Pharmaceutical Management: Meaning, Evolution-scientific, administrative and human relation approach. Process of management: Planning, organizing, staffing, directing, coordinating and controlling- a preliminary idea of concepts, processes and techniques. Fundamental concepts of production, financial, personal, legal and marketing functions with special reference to Pharmaceutical Management. Introduction to budgeting, costing, auditing and budgetary control. Entrepreneurship development.
Understanding Organizations: Meaning, process, types of organization structures and departments, line/staff authority, promoting organizational culture. Organizations, pharmaceutical services and functioning of hospital pharmacy, bulk drug unit, formulation unit, Ayurvedic and Unani manufacturing units and analytical testing labs etc.
Professional Management: Tasks, responsibilities and skills needed. Leadership, Styles and managing change. Decision Making; Types, procedures, evaluation and selection of alternatives, decision making under various situations. Management information and decision support systems and time management.
Personnel Management: Job analysis, recruitment, selection, orientation and training, performance appraisal and compensation. Retrenchment, lay off and discharge.
Management of Industrial Relations: Industrial disputes, settlement of disputes through various routes such as bargaining, etc. Motivational aspects, theories of motivation, group dynamics, rewards and incentives, interpersonal skills, significance of communication, its processes, measures for effective communication, conflict management. Stress management, Situational management.
Financial management : Introduction, financial planning and control, working capital management, management of fixed assets.
Accounting and Finance: Financial accounting, GAAP, cost accounting, budgetary control, valuation of inventory and assets, modern trends, role of internal auditing, internal versus external auditing, accounting control and information system. Evaluation of Investment decisions by Pay back period, accounting rate of return, net present value methods, break even analysis.
Practicals related to Pharmaceutical Management-I (General, Personnel & Finance)
1. Case studies, analysis and report preparation based on the theory.
2. Preparation of ledger and balance sheet.
Practicals related to Pharmaceutical Management-I (General, Personnel & Finance)
1. Case studies, analysis and report preparation based on the theory.
2. Preparation of ledger and balance sheet.
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