MBA in Aviation Economics & Management – Semester-wise Syllabus

First Year (Core Business & Aviation Fundamentals)

Semester 1

1. Principles of Management & Organizational Behavior

   • Management theories, leadership, motivation, team dynamics

   • Case studies in aviation leadership

2. Managerial Economics

   • Micro & macroeconomics concepts

   • Demand-supply analysis, cost structures, pricing strategies in aviation

3. Accounting & Financial Management

   • Financial statements, ratio analysis, budgeting

   • Airline financial performance metrics (RASK, CASK, breakeven load factor)

4. Aviation Industry Overview

   • History, key players (airlines, airports, regulators)

   • Global trends (post-pandemic recovery, sustainability, digital transformation)

5. Quantitative Methods for Decision Making

   • Statistics, forecasting, optimization models for aviation operations

6. Business Communication & Research Methodology

   • Report writing, presentations, academic research techniques

Semester 2

1. Airline Management & Operations

   • Fleet planning, network design, scheduling

   • Hub-and-spoke vs. point-to-point models

2. Airport Management

   • Terminal design, passenger flow, ground handling

   • Revenue streams (aeronautical vs. non-aeronautical)

3. Aviation Economics

   • Cost structures (fixed vs. variable costs)

   • Yield management, dynamic pricing, demand elasticity

4. Marketing Management in Aviation

   • Branding, loyalty programs, digital marketing for airlines

   • Customer experience & service quality

5. Aviation Safety & Security Management

   • ICAO/FAA/EASA regulations

   • Risk assessment, accident investigation

6. Operations Research in Aviation

   • Linear programming, queuing theory, simulation for flight delays

Second Year (Specialization & Advanced Topics)

Semester 3

1. Airline Finance & Revenue Management

   • Fuel hedging, leasing vs. buying aircraft

   • Seat inventory control, overbooking strategies

2. Airport Economics & Privatization

   • PPP models, airport valuation, tariff regulation

   • Case studies (Delhi, Dubai, Changi airports)

3. Aviation Law & Regulatory Framework

   • Open skies agreements, bilateral treaties

   • Competition law, passenger rights (EU261, DOT regulations)

4. Sustainable Aviation & ESG

   • Carbon emissions (CORSIA, EU-ETS), SAF (Sustainable Aviation Fuel)

   • Noise pollution, green airport initiatives

5. Supply Chain & Logistics in Aviation

   • Cargo operations, MRO (Maintenance, Repair, Overhaul) management

6. Elective – I (Choose One)

   • Air Traffic Management

   • Aviation Data Analytics

   • Aviation Entrepreneurship

Semester 4

1. Strategic Management in Aviation

   • Mergers & acquisitions (e.g., Air India-Vistara)

   • Crisis management (bankruptcies, pandemics)

2. Global Aviation Policy & Geopolitics

   • Impact of trade wars, sanctions, oil price fluctuations

3. Aviation Technology & Innovation

   • AI in crew scheduling, blockchain for ticketing, IoT in MRO

4. Dissertation/Research Project

   • Industry-based research (e.g., "Impact of UDAN on Regional Connectivity")

5. Internship (Industry Immersion)

   • Airlines, airports, DGCA, consultancy firms

6. Elective – II (Choose One)

   • Airline Alliances & Partnerships

   • Human Resource Management in Aviation

   • Aviation Tourism & Hospitality

Additional Components

• Workshops & Certifications:

  • IATA courses (UATP, DGR, Fares & Pricing)

  • ICAO training modules

• Industry Visits: Airports, ATC facilities, MRO units

• Guest Lectures: CEOs, regulators, aviation economists

• Simulation Software:

  • Airline simulation (PPS, AirTOp)

  • Financial modeling (Excel, Tableau)