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FRM Course Syllabus IPDownload

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tahmidtv545
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MGN253:INDIAN ETHOS AND BUSINESS ETHICS

L:2 T:0 P:0 Credits:2

Course Outcomes: Through this course students should be able to

CO1 :: trace the evolution of business ethics and its significance in today's time

CO2 :: consider the models, approaches, and tools for analyzing and synthesizing ethical issues in
organizations and in their personal lives

CO3 :: analyze the application of ethical standards in business management

CO4 :: develop the understanding and significance of Indian ethos in contemporary business
management

CO5 :: examine the significance of management lessons from Indian heritage scriptures

CO6 :: appraise the relevance of Indian ethos in contemporary business thought and managerial
decision making

Unit I
Business ethics : values and ethics, law versus ethics, universal norms and geographically different
cultures, corporate ethics and good governance, Environment, Social and Governance (ESG), artificial
intelligence and ethics
Unit II
Moral reasoning, decision making and its application : Kohlberg moral development model,
Piaget's model of cognitive development, decision making process, resolution of ethical dilemma
Unit III
Application of ethical standards to business management : ethical issues in human resource
management, whistle blowing, sexual harassment act, 2013, ethical issues in financial scams, ethical
issues in marketing management
Unit IV
Introduction to Indian ethos : defining Indian ethos and its significance in workplace, the historical
evolution of Indian civilization, overview of major philosophical and religious traditions in India, ethics
and religion
Unit V
Management lessons from scriptures : management lessons from Indian heritage scriptures (like
Vedas, Upanishads, Mahabharta, Ramayana etc.), management lessons from Bible, management
lessons from Quran, management lessons from Kautilya’s Arthashastra
Unit VI
Contemporary relevance of Indian ethos : application of Indian ethos in addressing global
challenges, globalization and its effects on traditional Indian values and practices, techniques for
improving inner capacity –meditation, yoga, etc, theories based on Indian ethos- Indian guna theory,
OSHA model

Text Books:
1. BUSINESS ETHICS: PRINCIPLES AND PRACTICES by DANIEL ALBUQUERQUE, OXFORD
UNIVERSITY PRESS
2. INDIAN ETHOS AND BUSINESS ETHICS FOR MANAGEMENT by SUBHASH SHARMA &
RAJNEESH KHARE, NEW AGE INTERNATIONAL
References:
1. BUSINESS ETHICS AN INDIAN PERSPECTIVE by A.C FERNANDO, PEARSON

2. BUSINESS ETHICS by VELASQUEZ MANUEL, PRENTICE HALL

3. BUSINESS ETHICS AN INDIAN PERSPECTIVE by A.C FERNANDO, PEARSON

4. NEW MANTRAS IN CORPORATE CORRIDORS FROM ANCIENT ROOTS TO GLOBAL ROUTES


by SUBHASH SHARMA, NEW AGE INTERNATIONAL

Session 2023-24 Page:1/2


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