on Saturdays and Sundays from 8 am to 5 pm
at specified venue. Else study material will be hosted on IIIE / YCMOU website.
F. Examinations
For every Examination, student has to apply on the specified format (Available on web
site).

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i) Time limit for Application for Examination
The examinations are held twice in a year in February and September. Students
submit their Exam Application Form for
a) February Examination - 1st November
b) September Examination - 1st July.
Examination Form will be available at IIIE / YCMOU web site.
ii) Examination Form
Examination Form has to be submitted as per scheduled of Examination.
iii) Exam Centre and Time
The examination will be conducted at specified venues as per promulgated
schedule.
iv) Observation of discipline by student members
Student Members are bound and shall observe the provisions of the Memorandum
of Association and Rules & Regulations of the Institution.
v) Use of Unfair means
Students found using unfair means at or during the examination, are liable for
disciplinary action in the following manner :
The students are liable to be expelled from the Examination Hall instantly.
The results of the students would be treated as cancelled.
They will not be permitted to appear for the subsequent examination (s) as
may be decided by the Board of Examination (BOE)
The maximum penalty in such cases, depending upon the gravity of the
offence, will result in debarring the student permanently from appearing for
examinations by cancelling his student Membership.
The BOE reserves the right to report the students indulgence in unfair means
to his employer and government agencies as deemed fit.
The decision of the BOE on any matter pertaining to the use of unfair means by
students at or in connection with the Examinations shall be final.
vi) Results of Examination
Results will be declared on IIIE web site on 1st May for February examination and for
September examination, on 1st November. Individual mark sheet per semester will
be issued.
A consolidated mark sheet will be issued for all the subjects of the examination
and marks obtained will be issued only to the students passing all the examinations
completely.
vii) Verification of marks
If a student wishes that the marks obtained by him/her in any paper should be
verified. He/she should apply within Ten Days from the date of issue intimation of
the results with a fee of Rs.300/- per paper.
viii) Award of Class
Pass in any subject / Lab requires a minimum 50% marks.
First class: 60% aggregate or more;
First class with distinction: 75% aggregate a more.
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 Lab classes to be done at IIIE approved Colleges and examination will be
conducted by Examiners appointed by IIIE.
Final examination will consist of
a) written exam for 60 marks and
b) continuous assessment (CA)for 40 marks
ix) Automatic Termination of Student Membership
The membership of a student will stand automatically terminated if the
subscription dues are not paid before the end of the financial year.
A student member is expected to complete this programme within a
maximum period of SEVEN years. Student Membership shall stand
automatically terminated, if a student member has not passed the Semester
I within 1 years of his/her enrollment. Semester II Examination within 2 years
of his/her enrollment or within 1 year of his/her passing the Semester-I.
Semester - III within 2 years of his/her enrollment or within 1 year of his/her
passing the Semester-II and Semester IV within 4 years for his/her enrollment
or within 3 years of his/her passing the Semester-III.
x) Re-enrollment
A student member seeking re-enrollment has to pay re- enrollment fee of Rs.
2000/- No person shall be re-admitted as Student Member for a Second Time.
xi) Communication to student members through Notification in the Industrial
Engineering Journal / Industrial Engineering News or Institution web site www.iiie-
india.com or YCMOU website.
Announcements, notifications, etc. published in any issue of Industrial Engineering
Journal, the official Journal of the institution or the Institution web site will be
deemed as individual intimation to all students and members concerned.
xii) Institutions Rights to make changes in requirements etc.
The Institution reserves the right to make changes from time to time in requirements
for admission to Examination, the scheme, the syllabus and the standard of
passing of the examination, the examination fees and such other matters related
to examination.
xiii) Disputes
All disputes are subjected to Mumbai jurisdiction only.

G. Certification
Post Graduate Degree Certificate will be issued by YCMOU, on successful completion
of M.Sc.

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 V. SYLLABUS

SEMESTER - I
Paper-1 : ADVANCED PRODUCTION PLANNING AND CONTROL
SN Code : 01-S17011

Unit:-1 Production Planning

Introduction, Production Planning and Production Control, Functions and Objectives of
production planning control, Production procedure, Information Requirement of PPC,
manufacturing Methods and PPC, Product Life Cycle, Product design, Demand Forecasting-
Long Term, short term forecasting, Time series analysis, least square method, exponential
smoothing method, Moving Average forecasting.

Unit:-2 Capacity and Process Planning

Introduction, Measurement and measures of capacity, factors influencing effective capacity,
factors favouring over capacity and under capacity, aggregate planning, liner programming
approach to aggregate planning, Master production Schedule, Process Planning Machine,
Manpower Planning, line balancing. Make or Buy Decisions- Factors influencing make or buy
decisions, Functional aspects of make or buy decision.

Unit:-3 Inventory Control

Introduction, Types of inventories, reasons for keeping inventories, inventory control, benefits of
inventory control, cost associated with inventory, inventory cost relationships, safety stock,
inventory models, deterministic and stochastic models, inventory control system, selective
control of inventory.

Unit:-4 MRP
Introduction, Objectives of MRP, MRP-I System, MRP-II system, Implementation and evaluation of
MRP, Management information from MRP, Lot sizing consideration.

Unit:-5 Advanced Manufacturing Technologies

Introduction, growth of technology, JIT, KANBAN, Lean manufacturing, agile manufacturing,
CAD, CAM, and Computer aided process planning, Computer integrated manufacturing.

Suggested Readings
1. Vollmann Thomas E, Bery William L, Why bark D Clay, Manufacturing Planning and
Control Systems Galgotia Publications, New Delhi (2002).
2. Buffa, Modern Production/operations Management, Wiley Eastern, New York
(1999).
3. Muhlemann Alan, Oakland John and Lockyer Keith, Production and Operations
Management, Macmillan India Publications Ltd. (2001).
4. Panneer Selvan R,Production and Operation Management, Prentice Hall India,
New Delhi (2002).
5. Aswathappa K and Bhat K Shridhara, Production and Operations Management,
Himalaya Publishing House, Mumbai (2002).

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 Paper-2 : PROJECT MANAGEMENT
SN Code : 02-S17012

SECTION A

Unit:-1 Project Management Concepts : Characteristics of a project Need for project management.
Roles of project managers.
Unit:-2 Project Organizational structures and Behaviors : Organisation for projects, Roles and
responsibilities of project team members and team leader, Different types of teams, Identify
leadership styles of project managers, Tedmiques used to manage groups and individuals,
Identify sources of diversity, either corpora~ or ethnic, that impact project team effectiveness.
Unit:-3 Project Planning : Statement of work (SOW) and overall project goals, Work breakdown
structure (WBS), Preparation of Task-Flow network, CPM-PERT, Gantt chart. Schedule the
completion of all work elements, Planning project communication, Quality Planning.
Unit:-4 Cost Estimating and Budgeting : Preparing cost estimates, budgets and expenditures, Effort
and Tune estimation, Developing cost summaries for tracking project expenditures, Developing
cost forecasts to proactively control future planned expenditures.
Unit:-5 Resource Allocation : Identifying resource requirement, Scheduling resources, Analyze optimal
labour utilization for cost effectiveness and schedule efficiency.

SECTION B
Unit:-6 Project Performance Measurement and Control : Concept of earned value performance
measU11!meI\t, Use of Project Management Information Systems (PMIS) to monitor, evaluate,
and control planned cost and schedule performance, Conducting periodic project
performance evaluation audits. Unit VB: Project Evaluation and Termination - Analyzing project
performances versus cost and schedule constraints, Identify causes associated with project
success and failure. Ways in which a project can be terminated upon completion.
Unit:-7 Contracting For Project Manages : Define contract administration and its role in project
management, .Project Procurement cycle, Contract Administration policies and procedures,
Select contract types for various situations. Contract Proposal Development, Contract Terms &
Conditions, Contract Negotiation.
Unit:-8 Risk Management Process : Analyze the risk management process cycle within a company,
Defend the role of risk management in overall project management, Identify risk management
activities throughout the project life cycle, Identify the risk management process.
Unit:-9 Introduction to Project Management Software and Case Studies : Introduction to MS- Project
software, Study of Recent Case-Studies in project management.

Suggested Readings:
1. Project Management, A Managerial Approach. Meredith and Mantel. John WIley
and Sons, Fifth Edition, 2003. Course Text.
2. The New Project Management, J. Davidson Frame, Jasser-Bass, 1994
3. Project Management, Harold Kerzner, Van Nostrand Reinhold, 1979.
4. Successful Project Management, Milton D. Rosenau. Lifelong Learning. 1981.
5. The Implementation of Project Management, Project ~ Institute, Addison-Wes1ey,
1982.

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 Paper-3 : MARKETING MANAGEMENT
SN Code : 03-S17013
Module-1
Marketing function and its role marketing concepts marketing environment marketing strategy
types of marketing organizations.
Module-2
Market research functions of market research department demand forecasting different methods
and their applications conducting market research consumer behavior the Indian consumer.
Module-3
Market segmentation market targeting market positioning developing new productions product
life cycle product portfolio management brand management and brand equity.
Module-4
Pricing of products and services pricing methods product distribution logisitics wholesaling and
retailing communication management in marketing marketing ethics.
Module-5
Promotion promotion methods promotion mix personal selling and direct selling CRM
International marketing, rural marketing and service marketing.

Suggested Readings
1. Koshy and Jha (Pearson)
Marketing Management Kotler, Keller,
2. Marketing Management Ramaswamy and Namakumari (Mac Millan)
3. Marketing Management Arunkumar and Meenakshi (Vikas Publishers)
4. Marketing Management Palmer (Oxford Publishers)
5. Marketing Management Rajan Saxena (TMH)
6. Marketing Management Lal, Quelch, Kasturi Rangan (TMH)
7. Marketing Management DebRaj Dutta (Vrinda Publishers)

Paper-4 : RESEARCH METHODOLOGY

SN Code : 04-S17014
Unit:-1 Introduction : Meaning, objectives and types of research, research problem, research process,
meaning, features, types, basic principles of Research Design,
Unit:-2 Sampling Design, Measurement & scaling techniques : Steps in sample Design, Characteristics
of a good sample Design, Probability & Non Probability sampling, Errors in measurement, Test
of sound measurement, Scaling and scale construction technique.
Unit:-3 Methods of data collection - Primary data : questionnaire and interviews; Collection of
secondary data; Use of computer and Information technology in data collection, Survey Errors,
Data coding; Editing and Tabulation.
Unit:-4 Analysis of data : Hypothesis testing, statistics in testing of hypothesis, Chi S-square, Analysis of
Variance; multivariable analysis.
Unit:-5 Interpretation of data : Report writing, Layout of a research report, computer application in
preparation and presentation of research reports.

Suggested Readings:
1. Zikmund : Business Research Methods, (Thomson Learning Books)
2. Marketing Research, G C Beri third edition (McGraw Hill)
3. Dwivedi Research Methods in Behaviourial Science (Macmillan)
4. Bennet, Roger : Management Research, ILO, 1993
5. Salkind, Neil J. : Exploring Research, (Prentice Hall, 1997)

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 Paper-5 : INDUSTRIAL ENGINEERING LABORATORY (PROJECT)
SN Code : 05-S17015

Experiments to demonstrate topics in work study and Quality Control.

1. Preparation of operation process chart

2. Preparation two- handed process chart
3. Preparation of multiple activity chart
4. Demonstration of work sampling
5. Experiment to demonstrate methods improvement
6. Experiment to draw learning curve
7. Demonstration of central limit theorem
8. Drawing control chart for variables
9. Drawing control charts for demerits
10. Drawing O-C curve
11. Experiment to demonstrate finished product inspection
12. Experiment to demonstrate control chart for fraction defectives

(A student should perform at least 10 experiments from the above list)

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 SEMESTER II
Paper-1 : ERGONOMICS
SN Code : 06-S17021

Unit:-1 Man - Human Factors in a Production System

Introduction, history of development, Characteristic features of man-machine system and its
components, human performance and performance reliability; Human Sensory motor systems,
stimulus dimensions, human information processing, noise and theory of signal detection (TSD)
Unit:-2 Design of work place and work components;
Introduction, principals in application, design of work surfaces. Applied anthropometry types,
use and seat design, Human body and anthropometric data
Unit:-3 Design of Controls & Displays
Introduction , design of controls and equipment using anthropometric data - Design of displays
and controls - work place design - design of visual displays - product design, visual displays for
static information, visual displays for dynamic information, auditory, tactual and olfactory
displays and controls.
Unit:-4 Environmental Factors
Introduction, Illumination -design of lighting system - sound measurement - acoustics and noise
reduction -effect of temperature, humidity and vibration on performance during working.
Unit:-5 Physiological Functions
Introduction, measure of physiological functions, introduction to structure of the body features
of the human body, stress and strain, metabolism, workload and energy consumption
,biomechanics, types of movements of body members, strength and endurance, speed of
movements, NIOSH lifting equation, lifting index, maximum acceptable weights and forces,
distal upper extremities risk, Strain Index, RULA, REBA, and Office Ergonomics ,measurement of
energy expenditure - respiration, pulse rate and blood pressure during work Evaluation of
physical work capacity.
Suggested Readings
1. Human Factors Engineering by M S Sanders and McCormick, TMH
2. Handbook of Human Factors and Ergonomics by G. Salvendy, John Wiley & Sons
3. Ergonomics How to design for ease and efficiency by KHE Kroemer, Prentice
Hall Englewood Cliffs.
4. Indian AdaptationIntroduction To Work-study ILO,Geneva,Oxford & IBH Pub. Co.
Pvt. Ltd.
5. Ergonomics at Work by Murrell
6. Ergonomics & Value Engg. (T & P)

Paper-2 : RELIABILITY ENGINEERING

SN Code : 07-S17022

Unit:-1 Basic concept of Reliability

Introduction, Fundamentals of Probability, Probability & Reliability, Definition of Reliability &
Reliability functions.
Unit:-2 Failure Data Analysis
Introduction, Failure data, Bath tub curve, Mean time to failure (MTTF), Mean time between
failure (MTBF), Failure mode effect & criticality analysis (FMECA). Hazard Models-Weibull model,
Important distributions, Theorems concerning expectation & variance.
- 22 -
Unit:-3 System Reliability
Introduction, System with component in series, System with parallel components, System with
mixed configurations & Methods of solving complex systems, k-out-of-m systems.
Unit:-4 Reliability Improvement
Introduction, Redundancy, Element redundancy, Unit redundancy, Standby redundancy &
Reliability-Cost-Trade-off. Reliability allocation-Introduction, Reliability allocation for a series
system.
Unit:-5 Maintainability & Availability
Introduction, Definitions- Maintainability & Availability, System downtime, Reliability &
Maintainability Trade-Off, Instantaneous Repair Rate, Mean time to repair (MTTR), Reliability &
Availability functions.
Suggested Readings
1. Reliability Engineering 3rd Edition : L. S. Srinath, East-West Press Pvt. Ltd. (EWP)
2. Introduction to Reliability in Design: Charles O. Smith, McGraw- Hill Kogakusha, Ltd.
3. Reliability Engineering: E. Balagurusamy, Tata McGraw-Hill Publishing Co. Ltd.
4. Reliability of Engineering Systems: I. Ryabinin, Mir Publication, Moscow.

Paper-3 : WORLD CLASS MANUFACTURING

SN Code : 08-S17023

Unit:-1 Economic liberalization and its impact :- necessity of world class production, challenges to
Indian manufacturers, Product development process, technology, suppliers, process mapping,
knowledge management.
Unit:-2 JIT total quality strategies for manufacturing success : TQM ,Six Sigma quality , WCM model ,
Technological innovation, Innovative designs.
Unit:-3 Technological innovation in manufacturing computer integrated manufacturing
JIT manufacturing systems : flexible manufacturing systems, cellular manufacturing,
Manufacturers Resources Planning (MRP II).
Unit:-4 Automated factories, intelligent manufacturing systems, agile manufacturing, quick response
manufacturing, rapid prototyping, concurrent engineering, and Tomorrows factories.
Unit:-5 Factory of the future automated systems, human factors in automated systems,
optimized production technology, simulation of production systems, Modeling, optimizing,
simulation of manufacturing systems.
Suggested Readings
1. World class New Product Development-Dan Dimanescu, Kemp Dwenger-
American Management Association.
2. M R P George W Possel, Orliky Mcgraw Hill International
3. World Class Manufacturing-Strategic Perspective - B.S.Sahay, KBC Saxena,
Ashish Kumar (Mac Milan)
4. Making Common Sense Common Practice Models for manufacturing
excellence Ron Moore (Butter worth Heinmann)
5. The Toyota Way - Jeffrey K.Liker (Tata McGraw Hill)
6. Operations Management for Competitive Advantage Chase
7. Making Common Sense Common Practice Moore
8. Managing Technology & Innovation for Competitive Advantage Narayanan
9. Just In Time Manufacturing M.G.Korgaonkar
10. Machine That Changed The World Womack

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 Paper-4 : SOFTWARE ENGINEERING
SN Code : 09-S17024

Unit:-1 System Concepts : System Characteristics, Software Development Life Cycle (SDLC), Role of
System Analyst, Characteristic of System Analyst, Introduction to Software development
models.
Unit:-2 Software Requirements : Software Requirements Fundamentals, Requirements gathering,
Requirements analysis, use of tools like DFD, Data Dictionary, Decision Trees, Structured English,
Decision Tables Introduction to Feasibility Study and Cost/Benefit Analysis, Preparing Software
Requirements Specification.
Unit:-3 Software Design : Software Design Fundamentals- understanding of the role and scope of
software design, general software design concepts, the context of software design, the
software design process; Key Issues in Software Design - concurrency, control and handling of
events, distribution of components, error and exception handling and fault tolerance,
interaction and presentation, Audit Control, Acceptance criteria, software design quality.
Unit:-4 Software Construction : Software construction fundamentals - minimizing complexity,
anticipating change, and constructing for verification, coding standards.
Unit:-5 Software Testing : Software testing fundamentals-Testing-related terminology like Errors, Bugs,
Defect, Debugging, Verification & Validation, Black-box & White-box testing etc, Objectives of
the testing, Test techniques, Testing types, Defect Analysis and Defect reports, Overview of
Testing Tool.
Unit:-6 Software Maintenance : Software maintenance fundamentals- definitions and terminology, the
nature of maintenance, the need for maintenance, Maintenance processes and maintenance
activities.
Unit:-7 Software Configuration Management (SCM) : Software configuration identification
identification of items to be controlled, establishing identification schemes for the items and
their versions, and establishing the tools and techniques to be used, Management of changes
during the software life cycle- requesting, evaluating, and approving software changes,
implementing software changes.
Unit:-8 Software Quality : Software quality fundamentals- software engineering culture and ethics, the
value and costs of quality, models and quality characteristics, and quality improvement,
Software quality management processes- Software quality control, software quality assurance,
Verification & Validation, reviews and audits, Introduction to CMM levels.
Unit:-9 Software Project Management - Managing People, Problems & Process, Basic concepts of
Measures, Metrics and Indicators, Project Scheduling & Tracking, Introduction to MS-Project.
Unit:-10 New Trends - Basic concepts of Software reusability, Software Reengineering, Reverse
Engineering & Forward Engineering, CASE tools.

Suggested Readings
1. Software Engineering - A Practitioners Approach by Roget Pressman
2. System Analysis and Design by Elias Awad
3. Software Engineering (7th Edition) (International Computer Science Series)
by Ian Sommerville

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 Paper5 : SOFTWARE LABORATORY
SN Code : 10-S17025

Familiarization and hands on -experience with:

OR packages
Simulation packages
Project management software
Statistical analysis packages

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 SEMESTER - III

Paper-1 : SYSTEMS ANALYSIS AND SIMULATIONS

SN Code : 11-S17031

Module-1
System - elements entities attributes variables - system parameters and system terminology system
concept in industrial and business undertakings.
Module-2
System modeling system analysis modeling of manufacturing, service and social systems.
Module-3
Simulation concepts history, generation of random numbers different methods random variates.
Module-4
Logic flow diagram, input data, simulation methods starting condition, typical condition analysis of
results of discrete event simulation.
Module-5
Simulation of queueing system, manufacturing system, maintenance system etc. simulation languages
simulation software their features and application.
Suggested Readings
1. Discrete event system simulation Jerry banks (Prentice Hall)
2. Systems analysis and design David J Theruf (CBS Publishers and Distributors)
3. System simulation Gordon Geoffrey (PHI)
4. System analysis and design Kendall & Kendall (PHI)
5. System analysis and design methods Whitten & Bentley

Paper-2 : ENTERPRISE RESOURCE PLANNING

SN Code : 12-S17032

Unit:-1 Introduction to ERP Concepts : Enterprise System, Resource Planning, Enterprise Potential, Total
Enterprise Solution, ERP-II. History & Evolution of ERP, Benefits of ERP, Critical Success Factors for
ERP.
Unit:-2 ERP Life Cycle : ERP Project, Stages of Project Life Cycle, System Requirements for ERP
Implementation, Pre-Implementation, Implementation And Post-Implementation, ERP Product
Life Cycle, Risks in ERP / SAP Implementation.

Unit:-3 ERP Architecture : Client Server, Distributed, Web Enabled.

Unit:-4 Product Selection : ERP Market, Market share of various Companies: Oracle E-Business Suite, SAP
R/3, PeopleSoft, BaaN, JD Edwards One World and IFS, Vendor Comparison, Market Analysis,
ERP Packages for SME.

Unit:-5 Estimation Procedures : System Evaluation, RFI, FRS, RFP, Evaluation Components, Build / Buy
Decisions.

Unit:-6 ERP and BPR : Reengineering concept, BPR Steps, ERP / BPR Relationship.
Unit:-7 Project Management : Scope, Skill-sets, Teams, Leaders, Consultants, Vendors etc, Change
Management in ERP, Need / Value / Strategy / Layers / Standards of System Integration.

Unit:-8 ERP Modules : Finance (FICO), Sales and Distribution (S&D), HRM, CRM and ABAP.

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Unit:-9 ERP Market : Reasons for high demand of ERP, Emerging Standards, Managing Change in ERP;
Role of ERP in Industries like: Automotive, Process, Capital Goods, Project Engineering and
Pharmaceuticals, Best Business Practices.

Unit:-10 ERP Cases : TISCO, Mahindra & Mahindra, HLL, L & T, Escorts, Electrolux, BPCL.
Suggested Readings
1. Textbook of Enterprise Resource Planning: Jaiswal / Vanapalli, McMillan
2. Concepts in Enterprise Resource Planning by Joseph Brady, Ellen Monk, and Bret
Wagner
3. From Underdogs to Tigers: The Rise and Growth of the Software Industry in Brazil,
China, India, Ireland, and Israel by Ashish Arora and Alfonso Gambardella
4. Reengineering The Corporation: Michael Hammer and James Chambay, 1997

Paper-3 : SERVICE MARKETING

SN Code : 13-S17033
Unit:-1 Services: Characteristics and Nature
Nature & definition of services, characteristics of services, service sector, growth of services in
India, trends in services marketing.
Unit:-2 Marketing Mix Elements for Services
Inadequacy of 4 Ps, product, price, service promotion, service distribution, participants, service
personnel, physical evidence, servicescape.
Unit:-3 Service Customer Behavior
Service decision process, customer as a decision maker
Demand and Supply Management
Service capacity, demand and capacity management, strategies to deal capacity
demand imbalance
Unit:-4 Service Quality, Measurement & Control
Quality in services, measuring service quality, SERVQUAL, customer satisfaction index,
Unit:-5 Customer Relationships
Service strategies, relationships in services, CRM, service recovery and empowerment

Suggested Readings
1. Services Marketing by Harsh Verma Publisher: Pearson Education.
2. Services Marketing by Govind Apte Publisher: Oxford university Press.
3. Services Marketing by S M Jha Publisher Himalaya Publishing Company.
4. Services Marketing - Integrating Customer Focus across the Firm by Valarie A.
Zeithaml Publisher: McGraw Hill.

Paper 4 : Security Analysis and Portfolio Management

SN Code : 14-S17034

Unit I: Investment Basics - Definition, Investor life cycle and investment goals, Investment options
available and their comparison, Portfolio management process, Measures of return and risk historical
rates calculation, Expected rates, required rate of return, risk free rate of return, Markowitz portfolio
theory - Risk and return for one security, two security and portfolio. Efficient frontier, Investor utility.

Unit II: Capital Market Theory & Efficient capital markets Background & Need, EMH forms, tests and
results, Implications of efficient capital markets; Dow Theory, Random walk Hypothesis, Indian Markets
and Efficiency, risk free asset, the market portfolio; capital asset pricing Model, systematic and
unsystematic risk, CML, SML; Arbitrage pricing theory empirical test of APT.

- 27 -
Unit III: Fundamental analysis - Concept, process, Economy analysis, sector analysis, company analysis;
Individual stock and bond analysis information sources, Tools and techniques of fundamental analysis,
business cycle and industry analysis. Analysis of growth companies.

Unit IV: Technical Analysis Meaning, Assumptions, advantages and challenges; Technical Indicators,
rules of trading & difference between technical & Fundamental analysis, Tools and techniques for
Technical analysis Dow Theory, charting, Moving averages, Turning Points, trend lines, Oscillators & Elliot
Wave Theory.

Unit V: Evaluation of Portfolio performance - Concept, Measures available Treyner, Sharpe, Jensen,
performance attribution analysis, Measuring market timing skills, Evaluation of Bond portfolio
performance, Strategies of great masters.

Suggested Readings
5. Investment Analysis and Portfolio Management by Prasanna Chandra, Tata
McGraw Hill Publishers 1/E, 2002
6. Security Analysis and Portfolio Management, V.A.Avadhani,2007, Himalaya
Publishing House
7. Investment Science, David G.Luenberger, Oxford Univeristy Press.
8. Financial Management, R.P.Rustagi, Galgotia Publication House.
9. Investment William Sharpe (PHI)

Project work Stage 1

SN Code : 15-S17035

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 SEMESTER - IV

Paper-1 : ORGANISATIONAL BEHAVIOUR

SN Code : 16-S17041

SECTION A
Unit:-1 Organizational Behaviour : The nature of organisations: Why do organisations exist? Components
of organisations; Organisations as open systems, Managers in organisations, Productivity and
managerial performance, Value-added managers, the manager's challenge, Organisational
behaviour and the new workplace, Managing the globalisation of work, Managing human rights
in the workplace, Managing developments in information technologies, Managing
organisational transitions, Managing new forms of Organisation.
Unit:-2 Foundations of Individual Behaviour : biographical characteristics, ability, and learning.
Unit:-3 Perception : Introduction. Halo effect. Stereotyping. pigeonholing and compartmentalisation;
Self-fulfilling prophecy; Perceptual mythology; other influences on perception.
Unit:-4 Attitudes and values : Attitudes, Components of attitudes, Attitudes and behaviour, Attitudes
and cognitive consistency, Job satisfaction as an attitude; development Values, Sources and
types of values, Patterns and trends in values, Managing values and attitudes.
Unit:-5 Motivation : Concepts, Theories of Maslow, Helzberg. McClelland, Porter &Lawler Model,
Application of Motivation concept, Individual motivation and motivation in the organization,
Cultural Differences in Motivation. Intrinsic and Extrinsic Motivation, Social Motivation. Motivation
and Health. Role of motivation in human behaviour.

SECTION B
Unit:-6 Foundations of group behaviour : The nature of groups: groups and teams, informal and formal
groups, purpose of teams, Teams and team building: selecting team members, team roles,
stages in team development, team building, team identity, team loyalty, commitment to shared
beliefs, multidisciplinary teams, Team Dynamics: group norms, decision-making behaviour,
dysfunctional teams, Cohesiveness.
Unit:-7 Conflict : Substantive and emotional conflicts, Levels of conflict, Sources of conflict in
organisations, Symptoms of conflict, Causes of conflict, Strategies for the management of
conflict.
Unit:-8 Organizational Change : Nature, levels and dilemmas of change, Pressures for change. The
Domino effect, Responses to change, Force field analysis, Change process, Resistance to
change, Dynamics of change.
Unit:-9 Organizational Development : Goals of organisational development: Principles underlying
organisational development, Ethical aspects of organisational development, The process of
organisational development: Action research and organisational development, Organisational
development interventions: Organisation-wide interventions, Smaller group and inter-group
interventions, Individual interventions.
Unit:-10 OD Techniques : Traditional: Grid Training. Survey Method; Modern: Process Consultation
Method, Third Party, Team Building, Transactional Analysis.
Learning and Teaching Strategy
Although the 'lecture' will provide a formal framework for each topic area, debate, discussion
and participation shall be encouraged together with case study work and group activities.
Suggested Readings
1. Organisation Behaviour, Luthans 8th Tata McGraw Hill
2. 0rganisation Behaviour, Robbins, 9th Pearsan Education Asia
3. Principal of Organizational Behaviour 4th Ed.By R. Fincham-Oxford

Project work Stage 2

SN Code : 17- S17042

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