1^st Year- Common Program:

 

All the students enrolled to the Faculty of Management are required to follow a common curriculum in the First and Second years, before they select their specialization area in their third year of study. The students are expected to earn 29 credits in their first year.

Structure of 100 Level Common Program

 

Year 1- Semester I						Year 1- Semester II
Course Code	Course Title	No. of Credits	Department Responsible			Course Code	Course Title	No. of Credits	Department Responsible
BSM 101	Management Theory & Practice	3	Management Studies			BSM 105	Macroeconomics	3	Management Studies
BSM 102	Microeconomics	3	Management Studies			BSM 106	Business Statistics	3	Operations Management
BSM 103	Business Mathematics	3	Operations Management			BSM 107	Business Communication	2	Management Studies
BSM 104	Information Communication Technology	3	Operations Management			BSM 108	Business Law	3	Management Studies
ACF 101	Financial Accounting I	3	Business Finance			ACF 102	Financial Accounting II	3	Business Finance

 

Year 1- Semester I

BSM 101: Management Theory & Practice

The aim of this course is to provide basic knowledge on the scope and functions of modern management. This course serves as a foundation for advanced topics in management in later stages.

BSM 102: Microeconomics

This course focuses on providing an understanding about how basic problem faced by nations to be rationally approached. The relevance of Microeconomics to management will be emphasized.

BSM 103: Business Mathematics

The aim of this course is to provide the students with adequate knowledge in basic mathematical concepts and techniques assisting them to follow courses which require mathematical applications.

BSM 104: Information Communication Technology

This course aims to provide basic knowledge in Information Communication Technology (ICT) to enable students to gain an understanding on the application of ICT tools in a working environment. The knowledge generated through this course also enables them to follow advanced courses related to ICT such as Operations Research and Management Information Systems.

ACF 101: Financial Accounting – I

The aim of this course is to provide adequate knowledge on the accounting treatments of Partnership and the related topics in accounting to follow further courses offered during the period of study. The following major areas covered in the course: Introduction to accounting environment; Conceptual and Regulatory Framework; Partnership Accounts; Leases; Contract Accounts; Royalties; Accounting for Branches.    

 

Year 1- Semester II

BSM 105: Macroeconomics

The course focuses on Macro Economic theories and concepts. Throughout the course a focus will be on ‘critical thinking’ to analyze macroeconomic problems.

BSM 106: Business Statistics

This course aims at providing students with introductory knowledge of applying statistics in management problems analysis and decision making.

BSM 107: Business Communication

The course aims to provide students with competencies in business communication so that they will be able to communicate effectively at both individual and professional levels.

BSM 108: Business Law

The course provides the basic knowledge of Law prevalent in Sri Lanka and to make the students aware of effects of Law in business activities

ACF 102: Financial Accounting - II

This course focuses on the preparation and presentation of financial statements of companies with adequate coverage of relevant Sri Lanka Accounting Standards. Shares Issues; Debentures Issue; Accounting Standards on Preparation and Presentation of Financial Statement: Inventories, Property Plant & Equipment, Cash Flow Statements, Changes in Accounting Estimates and Errors, Events after the reporting period, Income Taxes are covered in this course.

 

2^nd Year- Common Program:

All the students enrolled to the Faculty of Management are required to follow a common curriculum in the First and Second years, before they select their specialization area in their third year of study. The students are expected to earn 31 credits in their second year.

 

Structure of 200 Level Common Program

 

Year 2- Semester I						Year 2- Semester II
Course Code	Course Title	No. of Credits	Department Responsible			Course Code	Course Title	No. of Credits	Department Responsible
HRM 201	Human Resource Management	3	Human Resource Management			OPM 202	Project Management	3	Operations Management
OPM 201	Operations Management	3	Operations Management			BSM 201	Entrepreneurship	3	Operations Management
ACF 201	Auditing & Taxation	4	Business Finance			OPM 203	Operations Research	3	Operations Management
ACF 202	Management Accounting	3	Business Finance			ACF 203	Corporate Finance	3	Business Finance
MKT 201	Marketing Management	3	Marketing Management			HRM 202	Organizational Behaviour	3	Human Resource Management

 

COURSE DESCRIPTION

Year 2- Semester I

HRM 201: Human Resource Management

After completing this course, the students will gain a comprehensive knowledge on theoretical and practical understanding about the functions of HRM. This course will provide thorough understanding on key concepts, functions of HRM and the role of HR practitioners at workplace. This course covers the key themes including employee resourcing, development, and retention with the focus on the achievement of organizational goals.

OPM 201: Operations Management

This course aims to provide students with a basic knowledge of manufacturing and service sector operations in business organizations.

ACF 201: Auditing & Taxation

The students are provided a basic knowledge on auditing as well as basic taxation through this course. In this course, theoretical knowledge on Auditing and practical application of tax system are covered. The major areas covered: Evolution of Auditing; Concepts of Auditing; Audit Process; Introduction to Taxation; Individual and Partnership Tax Calculation; Tax Recession and Tax Shelters; Tax Administration.

ACF 202: Management Accounting

This course aims to develop students’ understanding on the concepts used in Management Accounting. The major components of this course includes: Role and Scope of Management and Cost Accounting; Classification of Costs and Revenues; Accounting for Material, Labour and Overhead Costs; Costing Methods; Costing Techniques; Standard Costing; Budgetary Control.

MKT 201: Marketing Management

The objective of this course is to give a broad understanding of marketing management theory and practices. Major areas covered are: Defining Marketing and Marketing Management, Business orientations towards market place, Marketing Management Process, Target Marketing strategies, Marketing Mix.

 

Year 2- Semester II

OPM 202: Project Management

This course aims to provide basic knowledge on project management concepts and their applications that are required to undertake a project in a practical setup. This course uses the project life cycle as the organizational guideline and the whole process of project management, including project initiation, project planning, project implementation and project termination will be discussed.

BSM 201: Entrepreneurship

This course aims to provide students with theoretical knowledge and academic training in entrepreneurship and new venture development.  

OPM 203: Operations Research

This course is designed to provide the students with a basic knowledge on operations research and its applications to understand them the characteristics of different types of decision making environments and the appropriate decision making approaches and tools.

ACF 203: Corporate Finance

The aim of this course is to provide students a comprehensive knowledge on the basic concepts in Corporate Finance. The main areas covered in the course: An Overview of Finance; Risk and Return: Cost of Capital; Time Value of Money; Securities Valuation; Financial Environment; Capital Structure Decisions.

HRM 202: Organizational Behavior (OB)

This course intends to enhance student’s knowledge and understanding on functional and dysfunctional aspects of Organizational Behavior through understanding human behaviour at workplace and develop ways and means to cope up the challenges arising out of those behaviours. This course focuses on the analysis at three levels: individual variables, group variables, organization system level variables.

 

3^rd Year- Specialization Program in Accounting & Finance:

The students who select Accounting & Finance as their area of specialization in their third year and fourth year are expected to follow specific courses in the field of Accounting & Finance. The courses pertaining to a specialization field are compulsory once the field is selected.

 

Structure of 300 Level Program

 

Year 3- Semester I						Year 3- Semester II
Course Code	Course Title	No. of Credits	Department Responsible			Course Code	Course Title	No. of Credits	Department Responsible
ACF 301	Advanced Financial Accounting	3	Business Finance			ACF 305	Advanced Management Accounting	3	Business Finance
ACF 302	Computer Based Accounting	3	Business Finance			ACF 306	Advanced Corporate Finance	3	Business Finance
ACF 303	Financial Statement Analysis	3	Business Finance			ACF 307	Accounting Information System	3	Business Finance
ACF 304	Advanced Audit & Assurance Services	3	Business Finance			ACF 308	Banking	3	Business Finance
BSM 301*	Management Information Systems	3	Operations Management			BSM 303*	Research Methods in Business	3	Management Studies
BSM 302*	International Business	3	Operations Management			HRM 301*	Organizational Leadership	3	Human Resource Management

^* This course is a common course for all Specialization areas

 

COURSE DESCRIPTION

 

Year 3- Semester I

ACF 301: Advanced Financial Accounting

This course aims to provide students advanced knowledge on preparation and presentation of Financial Statements in accordance with relevant accounting standards, accounting concepts and techniques applicable to the selected topics in financial accounting. It covers various Business Combination including preparation and presentation of Consolidated Income statement and Consolidated Financial Positions and Accounting for subsidiaries.

ACF 302: Computer Based Accounting

This course has been designed to provide students with practical knowledge of using, handling and performing accounting applications, creating company files, recording business transactions using standard computer accounting package software in analysing and interpreting computer generated financial reports. The course includes: Application of Accounting software; Preparation of financial statements with accounting software; Financial Modelling. 

ACF 303: Financial Statement Analysis

The aim of this course is to provide students with knowledge to enable them to critically analyse financial statements for decision making. It mainly covers: Framework for financial statement analysis; Analysis tools; Business Analysis, Analyzing planning, Financing, Investing and operating activities, Cash Flow Analysis, Ratio analysis and earning management.

ACF 304: Advanced Audit & Assurance Services

This course is to enhance students’ understanding on the nature, objectives, and procedures of general audit practices, investigations and assurance services. In addition, this course will enhance students’ knowledge on technical issues and current development in auditing and ethical considerations in auditing. The following topics are covered:  The Regulatory environment of auditing; Audit strategy; Group Audits; Auditing in a computer based environment; and Assurance Engagements.

BSM 301*: Management Information System

This course is designed to provide with knowledge about management information systems and its importance to today’s management practices. Students will be able to devise a simple information system to use in their own small businesses or to work in a computer system of a large firm after their studies.

BSM 302*: International Business

This course is aimed at discussing general management and strategy in a global context. The course will provide the students with knowledge in international operations of businesses and introduce new emerging themes in international businesses. 

 

Year 3- Semester II

ACF 305: Advanced Management Accounting

This course intends to enhance students’ knowledge and understanding on the techniques, practices and issues associated with Management Accounting, with the emphasis on modern applications & current developments in those areas. It focuses mainly on:   Behavior of costs; Investment Appraisal; Advanced CVP analysis; Cost analysis for  pricing decisions; Activity Based Costing; Profit centers & Transfer pricing; Managing costs for competitiveness; Issues in budgeting and budgetary control; Advanced standard costing applications; Selected current advancements in the field of management accounting.

ACF 306: Advanced Corporate Finance

The main purpose of this course is to provide thorough knowledge relating to various the theories in corporate finance, financial management concepts and tools, financial intermediation, and financial markets. The course content includes: Portfolio Risk; Capital Asset Pricing Model; Capital Budgeting; Financing decisions & Market Efficiency; Valuing options; Risk Management.

ACF 307: Accounting Information System

This course provides the students with adequate knowledge on information processing in an accounting environment using IT knowledge.. It covers: Business entity system, Document flow charting; File Structure; Controls in computerized system; Business processes / Transaction cycles; General ledger and reporting system, ERP system, System development; System design.

ACF 308: Banking

The aim of this course is to provide students with the theoretical and practical knowledge on banking sector in Sri Lanka. The major components of this course include: An overview of the financial system in  Sri Lanka; Functions of Commercial Banks; Legal Background of banking operations; Financial statements of banks; Measuring risks and returns in banking; Asset and liability management; Bank lending; Interest margin and sensitivity management.

BSM 303*: Research Methods in Business

The aim of the course is to provide a comprehensive knowledge on preparing and presenting a research proposal. The course also covers the required in an academic research.

HRM 301*: Organizational Leadership

This course has been designed to provide an ample understanding on leadership theories, models and styles through the examination of literature and scrutinize the role of effective leadership in achieving organizational goals and objectives.

 

4^th Year- Specialization Program in Accounting & Finance:

The students who have chosen Accounting & Finance as their area of specialization in their third year should follow the compulsory courses offered by the Department in their fourth year – first semester. Management Internship and Independent research project in the field of accounting and finance are offered in the second semester of the fourth year. Students have given an opportunity to choose either management internship or Independent research project.

 

Structure of 400 Level Program

 

Year 4- Semester I						Year 4- Semester II
Course Code	Course Title	No. of Credits	Department Responsible			Course Code	Course Title	No. of Credits	Department Responsible
ACF 401*	Corporate Governance	3	Business Finance			BSM 498	Management Internship	6	Business Finance
ACF 402	Advanced Taxation	3	Business Finance			BSM 499	Independent Research Project	6	Business Finance
ACF 403	Public Sector Accounting	3	Business Finance
ACF 404	Financial Reporting	3	Business Finance
BSM 401*	Strategic Management	3	Management Studies

^* This course is a common course for all Specialization areas

 

COURSE DESCRIPTION

 

Year 4- Semester I

ACF 401*: Corporate Governance

The aims of this course are to provide adequate knowledge on the principles of Corporate Governance and corporate governance practices followed in Sri Lanka. The course contents includes: Introduction and Different theories of Corporate Governance; Corporate Governance Mechanisms; Business Ethics; The Regulatory and Institutional Framework in Sri Lanka; Corporate Governance Practices and Issues; Latest Development of Corporate Governance.

ACF 402: Advanced Taxation

This course intends to provide in-depth understanding on theoretical issues and practical aspects of corporate tax, indirect tax, and their applications It covers: Impact of taxation on business decisions; Introduction to income tax of companies; Computation of income tax of charitable institutions; Forms of tax; Tax cases on indirect tax and income tax.

ACF 403: Public Sector Accounting

This course intends to provide students with an understanding of the financial aspects of public sector activities and enhance the theoretical knowledge and skills in the field of Public Sector Management. The followings topics are covered in this course: Constitutional Provisions and Parliamentary control; Objectives and functions of the Ministry of Finance and the Treasury; Revenue and  Expenditure formats; Financial planning and Budgeting; Foreign aid accounting; Government Expenditure; Government Accounting; Delegation of financial functions; Procurement procedure; Role of the auditor general and Parliamentary selection committees.

ACF 404: Financial Reporting

This course aims to develop students’ knowledge on the framework of regulations which influence financial reporting practice in Sri Lanka. The course content includes: Financial reporting environment & International issues relating to financial reporting; Accounting for non- current assets; Accounting for taxation in Company Accounts; Accounting for financial instruments, provisions & contingencies; Reporting financial performance.

BSM 401*: Strategic Management

This Course aims to provide the students with knowledge on development of strategies for an organization and align organizational activities as per the developed strategies.

 

Year 4- Semester II

BSM 498: Management Internship

This course aims at providing students with an opportunity to expose themselves to the practical management and business environment through a semester-long training. Students are required to work in the assigned industries and maintain a diary relating to the experience they gain during the internship period. In addition, students are expected to make formal presentations of their findings to the Department and submit an internship report.

BSM 499: Independent Research Project

This component is designed to provide students an opportunity to undertake an empirical study in a chosen field. This dissertation enables students to apply their theoretical knowledge and gain an in-depth understanding of the field of study chosen. This is an optional for Management Internship program. Each student will be allocated an academic staff member to provide guidance. Students have to submit a research proposal during the beginning of the final year first semester and based on the feedback for the proposal, they will carry out the independent research throughout the second semester.