Saturday, April 30, 2016

MGT 203: Organizational Behavior (3 Credits)

Hi Everybody,
I welcome you to this wonderful course “Organization Behavior”. This course aims is to provide learner with an in-depth understanding of fundamental theories of organizational behavior. The course comprises 11 units- introduction to OB, understanding individual behavior, perception, learning, personality, motivation and job satisfaction, groups and teams in organizations, leadership, communication, conflict and organizational change and development.
Course Details
Unit 1: Introduction to Organizational Behavior LH 6
Concept, Organizational behavior system, basic assumptions, levels of OB analysis, Basic assumptions of OB, Contributing disciplines to the field of OB, challenges for managers.
Unit 2: Understanding Individual Behavior LH 5
Concept, behavior as an input-output system. Mental process-beliefs, attitudes, values, needs, motives and behavior, Sensation, Emotions and Cognitive dissonance.
Unit 3: Perception LH 3
Concept, perceptual process, factors affecting perception, specific application of perception in organizations, theories in organizations, Attribution theory, Attribution errors.
Unit 4: Learning LH 3
Concept of learning, Learning theories, Factors influencing learning, Principles of learning, Behavior modification.
Unit 5: Personality LH 5
Concept, Personality traits and characteristics, Determinants of personality, linking an individual's personality and values to the workplace, Major personality attributes influencing OB, application of personality traits and characteristics at work place.
Unit 6: Motivation and Job Satisfaction LH 5
Concept, Motivation theories-Maslow Hierarchy needs theory, Hygiene factors and motivator’s theory, ERG motivation theory, McClelland Achievement theory and Vroom expectancy theory. Application of motivation theories, Motivation for Performance, Concept of job satisfaction, Effects of job satisfaction on employees’ performance.
Unit 7: Groups and Teams in Organizations LH 5
Concept of group and group dynamics, the dynamics of group formation, types of groups, the dynamics of informal groups, concept and nature of teams, Types of teams, Team processes.
Unit 8: Leadership LH 4
Concept, Effective leadership, Theories of leadership-trait perspective, behavioral theories, contingency theories,
Unit 9: Communication LH 4
Concept, Function and process, System, Types, Communication network, Barriers to effective communication, Overcoming communication barriers, Issues in communication.
Unit 10: Conflict LH 3
Concept, nature, types and nature and types of intergroup conflict, Dynamics of intergroup conflict, Sources of conflict, Approaches to conflict management.
Unit 11: Organizational Change and Development LH 5
Concept, Forces of change, Resistance to change, Approaches to managing organizational change, Concept of organizational development (OD), OD values, OD interventions.

Text Books
Robbins, S.P., Organizational Behavior, New Delhi: Pearson.
Arnold, H.J. and Fieldman, D.C. Organizational Behavior. New York: McGraw Hill Book Company.
Adhikari, D.R. Organizational Behavior. Kathmandu: Buddha Academic Enterprises Pvt. Ltd.
Asathappa, K.Organizational Behavior.(8th Edition), New Delhi: Himalayan Publishing House.
Dwivedi, R.S. Human Relations and Organizational Behavior: A Global Perspective. New Delhi: Macmillan India Limited.
Moorhead, G. and Griffin, R.W. (2000).Organizational Behavior. New Delhi: AITBS Publishers.
Evaluation Criteria
Criteria
Marks
%
Case Study
5
5
Assignment
5
5
Presentation
5
5
Mid Term
10
10
Pre Board
15
15
End Term
60
60
Total
100
100
·         Note: Student unable to attend below 80 % is unable to appear for final exams.
Case analysis (in individual)
·         Each student should first read the case thoroughly and should address the issues.
·         Thereafter they should answer the case questions given.
·         A report on the case analysis should be submitted.
·         Student submitting late or not submitting all the case report will be subject to deduction of marks.
·         Each student is allocated an individual score (from 1 to 5) and average score is used to grade their case analysis.
Presentation (in group)
·         Each student should present their part in the presentation.
·         Each student is allocated an individual score (from 1 to 5) and group score (from 1 to 5), and average score is used to grade their presentation.
·         Thereafter they should present their part carefully.
Assignment (in individual)
·         Each student should submit the provided assignment in due date (hand written),  copying wholly or partly will be penalized by deduction in marks.
·         Each student is allocated an individual score (from 1 to 5) in each assignment and average score is used to grade their final assignment.
Mid Term
The midterm exam will take place after the unit 5 has been completed. The mid-term structure will comprise of 40 marks and its weight age in the final grade will be 10%. The pass marks is 16 out of 40. The time allocated for the midterm exam is 2 hour. The question format for the exam will comprise of three groups.
·         Group A [10 x 1 = 10] Short Questions
·         Group B [5 x 4   = 20] Long Questions
·         Group C [5 x 2 = 10] Case Study
Pre-Board Exam
The pre board exam will take place after all the units has been completed. The pre board exam simulates the board exam and will comprise of 60 marks and its weight age in the final grade will be 15%. The pass marks is 24 out of 60. The time allocated for the midterm exam is 3 hour. The question format for the exam will comprise of three groups.
·         Group A [10 x 1 = 10] Short Questions
·         Group B [6 x 5   = 30] Long Questions
·         Group C [4 x 5   = 20] Case Study
End Term
The end term exam will be taken by Tribhuvan University. The end term exam comprises of 60 marks and its weight age in the final grade will be 60%. The pass marks is 24 out of 60. The time allocated for the midterm exam is 3 hour. The question format for the exam will comprise of three groups.
·         Group A [10 x 1 = 10] Short Questions
·         Group B [6 x 5   = 30] Long Questions
·         Group C [4 x 5   = 20] Case Study

Wednesday, March 2, 2016

TRIBHUWAN UNIVERSITY 4 YEAR BBA SYLLABUS


TRIBHUWAN UNIVERSITY 4 YEAR BBA SYLLABUS 
FIN 201: Business Finance (Credit Hours: 3)
BBA, Second Year, Third Semester 
Course Objective:
The basic objective of this course is to impart basic knowledge and required skills of business finance to
students to understand the nature and functions of finance and to professionally use the knowledge to
analyze financial issues and take appropriate financial decisions and actions thereto.
Course Description:
The course deals with nature of finance functions, financial statement and cash flow analysis, time value
of money, risk and return, bond and stock valuation, capital budgeting analysis, and working capital
management.
Course Details:
Unit 1: Introduction: CH 3
Nature of business finance and role of a financial manager; Goals of the firm; Finance functions;
The agency problem; Financial markets and the firm.
Unit 2: Financial Statements, Taxes, Cash Flow and Analysis: CH5
Nature of financial statements; The balance sheet; The income statement; Cash flow; Common
size statements; Ratio analysis; The Du Pont identity; Using financial statement information
Unit 3: The Time Value of Money: CH 6
Concept of the time value of money; Future value and compounding – single and multiple
periods; Present value and discounting – single and multiple periods; Present value vs. future
value – multiple cash flows; Finding number of periods; Loan amortization
.
Unit 4: Risk and Return: CH 7
Nature of risk and return; Expected returns and variances; portfolio analysis; Risk – systematic
and unsystematic; Diversification and portfolio risk; Systematic risk and beta; The security
market line; The SML and the cost of capital.
Unit 5: Bond Valuation and Interest Rates: CH 5
Bonds and bonds valuation; Bond ratings; Types of bonds; Bond markets; Inflation and interest
rates; Determinants of bond yields.
Unit 6: Stock Valuation: CH 7
Features of common and preferred stocks; Common stock valuation – zero growth, constant
growth, nonconstant growth and two stage growth; The stock markets – dealers and brokers,
organization of stock exchange
Unit 7: Capital Budgeting Analysis: CH 8
Nature of capital expenditures; Significance of capital budgeting; Techniques of capital budgeting
and decision rule – payback rule, average accounting return, internal rate of return and
profitability analysis; Estimates of project cash flows; Role of depreciation; Evaluating NPV
estimates; Replacement problems.
Unit 8:Working Capital Management: CH 7
Nature and objectives of working capital management; Cash management – objectives of cash
management and cash budget; Receivables management – credit policy, credit period, cash
discount and analyzing credit policy; Inventory management – nature of inventory, objectives of
inventory management, economic order quantity and quantity discounts.
Basic Textbook:
Stephen A. Ross, Randolph W. Westerfield and Bradford D. Jordan. Fundamentals of Corporate
Finance. New Delhi: Tata McGraw Hill Education Pvt. Ltd.
Reference Books:
James C. Van Horne and John M. Wachowicz, Jr. Fundamentals of Financial Management. New Delhi:
Prentice-Hall Limited.
Eugene F. Brigham and Joel F. Houston. Fundamentals of Financial Management. Singapore:
Thomson, South-Western.

POKHARA UNIVERSITY 4 YEAR BBA SYLLABUS


POKHARA UNIVERSITY 4 YEAR BBA SYLLABUS
FIN 101.3 (Credit hours 3)
Finance I
BBA, Second Year, Fourth Semester
Course Objectives:
The two core courses on Finance, Finance I and Finance II, aim to provide students with basic understanding of important concepts in finance and investments. For students choosing to specialize in finance, the two core courses give them solid foundation. For students choosing to concentrate on other areas of management, the two core course equips them adequately to understand financial decisions and communicate effectively with finance managers or finance professionals.
Course Contents:
1. Earnings and Cash Flow Analysis 3 hours
Inadequacy of accounting numbers; Emphasis on Free Cash Flow; Interpretation of Financial Ratios.
2. Liquidity and Working Capital Management 3 hours
Working capital and its components; Cash conversion cycle; Managing cash, inventories, and receivables.
3. Concepts of Return and Time value of Money 9 hours
Compound interest, compounding frequency and their implication on future values of an investment; Periodic interest rate and effective annual interest rate; Discounting and present values of cash flows; Valuation of level and growth perpetuities, annuities; Nominal return, inflation, and real return; Nominal and real interest rate/ discount rate.
4. Introduction to Concept of Risk 9 hours
Concept of Expected Value, Variance, Standard Deviation, and Covariance of Returns; Limitation of Variance as a measure of risk; Normal distribution and adequacy of expected return and variance. Concept of diversification; Use and limitations of diversification in risk reduction; Market versus unique risk; Assets versus portfolio risk. Capital Asset Pricing Model (CAPM) and beta as a measure of asset risk.
5. Valuation of Default Risk Free Bond 6 hours
Price and yield relationship of a bond; Price risk of a default risk free bond; Coupon rate and price risk; maturity and price risk.
6. Valuation of Common Stock 6 hours
Book value, Liquidation value, Replacement Cost Value, Dividend Discount Model of stock valuation. Growth stocks and income stocks; Earning per share and P/E multiple; growth, reinvestment, ROE and stock Price; Market Efficiency and Stock Price Behavior
7. Capital Investment Decisions 6 hours
Superiority of Net Present Value (NPV) over pay back period, accounting rate of return, internal rate of return (IRR), discounted payback period, and profitability index. Estimating cash flows: sunk cost, opportunity cost, cannibalization, sales creation and the concept of incremental cash flows. Capital Replacement Decision; Optimal Timing of Investment; Comparing investment with different lives; Capital Rationing Problem. Sensitivity and Scenario analysis;
8. Capital Structure and Theories of Capital Structure 6 hours
Modigliani and Miller's (MM) irrelevance proposition of Capital Structure; Static Tradeoff Theory of Capital Structure; Pecking Order Theory; Impact of debt on incentive and agency problems. Cost of Capital and Weighted Average Cost of Capital
Text Book:
1. Brealey, R.A., Myers S.C., Marcus A.J.: Fundamentals of Corporate Finance, McGraw- Hill International edition.
Reference Books:
1. Brigham, E.F., Gapenski, L. C., and Ehourhardt: Financial Management: Theory and Practice, Harcourt College Publication, 9th edition.
2. Van Horne, J.C., and Wachowicz, JR.: Fundamentals of Financial Management, Prentice- Hall India Ltd.

Thursday, November 5, 2015

Financial Structure and Economic Growth: A case of Nepal.

Himalaya Ban
 Abstract


This study investigates the impact of financial structure in economic growth of Nepal. Further, it tries to analyze the role of bank and market in the economic growth of Nepal. The study uses annual time series data from 1960 to 2014 for bank and from 1994 to 2014 for market variables. It has developed a model to capture the interrelationships among aggregate bank variables like money supply growth, bank deposit growth, bank credit growth and bank assets growth and market based variables like market capitalization growth, stock value growth, trading turnover growth and NEPSE growth and economic growth variables like real gross domestic product growth, gross capital formation growth and gross domestic savings growth. The study employs descriptive analysis, correlation analysis, and ordinary least square analysis.
The study finds that financial structure does have impact upon economic growth of Nepal. Furthermore, the study finds that bank based financial structure is dominant in Nepalese financial system and the role of capital market seems to be insignificant. It may be either the size of market is too small to seek the relationship or it is weakly linked to real economic activities. The study is consistent with the earlier findings in other countries and it has two important implications. First, the policy should focus on banking sector development by enhancing its quality and outreach as it promotes economic growth. Second, in line with the banking sector, the scope of capital market should be further expanded to real economic activities to channelize its impact on growth. As far as liberalization is concerned it has played a significant impact on economic growth and financial development of Nepal.  


Keywords: Financial Structure, Economic Growth, Money Supply, Bank Deposit, Bank Credit, Bank Assets, Market Capitalization, NEPSE, Market Capitalization, Gross Capital Formation, Gross Domestic Savings, Gross Domestic Product
 

Sunday, October 11, 2015

Determinants of Stock price of Nepalese Enterprises


Himalaya Ban[1], Kalpana Parajuli, Kushal Shrestha and Manish Bhattarai
Abstract
This paper examines the determinants of stock price in Nepalese enterprises, related with commercial banks, hydropower and hotel companies. The market price per share is taken as the sole dependent variable and firm specific variable Cash dividend per share, Stock dividend per share, Retained earnings, Earning Per Share, Return on Assets, and macro-economic variable Inflation and Economic growth are taken as independent variable. The data are collected from the Banking and Financial Statistics, Banking Supervision report published by Nepal Rastra Bank ,NRB and Annual Report published by Securities Board of Nepal, SEBON from 2063/64 to 2068/69. The multiple regression models are applied to test the significance and identify relationship between the Market Price per share and independent variables.
The results show that there is positive significant impact of Cash Dividend Per Share and Economic growth on Market Price Per Share in Commercial Bank; positive significant impact of Earning Per Share and Economic Growth with Market Price per share in Hotel Enterprises; and positive significant impact of Return on Assets and Economic growth with Market price per share in Hydropower Enterprises. In totality Earning Per share and Economic growth have positive significant impact with Market Price per share in Commercial Banks, Hotel and Hydropower Enterprises.
Keywords: Market Price Per Share, Cash Dividend Per Share, Stock Dividend Per Share, Earning Per Share, Return on Assets, Retained Earnings, Inflation, Economic Growth.



[1]Himalaya Ban is a lecturer at Kathmandu University and he can be reached at himalayaban@gmail.com
*The paper on the same topic was presented at Uniglobe International Conference II, Contemporary Issues & Challenges in Management, Hyatt Regency, Kathmandu, November 17-18, 2014