The document outlines the topics that will be covered in an online MBA induction program, including accounting, financial statements, economics, finance, business math/statistics, Excel, PowerPoint, essential grooming, and corporate communication. Key accounting topics include the accounting process, recording transactions, depreciation, and trial balances. Financial statement topics cover income statements, cash flow statements, and balance sheets. Economics topics include macroeconomics, the Indian context, and the budget. Finance topics include concepts of money, interest, time value of money, inflation, and more. Business math covers fractions, discounts, costs, averages, and probability. The program aims to provide skills in Excel, PowerPoint, grooming, writing, and presentations

1. www.learnwithflip.com
Program Outline- Online MBA Induction Program
The Young MBA Induction Pack
Chapter Topics - What will you learn?
Accounting
The Concept of Business and its Classification: A brief discussion
on the concept of a Business, and how it is structured.
Accounting Principles: An overview of key accounting principles
(Going Concern, Conservatism, Accrual etc.)
The Accounting Process: The overall flow, right from Transaction
through General Ledger and Financial Statements. Also, the Double
Entry Method.
Recording Financial Transactions: How financial transactions are
recorded; Debit and Credit entries. Concept of suspense accounts.
Depreciation: Explanation of Depreciation and Amortization.
Trial Balance: Validation of entries using Trial Balance.
Financial Statements
Profit & Loss (P&L) or Income Statement: The components -
measures of profitability and items of expense. The format of a P&L
Statement.
Cash Flow Statement: The concept of a Cash Flow Statement and its
break-down into Financing, Investing and Operational Cash Flows.
Balance Sheet: A detailed discussion on various components of a
Balance Sheet, such as Assets, Liabilities, Owner's Equity, Contingent
Assets & Liabilities etc.
Live Examples: A discussion on the Balance Sheet with a live
example
Economics
Macroeconomics: Economic Systems and Circular Flow Model,
Gross Domestic Product (GDP), Gross National Product (GNP) etc.
Macroeconomics - The Indian Context: Reserve Bank of India and
its Functions, Reserve Ratios, Policy Rates, What are FDI and FII?
Balance of Payments. The budget and its components
Finance: Basics
Concept of Money: An introduction to money, as a standardized unit
of exchange.
Concept of Interest: Simple and Compound Interest.
Compounding and CAGR: Effective Interest (Yield); CAGR & its
usage
Time Value of Money: Future Value, Present value, NPV, IRR with
illustrations & the Excel functions.
Inflation: Inflation, Nominal Rate and Real Rate.

2. Tools for Business –
Excel & PowerPoint
Excel Getting Started: Editing in Excel, Viewing options, Printing
Excel for reference.
Excel - Managing Data: Formatting Data, Find & Replace.
Excel - Calculations: Mathematical Operators, Logical Operators,
Text Operators.
Excel - Formulae: Sum, Product, Average, Sub Total.
Excel for Presentations: Different ways of Representation of Data,
Creating charts in Excel
PowerPoint for Managers: Creating good presentations, Presenting
Data, Working with Templates and Charts
Business
Maths/Statistics
Fractions, Decimals and Percentages: Used for any business
analysis
Discounts: Straight discounts, series of discounts and equivalent
single discounts: used for product pricing and devising marketing
strategies
Cost Price/Selling Price, Profit Margin – Mark up based on CP/SP:
used for product pricing and devising marketing strategies
Permutations and Combinations
Averages: Mean, Moving Average, Median, Mode: Usage across
business situations
Measures of Dispersion: Std. Deviation, Variance: Usage across
business situations, especially risk management
Correlation, Regression etc.
Probability & Probability Distributions
Essential Grooming
& Corporate
Communication
Essential Grooming: Telephone Etiquette, Personal Meeting
Corporate Communication: How to write a formal mail? How to
write a SOP, make a business presentation, - Dos’ and Don'ts.
Report Writing: How to write a report? Dos’ and Don’ts.
Contact:
Niveda UK
Educational Institutes Division
Finitiatives Learning India Pvt Ltd
niveda.uk@learnwithflip.com
www.learnwithflip.com Ph: 72047.41596