A synthesized version of Structural Equation Modelling (SEM) and its possible applications in Management problems is presented. The main contribution of the paper is its simple description of a somewhat complex statistical process for the understanding of the beginners in this domain. It acts as a initial reading in SEM, before the researchers delve into more complex exposition of the statistical technique. The description is largely in English (not statistics) and is palatable to readers not trained enough in the domain of statistics.

It will serve as a good overview of this methodology for FPM students in business schools.