Master of Management Studies (M.M.S) Bhartiya Management Syllabus - Mumbai University 2026

Course objectives

• 1 To introduce students to the philosophical roots and tenets of Bhartiya Management through scriptures and classical texts.
• 2 To explore the relevance of Purusarthas, Yogic philosophies, and Sarvodaya for ethical and self-managed leadership.
• 3 To connect strategic insights from texts like Mahabharata, Bhagavad Gita, and Arthashastra to contemporary management practices.
• 4 To examine Indian philosophical approaches to leadership, social responsibility, governance, and sustainable development.
• 5 To enable students to apply Indian wisdom to real-life managerial contexts through case studies and reflective assignments.

Course outcomes

• CO1: Understand the management lessons from ancient Indian philosophy and texts
• CO2: Applying the contexts from Indian philosophy in management discussion
• CO3: Analysing the Indian philosophical approaches to Leadership, Sarvodaya, Satyagraha and Trusteeship
• CO4: Evaluating the impact of Indian philosophical approaches in management of self and life skills
• CO5: Formulate Bhartiya Management Thought for Management Decision making, Leadership development

Unit 1 CO1, CO2 · 5 hours

Bharatiya Management - Tenets & Relevance: A. Tenets of Bharatiya Management: The synthesis of important dimensions of Indian Culture, Indian Philosophy & Management B. Role & Relevance of Self-Management & Social development; Swami Vivekananda's Four Yoga (Bhakti, Karma, Jnana & Raja Yoga)

Unit 2 CO1, CO2, CO3 · 5 hours

Human Values Enrichment & Dimensions of Good Governance: A. Human Values Enrichment: Significance of the Theory of the Purusarthas (Dharma, Artha, Kama & Moksha) B. Good Governance approach: Bhagvad Gita's approach on Lokasamgraha & Mahatma Gandhi's emphasis on Sarvodaya.

Unit 3 CO2, CO3, CO4 · 5 hours

Management Lessons from Ancient Texts: A. Management Insights from Mahabharata - Lessons of Strategic Management from Mahabharata & Bhagwat Gita B. Management Lessons from Arthashastra C. Management Lessons from Panchatantra

Unit 4 CO4, CO5 · 5 hours

Leadership Lessons from Indian Philosophy: A. Philosophy of Yoga: Patanjali's Yoga approach on Astanga Marga B. Saptanga Model of Leadership: Reflections on Kautilya's Arthashastra C: Samkhya philosophy, ‘Guna’ concept of Indian Vedic philosophy D: Rajarshi Leadership; Indian Philosophy and Servant Leadership

Unit 5 CO4, CO5 · 5 hours

A. Focus on life Skills Management & Significance of Indian scriptures B. Indian Philosophy & context of Social Responsibility & Sustainable Development. C. Trusteeship concept of Mahatma Gandhi D. Practical Application of Indian Philosophical Principles in Business - Discussion on Case Studies

Text Books

• 1 Management by Values, by Chakraborty S K
• 2 Values of Ethics for Organization: Theory and Practice,by Chakraborty S. K.
• 3 Rajarshi Leadership, by S.K. Chakraborty & Debangshu Chakraborty

Reference Books

• 1 Leadership & Motivation: Cultural Comparisons, by Debangashu Chakraborty, S. K. Chakraborty
• 2 Spirituality in Management: Means or End? by S.K. Chakraborty, Debangshu Chakraborty
• 3 Leadership and Power: Ethical Explorations, by S. K.Chakraborty, Pradip Bhattacharya
• 4 The Arthashastra - Kautilya (translation by L N Rangarajan), Penguin Books
• 5 Indian Models of Economy, Business and Management Paperback, by Kanagasabapathi P, Third Edition, Prentice Hall India Learning Private Limited
• 6 Economic Sutra: Ancient Indian Antecedents to Economic Thought, by Satish Y Deodhar, Penguin Portfolio