MBA Free Notes

Hello sir, I’m doing MBA from recognised university. I want o some MBA free notes. Will you here provide me some notes for MBA course? Please provide me notes of MBA?

[Shaleen]

Two year MBA provides business management study to the MBA students. This course has various specializations to its students.

Some topics will be considered in MBA:

Managerial Economics
Finance or Business Accounting
Operation Research and Quantitative Techniques
HRM
Organizational Behaviour and Organizational Development
Business Laws and Ethics
Corporate Communication
Principles of Management


Principles of Management
The Principles of Management are the essential, underlying factors that form the foundations of successful management. In the 21st century, oberservers find it increasingly difficult to subdivide management into functional categories in this way. More and more processes simultaneously involve several categories. According to Harold Koontz, “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”

Managerial Economics
Managerial Economics is economics applied in decision-making. It is that branch of economics that serves as a link between abstract theory and managerial practice. Managerial economics is concerned with the business firm and the ecnomic problem that every management need to solve. Economics provides us with a number of concepts and analytical tools to help us understand and analyse such problems. Managerial Economics may be taken as economical applied to problems of choice of alternatives of economic involves analysis of allocation of the resources by the firms.

Finance or Business Accounting
American Accounting Association defines accounting as "the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the information". Accounting refers to the actual process of preparing and presenting the accounts. In other words, it is the art of putting the academic knowledge of accountancy into practice. When a person starts a business, whether large or small, his main aim is to earn profit. He receives money from certain sources like sale of goods, salary, rent, etc.

Operation Research and Quantitative Techniques
The advent of Operation Research (commonly known as OR) was second world war. The name was also derived from its use for research on Military Operations during the war. Operations Research (OR) (a term coined by McClosky and Trefthen in 1940) was a technique that evolved during World War II to effectively use the limited military resources and yet achieve the best possible results in military operations. In essence you can state that OR is a technique that helps achieve best (optimum) results under the given set of limited resources. Over the years, OR has been adapted and used very much in the manufacturing sector towards optimization of resources.

HRM
Human Resource Management (HRM) is the process of managing people in organizations in a structured and thorough manner. Managing people in the form of a collective relationship between management and employees. Human Resource Management is a management function that helps manager recruit, select, train and develops members for an organisation.

Organizational Behavior and Organizational Development
Organizational Behaviour focuses on understanding, forecasting and controlling behaviour at work-place to ensure effective performance. Organizational Behaviour considers organizations as social systems. Organizational behaviour is a scientific and systematic study of the behaviour of the people and the groups (both formal and informal) in organizations. Organization Development is an attempt to plan, organize and increase organizational effectiveness through planned intervention in the processes of the organization.

Business Laws and Ethics
Business Law is a body of principles which are framed by the state in the administration of justice. The Ruler regulates the conduct of people, protect their life and property, extend justice and ensure security through Laws. It is a code of conduct. Law is Prescriptive in nature. Business Law is a part of civil law. It is studied as Commercial Law, Mercantile Law. It deals with rights and obligations of Business persons with their rights and obligations arising out of business transactions. It encompasses various aspects of Law and business like Laws on Contracts, Companies, Partnership, Insurance, Sale of goods, corporate relations, Negotiable instruments etc

Corporate Communication
There is much discussion in the academic world of communication as to what actually constitutes communication. Currently, many definitions of communication are used in order to conceptualize the processes by which people navigate and assign meaning. Comminication is also understood as the exchanging of understanding. A simple communication model is one with a sender transferring a message containing information to a receiver.

Management Information Systems
An MIS is a system, designed to provide selected desision-oriented informtion needed by management to plan, control and evaluate the activites of the corporation. MIS can be defined as "a formal method of collecting timely information in a presentable form, in order to facilitate effective decision-making and implementation, in order to carry out organisational operations for the purpose of achieving the organisational goals. According to Philip Kotler "A marketing information system consists of people, equipment and prcedures to gather, sort, analyse, evaluate and distribute the needed, timely and accurate information to marketing decision makers"

Here I’m attaching some PDF of MBA notes: