ONGC Syllabus 2024: Comprehensive Guide to Post Graduate Diploma in Business Management/Administration

Introduction: Overview of the ONGC Syllabus 2024

The ONGC syllabus for the Post Graduate Diploma in Business Management/Administration is meticulously designed to equip students with a comprehensive understanding of modern business management practices. This guide provides a detailed breakdown of the syllabus, covering various core areas such as management principles, marketing, finance, and more.

Principles and Practices of Management and Organizational Behavior

This section covers the basics of management, including definitions, scope, and the various schools of management thought, such as Behavioral, Scientific, Systems, and Contingency approaches. It also delves into management theories by F.W. Taylor, Henry Fayol, and Elton Mayo, alongside topics like managerial skills, functions, and organizational behavior models.

Management Accounting

Management Accounting focuses on key accounting concepts, including cost accounting, material costs, labor costs, overheads, and decision-making techniques like marginal costing, break-even analysis, and budgetary control. It also emphasizes the preparation of financial statements and the role of computerized accounting.

Managerial Economics

Managerial Economics involves applying economic principles to decision-making processes within a business context. Topics include demand analysis, production functions, cost of production, pricing under various market forms, and the need for government intervention in markets.

Principles of Marketing

This section introduces marketing fundamentals, covering the functions of marketing, consumer behavior, market segmentation, and the marketing mix. It also includes the development of marketing plans, organizational structures, and marketing control processes.

Marketing Management

Marketing Management delves into product management, new product development, branding, pricing strategies, distribution channels, and promotional strategies. It also covers the extended P’s of marketing, such as people, process, and physical evidence.

Financial Management

Financial Management encompasses the finance function, analysis of financial statements, capital budgeting, working capital management, and the management of profits and dividend policy. It also explores various methods of raising funds and managing capital structure.

Operations Management

Operations Management covers the nature, scope, and importance of operations management, types of industries, facilities location and layout, production planning and control, and lean production systems. It also includes discussions on maintenance management, inspection, and productivity improvement methods.

Materials & Logistics Management

This section focuses on materials management, inventory control techniques, material requirement planning, and purchasing management. It also covers logistics management, including inventory models and strategies to optimize inventory turns and reduce waste.

Information Technology

Information Technology in business management involves understanding computer hardware and software, commonly used software packages, internet operations, and the role of e-commerce in modern business environments.

Human Resources Management

Human Resources Management includes HR planning, recruitment, training and development, career planning, performance management systems, compensation management, and industrial relations. It provides a holistic view of managing human capital effectively.

Management Information Systems

Management Information Systems (MIS) are crucial for decision-making in businesses. This section covers MIS concepts, types of information systems, database management, and the role of MIS in organizational change and decision support.

Legal Aspects of Business

This section covers the legal frameworks governing business activities, including the Contract Act, Sale of Goods Act, Companies Act, Consumer Protection Act, and Information Technology Act, among others. It emphasizes the importance of understanding legal obligations and rights in business operations.

Statistical & Quantitative Techniques

This section deals with data collection and presentation, measures of central tendency and dispersion, correlation and regression, decision theory, and game theory. It is designed to equip students with the analytical tools necessary for business decision-making.

Research Methodology

Research Methodology provides insights into the research process, hypothesis formulation, research design, data collection, and analysis methods. It also includes guidance on writing research reports and the use of software tools in data analysis.

Management Control Systems

Management Control Systems focus on the evolution of control systems in organizations, responsibility centers, budgeting, transfer pricing, and performance measurement tools like ROI and EVA. It also examines the application of management controls in service and manufacturing sectors.

Integrated Marketing Communications

Integrated Marketing Communications (IMC) includes advertising, sales promotion, publicity, personal selling, and direct marketing. This section also covers event management, corporate communication, and the evaluation of marketing communication programs.

Inventory Management & Material Requirements Planning

Inventory Management involves strategies for managing inventory levels, including inventory models, safety stock determination, and materials management in a JIT environment. This section also covers Material Requirements Planning (MRP) systems and make-or-buy decisions.

Labour Laws

Labour Laws include the Factories Act, Bombay Shops and Establishments Act, Contract Labour Act, Industrial Disputes Act, and other key legislation affecting industrial relations and employee management. It is essential for understanding the legal framework governing labor relations in India.

Supply Chain & Logistics Management

Supply Chain & Logistics Management explores modern supply chain models, logistics operations, customer service, procurement, inventory management, transportation, warehousing, and global supply chain integration. It also examines the role of e-commerce in supply chain management.

Industrial Relations

Industrial Relations covers the objectives, scope, and determinants of industrial relations, trade unions, collective bargaining, workers' participation in management, and the impact of globalization on industrial relations. It is critical for managing labor relations effectively in a business context.

Economic Environment of Business & Environmental Management

This section discusses the agricultural sector, industrial policy, banking and insurance sectors, taxation, capital markets, environmental education, natural resource management, global warming, and disaster management. It emphasizes the importance of understanding the economic and environmental factors affecting business operations.