Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Business EnvironmentUnit 2: Economic Policies & ReformsUnit 3: Indian Contract Act, 1872
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Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Sale of Goods & Negotiable InstrumentsUnit 5: Company Law & Consumer Protection
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Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
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Semester 2 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 5 chapters · 32 topics
01Unit 1: Business Environment
6 topics+
- Meaning and components of business environment
- Internal and external environment
- Micro and macro environment
- PESTEL analysis
- Economic systems: capitalist, socialist, mixed
- Environmental scanning
02Unit 2: Economic Policies & Reforms
6 topics+
- New Economic Policy 1991: liberalisation, privatisation, globalisation
- Monetary policy and the RBI
- Fiscal policy and the Union Budget
- Industrial policy and FDI policy
- GST overview
- WTO and India
03Unit 3: Indian Contract Act, 1872
7 topics+
- Essentials of a valid contract
- Offer, acceptance and consideration
- Capacity to contract and free consent
- Void, voidable and illegal agreements
- Performance and discharge of contract
- Remedies for breach of contract
- Indemnity, guarantee, bailment and agency
04Unit 4: Sale of Goods & Negotiable Instruments
6 topics+
- Sale vs agreement to sell
- Conditions and warranties
- Caveat emptor
- Rights of an unpaid seller
- Promissory note, bill of exchange and cheque
- Dishonour of cheque: Section 138
05Unit 5: Company Law & Consumer Protection
7 topics+
- Companies Act 2013: types of companies
- Memorandum and articles of association
- Prospectus, directors and meetings
- One person company and LLP basics
- Consumer Protection Act 2019: rights of consumers
- Consumer commissions and CCPA
- Competition Act 2002 and IT Act basics
About this course
You will be able to
- Analyse the economic, political, social, technological and legal environment of Indian business
- Explain the effects of LPG reforms, monetary and fiscal policy on business
- Apply the essentials of a valid contract under the Indian Contract Act, 1872
- Explain the main provisions of the Sale of Goods Act and Negotiable Instruments Act
- Describe company formation and key documents under the Companies Act, 2013
- Explain consumer rights and remedies under the Consumer Protection Act, 2019
Who it is for
- MBA students of Semester 2 (AKTU) - Finance, Human Resource, Marketing specialisations
- Students preparing for AKTU exams and management entrance-level law questions
What you need
- Graduation in any discipline (MBA admission)
- Interest in current economic and business news
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Which syllabus is followed?
The AKTU (Dr. A.P.J. Abdul Kalam Technical University, Lucknow) MBA syllabus of Business Environment & Legal Aspects of Business (Semester 2). If your own university's syllabus differs, the centre follows your university syllabus and units.
Do I need a law background?
No. Every legal provision is explained in simple language with business examples and case laws asked in exams.
How will I be tested?
Unit-wise MCQ tests and a final paper at semester level, plus practice on short and long answer questions from previous university papers.
