Master Of Business Administration (MBA)
Overview
The Department of Business Administration was established in the year 2009. Currently, the department is offering Master of Business Administration (MBA) full-time Post- Graduate Program affiliated to RTMNU under the specialization of Finance, Marketing ,Operations and Human Resource Management and sanctioned intake is 60 seats We, at JIT strive to meet the growing requirements of updated management education with innovation and constructive approach. Programme provide a good blend of theoretical knowledge coupled with practical results-oriented training. The Department has a dedicated Training and Placement Cell with good placement ratio of students through multinational companies like Axis Bank, Goel Ganga, TGN, Tata Consultancy Services, Amazon.in etc.
Vision & Mission
Vision
To be an eminent business school through academic excellence, envisaging transformational ideas for societal development.
Mission
- 1. To produce efficient managers who are not only equipped with Managerial skills but also possess sense of social responsibility to uplift the organizations and society.
2. To provide an integrated learning environment and opportunities for students to master the skills and knowledge necessary for effective participation and management of modern organizations.
3. To inculcate communication skill, team spirit, ethics, leadership and decision making skills among students.
Salient Features
✓ A semester based modular approach to the learning process.
✓ Project based training program which includes industry internship program and a dissertation.
✓ Separate library enriched with latest books, magazines, national and international journals & e-journals.
✓ Regular mentoring and counselling.
✓ Regular Career Planning by eminent trainers.
✓ Excellent facilities for sports and cultural activities.
✓ Programme provides a good blend of theoretical knowledge coupled with practical results-oriented training.
The Department has a dedicated Training and Placement Cell with good placement ratio of students through multinational companies like HCL, Reliance, Altius, Alacrity Solutions, Axis Bank, Goel Ganga, Tata Consultancy Services, Amazon etc.
HOD
Dr. Swati N. Rahate
HOD,Associate Professor
B.E, MBA, Ph.D
Experience – 15 Years
Department of Business Administration was established in the year 2009. Currently, the department is offering Master of Business Administration (MBA) full-time Post- Graduate Program affiliated to RTMNU under the specialization of Finance, Marketing, Operations and Human Resource Management and sanctioned intake is 60 seats. We, at JIT strive to meet the growing requirements of updated management education with innovation and constructive approach. Programme provides a good blend of theoretical knowledge coupled with practical results-oriented training. The Department has a dedicated Training and Placement Cell with good placement ratio of students through multinational companies like Axis Bank, Goel Ganga, TGN, Tata Consultancy Services, Amazon etc
Achievement
Dr. Swati N. Rahate
1. Appointed as Research Guide in Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur
Dr. Mahesh Suresh Chopde
1. Appointed as a Resource Person and Faculty Coordinator for Mahatma Gandhi National Council for Rural Education, Ministry of Education, Department of Higher Education Institute, Government of India.
2. Working as an Approved Faculty for Sikkim Manipal University, Sikkim.
3. Working as an Academic Counsellor for Indira Gandhi National University, New Delhi.
Faculty Profile
Faculty Details
| S.N. | Faculty Name | Designation |
| 1. | Dr. Swati Rahate | HOD,
Associate Professor |
| 2. | Dr. Surekha Jichkar | Professor |
| 3. | Prof. Madhavi Wairagade | Assistant Professor |
| 4. | Prof. Sangeeta Kukreja | Assistant Professor |
| 5. | Dr. Mahesh Chopde | Assistant Professor |
| 6. | Prof. Rajesh Shende | Assistant Professor |
| 7. | Prof. Shubhangi Gore | Assistant Professor |
| 8. | Prof. Suziya Khan | Assistant Professor |
Student Forum Activities
CO’s
| MBA I Sem | |||
| MANAGERIAL ECONOMICS | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given the details regarding price and quantity, the future manager will be able to calculate and interpret price elasticity, income elasticity and cross-price elasticity of demand and will also be able examine the uses and abuses of demand forecasting techniques | 1,2,3 & 4 | |
| CO2 | Given the information about scale of production, the future manager will be able to analyze various aspects of empirical production functions and also will be able to comprehend the difference sources of economies and diseconomies of scale. | 1,2,3 & 4 | |
| CO3 | Given the information pertaining to market structure, the future manager will be able to determine the optimal price and output for firms under different market structures. | 1,2,3,4 & 5 | |
| CO4 | Given the circular flow model of an economy, the future manager will be able to interpret the role and importance of each component with regard to factor market and product market and will also be able to comment on the implications and control of inflation. | 1 & 2 | |
| CO5 | Given the information regarding expenses and income in an economy, the future manager will be able to calculate and explicate the gross domestic product using expenditure and income approaches and given the details about a phase of the business cycle, the future manager will be able to depict the symptoms, causes and effects on economic activities of a nation | 1 & 2 | |
| MANAGEMENT INFORMATION SYSTEM | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | The student will be able to describe different types of management information system from management activity point of view and will also be able to identify and work out KRAs, BOPs and BPPs for various organisations/systems. | 1,2 & 3 | |
| CO2 | The student will be able to identify the master data, draw report format and interface matrix while making a model of DSS. | 1,2 & 3 | |
| CO3 | The student will be able to suggest the conceptual model of PMS and will also be able to draw a system model of integrated system (PMS+SCM+Accounting and Billing) | 1 | |
| CO4 | The student will be able to describe the key features of ERP, SCM and CRM and will also be able to draw functional flow and process flow diagrams for various transactions. | 1 | |
| CO5 | The student will be able to enumerate the factors affecting system performance and will also be able to comment on the operational feasibility of IT system under consideration | 1 | |
| BUSINESS RESEARCH | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | In context of research, the student will be able to define business research problems and will also able to formulate an abbreviated version of research proposal. | 1,2,3,4,5 & 6 | |
| CO2 | The student will be able to describe and choose appropriate sampling design and will also be able to estimate appropriate sample size. | 1,2,3,4 &5 | |
| CO3 | The student will be able to develop measurement tools and construct appropriate scales therein. | 1,2 & 3 | |
| CO4 | The student will be able to select suitable method of data collection and will be able to make questionnaire/e-questionnaire | 1,2 & 3 | |
| CO5 | The student will be able to derive inferences by applying various techniques of interpretation and be and write various types of research reports. | 1 & 2 | |
| ORGANIZATIONAL BEHAVIOUR | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Students will be able to explain the concept of Organisation Design and determine the factors that affect Organisation Design. | 1 & 2 | |
| CO2 | Students will be able to identify the components of Individual Behaviour and apply the concept of Learning, Perception, Attitudes and values | 1,2 & 3 | |
| CO3 | The student will be able to distinguish between the various theories of motivation and their application in organizations and also be able to apply these theories to practical problems in organizations. They will also be able to distinguish between a number of different leadership theories & styles and contribute to the effective performance of a team as the team leader or a group member | 1,2,3 & 4 | |
| CO4 | The future managers/ students will be able to analyse the behaviour of individuals and groups in organisations in terms of the key factors that influence organisational behaviour and demonstrate skills required for working in groups (team building). | 1,2,3 & 4 | |
| CO5 | The students will be able to justify how organizational change and conflict affect working relationships within organizations and demonstrate how to apply relevant theories to solve problems of change and conflict within organizations | 1,2,3, 4 & 5 | |
| FINANCIAL REPORTING, STATEMENTS AND ANALYSIS | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given an accounting situation Students will be able to evaluate selected accounting standards and performtheir application in actual practice | 1,2,3, 4 & 5 | |
| CO2 | Given the Trial Balance and accompanying financial adjustments the future manager shall be able to prepare the financial statements and calculate the profit or loss of a firm as at the end of the financial year. | 1,2 &3 | |
| CO3 | Given the financial statements a student will be able to Prepare Cash Flow statement to evaluate whether a firm is doing well financially and has sufficient cash to meet its obligations and support its growth or not. | 1,2 &3 | |
| CO4 | Given the financial statements a student will be able to perform Ratio analysis and comment on the performance of the firm. Whether a firm is doing well or not. (As compared to its peers or year on year basis.) | ||
| CO5 | Given the financial statements a student will be able to formulate common size statement, trend analysis as well as inter-firm and intra firm comparison (As compared to its peers or year on year basis.) | 1,2,3,4,5 & 6 | |
| BUSINESS STATISTICS & ANALYTICS FOR DECISION MAKING | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | For a given dataset, the student should be able estimate the dispersion / variance & symmetry of the data using various measures and draw inferences to facilitate decision making. | 1,2,3, 4 & 5 | |
| CO2 | For a given dataset, the student should be able assess the level of association between given variables in the data using various types of correlation analysis techniques. The students should also be able to predict the values of a variable using regression analysis techniques. | 1,2,3, 4 & 5 | |
| CO3 | For given situations a student should be able determine the various probabilities arising out of the situation and make use of probability theory and appropriate probability distributions for the purpose of decision making. | 1,2,3, 4 & 5 | |
| CO4 | For a given research problem, student should be able to construct appropriate hypotheses and draw conclusions by using a suitable hypothesis testing procedure so as to address the research problem in question. | 1,2 & 3 | |
| CO5 | The student will be able to differentiate between various forms of analytics and will also be able to choose suitable analytics for decision making | 1,2,3, 4,5 & 6 | |
| LEGAL & BUSINESS ENVIRONMENT | SR. No. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given the circumstances, the learner will be able to infer legal aspects of doing business &plan business activities. In a given situation, the learner will be able make use of provisions of the Contract Act to evaluate a contract used in commercial practice. | 1, 2 & 3 | |
| CO2 | In a given situation, learner will be able to distinguish between various types of Companies and explain their comparativeadvantages and disadvantages. The learner will be able to explain the legal process involved in formation of a company and understand the relationships amongst the various stakeholders of the company. | 1,2,3 & 4 | |
| CO3 | In context of Intellectual Property Rights (IPR) the learner will understand various components of IPR and differentiate between them. The learner can also identify the uses of IPR in business | 1,2 & 3 | |
| CO4 | Under the given scenario, the learner will be able to describe various provisions of IT Act and will be able to use various provisions of Consumer Protection Act. | 1 & 2 | |
| CO5 | A learner will be able to analyze the elements of Social, political, economic environment around a firm. | 1,2,3 & 4 | |
| MANAGERIAL SKILLS FOR EFFECTIVENESS | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | The student will be able to make proper use of group of words, synonyms and antonyms, phrases, idioms, proverbs for effective verbal communication | 1,2&3 | |
| CO2 | The student will be able to write essays and CV using Word Processor | 1 | |
| CO3 | The student will be able to draft business letters for given situations using Word Processor | 1 | |
| CO4 | The student will be able to apply basic functions of PowerPoint and will also be able to create effective PowerPoint Presentations using templates | 1,2&3 | |
| CO5 | The student will be able to use various spreadsheet functions and will also be create useful spreadsheets | 1,2,3,4,5&6 | |
| MBA II Sem | |||
| FINANCIAL MANAGEMENT | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given financial cost parameters, the future manager will be able to calculate specific cost of capital (i.e. Cost of debt, preference, equity and retained earnings) and the weighted average cost of capital for any specific given firm. | 1 & 2 | |
| CO2 | Given different financing options, the future manager will be able to analyze the effect of operating and financial leverage on EPS and recommend a suitable long term financing mix for an organization by applying EBIT-EPS analysis, Indifference Level of EBIT and Financial Break-even Analysis for given financing options. | 1,2,3& 4 | |
| CO3 | Given the cash-flows pertaining to a project, the future manager will be able to estimate projects’ cash flows to distinguish between value creating and value destroying investments using time-value intensive DCF techniques (viz. NPV, IRR, discounted payback period, profitability index) and Non-DCF techniques (i.e. Payback Period and Average rate of return approach) | 1,2,3,4,5 & 6 | |
| CO4 | Given the details pertaining to elements of working capital for a given level of activity, the future manager will be able to ascertain the components of current assets and current liabilities and determine the gross and net operating working capital requirement. | 1,2,3,4, & 5 | |
| CO5 | Given the expected dividends, future price of shares, investor expectations and funding requirements; the future manager will be able to compute the value of a share using various dividend discount models and illustrate whether dividend is relevant for firm valuation or not. | 1,2,3,4, & 5 | |
| MARKETING MANAGEMENT | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | For a given marketing objective of a company the student manager will be able to develop a suitable marketing mix. | 1,2& 3 | |
| CO2 | For a given product the student managers will be able to apply the three steps of target marketing: market segmentation, target marketing, and market positioning. | 1,2& 3 | |
| CO3 | For various stages in the life cycle of the product the student managers will be able to recommend a suitable pricing strategy | 1,2,3, 4 & 5 | |
| CO4 | For a given company the student managers will be able to evaluate different distribution channel options and their suitability for the company’s product. | 1,2,3, 4 & 5 | |
| CO5 | For a given company the student managers will be able to evaluate different distribution channel options and their suitability for the company’s product. | 1,2,3, 4 & 5 | |
| HUMAN RESOURCE MANAGEMENT | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Students should be able to explain the importance of Human Resource Management for an organisation and also distinguish between Personnel and HR Management. | 1 & 2 | |
| CO2 | For a given job profile, students should be able to develop a job analysis and produce a job description and job specification | 1,2 & 3 | |
| CO3 | Students should be able to design a Human Resource Plan for an organisation and construct its Selection Process | 1,2,3, 4, 5 & 6 | |
| CO4 | Students should be able to justify the applicability of various techniques of Training | 1,2,3, 4, & 5 | |
| CO5 | Students should be able to outline the performance appraisal process and identify and explain the utility of various modern and traditional methods of Performance Appraisal | 1 & 2 | |
| OPERATIONS MANAGEMENT | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | At the end of the course the students can apply the concept of operations management in manufacturing and service sector and will be able to plan and implement production and service related decisions. | 1,2,3,4,5 & 6 | |
| CO2 | At the end of the course the student will be able to plan production schedules and plan resources (material and machine) required for production | 1,2,3,4,5 & 6 | |
| CO3 | At the end of the course the students can design maintenance schedules in manufacturing units, identify and propose material handling equipments and implement industrial safety rules | 1,2,3,4,5 & 6 | |
| CO4 | At the end of the course the students can design maintenance schedules in manufacturing units, identify and propose material handling equipments and implement industrial safety rules | 1,2,3,4,5 & 6 | |
| CO5 | At the end of the course the students can measure performance related to productivity and will be able to conduct basic industrial engineering study on men and machines. | 1,2,3,4,& 5 | |
| INTERNATIONAL BUSINESS | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Students should be able to understand various concepts and terminologies involved in International Business and importance of international trade | 1 & 2 | |
| CO2 | Students should be able to evaluate various modes of entry in to International business and should be able to select the best mode of entry given a situation. | 1,2,3,4 & 5 | |
| CO3 | Students should be able to evaluate various modes of entry in to International business and should be able to select the best mode of entry given a situation. | 1,2,3,4 & 5 | |
| CO4 | Students should be able to examine and elaborate the role of various Government institutions in India which support International trade. | 1,2,3 & 4 | |
| CO5 | Students should be able to perceive the concepts in recent EXIM policy of India and relate it to the flow of FDI as well as direction of Indian foreign trade. | 1,2,3,4 & 5 | |
| CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABILITY | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given the concept of CSR, the future manager will be able to identify the various activities which can benefit the organization under the banner of CSR. | 1,2 & 3 | |
| CO2 | Given a chance, the future manager will be able to frame and recommend the CSR policy according to sustainable development. | 1,2,3,4 & 5 | |
| CO3 | Given the framework, the future manager will be able to plan the CSR activity according to the various laws and regulations. | 1,2,3,4,5 & 6 | |
| CO4 | Given the details pertaining to government and non government organizations, the future manager will be able to ascertain the role of various stakeholders in CSR activities and incorporate the guidelines issued by regulatory guidelines in CSR policy. | 1,2,3,4 & 5 | |
| CO5 | Given the task of CSR , the future manager will be able to plan and implement various activities to be taken under CSR activity and evaluate its effectiveness |
1,2,3,4,5 & 6 | |
| COST ACCOUNTING | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given an information about basic conceptual framework of cost, the student will be able of identify/ classify different elements/classification of cost and will be able to prepare cost sheet and prepare quotations for various business proposals | 1,2 & 3 | |
| CO2 | Given an information about cost, volume and profit for specific product for mention time period, a student will able to compute Break-even point, Marine of safety, Profit volume ratio, desired profit / desired sales as well as able to evaluate the decision making proposals(suitable product mix / dropping a product line / fixation of selling price / make or buy decisions/Key Factor Analysis) | 1,2,3,4 & 5 | |
| CO3 | Given information about relevant expenses, a student will be able to classify the cost by nature and estimate cost of operating a service | 1,2,3 & 4 | |
| CO4 | Given an information about Expenses & Income / Receipt & Payment / Projected Sales, a student will be able to prepare relevant functional level budgets for an organisation | 1,2 & 3 | |
| CO5 | Given an information about standard and actual performance, the student will be able to determine Direct Material and Direct Labour Variances. | 1,2,3,4 & 5 | |
| MANAGEMENT CASE ANALYSIS | S.NO. | Course Outcome | Blooms Level |
| Students should be able to | |||
| CO 1 | Given a situation a student will be able to construct SWOT for a concerned orgnaisation or situation as well as he/she will be able to indentify key actors/stakeholders in the given situation | 1,2 & 3 | |
| CO2 | Given a situation a student will be able to construct SWOT for a concerned orgnaisation or situation as well as he/she will be able to identify key actors/stakeholders in the given situation | 1,2 & 3 | |
| CO3 | A student will be able to develop suitable alternatives for the dilemma identified. | 1,2 & 3 | |
| CO4 | A student will be able to analyse and evaluate the alternatives using the theoretical framework. | 1,2, 3 & 4 | |
| CO5 | A Student will be able to discuss suggest suitable roadmaps to overcome the identified dilemma. | 1,2,3,4,5 & 6 | |
Course & Intake
Course Offered – Master of Business Administration – 2 Years Program
Intake – 60 Seats
Why MBA?
An MBA program provides a more diverse and wider field for graduates to expand in. There are several core areas covered within an MBA program, including Human Resource, Marketing, Operations, International Business, Business law, Statistics, Management Information Systems, Economics, and Finance. All these areas qualify an MBA graduate to pursue a career in multiple areas and business sectors as well as the public sector.
With a new outlook on life and the business world, the different areas taught in an MBA program will develop the student’s survival skills and professionalism, enabling them to develop into exceptional communicators and advisers.With an MBA degree program, students will be taught business management, planning, and even financial handling. These skills will put them in the perfect position to manage their own business effectively while contributing to the economic development of the country.
A degree of Masters in Business Administration will alter the whole perception of life and adjust student minds for the betterment.
Syllabus
Industrial Visit
1. Jhulelal Institute of Technology’s International & Industrial Tour to Bhutan & Kolkata
2. Jhulelal Institute of Technology Participated in Sahas Camp
3. Jhulelal Institute of Technology’s Industrial Visit to Adani Wilmar Limited, Manegaon
4.Jhulelal Institute of Technology’s Industrial Visit to Waghmare Food Products Pvt. Ltd.
5. Jhulelal Institute of Technology’s Industrial Visit to Shamlax Metachem Private Limited
6.Jhulelal Institute of Technology’s Industrial Visit to Malpani Wood Industries
7. Jhulelal Institute of Technology’s Industrial Visit to FORMS
8. Jhulelal Institute of Technology’s Industrial Visit to Dinshaw’s
9. Jhulelal Institute of Technology’s CSR & Industrial Visit to CSV Wardha
Students of MBA Department during the visit
10. Jhulelal Institute of Technology’s Industrial Visit to Alexis Hospital
11. Students and Faculties during the visit to Bata Showroom
Department Photos
PO’s
| PO1 | Apply knowledge of management theories and practices to solve business problems. |
| PO2 | Foster Analytical and critical thinking abilities for data-based decision making. |
| PO3 | Ability to develop Value based Leadership ability. |
| PO4 | Ability to understand, analyze and communicate global, economic, legal, and ethical aspects of business. |
| PO5 | Ability to lead themselves and others in the achievement of organizational goals, contributing effectively to a team environment. |
| PO6 | Students will be able to conduct intensive research and analyse usually in response to a specific business problem, research objective or hypothesis and arrive at feasible solution. |
| PO7 | Students will be able to work independently, identify appropriate resources required for a project and manage a project through to completion. |
| PO8 | Student will be able to develop self-sustainability as well as competitiveness and employability in context to technological changes. |
PEO’s
- Succeed in applying management principles and concepts to real world business and organizational issues.
- Excel as practicing Managers, Business Leaders, Academicians and Researchers
- Hold professional and ethical attitudes, effective communication skills and team work, life-long learning to become successful professionals.
Key Features
- Since 2009 the Department of Business Administration has offered Full time MBA Program tailored to the specific needs of professionals to meet the challenges of a dynamic global economy.
- Affiliated to Rastrasant Tukdoji Maharaj Nagpur University.
- Recognized by All India Council for Technical Education AICTE, DTE and RTMNU
- Highly qualified, committed & experienced faculty as per AICTE
- A semester based modular approach to the learning process
- Project based training program which includes industry internship program and a dissertation
- Separate library enriched with latest books, magazines, national and international journals & e-journals
- Excellent facilities for sports and cultural activities
- Internet facility backed by 24 hours power supply
- Programme provide a good blend of theoretical knowledge coupled with practical results-oriented training
- The Department has a dedicated Training and Placement Cell with good placement ratio of students through multinational companies like Axis Bank, Goel Ganga, TGN, Tata Consultancy Services, Amazon.in etc.
