Certificate Program on Sustainable Enterprises Development (CPSED)

The basic objective of this course in economics is to familiarise the participants with the fundamental economic principles, and to examine the ways by which these principles could profitably be employed in the context of enterprise decision-making. This course deals with micro-economic issues and principles involving households and firms, mainly in the areas of Demand and Supply; Production and Cost of Firms; Price/Output Decisions by firms under varying market conditions; and factor pricing. Focus is to familiarise students with the concepts and analytical tools from micro economic theory that are useful to entrepreneurs in making decisions at the firm level – whether the business is directly involved in production, value-additions to raw inputs, or provides support services including the distribution, processing, packaging, and marketing of final products.

The course is designed to provide an understanding of the role and relevance of accounting function in an organisation and also the basic concepts, techniques and methodologies relevant to accounting function and Generally Accepted Accounting Principles. Fundamentals of Accounting: Basic understanding of accounting, Conceptual framework of financial statements Business transactions to trial balance, Trial balance to Balance sheet and profit and loss account for non-corporate and corporate entities. Asset Valuation: Valuation of Tangible Fixed Assets, Depreciation on fixed assets, valuation of assets under finance lease and intangible assets, amortisation and asset impairment, Valuation of inventories, valuation of investments. Understanding Corporate financial statements: Corporate Balance sheet, corporate profit and loss account, Notes to the accounts and significant accounting policies, understanding and constructing corporate cash flow statement, other financial reports- Auditors report and Directors report, corporate governance report. Financial Statement Analysis: Financial Statement Analysis using the tool kit of Multi step Income statement, horizontal analysis, common size analysis, Trend analysis, Earning per share analysis, Ratio analysis, analysis of cash flow statement. Contemporary issues in financial Accounting: Global financial reporting, GAAPs and IFRSs, IAS, Indian GAAP and US GAAP, Foreign currency accounting, Inflation Accounting, Human Resource Accounting, Environment accounting, Responsibility Accounting.

This course is designed to impart understanding of basic concepts, techniques and methodologies for analytical decision-making across the spectrum of managerial tasks and functions using Excel. Topics covered in this course are: Collection, Presentation and Summarisation of Data; Probability Concepts; Basic Distributions; Correlation and Regression; Methods of Sampling; Index Number and Time Series Analysis. Tests of Hypothesis (concerning one and two populations); Points and Interval Estimation; Analysis of Variance; Measures of Association; Goodness of Fit Test; Non-parametric Tests. This course helps students to understand and formulate managerial situations in a decision theoretic framework. It focuses on developing skills in structuring and analyzing problems and to inculcate the attitude of developing an executable solution to the problem with the help of some statistical techniques using Excel.

Participants will analyze the fundamental processes that comprise a business system, building a conceptual understanding of how businesses emerge and prosper. Participants will examine business functions, resources, and processes in order to appreciate their synergy and interrelatedness. Goods and Services are categorised as public, private, common and collective goods. Enterprises are also categorised as public, private, social and collective enterprises. Governance, management of operations and shareholders/members/stakeholders’ systems differ across them. Notion of citizenship, ownership, membership and trusteeship elements inform leadership behaviours.

The objective of this course is to expose the learner to the field of production and operations management. The focus will be on imparting knowledge of the basic concepts, tools, and functions of production and management as applicable to food and agribusiness enterprises. Topics covered include Linear Programming; Transportation and assignment problems; Goal Programming. Queuing Models and their applications; Integer Programming; Decision Analysis; Simulation.

This course provides framework to the students to understand the human behavior dynamics in work organizations through the study of the individual, the group and the organizational system. The course is designed to develop an understanding of behaviour of an individual and groups in organisational setting. Diagnosis and Prediction of Individual Behaviour; Group Behaviour- inter and intra, Organisation Culture and Traditions; Inter-Personal Skills and sensitivity. The course is designed to provide an understanding of self, personality, perception, motivation and team work in an organisation context.

The course aims to make students proficient in concepts and techniques of financial management. Focus will be on developing understanding of the application of Financial and investment decisions. This course is designed to enable the students to make optimal use of the financial resources of the organisation. Major topics covered in the course are: Funds Flow Analysis; Basic Concepts of Working Capital Management; Forecasting Working Capital Needs; Cash Management. The major emphasis of the course will be on financing, investment and distribution decisions. Major components of the course include: Capital Budgeting Decisions; Leverage, Capital Structure and Planning; Dividend Decisions; Leasing; Mergers and Takeovers

This course helps the students in understanding of the fundamental concepts of marketing & the environment in which marketing system operates. It also helps students in analyzing the motives influencing buying behavior & describing major bases for segment marketing, target marketing, and market positioning. It also helps in identifying a conceptual framework, covering basic elements of the marketing mix and to understand fundamental premise underlying market driven strategies. Major topics covered in the first course are : Analyzing the marketing environment and consumer behavior; Identifying market segments and selecting target markets; Differentiating and positioning the market offer; Developing , testing, and launching new products and services; Managing product life cycles and strategies; Managing product lines, brands and packaging and Designing pricing strategies and programs.

TQM is applied in many organizations with the objective to improve product quality and increased customer satisfaction and is divided into six elements: top management commitment; customer focus; supply chain quality management; people management; continuous improvement; and process management. It is widely accepted that Quality Management Systems approach is indicated to ensure quality of products and services. Furthermore, Total Quality Management, Six Sigma, ISO Standards and Hoshin Kanri have established as important management systems for quality guarantee in many production processes. Agriculture and livestock systems prefer to incorporate best practices, traceability, animal and crop control, government regulations and certifications to quality guarantee.

The course covers strategy formulation and implementation issues respectively. Basic concepts of SM; Creating a learning organisation; Basic model of SM; Strategic decision making; Scanning the environment: Industry analysis; Competitive intelligence; Forecasting; Synthesis of external factors; ETOP Study. Internal scanning:  Organisational analysis; resource-based approach; value chain analysis; Scanning functional resources; Strategic audit; Strategy formulation: Situational analysis: SWOT analysis, TOWS Matrix; Corporate strategy; Strategies for growth and diversification; Process of strategic planning; Stages of corporate development; Portfolio analysis; Corporate parenting; Functional strategy; Core competencies; Strategic choice. Strategy implementation and control: Organising for action; Developing programmes, budgets and procedures; Strategy implementation through structure, values, and ideologies; McKinsey’s 7s framework; Acquisition of resources and competence; Organization life cycle; Management & Control, Activity- based costing; Strategic Information Systems: The course also covers: Resource Allocation; Organisation Structure, Systems, Skills, Functional Policies; and Leadership Styles.

The concept of the project life cycle; peculiarities of food and agribusiness projects form core of this course. Diverse skills needed in project management; project selection, design, appraisal, execution including resource management, monitoring and control; network techniques; appreciation and use   of project management software will be imparted through this course.  Project Identification Analysis: Socio-economic Consideration in Project Formulation; Investment Opportunities; Project Screening and Presentation of Projects of Decision Making; Expansion of Capacity; Diversification. Market and Technical Analysis: Market and Demand Analysis – Market Survey, Demand Forecasting, Uncertainties in Demand Forecasting; Technical Analysis- Product Mix, Plant Capacity, Materials and Inputs, Machinery and Equipment. Project Costing and Finance: Cost of project; Cost of production; Break even Analysis; Means of Financing Project; Tax Aspects in Project Finance; Role of Financial Institution in Project Finance. Project Appraisal: Time Value of Money; Project Appraisal Techniques – Payback Period, Accounting Rate of Return, Net Present Value, Internal Rate of Return, Benefit Cost Ratio; Social Cost Benefit Analysis; Effective Rate of Protection. Risk Analysis: Measures of Risk; Sensitivity Analysis; Stimulation Analysis; Decision Tree Analysis.

The course helps to discover the basic characteristics of a business-oriented enterprises and the different legal, labour, tax, environmental and health aspects that must be considered for successfully formalizing the activity of the enterprise. It also helps to assess the importance of participatory governance and management of Private, Public, Social and Collective Enterprises; Organisational Design business performance, capital structure and leadership issues, competitive and comparative advantages of business models and assessment of enterprise performance.

The subject is intended to give students an understanding on various concepts and terminologies used in cost management and critically evaluate various costing methods and techniques such as marginal costing, budgetary control, standard costing and activity based costing, variance analysis etc. It helps in applying and analyzing various costing methods and techniques mentioned above. Understand various cost methods and techniques with their features, merits and demerits). It helps in demonstrating the application of cost sheet, marginal costing, budgetary control techniques, Activity based costing etc.

This course will help students to know about value chains consisting of all the stakeholders who participate in the coordinated production and value-adding activities that are needed to make any product. Value chain analysis will help helps students in identifying chain actors at each stage and discerning their functions and relationships; determining the chain governance, or leadership, to facilitate chain formation and strengthening; and identifying value adding activities in the chain and assigning costs and added value to each of those activities. By going beyond the traditional narrow focus on production, value chain analysis overcomes several important limitations of traditional sector assessments which tend to ignore the dynamic linkages with and among productive activities that occur outside the gambit.

Developing entrepreneurship spirit and abilities in the students by exposing them to food and agri business opportunities and imparting skills and techniques of exploring these opportunities through innovative design of business models and crafting of business enterprises. It is also aimed to educate about the legal forms and formalities of setting up of an enterprise, its governance and management systems. Entrepreneurship: Concept and Definitions; Entrepreneurship in food and agri business Development; Classification and Types of Entrepreneurs; Entrepreneurial Competencies; Economic, Non-Economic Factors Affecting Entrepreneurial Growth; Traits/Qualities of an Entrepreneur; Entrepreneur life cycle and organisation life cycles.

The business model encompasses your product or service, your customers, and the key resources, process, metrics and norms, capital and cost structures, revenue and margin models, that will enable you to meet your profitability and growth objectives. This course introduces a structured way to think about, analyze, and develop a sound business model and business plans.

This course will help students relate the basic concepts and technologies used in the field of management information systems; compare the processes of developing and implementing information systems outline the role of the ethical, social, and security issues of information systems. Translate the role of information systems in organizations, the strategic management processes, with the implications for the management.

Geographic Information Systems are powerful decision-making tools for any business or industry since it allows the analyzation of environmental, demographic, and topographic data. Data intelligence compiled from GIS applications help various industries, and consumers, make informed decisions.

You will also be introduced to the concept of Digital Marketing and preparing a Digital Marketing plan.

This course helps the participants to understand the approach to risk management through risk identification, risk measurement and risk management (or mitigation) strategies. Participants will be able to learn about the risks and explain uncertainty that exists in industry; the process adopted by banks and financial institutions for evaluating risks in finance; the process used by banks to analyze a credit line; the process used by banks to analyze repayment capacity; the debt structures and average loan size in finance and the risk mitigating strategies used to reduce risks and uncertainties in finance. Risk mitigation mechanisms embedded in design of organisations and capital structure are also covered.

The subject helps participants in understanding the basic components of research design and helps in gaining an insight into the applications of research methods as applicable in enterprises. It also helps in understanding various research approaches, techniques and strategies appropriate to the business. The course will also help in developing necessary critical thinking skills in order to evaluate different research approaches in business. It consists of scale of measurement, sources of data, sampling concepts, etc.

This course charts the journey from microcredit and microfinance to a more holistic financial inclusion agenda; with the focus on community owned and based microfinance models. Participants will go through in-depth study of members owned models such as Village Savings and Loan Associations (VSLAs), Self-Help-Groups (SHGs), Financial Cooperatives and Credit Unions, and the latest developments and innovations on the ground including informal savings groups linkages with Banks and MFIs, mobile banking, II tier institutions and value-chain finance.

Enabling environments are forged by the traditional, broader macro-level forces (political, social and economic) that are relevant to all sectors of an economy.

This course provides participants with insights into the core concepts of incorporation of company, cooperative or producer company; to understand pros and cons of various policies and procedures of taxation (GST), governance and management, gain insights into various procedures of compliance, investigation & winding up. With increasing globalization and governmental regulation for all business activities, the survival and growth of the organization depend to a large extent on their compliance of existing regulations individually, as well as their ability to influence public policies in the area of their concern collectively.

This course is intended to help participants self-clarify their value inclination; to sensitise them about ethical dilemmas involved in performing the role of food and agri business manager and to assist them in developing an ethical framework for guiding their managerial decisions, actions and relations. Value orientation and change processes, ethical standards for business, ethics in functional areas of management, Improvement is expected in ethical reasoning as compared to rationalising by correlating moral concepts to managerial practices through clarification of self-concept and world view that underlie the managerial behaviour and sensitisation to human values in analysing social, economic, ecological, political aspects of managerial problems.

Topics include the major ethical constructs and practical leadership skills.

This course will familiarize participants with theories and policies that guide international trade. Participants learn why international trade is important for the enterprises, and they examine how it effects production and profit.

They will also be exposed to the concepts of Import & Export.

This course aims at making the participants familiar with the logic, practice and instruments of the futures and derivatives. These markets are increasingly becoming functional now under the liberalized market and policy environment. The course will examine the nature of these markets, major instruments and tools of their performance assessment and global trends.