What sets IIMC apart from all other management schools in India is its analytical pedagogy. It is a unique blend of theoretical knowledge and case discussion that equips future managers to develop deep understanding of required skills and their application. Debate and interactive discussions are an integral part of IIMC’s pedagogy.
IIMC has played a pioneering role in the introduction of innovative courses. Every year new courses are introduced and changes made in current courses to keep students in sync with the latest developments in the field of management. It is hardly surprising, then, that IIMC offers a high number of elective courses giving students a huge variety of courses to choose from depending on their interests and career plans. IIMC also has been at the forefront of executive education for the last three decades and has been widely acclaimed for the various customized programmes it has introduced over the years based on its frontline research and consulting. The institute has made sure that its education programmes remain relevant and are able to meet the changing needs of business organizations and their managers.
Students are required to take 25 compulsory courses spread over six terms.
The students are required to take 15 electives course spread over three terms (Terms IV, V and VI). They choose form a wide range of elective courses offered.
Click here for course outlines of Elective courses
Financial Reporting and Analysis is an introductory course on corporate financial reporting. It aims to expose students to understanding and interpreting corporate financial statements and annual financial disclosures. The course covers the basic structure and contents of financial statements, and analysis of the statements to determine the operating and financial strengths of companies.
Cost management relates to assessing & analyzing cost information for decision makers internal to a company, primarily the managers who plan, direct & control the activities of the company. The course aims to endow the future managers with skills & techniques useful for analyzing cost information in the light of revenue information & other qualitative factors. The skills learnt would place them in a better position to meet the challenges of achieving short term profitability objective as well as the long term strategic goals.
This course provides grounding in the theory and practice of corporate finance at an introductory level, and a synthesis of the most important current research in corporate finance, with an emphasis on the applications of the principles. The course views financial decision requirements of both the short and long term.
The objective of the course is to equip the students with the statistical background that is absolutely necessary for reaching efficient managerial decisions under uncertainty. It deals with basics of probability, probability distributions, regression, and most fundamental topics in statistical inference.
Operations Research or Operational Research is a course that deals with the application of advanced analytical methods to help make better decisions. It employs techniques from other mathematical sciences to arrive at optimal or near-optimal solutions to complex decision-making problems. The subject introduces the decision making techniques of management decision making and also its applications in real management scenarios. The pedagogy is through case studies, hands-on excel exercises and lectures.
The course teaches the fundamentals of operations management, its various concepts like planning, inventory management, and quality management. It also covers various analytical methods and tools to measure performance of various aspects of operations and discusses the practices in operation management that make operations of certain firms world class.
With the advent of new technologies and opening up of new business avenues, the way of working of the organizations has changed considerably over a period of time. This course gives an insight on the complex and dynamic problems faced by the managers in these organizations, and the tools and techniques used to solve these problems.
The Business market is constantly evolving. To maintain an edge over the competitors and maintain the growth trajectory, the subject focuses on formulating, evaluating and implementing various strategies that corporates need to employ: Inorganic or Organic. The subject deals with the scope of the firm, valuation of various lines of business and strategies to compete successfully in multiple stages of industry value chain, multiple product markets and geographies, with respect to a CEO's perspective.The pedagogy is Case Study and Project.
The emergence of a burgeoning middle class and a vast pool of talented and educated knowledge workers has led to internationalising firms from the emerging economies like India (called the emerging multinationals) showing immense potential to be at the fore front of global business leadership in the foreseeable future. This has led to an acute need for global managers from emerging economies with requisite knowledge and skills and most importantly with a global aspiration, outlook and mindset to provide leadership in managing cross border operations. This course attempts to develop an understanding of conceptual and managerial motives, issues and intricacies in foreign market entry and management of cross border operations along with the analytical abilities to aid decision making regarding entry strategies of firms in the foreign markets.
This course is about markets and how they work. The aim is to cover the broad principles of microeconomics that underlie and affect all business decisions. We study the important features of consumer behaviour, firm decision-making, and government interventions; and explore how the aggregation of individual decisions determines market outcomes.
The focus of the course is on the aggregate behavior of the economy. The basic objective of this compulsory course is to help the students to understand what is happening around in the economy. The broad topics include national income accounting, business cycles and multiplier, financial system and money, inflation, monetary and fiscal policy, balance of payments, and foreign exchange markets.
This course will present a disseminated analysis from both the growth and development perspective to provide a detailed understanding of India’s aggregate economic performance. The course will seek to situate India’s patterns of integration and economic performance within the overall growth dynamics of the economy and also within the spectrum of other developing nations. It will also focus on the impact of GDP growth on various elements such as employment, poverty, export growth and social development.
Markets and marketing are interpreted in diverse ways by scholars in management theory and social sciences. This is a foundation course to expose students to the assumptions and perspectives of marketing theory and practices, understand commonly deployed tools and frameworks of marketing theory and situate marketing theory and practices in a social context. The course will focus on interactive case based analysis and diverse interpretations of the application of management principles to real-world business problems.
Markets are increasingly becoming more complex, turbulent, and interrelated. These changes are throwing new challenges for Managers in terms of understanding market structures and in identifying opportunities for growth. Firms are realizing that aggressive marketing is the key to their vitality and growth. Marketing Management (Strategic Issues) helps develop the skills and techniques employed in formulating marketing strategy and examine the tools necessary to execute and implement this strategy in an integrated fashion.
Information and Communications Technologies (ICT) are changing dynamics at an unprecedented pace. This course helps students explore how organizations are creating ICT strategies, implementing them and leveraging them to attain business goals. The lectures and case-driven approach encourages students to wear CXO hats and analyze the potential, challenges and best practices in ICT today.
The course covers regulations governing the contracts and different types of contracts that exist. It deals with, in detail, the Indian Legal system and its implications on the current business environment with specific emphasis laid on company laws, dispute resolution and consumer protection.
The Human Resource Management course introduces participants to basic analytic tools employed by personnel analysts to understand various HRM processes and outcomes. A strategic and economic approach to decision making (organization + employee) in HRM is taken. Following the pedagogy of lectures, class discussions and problem solving the course covers various aspects of HRM in 10 sessions. Powered by group project work, group presentations and case discussions it provides a platform for collaborative learning of Human Resource Management concepts.
A relevant area for business administration, Human Behavior at Work provides an understanding of the complex, behavioural dynamics of people in organizations. Among several other topics, the course aims at awareness on aspects of perceptions of individuals, leadership traits, and conflict management and negotiation strategies in diverse, cross-cultural work places.
This course forms the second offering in the Organizational Behavior domain. It aims at familiarizing the context in which individual, group and team interactions are likely to take place. There are three major objectives of this course:
- Develop an understanding of the need for organizing.
- Familiarize with various forms of organizing.
- Understand the dilemma of a decision maker/protagonist in decision making.
All over the world -- and India is not an exception -- there is a growing awareness that Ethics is not a luxury or something that warrants just a lip service in running a business but is a critical component to be incorporated in business decisions. Only organizations that are not `suspects' but earn `respect' through sound ethical behavior in the larger interest of the `stakeholders' rather than the `stockholders' alone, will be able to achieve sustainable growth and profitability. The objective of this course, to be conducted through concept-issue-case-based discussions, is to sharpen the participants' ability and sensitize them to the ethical dimensions of the management of a business enterprise.