Executive MBA Criteria Update
Executive MBA Criteria Update
1
Appendix-I
1. Department Mission
We aim to produce ethical business graduates with the right attitude who are ready to
enter the market with the relevant Knowledge, Skills, Abilities (KSAs). To
accomplish this, we aim to create market-driven curricula and generate relevant
business research to foster academia-industry linkages by involving all the
stakeholders and promoting an enterprising culture of excellence.
2. Introduction
Institute of Business Administration traces its history back to 1972 when it was
established as a department. Later on, in 1987, the department was upgraded to the
status of Institute. This was a great milestone in the history of the University, as IBA
was the second Institute in Pakistan where Business Administration was taught. The
Institute was shifted to its existing building in 1994.
Over the years, IBA has earned national and international repute for its teaching and
research. It has been honoured with “Innovation Leadership Award” in the 2nd Asia’s
Best Business School Awards 2011 in Singapore. Continuous improvement of courses
helps the Institute to anticipate and reflect business trends. Emphasis on projects and
team work makes learning a challenging and stimulating experience and develops the
personal initiative and communication skills, which are in such high demand with
today’s employers.
3. Program Introduction
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As per revised Business Education Roadmap, the eligibility criteria for Executive
MBA (EMBA) shall be 16 years of education (instead of 14 years) with 3 years of
professional experience. The program shall comprise a minimum of 60-66 credit
hours. The program shall be equivalent to 18 years of education.
This program is going to replace 2-yearsMBA Evening (16 years) with EMBA (18
years) as per direction of Higher Education Commission, Islamabad. This degree
program provides in-service students with an opportunity to understand and acquire
business management, leadership and decision making skills needed for today's
dynamic business environment.
4. Program Objectives
The objectives of the two years program are to meet the needs of the society for
managerial talent by:
In order to cater to the growing needs of the corporate sector, Institute of Business
Administration (IBA), being the business school in the largest public sector university
in Pakistan, aims to tap this opportunity to meet the emerging market needs. This
program attempts to nurture future business leaders through a rigorous training of
managerial skills, ethics and critical thinking and intends to offer insights on the socio-
economic dimensions of business in Pakistan with knowledge of modern management
philosophy.
The students who are enrolled in the evening programme are generally those who
already hold a reasonable place in the business world and in the society. The
developmental process will continue during education through interaction with faculty
members and sharing knowledge with each other.
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The development of the students will open different avenues for growth. The students
will be able to explore various professional opportunities that exist in the field of
business administration. The development process at the institute will sharpen the
cognitive skills, and moral and ideological values of the participants. Nonetheless, the
visionary objectives to develop the students include the strengthening of love for their
country and to become good citizen.
b) Potential Employers
c) Academic Projections
d) Faculty.
The institute has currently eighteen faculty members. Out of which, ten faculty
members are PhD degree holders and remaining are [Link]/MS or pursuing their
PhD. They are regularly publishing research papers in well reputed national and
international journals.
e) Physical Facilities
Two floors Library with 21000 books in hard and thousands in soft form on
different subjects relevant to business administration, nine daily newspapers
(Urdu and English), and different magazines.
Two state-of-the-art computers lab with 170 computers
Two common rooms for girls
Heating/cooling system in classroom/seminar rooms
12 Seminar rooms with state of the art facilities like white board, multimedia
projector etc.
Cafeteria
Faculty Rooms
.
6. Admission Eligibility Criteria
The Executive MBA program according to the revised HEC roadmap is equivalent to
18 years of education. Therefore, the merit criteria shall be the same as notified by
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the University of the Punjab for admission to the programs involving 18 years of
education as given below:-
Graduates from universities other than University of the Punjab, Lahore should attach
NOC and Equivalence certificate.
5
1. Core Courses (36 credit hours)
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Course Prerequis
# Code Course Title Credit hours
Type ite
3. EMBA 508 Financial Management 1 Core 3
4. EMBA 509 Cost Accounting Core 3
5 EMBA 510 Marketing Management Core 3
Total Credit Hours 15
Semester III
EMBA 601 Behavioral Sciences for Elective
1. 3
Management
2. EMBA 602 Entrepreneurship Elective 3
3. EMBA 603 Financial Management II Core 3
4. EMBA 604 Operation Management Elective 3
Specialization Course I Speciali
5. - 3
(To be offered from the pool) zation
Specialization Course II Speciali
6. - 3
(To be offered from the pool) zation
Total Credit Hours 18
Semester IV
EMBA 605 Corporate Law & Business Elective
1. 3
Ethics
2. EMBA 606 Managerial Economics Core 3
3. EMBA607 Strategic Management Elective 3
4. EMBA 608 Business Research Methods Core 3
Specialization Course III Speciali
5. - 3
(To be offered from the pool) zation
Specialization Course IV Speciali
6. - 3
(To be offered from the pool) zation
Total Credit Hours 18
Total Credit Hours of Executive MBA program 66
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List of Marketing Specialization courses
Code Course Name
EMBA 641 Advertising
EMBA 642 Brand Management
EMBA 643 Consumer Behavior
EMBA 644 International Marketing
EMBA 645 Marketing Research
EMBA 646 Retail Marketing
EMBA 647 Sales Management
EMBA 648 Seminar in Marketing
EMBA 649 Service Marketing
EMBA 650 Social Media Marketing
EMBA 651 Supply Chain Management
Not applicable.
12. Faculty Strength
Degree Area/Specialization Total
1. Business Management/Administration.
PhD 2. Management 10
3. Economics
1. Business Administration
2. Management
MS/MPhil 8
3. Computer Sciences
4. Banking &Financial Economics
Total 18
13. Present Student Teacher Ratio in the Department
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Currently student teacher ratio in the institute 24:1
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Annex-I
Core/Elective Courses
for Executive MBA
10
Name of the Essential of Management
course
Course Code EMBA 501
Semester 1st
Credit Hours 3
Prerequisite -
Learning On completion of this course, the students will be able to:
outcomes 1. Understand fundamental concepts and principles of management,
including the basic roles, skills, and functions of managers;
2. Get detail informationabout historical development, theoretical aspects
and practical application of managerial process;
3. Familiar with interactions between the environment, technology,
human resources, and organizations in order to achieve high
performance;
4. Aware of the ethical dilemmas faced by managers and the social
responsibilities of business.
Contents Unit-1 Introduction to Management and Organizations
1.1 Who are managers?
1.2 What is management?
1.3 What do managers do?
1.4 What is an organization?
1.5 Why study management?
Unit-2 Management yesterday and today
2.1 Historical background of management
2.2 Managing in the new Era
2.3 The Internet, Globalization, Knowledge Management
Unit-3 Organizational culture and the Environment
3.1 The manager: Omnipotent or Symbolic
3.2 The organization’s culture
3.3 Current Organizational Culture issues facing managers
3.4 The environment
3.5 The decision-making process
3.6 The manager as decision maker
3.7 Decision making for today’s world
Unit-4 Foundations of Planning
4.1 What is planning?
4.2 Why do managers plan?
4.3 How do managers plan?
4.4 Establishing goals and developing plans
Unit-5 Strategic Management
5.1 Strategic management process
5.2 Types of organizational strategies
5.3 Strategic management in today’s environment
Unit-6 Planning tools and techniques
6.1 Techniques for assessing the environment
6.2 Techniques for allocating resources
6.3 Contemporary planning techniques
6.4 Defining organizational structure
6.5 Organizational design decisions
6.6 Common organizational designs
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Unit-7 Communication and Information Technology
7.1 Understanding communication
7.2 The process of interpersonal communication
7.3 Organizational communication
7.4 Understanding IT
7.5 Communication issues in today’s organizations
Unit-8 Human Resource Management
8.1 The HRM process
8.2 HR planning
8.3 Employee performance management;
Compensation/Benefits; Career development
8.4 Current issues in HRM
Unit-9 Foundations of Behaviour
9.1 Why look at individual behavior?
9.2 Attitudes
9.3 Personality
9.4 Perception
9.5 Learning
Unit-10 Motivating Employees
10.1 What is motivation?
10.2 Early theories of motivation
10.3 Contemporary theories of motivation
10.4 Current issues in motivation
Unit-11 Leadership
11.1 Managers versus leaders
11.2 Early leadership theories
11.3 Contingency theories of leadership
11.4 Issues in 21st century
Unit-12 Foundations of Control
12.1 What is control and why is it important?
12.2 The control process
12.3 Controlling for organizational performance
12.4 Tools for controlling organizational performance
12.5 Contemporary issues in control
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Koontz, H. (2010). Essentials of management. Tata McGraw-Hill.
Readings Robbins, S. P., & Coulter, M. (2018). Management (15th ed.). Pearson.
Weihrich, H., & Koontz, H. (2014). Management: A global perspective
(14th ed.). Tata McGraw-Hill.
12
Sr. # Elements Weightage Details
1 Midterm Assessment 35% Written test (at the mid-point of the semester)
2 Formative Assessment 25% Assignment, presentation and quiz
3 Final Assessment 40% Written test (at the end of the semester)
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Unit-5 TheAdjusting and Closing Entries
5.1 Need for Adjusting Entries
5.2 Recording adjustingentries
5.3 Preparing adjusted trial balance
5.4 Recording closing entries
5.5 Preparing post-closing trial balance
5.6 Preparing work-sheet
5.7 Preparation of Financial Statements
Unit-6 Accounting for Trading Organization
6.1 The Purchase Function
6.2 Accounting for Purchases and Sales
6.3 Return and allowances
6,4 Periodic System
6.5 Perpetual System
6.6 Worksheet
6.7 Preparation of financial Statements
6.8 Departmental Accounts
Unit-7 Accounting Systems
7.1 Developing a System
7.2 Subsidiary Journals
7.3 Subsidiary ledgers
7.4 Cash Book
7.5 Petty cash book
7.6 Control Accounts
Unit-8 Cash and Temporary Investment
8.1 Nature and Composition of Cash
8.2 Cash Management and Control
8.3 Maintaining Bank Account
8.4 Bank Reconciliation
8.5 Short term investments
Unit-9 Accounting for Debtors and Stock
9.1 Accounting Treatment of Bad Debts
9.2 Direct Write-Off Method
9.3 Aging Schedule
9.4 Percentage of Sales Method
9.5 Recoveries of Bad debts
9.6 Stock
9.7 Measurement of Stock Quantity
9.8 Measurement of Stock Cost
9.9 Perpetual Stock System
9.10 Periodic Stock System
Unit-10 Accounting for Property, plant and Equipment
10.1 Property, Plant and Equipment
10.2 Lump-sum purchase
10.3 Subsequent expenditure
10.4 Depreciation methods
10.5 Revaluation
10.6 Review of useful life
10.7 Intangible assets and amortization
10.8 Wasting assets and depletion
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Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Bettner, M., Williams, J., Haka, S., &Carcello, J. (2014). Financial &
Readings managerial accounting. Tata McGraw-Hill.
Khan, A. (1999). Financial accounting: Managerial [Link]
Publishers.
Williams, J. R., Haka, S. F., Bettner, M. S., &Carcello, J. V.
(2017). Financial and managerial accounting. McGraw-Hill.
Wood, F., & Sangster, A. (2018). Frank Wood's business accounting
(12th ed., Vol. 1). Pearson Education
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Unit-3 Model of Consumer Behavior
Unit-4 Characteristics Affecting Consumer Behavior
Unit-5 The Buyer Decision Process
Unit-6 The Buyer Decision Process
6.1 The Buyer Decision Process
6.2 Market Segmentation
6.3 Market Targeting
Unit-7 Differentiation and Positioning
Unit-8 Product, Services, and Branding Strategies
8.1 What is a Product?
8.2 Product and Service Decision
8.3 Branding Strategy
8.4 Services Marketing
Unit-9 New-Product Development and Product Life-Cycle
Strategies
9.1 New Product Development Strategy
9.2 Managing New Product Development Process
9.3 Product Life-Cycle Strategies
Unit-10 Pricing Strategies
10.1 New-Product Pricing Strategies
10.2 Product Mix Pricing Strategies
10.3 Price Adjustment Strategies
10.4 Price Changes
Unit-11 Retailing and Wholesaling
11.1 Retailing
11.2 Wholesaling
Unit-12 Advertising, Sales Promotion, And Public Relations
12.1 Advertising
12.2 Sales Promotion
12.3 Public Relations
Unit-13 Personal Selling and Direct Marketing
13.1 Personal Selling
13.2 Managing Sales Force
13.3 The New Direct Marketing Model
13.4 Growth and Benefits of Direct Marketing
13.5 Customer Databases and Direct Marketing
13.6 Forms of Direct Marketing
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Armstrong, G. M., Kotler, P., Harker, M., & Brennan, R.
Readings (2018). Marketing: An introduction. Pearson.
Kotler, P. (2019). A framework for marketing management (6th ed.).
Pearson.
Kotler, P., Armstrong, G., Haque, E., &Agnihotri, Y. (2010). Principles of
marketing: A South Asian perspective (13th ed.). Pearson.
16
Assessment and Examinations
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2.3.1 Law of Variable Proportions
2.3.2 Traditional theory of costs, average, marginal
and total costs
2.3.3 Long run average cost
2.4 Market Structures
2.4.1 Perfect competition: Price and output
determination in the short and long run
2.4.2 Monopoly: Price and output determination in
the short and long run, Price discrimination
2.4.3 Monopolistic Competition: Price and output
determination in the short and long run
2.5 Economics of public sectors
2.6 Economic of labor markets
Unit-3 Macroeconomics
3.1 Introduction to macroeconomics
3.1.1 Objectives and instruments of macroeconomics.
3.1.2 Tools of macroeconomics policy.
3.1.3 Aggregate demand and supply.
3.2 Keynesian Macroeconomics
3.2.1Consumption function, Fundamental
Psychological law, Saving function,
MPC, APC, MPS & APS
3.2.2 Keynesian theory of income and employment
3.2.3 Inflationary and deflationary gap
3.3 Measuring Economic Activity
3.3.1 Concepts of National Income.
3.3.1 Measurement of National Income. GDP, NDP,
GNP &NNP, Personal Income & Disposable
Personal Income
3.3.3 GDP Deflator and a real GDP
3.3.4 National income as a measure of economic
welfare
3.4 Consumption and Investment
3.4.1 Consumption, income and saving.
3.4.2 Consumption Function.
3.4.3 Saving Function.
3.4.4 The Marginal Propensity to Consume and
Average Propensity to consume
3.4.5 The Marginal Propensity to save and average
propensity to save
3.4.6 Determinants of consumption
3.4.7 Determinants of Investment (Rate of interest,
MEC), Income and Employment Determination
3.5 Fiscal and monetary policies
3.6 Inflation
3.7 Business cycle
3.8 International trade
3.9 Balance of Payments
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
18
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Blanchard, O. (2018), Macroeconomics (6th ed.). Prentice Hall.
Readings McConnell, C. R., Brue, S. L., & Flynn, S. M. (2013). Macroeconomics:
Brief Edition. McGraw-Hill.
McConnell, C. R., Brue, S. L., & Flynn, S. M. (2018). Macroeconomics.
(21sted). McGraw-Hill.
Pindyck, R. S., Rubinfeld, D. L. (2017) Microeconomics (8th ed.).
Prentice Hall.
Rizavi, S.S. (2017). Introduction to economics. Syed Mobin& Co.
Samuelson, P. A., &Nordhaus, W. D. (2010). Economics (19th ed.).
McGraw-Hill.
Varian, H. R. (2014). Intermediate microeconomics: A modern
approach. WW Norton & Company.
19
3.3 Linear programming models
3.4 Solving algebraically
Unit-4 Functions I
4.1 Definitions,
4.2 Polynomials
4.3 Inequalities, sign diagrams, applications
Unit-5 Functions II
5.1 Geometric properties (increasing/decreasing, concave /
convex),
5.2 Shifting graphs
5.3 Inverse functions,
Unit-6 Differentiation I
Difference quotient, rules of differentiation
Unit-7 Differentiation II
Optimization (with one independent variable), second derivative
Unit-8 Economic Applications of Functions and Derivatives
Total, average, marginal costs, relationships between cost
functions, revenue functions, profit maximization
Unit-9 Economic Applications II
9.1 Integration
9.2 Indefinite, definite, economic applications
Unit-10 Introduction to Statistics & Data Collection
10.1 Understanding data types and summarizing as well
10.2 Types of variables: quantitative, categorical, nominal,
ordinal & Exercises
Unit-11 Presenting Data in Tables and Charts
11.1 Tables and graphs for categorical variables
11.2 Summary table, bar charts, pie charts, pareto
chart,exercises, table and graph for bi-variate
categorical variables, exercises
11.3 Organizing numerical data
11.4 Ordered array, stem n leaf display, Exercises
Unit-12 Table and Charts for Numerical Data
12.1 The Frequency Distribution, relative frequency
distribution and percentage distribution, cumulative
distribution, histograms, polygon, cumulative
percentage polygon.
12.2 Table and graph for bi-variate numerical variables.
12.3 Contingency table, scatter plots and time series plot.
12.4 Measures of central tendency
12.5 Numerical descriptive measure for population
12.6 Quartiles and box plots
12.7 Covariance and coefficient of correlation
12.8 Basic probability concepts
12.9 Discrete Probability Distribution
12.10 Variance and standard deviation
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
20
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Chaudhry, S.M., & Kamal, S. (2010) Introduction to statistical theory
Readings (Part I). IlmiKitabKhana.
Keller, G. (2015). Statistics for management and economics:
Abbreviated. Cengage Learning.
Spiegel, M. R., & Stephens, L.J. (1984) Statistics. McGraw Hill Book
Company.
Thomas, G. B., Weir, M. D., Hass, J., Giordano, F. R., &Korkmaz, R.
(2010). Thomas' calculus. Pearson.
Walpole, R. E. (1981). Introduction to statistics (2nd ed.). Little Brown
& Company
22
Assessment and Examinations
23
7.3 Factors of career growth
Unit-8 Compensation
8.1 Compensation management
8.2 Types of compensation
Unit-9 Rewards
9.1 Types of rewards
9.2 Rewarding performance
9.3 Pay for performance
Unit-10 Benefits
10.1 Benefits administration
10.2 Types of benefits
10.3 Pay equity
10.4 Pay dissatisfaction model
10.5 Employee and labor relations
10.6 Employee health and safety
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Byars, L. L., & Rue, L. W. (2008). Human resource management (9th ed.).
Readings McGraw-Hill Irwin.
Dessler, G., &Varkkey, B. (2018). Human resource management (15th
ed.). Pearson.
Ren, S., Tang, G., & Jackson, S. E. (2018). Green human resource
management research in emergence: A review and future
directions. Asia Pacific Journal of Management. 35(3), 769-803.
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outcomes 1. Explain the role and purpose of financial management
2. Evaluate the overall management of working capital
3. Assess appropriate sources of finance for particular situations
Contents Unit-1 Role of Financial Management
1.1 What is financial management
1.2 Functions of financial manager
1.3 Financial institutions and markets
1.4 Goal of the firm
1.5 Agency issues
Unit-2 The Time Value of Money
2.1 Role of time value in finance
2.2 Simple and compound interest
2.3 Present and future value of single amounts
2.4 Types of annuities
2.4 Present and future value of ordinary annuity
2.5 Present and future value of annuity due
2.6 Present value of perpetuity
2.7 Compounding more than annually
2.8 Continuous compounding
2.9 Nominal and effective annual rates of interest
2.10 Loan amortization
2.11 Sinking funds
Unit-3 The Valuation of Long-Term Securities
3.1 Basic valuation model
3.2 Bond valuation: bond fundamentals, valuation model,
yield to maturity
3.3 Preferred stock valuation: features of preferred stock,
valuation model
3.4 Common stock valuation: features of common stock,
three valuation models
Unit-4 Financial Statement Analysis
4.1 Four key financial statements
4.2 Trend analysis of balance sheet and income statement
4.3 Common size analysis of balance sheet and income
statement
4.4 Ratio analysis of balance sheet and income statement
4.4 Liquidity ratios, activity ratios, debt ratios, profitability
ratios and market ratios
4.5 Complete ratio analysis
Unit-5 Funds Analysis, Cash-Flow Analysis, and Financial
Planning
5.1 Operating cash flows
5.2 Investing cash flows
5.3 Financing cash flows
5.4 Classification of an item as operating, investing or
financing cash flow
5.5 Computation and interpretation of statement of cash
flows using direct and indirect method
Unit-6 Risk and Return
6.1 Stand Alone Risk
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6.2 The Trade Off between Risk and Return
6.3 Risk in a Portfolio Context
6.4 The Relationship between Risk and Rates of Return
6.5 Physical Assets versus Securities
6.6 Some Concerns about Beta and the CAMP
6.7 Volatility Versus Risk
6.8 Calculate component cost of debt
6.9 Calculate component cost of preferred stock
6.10 Calculate component cost of common stock
6.11 Calculate the weighted average cost of capital
Unit-7 Capital Budgeting and Estimating Cash Flows
7.1 Capital budgeting decision process
7.2 Relevant cash flows
7.3 Finding initial investment
7.4 Finding the operating cash flows
7.5 Finding the terminal cash flows
Unit-8 Capital Budgeting Techniques
8.1 Capital budgeting techniques
8.2 Payback period
8.3 Net Present Value
8.4 Internal Rate of Return
8.5 Profitability Index
8.6 Comparing the techniques and project evaluation
8.7 Breakeven analysis
Unit-9 Operating and Financial Leverage
9.1 Operating leverage, financial leverage and total
leverage
Unit-10 Overview of Working Capital Management
10.1 The firm’s capital structure
10.2 EBIT-EPS approach to capital structure
10.3 Choosing the optimal capital structure
10.4 Net working capital fundamentals
10.5 Calculating and interpreting the cash conversion cycle
10.6 Strategies for managing cash conversion cycle
Unit-11 Cash and Marketable Securities Management
11.1 Cash Management
11.2 The Cash Budget
11.3 Cash Management Techniques
11.4 Marketable Securities
Unit-12 Accounts Receivable and Inventory Management
12.1 Inventory management: common techniques for
managing inventories
12.2 Accounts Receivable management: credit selection,
credit terms and credit monitoring
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
26
Suggested Block, S. B., Hirt, G. A., &Danielsen, B. R. (2014). Foundations of
Readings financial management. McGraw-Hill Education.
Brealey, R. A., Myers, S. C., & Marcus, A. J. (2012). Fundamentals of
corporate finance. McGraw-Hill.
Brigham, E. F., &Ehrhardt, M. C. (2013). Financial management: Theory
& practice. Cengage Learning.
Gitman, L. J., &Zutter, C. J. (2017). Principles of managerial finance (13th
ed.). Pearson.
Gitman, L. J., Juchau, R., & Flanagan, J. (2015). Principles of managerial
finance. Pearson Higher Education.
Van Horne, J. C., &Wachowicz, J. M. (2012). Fundamentals of financial
management. Prentice Hall International.
29
McCarthy, E. J. (1960). Basic marketing: A managerial approach.
Homewood, Illinois.
Perreault, W. D., & McCarthy, E. J. (2002). Basic marketing: A global
managerial approach. McGraw-Hill.
Sheth, J. N., & Garrett, D. E. (2016). Marketing management: A
comprehensive reader. South-Western.
William, J. S., &Futrell, C. (1994). Fundamentals of marketing (10th ed.).
McGraw Hill.
31
7. Determine formulas for the problems of small enterprises.
Contents Unit-1 Entrepreneurship: An Evolving Concept
1.1 Entrepreneurship–A perspective
1.2 Emerging Trends: The Internet and E-Commerce
1.3 Entrepreneurial Opportunities
1.4 The evolution of Entrepreneurship
1.5 The myths & approaches to entrepreneurship
Unit-2 Understanding Strategic Issues in Business Plan
Development
2.1 Comparative analysis entrepreneurship in other
countries
2.2 Strategic Objectives
2.3 Competitor Analysis
2.4 STP Strategies
2.5 Marketing Mix Strategies
Unit-3 Understanding the Entrepreneurial Perspective in
Individuals
3.1 The Entrepreneurial Perspective
3.2 The Dark Side of Entrepreneurship
3.3 Entrepreneurial Motivation
3.4 Entrepreneurial Perspective in Organizations
3.5 Corporate Entrepreneurship
3.6 Social Entrepreneurship and the Ethical Challenges of
Entrepreneurship
Unit-4 Innovation: The Creative Pursuit of Ideas
4.1 Opportunity Identification: The search for New Ideas
4.2 Entrepreneurial Imagination and Creativity
4.3 The role of Creative Thinking
4.4 Arenas in Which People Are Creative
4.5 Innovation and the Entrepreneur
4.6 The Innovation Process
Unit-5 Pathways to Entrepreneurial Ventures
5.1 The Pathways to New Ventures for Entrepreneurs
5.2 Creating New Ventures
5.3 Acquiring an Established Entrepreneurial Venture
5.4 Franchising: The Hybrid
Unit-6 Legal Challenges for Entrepreneurial Ventures
6.1 Legal Challenges for the Entrepreneurial Venture
6.2 Intellectual Property Protection: Patents, Copyrights,
and Trademarks
6.3 Identifying Legal Structures for Entrepreneurial
Ventures
6.4 Sole Proprietorships
6.5 Partnerships
6.6 Corporations
6.7 Specific Forms of Partnerships and Corporations
6.8 Understanding Bankruptcy
Unit-7 Sources of Capital for Entrepreneurial Ventures
7.1 The Entrepreneur’s Search for Capital
7.2 Debt Versus Equity
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7.3 The Venture Capital Market
7.4 Informal Risk Capital: “Angel” Financing
Unit-8 Assessment of Entrepreneurial Plan
81 The Challenge of New - Venture Start-Ups
8.2 Pitfalls in Selecting New Ventures
8.3 Critical Factors for New-Venture Development
8.4 Why New Ventures Fail
8.5 The Evaluation Process
Unit-9 Marketing Challenges for Entrepreneurial Ventures
9.1 The Marketing Concept for Entrepreneurs
9.2 Marketing Research
9.3 Inhibitors to Marketing Research
9.4 Internet Marketing
9.5 Developing the Marketing Concept
9.6 Developing a Marketing Plan
9.7 Pricing Strategies
Unit-10 Financial Preparation for Entrepreneurial Ventures
10.1 The Importance of Financial Information for
Entrepreneurs
10.2 Understanding the Key Financial Statements
10.3 Preparing Financial Budgets
10.4 Pro Forma Statements
10.5 Capital Budgeting
10.6 Break-Even Analysis
10.7 Ratio Analysis
Unit-11 Developing an Effective Business Plan
11.1 What is a Business Plan?
11.2 Pitfalls to Avoid in Planning
11.3 Benefits of a Business Plan
11.4 Developing a Well - Conceived Business Plan
11.5 Elements of a Business Plan
11.6 Updating the Business Plan
11.7 Presentation of the Business Plan: The “Pitch”
Unit-12 Strategic Entrepreneurial Growth
12.1 The Nature of Strategic Planning in Emerging Firms
12.2 Strategic Planning
12.3 The Lack of Strategic Planning
12.4 The Value of Strategic Planning
12.5 Managing Entrepreneurial Growth
12.6 Venture Development Stages
12.7 The Entrepreneurial Company in the Twenty-First
Century
12.8 Building the Adaptive Firm
12.9 The Transition from an Entrepreneurial Style to a
Managerial Approach
12.10 Understanding the Growth Stage
12.11 Unique Managerial Concerns of Growing Ventures
12.12 The International Environment: Global Opportunities
12.13 Achieving Entrepreneurial Leadership in the New
Millennium
33
Unit-13 Valuation of Entrepreneurial Ventures
13.1 The Importance of Business Valuation
13.2 Underlying Issues When Acquiring a Venture
13.3 Due Diligence
13.4 Analyzing the Business
13.5 Establishing a Firm’s Value
13.6 Term Sheets in Venture Valuation
13.7 Additional Factors in the Valuation Process
Unit-14 Harvesting the Entrepreneurial Venture
14.1 Harvesting the Venture: A Focus on the Future
14.2 The Management Succession Strategy
14.3 Key Factors in Succession
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Hisrich, R. D. (1990). Entrepreneurship/intrapreneurship. American
Readings psychologist, 45(2), 209.
Hisrich, R. D., Manimala, M. J., Peters, M. P., & Shepherd, D. A. (2013).
Entrepreneurship. McGraw Hill.
Kearney, C., Hisrich, R., & Roche, F. (2008). A conceptual model of
public sector corporate entrepreneurship. International
Entrepreneurship and Management Journal, 4(3), 295-313.
Kuratko, D. F. (2016). Entrepreneurship: Theory, process, and practice.
Cengage Learning.
Assessment and Examinations
34
5. Determine the current economic crisis and to suggest the corrective
measures.
Contents Unit-I An Economic Overview of Corporate Institutions
1.1 Corporate Governance
1.2 Corporate Financing: Some Stylized Facts
1.3 Historical development of corporate finance theories
1.4 Economic theories as the basis
1.5 Comparative overview of different economic systems
and its impact on financial management practices
1.6 Corporate Financing and Agency Costs
1.7 Outside Financing Capacity
1.8 The Role of Net Worth: A Simple Model of Credit
Unit-II Rationing
2.1 Debt Overhang
2.2 Borrowing Capacity: The Equity Multiplier
2.3 Related Models of Credit Rationing:
2.4 Inside Equity and Outside Debt
2.5 Determinants of Borrowing Capacity
2.6 Pledge able Income
2.7 Boosting the Ability to Borrow:
2.8 Diversification and Its Limits
2.9 The Costs and Benefits of Collateralization
2.10 The Liquidity–Accountability Tradeoff
2.11 Inalienability of Human Capital
2.12 Group Lending and Microfinance
2.13 Sequential Projects
Unit-III Modigliani–Miller and the Financial Structure Puzzle
3.1 Debt Instruments
3.2 Equity Instruments
3.3 Financing Patterns
Unit-IV Liquidity and Risk Management, Free Cash Flow, and
Long-Term Finance
4.1 The Maturity of Liabilities
4.2 The Liquidity–Scale Tradeoff
4.3 Corporate Risk Management
4.4 Endogenous Liquidity Needs, the Sensitivity of
Investment to Cash Flow, and the Soft Budget
Constraint
4.5 Free Cash Flow
Unit-V Corporate Financing under Asymmetric Information
5.1 Implications of the Lemons Problem and of Market
Breakdown
5.2 Dissipative Signals
5.3 Contract Design by an Informed Party:
5.4 Optimal Contracting in the Privately-Known-
Prospects Model
5.5 The Debt Bias with a Continuum of Possible Incomes
5.6 Signaling through Costly Collateral
5.7 Short Maturities as a Signaling Device
5.8 Formal Analysis of the Underpricing Problem
35
Unit-VI Islamic Banking and Finance
6.1 Theoretical basis of Islamic Economics
6.2 History and development of Islamic Banking
6.3 Modes of Islamic Financing
6.4 Current Status of Islamic Banking
6.5 Future of Islamic Banking
6.6 Sakuks
6.7 Islamic Perspective of Capital Markets
Unit-VII Corporate restructuring
7.1 Describe divestitures and the reasons for it
7.2 Describe various forms of divestiture and the reasons
for each
7.3 Describe and evaluate leverage buyouts and leverage
recapitalization
7.4 Corporate financial distress and its consequences
7.5 Aspects of financial distress
7.6 Causes of financial distress
7.7 Early detection of financial distress
7.8 Reorganization vs. liquidation
7.9 Reorganize-liquidate decisions
Unit-VIII Takeovers
8.1 The Pure Theory of Takeovers: A Framework
8.2 Extracting the Raider’s Surplus:
8.3 Takeover Defenses as Monopoly Pricing
8.4 Takeovers and Managerial Incentives
8.5 Positive Theory of Takeovers: Single-Bidder Case
8.6 Multiple Bidders
8.7 Managerial Resistance
Unit-IX Mergers and Acquisitions, and the Equilibrium
9.1 Determination of Asset Values
9.2 Valuing Specialized Assets
9.3 General Equilibrium Determination ofAsset Values,
Borrowing Capacities, and Economic Activity:
9.4 The Kiyotaki–Moore Model Types of long-term debt
9.5 Main features of long-term debt
9.6 Designing a long-term debt issue
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Brigham, E. F., & Houston, J. F. (2012). Fundamentals of financial
Readings management. Cengage Learning.
Copeland, T. E., Weston, J. F., &Shastri, K. (2005). Financial theory
and corporate policy (Vol. 4). Pearson Addison Wesley.
Ehrhardt, M. C., & Brigham, E. F. (2011). Financial management:
theory and practice. South-Western Cengage Learning.
Hillier, D., Ross, S., Westerfield, R., Jaffe, J., & Jordan, B.
(2013). Corporate finance (2nded). McGraw Hill
36
Megginson, W. L. (2017). Corporate finance theory. Addison-Wesley.
Ross, S., Westerfield, R., & Jaffe, J. (2018). Corporate finance (11th
ed.). McGraw-Hill Higher Education.
Tirole, J. (2010). The theory of corporate finance. Princeton University
Press.
38
Course Code EMBA 605
Semester 4th
Credit Hours 3
Prerequisite -
Learning On completion of this course, the students will be able to:
outcomes 1. Understand the various aspects of corporate law regarding
incorporation, working and benefits of companies.
2. Apply principles of corporate law in a rigorous and principles
manner.
3. Apply legal knowledge at an intermediate level using both primary
and secondary sources.
4. Understand the investment scenario in stock market.
5. Boost their knowledge of business and economic concepts from an
ethical aspect.
Contents Unit-1 Nature and Kind of Companies
1.1 History and meaning of company, differences between
company and partnership.
1.2 Kind of companies according to incorporation, liability,
ownership and control, companies Act, 2017.
Unit-2 Formulation of Company
Promotion, incorporation, commencement of business.
Unit-3 Memorandum of Association
Characteristics and form of memorandum, prohibition of
names, alternation of memorandum.
Unit-4 Articles of Association
Meaning and definition, contents of article, restrictions on
alternation, differences between memorandum and article.
Unit-5 Prospectus and Commencement of Busines
Unit-6 Allotment and Transfer of Shares
Meaning, share capital, and meetings of Shareholders.
Unit-7 Corporate Law and Islam
Basic ingredients of Islamic belief
Introduction to some moral and ethical teaching of the Quran
Islamic belief regarding prohibition of Riba
Unit-8 Business Ethics
Overview of business ethics, ethical issues, decision making
process, implementing business ethics, and cases
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Baig, L. (2011) Company law. Ghazanfar Academy Pakistan.
Readings Cheema, K. M. (2018) Company law. Syed Mobin Mahmood.
Hannigan, B. (2018). Company law. Oxford University Press, USA.
Saeed, K. A. (2004) Company law and practice in Pakistan. Institute of
Business Management.
39
Sr. # Elements Weightage Details
1 Midterm Assessment 35% Written test (at the mid-point of the semester)
2 Formative Assessment 25% Assignment, presentation and quiz
3 Final Assessment 40% Written test (at the end of the semester)
40
5.2 Unconstrained vs Constrained Optimization
5.3 The substitution vs. the Lagrange Methods of
Optimization
Unit-6 Production Analysis
6.1 Production Function
6.2 Total, Marginal and average Products in case of single
and two variable inputs
6.3 Marginal Revenue Product and Optimal Employment of
Inputs
6.4 Returns to scale vs. Returns to factor
Unit-7 Cost Analysis
7.1 Explicit and Implicit Costs
7.2 Incremental and Sunk Costs
7.3 Short-Run vs. Long-Run Costs
7.4 Economies of Scale and Economies of Scope
7.5 Learning Curves
7.6 Breakeven Analysis
Unit-8 Pricing Practices
8.1 Markup Pricing and profit maximization
8.2 Mark up on costs and price
8.3 Optimal markup on price and cost
8.4 Price discrimination
Unit-9 Risk Analysis
9.1 Economics Risk vs. Uncertainty
9.2 Various types of risk
9.2 Expected Profit of a Project
9.4 Absolute vs. Relative Risk
9.5 Beta as Measure of Risk
9.6 Managerial Applications
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Hirschey, M. (2009). Managerial economics: An integrative approach.
Readings Cengage Learning.
Hirschey, M., &Bentzen, E. (2016). Managerial economics. Cengage
Learning.
Michael R, B. (2010). Managerial economics and business strategy. The
Mc-Graw Hill.
Salvatore, D., &Brooker, R. F. (2004). Managerial economics in a global
economy. McGraw-Hill.
Samuelson, W. F. (2012). Managerial economics. John Wiley & Sons.
41
3 Final Assessment 40% Written test (at the end of the semester)
42
4.9 Strategic Management in non-profit and
Government Organization
4.10 Strategic Management in small firms
Unit-5 Strategy Formulation: Organizational Process
5.1 The strategy-making hierarchy
5.2 Corporate strategy
5.3 Line of business strategies
5.4 Functional strategies
5.5 Operating strategies
5.6 The factors shaping strategy
5.7 Strategy and ethics
5.8 The basic strategy-making approaches.
Unit-6 Strategy Analysis and Choice
6.1 A comprehensive strategy formulation framework
6.2 The input stage
6.3 The matching stage
6.4 SWOT Matrix
6.5 Space Matrix
6.6 BCG Matrix
6.7 IE Matrix
6.8 The Grand Strategy Matrix
6.9 The decision
6.10 QSPM Matrix
6.11 Strategy choice criteria
6.12 Consistency tests
6.13 Clarity of goals
6.14 Appropriate timing
6.15 Flexibility
6.16 Management commitment
6.17 The politics of strategy choice
Unit-7 Strategy Implementation
7.1 Analyzing strategy-change
7.2 Analyzing organizational structure
7.3 Analyzing organizing culture
Unit-8 Strategies Evaluation
8.1 Evaluation Framework
8.2 Characteristics of an effective evaluation system
8.3 Contingency planning
8.4 Auditing
8.5 21st century challenges in Strategic Management
Unit-9 Strategic Control
9.1 The strategic control process
9.2 The management information system (MIS) and
strategic control
9.3 Top management & strategic control
Unit-10 A Case Analysis Framework
10.1 Diagnosis and record of the current situation
10.2 Identification and record of the strategic issues and key
problems
10.3 Formulation and evaluation of alternative course of
43
actions
10.4 Selection of an action plan and set of recommendation
10.5 How to avoid pitfalls in case analysis
10.6 Communication of case analysis
10.7 The written report
10.8 The oral presentation and discussion
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Campbell, D., Edgar, D., &Stonehouse, G. (2011). Business strategy: an
Readings introduction. Macmillan International Higher Education.
David, F. R., & David, F. R. (2018). Strategic management concepts and
cases: A competitive advantage approach (16th ed.). Pearson.
Gamble, J., Thompson, A. A., &Peteraf, M. (2010). Essentials of strategic
management. McGraw-Hill Publishing.
Hitt, M. A., Ireland, R. D., &Hoskisson, R. E. (2012). Strategic
management cases: Competitiveness and globalization (9th ed.).
Cengage Learning.
Jenkins, W., & Williamson, D. (2015). Strategic management and business
analysis. Routledge.
Peter, J. P., &Certo, S. C. (1988). Strategic management: Concepts and
applications. McGraw-Hill.
Scholes, K., & Johnson, G. (Eds.). (2001). Exploring public sector
strategy. Pearson Education.
44
1.1 Research defined. Scientific method of research (Main
Characteristics)
1.2 Theory and Research; relationship between theory and
research
1.3 The steps in research process: An overview
1.4 Classification of research
Unit-2 Review of Literature
2.1 Elements of a good literature review
2.2 Major approaches to literature review
2.3 Sources of literature
2.4 Writing the literature review
2.5 Ethical issues in borrowing ideas, and material
2.6 Plagiarism
Unit-3 Theoretical Framework
3.1 Concepts, variables, and relationship between variables
3.2 Building of Propositions
3.3 Hypothesis: types and characteristics of hypotheses
Unit-4 Measurement of Concepts
4.1 Theoretical and operational definitions; Dimensions,
elements
4.2 Criteria for good measurement: Validity, reliability,
sensitivity
Unit-5 Qualitative Research
5.1 Introduction to qualitative research.
5.2 Theoretical position underlying qualitative research;
Ethnography; Feminism and Gender Studies
5.3 Research Process in qualitative research
5.4 Research strategies: Case study, Ethnography,
Participant observation, Phenomenology,
Ethnomethodology, Grounded theory, Biographical
method, Historical method
Unit-6 Research Design
6.1 Elements of research design
6.2 Survey research
6.3 Tools of data collection: quantitative research tools
(Interview schedule, questionnaire, interview guide),
qualitative research tools (interviews, focus group
discussions, observations)
6.4 Sampling
Unit-7 Data Analysis
7.1 Data handling: Dealing with data, coding, data entries
in computer, cleaning.
7.2 Data transformation: scoring and score index.
7.3 Use of descriptive statistics.
7.4 Interpreting the data and testing the Hypothesis
7.5 Content analysis
Unit-8 Report Writing Form
8.1 Thesis, report for funded research
8.2 Referencing: different formats. Citations
Teaching & A combination of lecturing, presentations, and discussions will be used to
45
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Flick, U. (2018). An introduction to qualitative research. Sage
Readings Publications Limited.
Hesse-Biber, S. N., &Leavy, P. (2010). The practice of qualitative
research. Sage.
Sekaran, U. (2018). Research methods for business (7th ed.). John Wiley &
Sons.
Zikmund, W. G., Carr, J. C., & Griffin, M. (2013). Business research
methods (8th ed.). Cengage Learning.
46
Annex-II
Finance Specialization
Courses
for Executive MBA
47
Name of the Corporate Finance
course
Course Code EMBA 621
Semester -
Credit Hours 3
Prerequisite -
Learning On completion of this course, the students will be able to:
outcomes 1. Evaluate and formulate effective working capital polices to be cash
efficient in day to day operations.
2. Make effective use of financial resources available to an organization.
3. Evaluate various alternatives available to acquire fixed assets.
4. Make use of computer applications in financial management issues.
5. Develop and analyze the pro-forma financial statements and also the
sensitivity and scenario analysis for decision making.
6. Increase the confidence to participate in financial decision making.
Contents Unit-1 Introduction
1.1 Financial planning models
1.2 External financing and growth
1.3 Internal growth and sustainable growth
Unit-2 Project Cash Flows for Investment Decisions
2.1 Projected Cash Flows
2.2 Investment Cash Flows
2.3 Proforma financial Statements
2.4 Estimating NPV Estimates
Unit-3 Project Analysis and Evaluation
3.1 Scenario and other what-if analysis
3.2 Operating leverage
3.3 Capital rationing
3.4 Accounting vs. Financial Break-Even
Unit-4 Raising Capital
4.1 Early stage financing & venture capital,
4.2 Underwriters
4.3 IPO‟s and Under pricing
4.4 Costs of issuing securities
4.5 Rights, Dilution
4.6 Issuing Long Term Debt
4.7 Securitization (bundling-unbundling)
4.8 Mutual funds management
Unit-5 Financial Leverage and Capital Structure Policy
5.1 Capital structure & Cost of Capital
5.2 The effect of financial leverage
5.3 Optimal capital structure
Unit-6 Dividend Policy
6.1 Cash dividend and dividend payment
6.2 Low payout and high payout factors
6.2 Establishing a dividend policy
6.3 Stock repurchase, Stock splits
6.4 Short Term Finance and Planning
6.5 Operating and Cash Cycle
6.6 Alternative Financing Policies for current assets
48
6.7 Short Term Borrowing
6.8 Cash and Liquidity Management
6.9 Float Management
6.10 Cash Collection and Disbursements
6.11 Target Cash Balance
6.12 Credit and Inventory
6.13 Credit and Receivables
6.14 Factorization
Unit-7 Hybrid Financing
7.1 What is Lease, Why Lease?
7.2 Financial & Operating Lease
7.3 Valuing Financial Lease
7.4 Leasing Versus Purchasing Decision
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Brealey, R. A., Myers, S. C., Allen, F., &Mohanty, P. (2018). Principles of
Readings corporate finance. (12thed). Tata McGraw-Hill Education.
Brigham, E. F., &Ehrhardt, M. C. (2016). Financial management: Theory
& practice (14th ed.). Cengage Learning.
Ross, S. A., Westerfield, R., & Jordan, B. D. (2012). Fundamentals of
corporate finance (Asian Global ed.). Tata McGraw-Hill Education.
Van Horne James, C. (2002). Financial management and policy. Pearson
49
Forward contracts, call options, put options, forward and option
positions.
Unit-3 Forwards, Futures, and Swaps
Financial forward and future, forward contracts, future contracts,
and uses of index future, hedging with futures, and basics of
swaps
Unit-4 Basics of Credit Default Derivatives
Unit-5 Introduction to Options
Option trading strategies,Option Pricing, Option Risks,
Unit-6 Hedging Options
Defining hedging, problems, Delta hedging,
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Bartram, S. M. (2019). Corporate hedging and speculation with
Readings derivatives. Journal of Corporate Finance, 57(4), 9-34.
Boyle, P., & McDougall, J. (2018). Trading and pricing financial
derivatives: A guide to futures, options, and swaps (2nd ed.). DEG
Press.
Hull, J., Treepongkaruna, S., Colwell, D., Heaney, R., & Pitt, D.
(2018). Fundamentals of futures and options markets (9th ed.).
Pearson.
Jarrow, R. A., &Chatterjea, A. (2019). Introduction to derivative
securities, financial markets, and risk management (2nd ed.).World
Scientific.
50
Nature of regression analysis, two-variables of regression analysis,
dummy variable regression analysis
Unit-3 Econometric Model
Model selection and its criteria, types of specification error, test of
specification error, nested versus none nested.
Unit-3 Time series modelling and forecasting
Approaches, AR, MA, and ARIMA modeling of time series data,
BJ methodology, diagnostic test, forecasting.
Unit-4 Multivariate Models
Unit-5 Modelling Long-run Relationships in Finance
Unit-6 Modelling Volatility and Correlation
Unit-7 Switching Models
Unit-8 Panel Data Analysis
Unit-9 Limited Dependent Variable Models
Unit-10 Simulation Equation Model
Definition, types, supply and demand model.
Unit-11 Empirical Research and Doing a Project or Dissertation
Unit-12 Recent and Future Developments
Teaching & A combination of lecturing, computer lab, presentations, and discussions
Learning will be used to conduct the course. Students will be expected to read
Strategies extensively ahead of each class session and actively participate in
discussions and practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Angrist, J. D., &Pischke, J. S. (2008). Mostly harmless econometrics: An
Readings empiricist's companion. Princeton University Press.
Brooks, C. (2015). Introductory econometrics for finance. Cambridge
University Press.
Dinardo, J., Johnston, J., & Johnston, J. (1997). Econometric methods (4th
ed.) McGraw-Hill Companies.
Goldberger, A. S., & Goldberger, A. S. G. (1991). A course in
econometrics. Harvard University Press.
Greene, W. H. (2010). Econometric analysis (8th ed.). Pearson.
Harvey, A. C. (1999). The econometric analysis of time series. Mit Press.
Kennedy, P. (2003). A guide to econometrics. MIT press.
Stock, J. H., & Watson, M. W. (2015). Introduction to econometrics. (3rd
ed.) Pearson.
Taylor, S. J. (2011). Asset price dynamics, volatility, and prediction.
Princeton University Press.
Tripathi, G. (2000). Econometric methods. McGraw Hill.
Verbeek, M. (2017). A guide to modern econometrics. (5thed) John Wiley.
Wooldridge, J. M. (2016). Introductory econometrics: A modern approach
(5th ed.). Cengage Learning
51
3 Final Assessment 40% Written test (at the end of the semester)
52
5.1 Types of Risks Incurred by Financial Institutions
5.2 Managing Risk on the Balance Sheet I: Credit Risk
5.3 Managing Risk on the Balance Sheet II: Liquidity Risk
5.4 Managing Risk on the Balance Sheet III: Interest Rate
and Insolvency Risk
5.5 Managing Risk with Derivative Securities
Unit-6 Islamic Financial Institutions and Markets
6.1 Principles of Islamic Finance
6.2 Major Contracts/Products used in Islamic Financing
6.3 Mudaraba
6.4 Murabaha
6.5 Musharaka
6.6 Ijara
6.7 Sukuk
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Madura, J. (2018). Financial institutions and markets (10th ed.). Cengage
Readings Learning.
Saunders, A., & Cornett, M. M. (2016). Financial markets and institutions.
McGraw-Hill Education.
Sohail, S. (2010). Financial Institutions of Pakistan (1st ed.). Ilmo-Irfan
Publishers.
53
1.1. Using Excel as a spreadsheet
1.2. Effective construction of a model
1.3. Objective and structure
1.4. Initial preparation
Unit-2 Basics for Financial Modeling
2.1 Refresher of basic knowledge of financial accounting
2.2 Breakdown and grouping of accounting elements
2.3 Determine drivers of the model
2.4 Assumptions for projections
2.5 Effective use of short keys and functions
Unit-3 Building Models
3.1 Projection of P&L, balance sheet and cash flow
3.2 Balancing numbers
3.3 How to deal with circular references
3.4 How to prevent circular references
3.5 Professional use of Excel -protection, range names, data
validation
Unit-4 Building Good Models
4.1 Maximum use of Excel applications
4.2 Flexible and user-friendly models
Unit-5 Auditing
5.1 Using existing models
5.2 How to become comfortable with "new" models
5.3 Auditing models
Unit-6 Formatting and Showcasing
6.1 Formatting
6.2 Professional showcase
6.3 Use of graphs
6.4 Using switches
Unit-7 Effective Use of Build-in Functions
7.1 Use of shortcut
7.2 Applicable financial and logical functions
Unit-8 Frameworks and Concepts Covered
8.1 Monte-Carlo simulation
8.2 Risk analysis of discounted cash flow models
8.3 Black-Scholes formula
8.4 Simulating stock price evolution with Monte-Carlo
simulation
Teaching & A combination of lecturing, computer lab, presentations, and discussions
Learning will be used to conduct the course. Students will be expected to read
Strategies extensively ahead of each class session and actively participate in
discussions and practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Albright, S. C. (2016). VBA for Modelers: Developing decision support
Readings systems. Cengage Learning.
Brealey, R. A., Myers, S. C., Allen, F., &Mohanty, P. (2018). Principles of
corporate finance (12th ed.). McGraw-Hill Education.
Hull, J. C. &Basu, S. (2016). Options futures and other derivatives.
Pearson Education.
54
Assessment and Examinations
56
financial statements: Version 1.0 (3rded). John Wiley.
Zeff, S. A., &Dharan, B. G. (1994). Readings and notes on financial
accounting: Issues and controversies. McGraw-Hill.
58
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Bernstein, W. J. (2010). The four pillars of investing: Lessons for building
Readings a winning portfolio. McGraw Hill.
Jones, C. P. (2016). Investments: Principles and concepts (12th ed.). John
Wiley.
Kevin, S. (2006). Portfolio management. PHI Learning Pvt. Ltd.
Kevin, S. (2015). Security analysis and portfolio management. PHI
Learning Pvt. Ltd.
59
Unit-6 Securities Regulation and Ethics
Unit-7 The Theory and Practice of M&A
Unit-8 The Future of the Businesses of Investment Banking in
Developed Markets and Emerging Markets
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Howarth, D., &Quaglia, L. (2018). Brexit and the battle for financial
Readings services. Journal of European Public Policy, 25(8), 1118-1136.
Liaw, K. T. (2012). The business of investment banking: A
comprehensive overview. John Wiley & Sons.
Szulezyk, K. R. (2018). Money, banking and International Finance.
Kenneth. Wiley and Sons Inc.
Vedapradha, R., & Ravi, H. (2018). Application of artificial intelligence
in investment banks. Review of Economic and Business
Studies, 11(2), 131-136.
60
Unit-5 Comparison of Islamic and Conventional Banking
A comparison of Islamic banking rules with other conventional
banking
Unit-6 Categories of Islamic Modes
Unit-7 Islamic Products
Murabaha&Musharkah, Diminishing Musharakah&Mudarabah,
Ijarah, Salam, Istisna
Unit-8 Liability Products of Islamic banks
Unit-9 Concept of Takaful (Islamic Insurance)
Unit-10 Overview of Securitization and Sukuk
Unit-11 Introduction to AAOIFI standards
Teaching & A combination of lecturing, presentations, and discussions will be used
Learning to conduct the course. Students will be expected to read extensively
Strategies ahead of each class session and actively participate in discussions and
practical work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Alchaar, M. N., & Sandra, A. (2010). Islamic finance qualification
Readings (IFQ): The official workbook. Securities & Investment Institute
Press.
Ayub, M. (2013). Understanding Islamic finance.
GramediaPustakaUtama Press.
Siddiqui, M. N. (1994). Issues in Islamic banking: Selected papers. The
Islamic Foundation.
Usmani, M. I. A. (2002). Meezanbank'sguide to Islamic banking. Darul-
Ishaat.
Usmani, M. I. A., & Ansari, J. A. (2010). Meezan bank’s guide to
Islamic banking. Research Journal of the Institute of Business
Administration, 5(1), 171-193.
Usmani, M. T. (2002). An introduction to Islamic finance (Vol. 20).
Brill.
62
8.7 Auditor’s liability for misfeasance
8.8 Auditor’s liability to third parties
8.9 Auditor’s liability for libel
8.10 Criminal liability of an auditor
Unit-9 Special Points for All Audits, Investigation, Definition and
Objectives
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Chaudary, M. A, & Afzal, S. (2008). Principles of auditing (4th Ed.). West
Readings Pak Publishing Co.
Ishtiaq, M. N (2013). Principles of auditing (9th ed.). Syed Mobin Mahmud
& Co.
Saeed, K. A. (2013) Principles of auditing. Khawaja Publications.
63
Unit-VI Budget
6.1 Budget process
6.2 Incremental budgets and zero based budgets
6.3 Periodic and continuous budgeting
6.4 Fixed and flexible budgeting
6.5 Behavioral aspects of budgeting
6.6 Quantitative analysis in budgeting
Unit-VII Variance Analysis
7.1 Basic variance Analysis
7.2 Further Variance Analysis
7.3 Mix and yield variances
7.4 Planning and operational variances
Unit-VIII Performance Measurement
8.1 Overall performance measures (financial and non-
financial)
8.2 Divisional performance measures
8.3 Performance measurement in non-profit organizations
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested BPP Learning Media (2019). ACCA paper F5:Performance management
Readings study [Link] Learning Media Publishing.
BPPLearning Media. (2012). ACCA: Performance management (Study
text. F5). Huazhong University of Science and Technology Press.
Drury, C. M. (2013). Management and cost accounting. Springer.
Horngren, C. T. (2009). Cost accounting: A managerial emphasis
(13thed.). Pearson.
Horngren, C. T., Datar, S. M., & Rajan, M. V. (2012). Cost
accounting: A managerial emphasis. Pearson Education.
Matz, A., &Usry, M. F. (2004). Cost accounting: Planning and control.
South-Western Publishing Company.
Usry, M. F., Hammer, L. H., & Carter, W. K. (1991). Cost accounting:
Planning and control. South-Western Publishing Company.
65
financial management. Irwin Publishing.
Bolton, P. & D. Scharfstein (1996). Optimal debt structure and the number
of [Link] of Political Economy104(1), 1-25.
Brigham, E. F., &Ehrhardt, M. C. (2013). Financial management: Theory
& practice. Cengage Learning.
Chemmanur, T., (1993). The pricing of initial public offerings: A dynamic
model with information [Link] of Finance, 48(1), 285-
304. [Link]
6261.1993.tb04710.x
Chemmanur, T., & P. Fulghieri. (1999).A theory of the going public
decision. Review of Financial Studies, 2(1), 12-22.
Copeland, T. E., Weston, J. F., &Shastri, K. (2005). Financial theory and
corporate policy (4th ed.). Pearson.
Harris, M., &Raviv, A. (1989). The design of securities. Journal of
Financial Economics, 24(2), 255-287.
Jensen, M. C., &Meckling, W. H. (1976). Theory of the firm: Managerial
behavior, agency costs and ownership structure. Journal of
Financial Economics, 3(4), 305-360.
Modigliani, F, & Miller M. (1958). The cost of capital, corporation finance
and the theory of investment. TheAmerican Economic Review 48(3),
261-297. [Link]
Raheman A. & Nasr, M., (2007).Working capital management and
profitability: Case of Pakistani firms. International Review of
Business Research Papers, 3(1), 279 – 300
Rock, K., (1986), Why new issues are underpriced,Journal of Financial
Economics 15(1-2), 187-212. [Link]
405X(86)90054-1
Rossi, S., &Volpin, P. F. (2004). Cross-country determinants of mergers
and acquisitions. Journal of Financial Economics, 74(2), 277-304.
Tirole, J. (2010). The theory of corporate finance. Princeton University
Press.
67
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Hussain, M. M (2019). Synopsis of taxes in Pakistan (36th ed.). Iqbal
Readings Brothers Publications.
Mughal, M. M. (2018). Income tax principles and practice. Syed
Mobin& Co.
Mughal, M. M. (2018). Sale tax. Syed Mobin& Co.
Qureshi, S. A. (2012). Income tax ordinance 2001: Updated & amended to
date. Mansoor Books.
Sales Tax Advisory Services. (2003). Sales tax Act 1990 (updated &
amended to date). Sales Tax Advisory Services.
The Parliament of Pakistan. (2005). The federal excise Act 2005: Updated
& amended to date. Federal Board [Link]
Federal Board of Revenue. (2006). The customs act 1969: Updated &
amended to [Link] Law Books House. [Link]
68
Annex-III
69
Name of the Advertising
course
Course Code MBA 641
Semester -
Credit Hours 3
Prerequisite Principles of Marketing
Learning On completion of this course, the students will:
outcomes 1. Have exposure to the emerging advertising techniques and strategies
and how these techniques are being used with other promotional
techniques.
2. Equip with IMC (integrated marketing communication) concepts and
its utilization over time.
3. Understand the strategies of creating effective communication
campaigns.
Contents Unit-1 Strategic Brand Communications
1.1 The role of IMC towards effective marketing
communication
1.2 Understanding the need of IMC in today’s turbulent
marketing era
1.3 The role of IMC in creating effective marketing
communication campaigns
1.4 Understanding the seven basic dimensions of effective
IMC and tools to be used in IMC
Unit-2 Advertising
2.1 What is Advertising
2.2 Advertising’s Role in Marketing
2.3 The role of IMC in Marketing process
2.4 Understanding consumer needs and building the product
as per the needs of the consumer.
2.5 Reviewing marketing process in detail with all the
ingredients of a marketing process
Unit-3 How Brand Communication Works
3.1 Understanding consumer behavior
3.2 Relationship between consumer behavior and effective
marketing communication
3.3 The major behavioral elements affecting the consumer
attitude and way of purchases
3.4 Understanding Sigmund Freud’s theory of sub-
consciousness and Maslow’s Hierarchy of need theory
Unit-4 Source, Message and Channel Factors in Advertising
4.1 Understanding the sources of the message
4.2 The impact of the key sources on effective delivery of
the message
4.3 The message structure, format and presentation style to
effectively communicate to the target audience
4.4 Understanding the effectiveness of the message source
and channel factors
4.5 Implying the effect of timeliness of message
understanding the concept of message flight
Unit-5 Analyzing the Communication Process
70
5.1 Explaining the effective communication process in
order to attract the target customer
5.2 Matching communication objectives with the needs of
the customer
5.3 Deciding from main objectives of making consumer
aware, informing the consumer and persuade them
Unit-6 Creative Strategy
6.1 Understanding the planning phase of creative strategy
6.2 Planning a message through understanding the needs of
the market, customer and competition
6.3 Developing the message based on the creative concept
6.4 Understanding story-boarding and the concept of
developing story boards
6.5 Implementing the message strategy into practicality and
understanding the way customer perceives the message
6.6 Evaluating the effectiveness of the message through
different KPIs
Unit-7 Broadcast Media, Interactive &Alternate Media
Unit-8 The Creative Side of Advertising.
Unit-9 Promotional Writing
9.1 Sales promotion as a tool towards IMC and its
effectiveness
9.2 Difference between sales promotion, trade promotion
and business promotion
Unit-10 Public Relations and Personal Selling
Unit-11 Evaluation of Effectiveness
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested De Mooij, M. (2018). Global marketing and advertising: Understanding
Readings cultural paradoxes. Sage Publishing.
Moriarty, S. E., Mitchell, N., Wells, W., & Moriarty, S. E.
(2015). Advertising and IMC: Principles and practice. Pearson.
Thorson, E., & Rodgers, S. (2019). Advertising theory in the digital age
(2nd ed.). Routledge. [Link]
Wells, W., Burnett, J., Moriarty, S. E., Pearce, R. C., & Pearce, C.
(2006). Advertising: Principles and practice (7th ed.). Prentice Hall.
Assessment and Examinations
Sr. # Elements Weightage Details
1 Midterm Assessment 35% Written test (at the mid-point of the semester)
2 Formative Assessment 25% Assignment, presentation and quiz
3 Final Assessment 40% Written test (at the end of the semester)
71
course
Course Code MBA 642
Semester -
Credit Hours 3
Prerequisite Principlesof Marketing
Learning On completion of this course, the students will be able to:
outcomes 1. Build powerful brand management that influencing purchasing
behavior through creating an identity in the mind of consumers.
2. Understand the strategies of brand management.
Contents Unit-1 Introduction
What is brand and its logic, service branding, luxury brands
Unit-2 Elements of a Brand Vision
Brand identity, sources of brand identity, the new rules ofbrands
Unit-3 Brand Management
Creating a brand, managing time factors, brand extension, brand
portfolio
Unit-4 Making your Brand
Determining your brand image, creating your brand contract,
crafting a Brand- based customer model, positioning your brand
for success, extending your Brand, communicating your brand
positioning
Unit-5 Leveraging your Brand to Maximize Channel Influence
Unit-6 Pricing your brand at premium
Unit-7 Return on Brand Investment
Unit-8 Laws of Branding
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Aaker, D. A. (2012). Building strong brands. Simon and Schuster.
Readings Al, R., & Laura, R. (2002). The 22 immutable laws of [Link]
Business.
Davis, S. M. (2003). Brand asset management. Driving profitable growth
through your brands. Pearson.
Kapferer, J. N. (1997). Strategic brand management: New approaches to
creating and evaluating brand equity. Simon and Schuster.
Kapferer, J. N. (2008). The new strategic brand management: Creating
and sustaining brand equity long term. Kogan Page Publishers.
Keller, K. L., Parameswaran, M. G., & Jacob, I. (2013). Strategic brand
management: Building, measuring, and managing brand equity.
Pearson.
72
Sr. # Elements Weightage Details
1 Midterm Assessment 35% Written test (at the mid-point of the semester)
2 Formative Assessment 25% Assignment, presentation and quiz
3 Final Assessment 40% Written test (at the end of the semester)
75
4.4 How to Choose Between Surveys and Observation
Unit-5 Scaling
5.1 Primary Scales of Measurement
5.2 Comparative Scales
5.3 Non comparative Scales
5.4 Non comparative Scale Decisions
5.5 Scale Evaluation
5.6 Questionnaire Design
Unit-6 Sampling
6.1 The Concept of Sampling
6.2 The Sampling Design Process
6.3 Nonprobability Sampling
6.4 Probability Sampling
6.5 Internet Sampling
Unit-7 Data Analysis and Reporting
7.1 Data Collection
7.2 Data Preparation
7.3 Data Analysis
7.4 Communicating the Research Results
Unit-8 Soft wares for Quantitative and Qualitative data
8.1 SPSS
8.2 NVIVO
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Babin, B. J., &Zikmund, W. G. (2015). Exploring marketing research (11
Readings ed.). Cengage Learning.
McDaniel Jr, C., & Gates, R. (2018). Marketing research. John Wiley &
Sons.
Wilson, A. (2018). Marketing Research. Macmillan International Higher
Education.
Zikmund, W. G., D'Alessandro, S., Winzar, H., Lowe, B., &Babin, B.
(2014). Marketing research. Cengage Learning.
76
Semester -
Credit Hours 3
Prerequisite Principles of Marketing
Learning On completion of this course, the students will be able to:
outcomes 1. Apply the principles, practices, and concepts used in retail marketing
management.
2. Understand the conceptual and organizational aspects of the retail
sector, including strategic planning and management in the retail
industry.
3. Understand the key elements in planning, managing, and executing the
retail marketing mix as they relate to the product, price, distribution,
and promotion.
4. Identify the approaches to and guidelines used to analyze and solve
retailers' problems and make decisions in retail organizations.
Contents Unit-1 Introduction
Retailing within international context, background, world of
retailing, global retailing, retail marketing, types of retailers
Unit-2 Retail Consumer Buying Behavior
Introduction, SOR model for byers, developing SOR model,
Temporal prospective, purchase behavior, details theories.
Unit-3 Retail Marketing Strategy
Retail marketing strategy planning, retail financial strategy, retail
location strategy, retail site location strategy.
Unit-4 Merchandise Management
Merchandise management category structure
Merchandise management planning
Buying merchandise
Unit-5 Retail Pricing
Retail Marketing Strategy Price Decisions
Retail Price Competition
Retail Price Issues
Unit-6 Retail Distribution
Retail Marketing Strategic Distribution Decisions
Retail Distribution Channels
Retail Omni-channel Distribution
Unit-7 Retail Supply Chain Management and Information Systems
Retail Communication Mix
Unit8Customer Relationship Management
Store Layout, Design, and Visual Merchandising
Customer Service
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Gilbert, D. (2018). Retail marketing management. The 5ES of retailing (5th
Readings ed.). Pearson Education.
Levy, M., &Weitz, B. A. (2009). Retailing management. McGraw-
Hill/Irwin.
77
Levy, M., Weitz, B. A., & Grewal, D. (1998). Retailing management.
McGraw-Hill/Irwin.
79
industry.
Unit-3 Competitor Analysis
3.1 Strategies of competitors
3.2 Identify good vs bad competitor
3.3 Leader follower and challenger strategies
3.4 Making strategies
Unit-4 Company Analysis
4.1 RBV
4.2 Value chain analysis
4.3 company’s strength weaknesses and capabilities
Unit-5 Customer Analysis and Strategy Segmentation Targeting
and Positioning
5.1 Process of segmentation and targeting
5.2 Developing effective positioning strategies
5.3 Product and Growth Strategies
Unit-6 Pricing Strategies
Unit-7 Promotion IMC
Unit-8 Distribution Strategies
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Dolgui, A., &Proth, J. M. (2010). Pricing strategies and models. Annual
Readings Reviews in Control, 34(1), 101-110.
Hooley, G. J., Piercy, N., &Nicoulaud, B. (2017). Marketing strategy and
competitive positioning (6th ed.). Pearson Education.
Hunt, S. D. (2018). Advancing marketing strategy in the marketing
discipline and beyond: From promise, to neglect, to prominence, to
fragment, and to promise. Journal of Marketing Management, 34(1-
2), 16-51.
Previts, G. J., Bricker, R. J., Robinson, T. R., & Young, S. J. (1994). A
content analysis of sell-side financial analyst company
reports. Accounting Horizons, 8(2), 55-63
Sharma, A., Kumar, V., &Cosguner, K. (2019). Modeling emerging
market firms’ competitive retail distribution strategies. Journal of
Marketing Research, 56(3), 439-458.
80
Semester -
Credit Hours 3
Prerequisite -
Learning On completion of this course, the students will be able to:
outcomes 1. Understand the influences of the multicultural marketplace, business
ethics, and socially responsible marketing on services marketing.
2. Design service quality measurements.
3. Build customer loyalty and evaluate the effectiveness and efficiency of
customer service offerings.
4. Explain service blueprinting, the integration of new technologies, and
other key issues facing today's customer service providers and service
managers.
5. Conduct a services audit plan for a service firm.
6. Understand how customer relationship marketing (CRM), including
retention strategies, creates an environment that achieves excellence in
customer service
Contents Unit-1 Introduction to Services Marketing
The nature and Scope of Services Marketing
Service marketing concept
Unit-2 Global Perspective of Service Marketing
Defining global marketing, globalization and its impact on service
marketing, implication case studies
Unit-3 Managing Service Marketing
The Gaps Model of Services Quality
Focus on the Customer-What Do Customers Expect?
Focus on the Customer-Customer Perceptions in Services
Understanding the Customer
Listening to Customers Through Research
Building Customer Relationships
Unit-4 Services and its Aspects
Service Recovery
Standardizing and Aligning the Delivery of Services
Service Innovation and Design
Customer-Defined Service Standards
Physical Evidence and the Servicescape
The People Who Deliver and Perform Services
Employees' Roles in Service Delivery
Unit-5 Customers' Roles in Service Delivery
Unit-6 Managing Demand and Capacity
Unit-7 Promotions and Pricing Strategies in Services Marketing
Unit-8 Integrated Services Marketing Communications
Unit-9 The Financial and Economic Impact of Service
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Gronroos, C. (2020). Service marketing research priorities. Journal of
Readings Services Marketing, 34(3), 291-298.
81
Hole, Y., Pawar, S., &Bhaskar, M. P. (2018). Service marketing and
quality strategies. Periodicals of Engineering and Natural
Sciences, 6(1), 182-196.
Lovelock, C., & Wright, L. (2018). Principles of service marketing and
management (8th ed.). Pearson.
Zeithaml, V. A., Bitner, M. J., &Gremler, D. D. (2018). Services
marketing: Integrating customer focus across the firm. McGraw-
Hill Education.
83
such as marketing, manufacturing and accounting.
2. Understand the complexity of inter-firm and intra-firm coordination in
implementing programs such as e-collaboration, quick response, jointly
managed inventories and strategic alliances.
3. Design logistics systems and formulate integrated supply chain
strategy, so that all components are not only internally synchronized
but also tuned to fit corporate strategy, competitive realities and market
needs.
4. Understand which information should be exchanged in a supply chain
and how it should be used to benefit the entire supply chain.
5. Identify improvement opportunities that exist within supply chains in
different industries and to quantify the improvements that various
supply chain strategies offer.
6. Understand which barriers companies face during the implementation
of new supply chain strategies.
7. Develop knowledge and skills relating to supply chain management.
8. To develop modeling skills by using excel solver.
Contents Unit-1 Introduction to Supply Chain Management (SCM).
Internal and external supply chain management
Unit-2 Supply chain strategy
Structure, performance, SSPP (Strategy-structure-process-
performance) framework,
Unit-3 SCM Decisions
SCM Drivers and obstacles
Facility location
Warehousing
Forecasting
Inventory Management
Transportation
Linear Programming – Excel Solver
Bullwhip effect
Unit-4 Double Marginalization
Unit-5 Job shop scheduling,
Unit-6 ERPJIT
Unit-7 Lean production
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Chopra, S., Meindl, P., &Kalra, D. V. (2019). Supply chain management:
Readings Strategy, planning, and operation (7th ed.). Pearson.
Christopher, M. (2016). Logistics & supply chain management. Pearson
Limited.
Stevenson, W. J. (2018). Operations management (12th ed.). McGraw-Hill.
84
1 Midterm Assessment 35% Written test (at the mid-point of the semester)
2 Formative Assessment 25% Assignment, presentation and quiz
3 Final Assessment 40% Written test (at the end of the semester)
85
Annex-IV
86
Name of the Cases and Exercises in Personnel Management/HRM
course
Course Code EMBA 661
Semester -
Credit Hours 3
Prerequisite Human Resource Management
Learning On completion of this course, the students will be able to:
outcomes 1. Understand the cases, exercises, incidents and skill builders to
supplement the basic text of HRM.
2. Offer a fresh approach to the management students based on dynamic,
“real life” organizational events confronting both human resource
managers and line managers who often implement human resource
programs and policies.
Contents Unit-1 The HRM Function
1.1 Case: The New Director of Human resources
1.2 Case: The human resource function of Harrison
Brothers Corporation
1.3 Exercise: The linkage between Human resource
practices and Competitive Advantage
1.4 Exercise: Evaluating the Financial impact of Human
resource Management activities: reducing turnover cost.
Unit-2 Meeting HRM requirements: Job analysis/design
2.1 Case: Employee layoffs at St. Mary’s Hospital
2.2 Case: Strategic HRM
2.3 Exercise: Which employee should be terminated
2.4 Exercise: Outsourcing HRM functions.
Unit-3 Recruitment and selection
3.1 Case: The ethical Selection Dilemma at Integrity
Motors
3.2 Case: A solutions for adverse impact
3.3 Exercise: Evaluating and recruiting Function
3.4 Exercise: Selection interview Role Play
Unit-4 Training and development
4.1 Case: Career Development at Electronic Application
4.2 Case: The Mentoring Problem at Walnut Insurance
4.3 Exercise: Conducting Training need Assessment
4.4 Exercise: Design and evaluation of Training programs.
Unit-5 Performance Appraisal
5.1 Case: Performance Evaluation: A case of second
evaluation
5.2 Case: Performance evaluation at Western Savings
5.3 Exercise: EvalSim – A Performance evaluation
5.4 Exercise: Performance Appraisal interview Role play
Unit-6 Compensation
6.1 Case: The overpaid Bank tellers.
6.2 Case: Managing Non-monetary Compensation.
6.3 Exercise: Allocating merit raises
6.4 Exercise: WageSim- A compensation Administration
Unit-7 Motivation and Discipline
7.1 Case: The broken employment contract
87
7.2 Case: Surfing the internet on company time.
7.3 Exercise: Motivating and Maintaining morale during
downsizing
7.4 Exercise: Women as Managers scale
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Dresang, D. L. (2017). Personnel management in government agencies
Readings and nonprofit organizations. Taylor & Francis.
Nkomo, S. M., Fottler, M. D., & McAfee, R. B. (2011). Human resource
management applications: Cases, exercises, incidents, and skill
builders (7th ed.). Cengage Learning.
Riccucci, N. M., Naff, K. C., &Hamidullah, M. F. (2019). Personnel
management in government: Politics and process. Routledge.
Stevens, G. E. (1996). Cases and exercises in human resource
management. McGraw-Hill/Irwin.
88
Unit-3 Learning and HRD
3.1 The forces influencing working and learning
3.2 Learning Theories
3.3 Implications of learning theories for effective HRD
programs
Unit-4 Training Program Design
4.1 The design process
4.2 Preparing a lesson plan
4.3 Training design work street
4.4 Preparing training materials
4.5 Scheduling the training program
4.6 Implementing the training program
4.7 Program development issues
Unit-5 Transfer of Learning
5.1 Theories of transfer
Unit-6 Evaluating HRD Programs
6.1 Importance of evaluation
6.2 Evaluation process
6.3 Training outcomes
6.4 Determining R.O.I
Unit-7 Training Delivery
7.1 Traditional training methods.
7.2 Importance of training administration
7.3 Training administrative sequence
Unit-8 Use of New Technologies in Training
8.1 E- Learning and use of technology
Unit-9 Special Issues in Training and Development
9.1 Potential legal issues related to training
Unit-10 Cross-cultural Training
10.1 Approaches to employee development
10.2 Comparison between training and development
Unit-11 The Future of Training and Development
11.1 A vision of an evolving future for the training function
11.2 What does today’s trainer need to do?
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Harris, D. M., &DeSimone, R. L. (2001). Human resource development
Readings (3rd ed.). Thomas Nelson and Sons Ltd.
Noe, R. A. (2010). Employee training and development (5th ed). Irwin
McGraw-Hill.
Noe, R. A., &Kodwani, A. D. (2018). Employee training and development.
(7th ed). McGraw-Hill Education.
Pace, R. W. (1991). Human resource development: The field. Prentice
Hall.
Stewart, J., &McGoldrick, J. (1996). Human resource development:
Perspectives, strategies and practice. Pitman.
89
Werner, J. M., &DeSimone, R. L. (2011). Human resource
[Link] Learning.
91
6.4 Examine the special problem areas of taxation, valid
international living cost data and the challenge of
managing compensation among parent-country
nationals, host-country nationals, and third-country
nationals
6.5 Examine the recent developments and global
compensation issues.
Unit-7 HRM in the Host Country Context
7.1 Identify and discuss drivers that shape the interplay
between global standardization and localization of HR
practices in the multinational context
7.2 Standardization drivers such as MNE strategy and
structure, maturity and age, and corporate culture
7.3 Localization drivers such as the host country’s cultural
and institutional environment, the mode of operation
and subsidiary role
7.4 Outline measures which support the development of a
balance of globalization and localization of HRM
7.5 Address business ethics and the global code of conduct
7.6 Discuss strategic importance of off shoring and
implications for IHRM
Unit-8 International Industrial Relations
8.1 Cross-cultural difference in industrial relations and
collective bargaining
8.2 Discuss key issues in industrial relations and the
policies and practices of multinationals
8.3 Examine the potential constraints that trade unions may
have on multinationals.
8.4 Outline key concerns for trade unions.
8.5 Discuss recent trends and issues in the global workforce
context.
8.6 Discuss the formation of regional economic zones such
as the European Union, and impact of opponents to
globalization.
8.6 Transition of the organized labor in emerging markets
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Ayentimi, D. T., Burgess, J., & Brown, K. (2018). A conceptual
Readings framework for international human resource management research
in developing economies. Asia Pacific Journal of Human
Resources, 56(2), 216-237.
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Dowling, P. (2008). International human resource management:
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Dowling, P. J., Festing, M., & Engle, A. D. (2019). International human
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resource management (7th ed). Cengage Learning.
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The Punjab Assembly. (2010). Complete set of labour laws in
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marks)
Suggested Anderson, D., & Ackerman, L. (2010). Beyond change management.
Readings Pfiefer.
Applegate, L. M., Austin, R. D., & Collins, E. (2009). IBM's decade of
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Arnell, P. (2010). Country manager for Italy: Case study. Harvard
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Graetz, F. (2000). Strategic change [Link] Decision,
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Kotter, J. P. (1996). Leading change. Harvard Business Press.
Kotter, J. P. (2001). What leaders really do? Harvard Business Review,
79(11), 85-98.
Kotter, J. P. (2008). A sense of urgency. Harvard Business Press.
Kotter,J.P. (2009). Leading change:Why transformation efforts fail. IEEE
Engineering Management Review, 37(3), 42-48.
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Practitioner, 49(2), 26-35.
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change (10th ed.). Cengage learning.
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100
2.2 Analysis techniques for Recruitment & Selection
2.3 Competency based model
Unit-3 Attracting the right person
3.1 Recruitment Methods
3.2 Marketing the Job
Unit-4 The information needed to make decisions
4.1 Markov Analysis
4.2 Information flow
4.3 Difficulties in making decisions
4.4 Way of Providing information
Unit-5 Applications: their format and uses
5.1 How to shortlist
5.2 Forms of application
5.3 Screening methods
Unit-6 Interviews
6.1 Forms of interviews
6.2 What works, what does not?
6.3 Assessment centers
Unit-7 Employment Testing
7.1 Application blanks and tests
7.2 Resume analysis
7.3 Reference checking
Unit-8 Integrating Selection Information
8.1 Selection decision analysis
8.2 Selection methods
Unit-9 Personality Tests
9.1 Psychometric testing
9.2 Aptitude tests
Unit-10 After the Offer
10.1 Making win/win decisions
10.2 Making an offer of employment
10.3 Negotiations after offer
10.4 Providing feedback
Unit-11 Decision-Making
Unit-12 Evaluating the Decisions
Teaching & A combination of lecturing, presentations, and discussions will be used to
Learning conduct the course. Students will be expected to read extensively ahead of
Strategies each class session and actively participate in discussions and practical
work.
Assignment Written assignment (10 marks), presentation (5 marks) and Quiz (10
marks)
Suggested Dale, M. (1995). Successful recruitment and selection: A practical guide
Readings for managers. Kogan Page Limited.
Dale, M. (2003). A manager's guide to recruitment & selection. Kogan
Page Publishers.
Hmoud, B., & Laszlo, V. (2019). Will artificial intelligence take over
human resources recruitment and selection? Network Intelligence
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Ristic, M. R., & Qureshi, T. M. (2019). Recruitment and selection
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101
and expectations (pp. 75-98). FMK publishing.
Rozario, S. D., Venkatraman, S., & Abbas, A. (2019). Challenges in
Recruitment and Selection Process: An Empirical
Study. Challenges, 10(2), 35-44
103
Seidel, M. L., Polzer, J. R., & Stewart, K. J. (2000). Friends in high places:
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Stewart, G. L., & Brown, K. G. (2019). Human resource management.
John Wiley & Sons.
104
Learning.
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Slater, R. (2010). People management: Collins Business Secrets. Harper
Collins.
105