Accounting & Economics For Business 7 November Ii

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Accounting & Economics For Business 7 November Ii

  1. 1. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS ECONOMICS FOR BUSINESS AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL
  2. 2. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS ACCOUNTING ECONOMICS FOR BUSINESS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 tkjainbkn@yahoo.co.in www.afterschool.tk, www.afterschoool.tk
  3. 3. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS SOLVE IT • A draws a bill on B for Rs 30,000 for mutual accommodation. A discounted that bill • For Rs.28,000 from bank and remitted Rs.14,000 to B. On due date A will send to B • (a) Rs. 14,000 • (b) Rs,14,500 • (C) Rs.15,000 • (d) Rs.15,500
  4. 4. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • The bill gave them 28000 out of which both of them will share equally. Both of them had to get 14000 each – and they have got it. The discount was Rs. 2000 and both have shared it equally. Thus on due date the payment of Rs. 30000 will be made by B. He already has 14000 and he will further get 15000 from A and he will add 1000 from his share. Answer.
  5. 5. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solve it • Sure Ltd. issued 5,000, 15% Debentures of Rs.100 each at a premium of Rs 10 These debentures were to be redeemed at a premium of Rs.4 each after 5 years amount to be credited to the debenture premium account will be • (a) Rs.25,000 • (b) Rs.50,000 • (C) Rs:40,000 • (d) Rs.60,000 • Solution : 5000 * 10 = 50000
  6. 6. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solve it • Mr. Big who was the holder of 200 equity shares of Rs.100 each on which Rs.75 per share has been called up could not pay his dues on allotment and first call each at Rs.25 per share. The Directors forfeited the above shares and reissued 150 of such shares to Mr. Small at Rs.65 per share paid-up as Rs.75 per share. The amount to be transferred to Capital Reserve account will be • (a) Rs.1,500. • (b) Rs. 2,250. • (c) Rs. 5,000. • (d) Nil.
  7. 7. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Amount received = 25*200 = 5000 • Discount allowed = 10 * 150 = 1500 • Remaining amount • 15*150 = 2250 • Answer.
  8. 8. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS The Board of Directors of a company decides to issue minimum number of equity shares of Rs. 10 each at 10% discount to redeem Rs.5,00,000 preference shares.Maximum amount of divisible profit available for redemption is Rs. 3 lakhs. The number of shares to be issued by the company will be ?
  9. 9. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • 5 – 3 = 2 lakhs to be collected • Total shares to be issued : • 2 lakhs / (Rs. 10 – 1) • =22222 shares to be issued at a discount of 10%. • Answer.
  10. 10. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is an indifference curve? • Suppose I can buy two goods from some money and get equal satisfaction – there is a point where I am indifferent between them – (purchasing any of these will give equal satisfaction) - A curve with collection of locus of all such points is called indifference curve. This curve can be plotted in production function also (various combination of capital and labour that give you equal production).
  11. 11. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is break even point? • The point where there is no profit no loss is called break even point
  12. 12. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS P of Faridabad sent out goods costing Rs. 45000 to Goti of Bikaner at cost + 33%,1/10th of goods were lost In transit. 2/3rd of the goods received are sold at 20% above price. The amount of sale value wilt be; • Cost of goods sold = 45000*9/10*2/3 • =27000. Print price = 27000+1/3 = 36000 • 20% above print = 36000*1.2=43200(ans).
  13. 13. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Debit balance as per Cash Book of ABC Enterprises as on 31.3.2006 is Rs. 1,500. Cheques deposited but not cleared amounts to Rs.100 and Cheqes issued but not presented of Rs.50. The bank gave interest amounting Rs.50 and collected dividend Rs. 50 on behalf of ABC Enterprises. Balance as per pass book should be
  14. 14. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • 1500 -100 +50 +50 +50 • =1550 answer.
  15. 15. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solve it • A, B and C were partners in firm sharing profits and losses in th ratio of 2:2:1 respectively with the capital balance of Rs. 50,000 for A and B, for C Rs. 25,000; C declared to retire from the firm and balance in reserve on the date was Rs. 15,000. If goodwill of the firm was valued as Rs. 30,000 and profit on revaluation was Rs. 7,050 then what amount Will be transferred to the loan account of C?
  16. 16. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Share of C • Capital 25000 • Goodwill 30000*1/5 = 6000 • Reserve = 15000*1/5 = 3000 • Revaluation profit = 7050*1/5 = 1410 • Add these = 35410 will be transferred to C’s loan account.
  17. 17. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS In the previous question question, what will A get if he retires? • Capital = 50000 • Goodwill 30000*2/5 = 12000 • Reserve = 15000*2/5 = 6000 • Revaluation profit = 7050*2/5 = 2820 • Add these = 70820 will be transferred to A’s loan account.
  18. 18. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS The total cost of goods available for sale with a company during the current year is Rs.12,00,000 and the totai sales during the period are Rs.13,00,000. if the gross profit margin of the company is 33 % on cost, the closing inventory during the current year
  19. 19. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Total sales = 13 lakhs • Cost of this sale = 13 lakh * 100/133 • =975000 • Thus closing stock is 1200000-975000 • =225000 answer.
  20. 20. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Consider the following data pertaining to Goti Ltd. for the month of March 2005: ParticularsAs on March 01, 2005 (Rs.) As Stock 1,80,000 & on March 31, 2005 (Rs.) 90,000 The company made purchases amounting Rs. 3,30,000 on credit. During the month of March 2005, the company paid a sum of Rs.3,50,000 to the suppliers. The goods are sold at 25% above the cost. The sales for the month of March 2005 were
  21. 21. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution – stock account • Opening stock 180000 • Purchase 330000 • Closing stock 90000 • Goods used in manufacture = • 420000
  22. 22. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Sale = cost of goods sold + Gross profit • 420000 + 25% • =525000 • Thus sale was Rs. 525000
  23. 23. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Bhuwanesh Audi Ltd. dealer in second-hand cars has the following five vehicles of different models [ in their stock at the end of the financial year 2004-2005: what is stock? • Cost : • Fiat 90,000 • Ambassador1,15,000 • Maruti Esteem2,75,000 • Maruti 800 1,00,000 • Zen 2,10,000 • The net realisable value were : • Fiat 95,000 • Ambassador 1,55,000 • Maruti Esteem2,65,000 • Maruti 800 1,25,000 • Zen 2,00,000
  24. 24. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • We shall take lower of cost & realisable value to compute the cost: • Fiat 90,000 • Ambassador1,15,000 • Maruti Esteem2,65,000 • Maruti 800 =1,00,000 • Zen 2,00,000 • Total stock = 770000 answer.
  25. 25. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solve it • On May 01,2003. Goti Ltd. Issued 7% 40 lakh convertible debentures of Its. 100 each at a premium of 20’ Interest is payable on September30 and March 31. esers sear. The interest runs from the date of issue, the amt. of interest expenditure debited to profit and loss Account for the year ended 2004 will be:
  26. 26. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Interest will be charged for 11 months. • 40,00,000 *11/12* 7/100 • =256666 answer.
  27. 27. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Study the production possibility curve below. X axis is for consumer goods, capital goods is denoted by Y axis.
  28. 28. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which points in PPC represent equal production? • A,B,C,D
  29. 29. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which points in PPC represent highest production? • W
  30. 30. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which points in PPC represent lowest production? • U
  31. 31. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which is the equilibrium point?
  32. 32. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Q == because this is the point, where highest indifference curve touches the budget line.
  33. 33. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS In the graph,which indifference curve shows least satisfaction?
  34. 34. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • IC 1
  35. 35. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS If a consumer’s income increases, which ICs will he touch?
  36. 36. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • The consumer will shift from IC3 to IC4 and then to IC 5.
  37. 37. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which is the budget line? What will happen, if income decreases and price of X also decreases?
  38. 38. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Budget line is YL. • The point L will not shift much. But the point Y will shift toward below and the budget line will shift below.
  39. 39. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is FII? • Foreign institutional investors • They invest money in the secondary market – in stock markets etc.
  40. 40. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is private placement? • When a company directly sells its equity to an investor, it is called private placement.
  41. 41. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is book building? • The process by which shares of a company are given support by another company is called book building. The company which undertakes book building, tries to ensure that the shares don’t fall below certain level.
  42. 42. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which is this – demand curve or supply curve?
  43. 43. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Supply curve
  44. 44. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is PPC? • Production possibility curve
  45. 45. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is labour mobility? • Labour is one of the factors of production (the other factor is capital). When the labour is able to move from one place to another, it is called labour mobility.
  46. 46. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS In the following case, there is shift in a curve, identify the reason of shift?
  47. 47. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • Supply has decreased. Answer.
  48. 48. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is basis point? • In international markets, when firms go to raise funds, they get loan at LIBOR + basis point. For example, if interest rate is LIBOR + 300 basis point, and LIBOR is 5, then the rate of interest is 5.3%. • These basis points show change from LIBOR (London Inter Bank Offered Rate).
  49. 49. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS When does the law of increasing return end?
  50. 50. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Solution • As you can see there are three stanges: • 1. increasing returns • 2. constant returns • 3. decreasing returns • The law of increasing returns ends at point N. answer.
  51. 51. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS what is GDP, and how is it measured? • GDP= Gross Domestic Product. • There are 3 ways to measure it: 3. Calculate total earnings of every one and sum it up. 4. Calculate expenses of each individual in the nation and sum it up. 5. Identify total production of goods and services in the nation by each unit and sum it up.
  52. 52. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is utility and what is its impact? • Utility is the benefit that a consumer derives from consuming some product or service. • Utility reduces with each unit of consumption • There are 2 concepts regarding utility : • 1. Cardinal utility – the utility can be measured • 2. ordinal utility – utility cannot be measured.
  53. 53. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What do you understand from diminishing marginal utility? • Utility reduces with each additional unit consumed. Thus diminishing marginal utility means the utility will reduce with each unity being consumed. • Marginal utility means the utility derived from one additional unit consumed.
  54. 54. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is the relation between demand & supply regarding factors of production Real wage, W/P Income,output, Y Pricelevel,P Income,output, Y Labor,L Labor,L W/P1 W/P2 L5 Ld (W/P ) L2 L1 Y2 Y1 Y 5 F(L) L2 L1 P2 P1 Y5 Y1 a (P 2 Pe ) Y2 Y1 1. An increase in the price level. . 3. . ..which raises employment,. . 4. . .. output,. . 5. . .. and income. 2. .. . reduces the real wag e for a g iven nominal wag e,. . 6. The ag g reg ate supply curve summarizes these chang es. ( )a Labor Demand ( )b Production Function ( )c Aggregate Supply
  55. 55. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What are the factors of production? • There are many, some of them are : 2. Labour 3. Capital 4. Technology 5. Entrepreneurship We generally take only 2 factors while doing analysis : these are 1. capital 2. labour
  56. 56. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is short run and what is long run? • Short run is the period in which we cannot increase the capacity of the plant. Long run is the period in which we can increase or decrease the capacity of the plant and also install or close a plant. • In short run only one factor can be changed – labour – other factors are constant • In long run both labour and capital can be changed. Plant capacity be altered.
  57. 57. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is bank rate ? • The rate at which the central bank ( RBI in the case of India or FED bank in the case of the USA) gives loan to other bank is called bank rate.
  58. 58. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is PLR? • Prime lending rate – it is the rate at which a bank gives loan to prime customer. Prime customer means the customer, whose economic conditions are very good and who is credit worthy.
  59. 59. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is CRR & SLR? • CRR = cash reserve ratio (it denotes the ratio of cash held by banks against the deposits) • SLR = statutary liquidity ratio (it denotes the ratio of investments in government and approved securities by the banks).
  60. 60. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Suppose the total deposits are 1 lakh crores in India – RBI reduces CRR by 1%, what will happen? • 1% of 1 lakh crore = 1000 lakh crores. Thus liquidity in the market will increase by 1000 lakh crore Rupees – as bank will be able to give more loans and will be able to give money easily. Due to ease in liquidity, the industry will benefit as it will be able to get more funds easily. However, inflation may increase due to this.
  61. 61. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Which is called banker of banks or banker of last resort? Central bank (RBI in India).
  62. 62. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is liquidity? • Availability of cash / cash equivalent is called liquidity.
  63. 63. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is sensex? • It is index of stock prices based 30 selected scrips. These 30 scrips are those which are selected on the basis of market capitalisation & business volumet. • It is presented by BSE (Bombay stock exchange).
  64. 64. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is NIFTY? • It is index of stock prices based 50 selected scrips. These 50 scrips are those which are selected on the basis of market capitalisation & business volumet. • It is presented by NSE (National stock exchange).
  65. 65. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is NPA? • Non performing assets –in banks, the major assets are loans given to companies / units / people. Some times some loans become overdue - those loans (assets) which are not performing – means not making regular payments of their outstanding amounts are called NPA. • NPA word is used for banking industry.
  66. 66. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is CAC? • Capital Account Convertibility. • When foreign exchange is converted into capital account freely even in capital account, it is called capital account convertibility. • Capital account here mean money raised for capital projects / investment purpose etc.
  67. 67. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is LC? • Letter of credit, = when a bank gives loan against export documentation, it is called LC. For example, if you export some goods, the buyer send you acceptance of the bill and the bank of the buyer gives guarantee, then your bank can give you loan agains these documents. This is called LC.
  68. 68. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is packing credit? • When you have received an order from an importer for some goods and you want to make goods as per the order, then you may take packing credit from the banks. In packing credit the bank gives you loan for purchasing raw material, and other working capital expenses. It is given for period till exports are sent – later LC is given.
  69. 69. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is forex reserves? • Foreign exchange reserves of a country is called forex reserve. • It will increase in following cases : If FDI will increase, FII will invest more money and exports will increase, increase of tourists to your country, repatriation of money by NRIs (non residents Indians),
  70. 70. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is IRS? • INTEREST RATE SWAP • Banks use these instruments to minimise their risks.
  71. 71. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is ALM? • Asset liability management – banks try to match the cash flows of cash inflow and cash outflow through ALM. They try to match their assets and liabilities. • Banks’s assets are its loans • Bank’s liabilities are its deposits • Matching them is called ALM.
  72. 72. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is hedging? • When banks use various instruments like swaps, options etc. to reduce their risk exposure it is called hedging.
  73. 73. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What FCD? • Fully convertible debentures.
  74. 74. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is market capitalisation? • No. of shares multiplied to the market price per share. • For example, the share of reliance is quoted at Rs. 1250. suppose there are 100 shares in the market. The market capitalisation is 125000.
  75. 75. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What do you understand from reverse mortgage? • In mortgage, a person goes to bank and puts his land / building as mortgage to obtain loans (humge amount simultaneously) from bank and then he used to repay it in long time. In reverse mortgage, the bank gives land / building to the other person and gives money also on monthly basis and takes back the land / building after long time. (many old age persons are resorting to this option for maintaining their living)
  76. 76. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS What is microfinance? • Raising small deposits (let us say Rs. 10 per month) – pooling this money together and Giving loan in very small amount (let us say Rs. 2000) so that a person may start a micro-enterprise – and can become self dependent. It is very successful business model –as has been proved by Gramin Bank and SEWA.
  77. 77. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS ABOUT AFTERSCHO☺OL Afterschoool conducts three year integrated PGPSE (after class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.
  78. 78. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Why such a programme? • To promote people to take up entrepreneurship and help develop the society • To enable people to take up franchising and other such options to start a business / social development project • To enable people to take up social development as their mission • To enable people to promote spirituality and positive thinking in the world
  79. 79. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Who are our supporters? • Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us. • You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.
  80. 80. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS About AFTERSCHO☺OL PGPSE – the best programme for developing great entrepreneurs • Most flexible, adaptive but rigorous programme • Available in distance learning mode • Case study focused- latest cases • Industry oriented practical curriculum • Designed to make you entrepreneurs – not just an employee • Option to take up part time job – so earn while you learn • The only absolutely free course on internet
  81. 81. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Workshops from AFTERSCHO☺OL • IIF, Delhi • CIPS, Jaipur • ICSI Hyderabad Branch • Gyan Vihar, Jaipur • Apex Institute of Management, Jaipur • Aravali Institute of Management, Jodhpur • Xavier Institute of Management, Bhubaneshwar • Pacific Institute, Udaipur • Engineering College, Hyderabad
  82. 82. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Flexible Specialisations: • Spiritualising business and society • Rural development and transformation • HRD and Education, Social Development • NGO and voluntary work • Investment analysis,microfinance and inclusion • Retail sector, BPO, KPO • Accounting & Information system (with CA / CS /CMA) • Hospital management and Health care • Hospitality sector and culture and heritage • Other sectors of high growth, high technology and social relevance
  83. 83. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Salient features: • The only programme of its kind (in the whole world) • No publicity and low profile course • For those who want to achieve success in life – not just a degree • Flexible – you may stay for a month and continue the rest of the education by distance mode. / you may attend weekend classes • Scholarships for those from poor economic background • Latest and constantly changing curriculum – keeping pace with the time • Placement for those who are interested • Admissions open throughout the year • Latest and most advanced technologies, books and study material
  84. 84. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Components • Pedagogy curriculum and approach based on IIM Ahmedabad and ISB Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad) • Meditation, spiritualisation, and self development • EsGotitial softwares for business • Business plan, Research projects • Participation in conferences / seminars • Workshops on leadership, team building etc. • Written submissions of research projects/articles / papers • Interview of entrepreneurs, writing biographies of entrepreneurs • Editing of journals / newsletters • Consultancy / research projects • Assignments, communication skill workshops • Participation in conferences and seminars • Group discussions, mock interviews, self development diaryng • Mind Power Training & writing workshop (by Dr. T.K.Jain)
  85. 85. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Pedagogy • Case analysis, • Articles from Harvard Business Review • Quiz, seminars, workshops, games, • Visits to entrepreneurs and industrial visits • PreGotitations, Latest audio-visuals • Group discussions and group projects • Periodic self assessment • Mentoring and counselling • Study exchange programme (with institutions out of India) • Rural development / Social welfare projects
  86. 86. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Branches • AFTERSCHO☺OL will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.
  87. 87. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Case Studies • We want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.
  88. 88. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS Basic values at AFTERSCHO☺OL • Share to learn more • Interact to develop yourself • Fear is your worst enemy • Make mistakes to learn • Study & discuss in a group • Criticism is the healthy route to mutual support and help • Ask fundamental questions : why, when, how & where? • Embrace change – and compete with yourself only
  89. 89. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS www.afterschoool.tk social entrepreneurship for better society

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