BME 1501 Introduction to Management

BME 1501 Introduction to Management

This is an introductory course on basic concepts, principles and theories of management. The course introduces the student to the management discipline and the manager's role. The course intends to provide theoretical and conceptual understanding about the core and peripheral functions of management with a practical orientation. The major topics include: Core Concepts of Management, Evolution of Management Thought, Managerial Decision Making Process, Process of Planning, Organising, Leading and Controlling and Management Communication Process.

BME 1502 Economics for Managers

Economic for managers covers both microeconomics and macroeconomics. Microeconomics is concerned with the analysis of economic phenomena from the perspective of the individual whereas macroeconomics is concerned with the concepts that help in understanding the aggregate economic system. This module covers the basic concepts and tools needed to undertake the analysis of economic problems that arise due to the law of scarcity. Then it expands to cover the theory of demand and supply, theories of consumer behavior, theories of production and cost and different market structures within the area of microeconomics.

The second section of this module deals with the concepts of aggregate demand and supply, national income and product measures, consumption and investment, supply side economics and its applications. Additionally the role of the government with the use of fiscal and monetary policies and exchange rate policies will be discussed. This course will also describe and analyze the factors that influence aggregate economic outcomes such as growth in national output and income, unemployment and inflation.


BME 1503 Business Mathematics and Statistics

This course focuses on an integrated treatment of basic mathematics and statistics techniques, with an emphasis on application in business and economics. This course requires a minimal knowledge of mathematics and aims to give the students the basic knowledge of each topic. Indeed the course along with logical reasoning and problem solving skills, stresses the use of arithmetic, algebra and calculus in solving problems in business related areas. The course also includes topics from statistics such as collection and representation of data, measures of central tendency, basic probability concepts and probability distributions, sampling and hypothesis testing. The objective of this course is to provide students with a sound foundation in mathematics and statistics that is required for future courses in areas such as economics, finance, operations research and operations management. At the end of this course students are expected to have a basic knowledge of principles of mathematics and statistics that are required to solve business related problems.


BME 1504 - Introduction to Information Technology

At present, majority of organizations in the world rely on information technologies. Thus, the knowledge on information technology is one of the critical factors for an employee to succeed as a professional. This is an introductory level course to information technology that provides the necessary basic level knowledge to students which is required in their career. This course covers the modules such as Introduction to Information Technology; The Internet and the World Wide Web, Software, Hardware, Communications, Networks and Safeguards; Personal Technology, Databases are in your life, The Challenges of the digital age and building systems and applications.


BME 1505 Accounting for Managers

This course deals with the basic theoretical and practical aspects of Financial Accounting and Cost and Management Accounting. It is intended to provide an understanding and knowledge in application of the concepts and techniques of Financial Accounting, Cost Accounting and Management Accounting, specially focusing on providing guidance on decision making of business entities. It mainly attempts to expose the students to the accounting process, financial statements of business entities including limited liability companies, controlling cost elements, decision making and performance management systems etc. The course finally focuses on trends in financial accounting and developments in management accounting.

BME 1506 Business Law

This course is intended to provide the students with the knowledge and understanding of the fundamental principles of Commercial Law relating to commercial sector. The basic principles of Commercial Law which are vital for day today commercial transactions are incorporated in the syllabus of this course to enable the students to acquire relevant basic legal knowledge on this subject. This course also helps students to understand other subject like Accounting as it includes leasing, hire purchase, tangible and intangible goods etc. In addition course aims to develop students’ decision making skills, to make them think logically.

Along with an introduction to the legal system in Sri Lanka this preliminary level course includes Contract law, Property Law, Delict Law, Environmental law, Intellectual Property Law, Negotiable Instruments and Company Law.


BME 1007 - Business English (Non-Credit Course)

This is a non-credit elementary course on professional communication in English. This course primarily intends to effectively develop student's knowledge and skills of English Language application in their personal as well as business life. The course contents include: Grammatical Foundation, Composition, Process of Communication, Basic Communication skills, Business Correspondence, Presentations and Business Report Writing etc.