Business Studies

Successful businesses shape the foundation of successful countries

Since time immemorial, daring entrepreneurs have boldly combined scarce factors of production in order to be relentlessly innovative so as to reap handsome rewards for the risks that they embrace. Even today, be it in developing or super developed economies, the role that businesses play cannot be shrugged off lightly.

The programme that is being rolled out at the RTSS is one that holds all its promises. In a nutshell, students are introduced to the hectic business world, with clear emphasis on its aims, working parameters, and pitfalls. They are also given an overview of how modern businesses need to map out as well as satisfy the conflicting objectives of various stakeholder groups.

The course is a very demanding one. It draws from such wide ranging fields like psychology, economics, finance, operations, marketing and even from the legal framework! As such, the student is exposed to a plethora of tenets which overall aim at rendering him or her multitalented so as to face the increasingly daunting global business challenges.

It is worth pointing out that business studies cannot be dispensed as theories uniquely. Indeed, they are taught how to make the most of the case study method which mirrors the whims of the real business environment. Students have to foster their ability to think creatively and to take decisions but all this with reasoned justifications.

Occasionally, we also host businessmen to share their experiences with the students who can then visualize the theories falling in place. They are additionally taken on educational tours to conduct visits in real business settings. They are also incited to participate in national programmes like the SEM investor.

Business students are also highly encouraged to indulge in group meetings, presentations and debates so as to master their communication, social, thinking and people skills which are some of the most crucial tools of any successful manager.

We therefore at the RTSS are a dedicated and committed team and will always strive to develop the potential of our `would be` businessmen/women of the future.

V.Toolsy
Acting Head Of Dept.