Second Semester

Third Semester

Fourth Semester

Course Specifications:

BUS-5081: Applied Statistics for Business

Applied Statistics for Business is an important course in the MBA degree and provides opportunities to students to integrate and apply current statistical methods and enquiries to problems in the modern business environment. Topics include probability, sampling techniques, confidence intervals, hypothesis testing, representation of data, Classification and Tabulation, Measures of Central Values, Measures of Dispersion, Simple Correlation, Method of least square and curve fitting, Kinds of Index numbers with special emphasis to consumer price, Discrete and Continuous Random variables. Students analyze real data sets using standard statistical software, interpret the output, and write extensively about the results in business and Commerce.

Recommended book
Applied Statistics in Business and Economics, Latest edition, Doane and Seward, McGraw-Hill.

ACCT-5081: Accounting for Managers

Accounting for Managers is a basic course in MBA which acquaint the students with the fundamental principles of financial, cost and management accounting and enable them to prepare, analyze and interpret financial statements and to take decisions using management accounting tools. It imparts knowledge and skills that are considered essential for managers to operate successfully in the dynamic world. Topics include Accounting Principles, Basic Accounting terms, Journalizing Transactions, Ledger Posting and Trial Balance, Sub-division of Journal , Final Accounts, Preparation of Cost Sheet, Elements of cost, Classification of cost, cost ascertainment, Financial Statement analysis and Interpretations, Ratio Analysis, Classification of Ratios, Fund Flow Statement, Cash Flow Statement, Budgetary Controls, Program Budgeting, Performance Budgeting, Responsibility Accounting, Zero Based Budgeting, Standard costing as a management tool, Standard Cost sheet, Cost variance, Direct Material Cost Variance, Direct Labor Cost Variance, Overhead Cost Variance, Absorption Costing, Marginal Costing and direct costing, Differential costing, Cost-volume profit Analysis, Break Even Analysis.

Recommended book
Accounting for Managers: A Business Decision Guide by Steven M. Bragg, Accounting Tools, Latest Edition
Accounting For Managers by Jelsy Josheph Kuppapally, PHI, Delhi, Latest Edition

ECON-5081: Business Economics

Business Economics is the study of the financial issues and challenges faced by corporations. It deals with issues such as business organization, management, expansion, and strategy. It will expose students to basic Microeconomics Concepts and inculcate an analytical approach to explain various basic economic theories. The course will stimulate the student’s interest by showing the relievable economic theories and enable them to apply reasoning to problems of business. Topics include Economic rationale of optimization, Nature and scope of business economics, Macro and Microeconomics, Basic problems of an economy, Marginalism, Equimarginalism, Opportunity cost principle, Discounting principle, Risk and uncertainty, Theory of utility, cardinal and ordinal utility theory, law of diminishing marginal utility, law of Equimarginal utility, indifference curves, consumer equilibrium, consumer surplus, Theory of Consumer Behavior The indifference curve approach, Different concepts of demand, demand curve, Determinants of demand, Law of demand, Demand forecasting methods, Market equilibrium, Concepts of elasticity, Concept of supply curve, Conditions of supply, Elasticity of supply, Economies of scale and scope, The production function, Short-run and Long-run production function, law of diminishing returns and returns to scale, Fixed, variable and other cost concepts, least cost-input combination, Relationship between production and cost, Pricing in different Market Structures, Price determination (long run and short run) in Perfect Competition, Monopoly, Monopolistic and Oligopoly markets, pricing strategies.

Recommended book
Economics by Paul Samuelson and William D. Nordhans Latest Edition, McGraw Hills.

MGT-5081: Management and Organizational Behavior

This course approaches management as a process of reaching organizational goals by working with and through people and other resources. Organizations are treated as dynamic entities affected by individual and group behavior as well as structural and environmental factors. International as well as domestic situations will be examined. This will provide Students a basic theoretical and practical framework for understanding the fields of management and organizational behavior with relevant organizational examples so that even students without “real life” organizational experience can recognize the relevance and provide exposure to career preparation in field of management.

Recommended book
Essentials of Contemporary Management by Jones & George, Connect, Latest Edition.

MKT-5081: Marketing Management

The course is an introduction to the language and issues of marketing with an emphasis on learning to develop responsive marketing strategies that meet customer needs. The course focuses on basic marketing concepts, the role of marketing in the organization, and the role of marketing in society. Topics include market segmentation, product development, promotion, distribution, and pricing. Other topics, which will be incorporated into the course, are external environment (which will focus on integrative topics with marketing, such as economics, politics, government, and nature), marketing research, international/global marketing with relevance to cultural diversity, ethics, the impact of technology on marketing, and careers in marketing.

Recommended book
Marketing Management by Philip Kotler, Kevin Lane Keller, Pearson International edition Pearson one series Pearson Prentice Hall, Latest Edition

FIN-5082: Finance for Managers

Finance for Managers equips students with essential concepts to understand and predict the financial implications of managerial decision making. It provides framework to help interpret and analyze financial statements and understand how business decisions are reflected in financial reports. Students will be equipped with analytical techniques for project analysis, they will learn to allocate resources more optimally and understand financial markets and their role in capital raising and monitoring. Topics include Introduction to finance and the time value of money (TVM), interest rates, Risk and return, Capital investment analysis, cash flow estimation, risk and the cost of capital, Capital structure and payout policies.

Recommended book
Finance for Nonfinancial Managers, by Gene Siciliano, 2nd Edition, McGraw-Hill, Latest Edition

ECON-5082: Managerial Economics

Managerial Economics is the use of economic tools and analytic approaches in order to examine how a firm can make optimal managerial decisions given the constraints it faces. The main objective of this course is to equip students with the necessary theory and techniques and the ability to apply them in order to inform and enhance managerial decision making and to develop an economic perspective that is appropriate for managing business units or entire companies in a wide variety of industries. Topics include goals of the firm, optimization techniques, demand theory and estimation, forecasting and measurement, theory of production and estimation, cost theory and estimation, pricing and output determination under different market structures, game theory, and pricing in practice.

Recommended book
Managerial Economics, by Keat, P., Young, P.K. and Erfle, S., Latest Edition, Prentice Hall,
Managerial Economics & Business Strategy by Michael R. Baye, Latest Edition, McGraw-Hill

FIN-5083: Introduction to Fintech

This course introduces students to the dynamic and evolving field of Financial Technology (FinTech). The course covers the fundamentals of FinTech, its impact on the global financial services industry, and explores the latest trends and innovations in the field.

Recommended book
Global Fintech: Financial Innovation in the Connected World, by Shrier., David L., and Pentland, Alex., latest edition, MIT Press
FinTech: Finance, Technology and Regulation by Ross P. Buckley., Douglas W. Arner., and Dirk A. Zetzsche, latest edition, Cambridge University Press.

FIN-5082: Financial Reporting and Analysis

The Financial Reporting and Analysis Course guides Students through the core principles and practical applications and make them able to read, understand, interpret and analyze general purpose financial reports, understand differing accounting policies and their impact on financial statements, evaluate different types of performance measurement systems in accounting and commonly used financial control systems, demonstrate knowledge of management accounting concepts and techniques; and make sound financial decisions in real world settings. The topics include Income Statement: the key aspects of revenue and expense recognition, calculation EPS and DEPS, distinguish between operating and non-operating components of the Income Statement, and much more. Balance Sheet : the specifics of the major current & non-current assets and liabilities, as well as how to evaluate the liquidity and solvency positions of a company. The Cash Flow Statement :how to construct a Cash Flow Statement, how to convert cash flows from the Indirect method to the Direct approach, what is the difference between FCFF and FCFE, etc. Financial Ratio Analysis: we will tackle several categories of financial multiples with practical examples and challenges, aiming to reinforce what you have learned. Financial Reporting for Specific Items: this is where you’ll examine Inventory, PP&E, Leases, and other relevant items in more detail.

Recommended book
Financial Reporting and Analysis: Using Financial Information by Charles H Gibson 11th Edition, McGraw-Hill

BUS-5082: Business Analytics

Business Analytics is a modern course that uses data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions. It is more than just analytical methodologies or techniques used in logical analysis. It is a process of transforming data into actions through analysis and insights in the context of organizational decision making and problem solving. Topics include a range of activities that consists of business intelligence, standard and ad hoc reports, queries, alerts and quantitative methods, statistical analysis, forecasting/ extrapolation, predictive modeling (such as data mining), optimization and simulation.

Recommended book
Business Analytics: Data Analysis and Decision Making by. S. Christian Albright, Wayne L. Winston, Latest Edition, Cengage Learning Asia

MGT-5082: Managing Human Resource

Human Resource Management links people-related activities to business strategy. The course develops a critical understanding of the role and functions of the various human resource activities in an organisation, providing students with a comprehensive review of key HRM concepts, techniques and issues. Topics include job analysis and design, recruitment and selection, evaluation, performance management, occupational health and safety, and the strategic contribution of HRM to organisational performance and evaluating HRM effectiveness. Working with contemporary case studies, students not only engage in collaborative and individual work processes but use communication and discourse characteristic of the HRM context and environment.

Recommended book
Managing human resources, by Gomez-Mejia, Luis R. | David B. Balkin | Robert L. Cardy, PHI Learning Private Limited (New Delhi)

MGT-6081: Cases in Management

Cases in Management is an important course in the MBA degree and provides opportunities to students to integrate and apply business education to solve important problems. This course will require students to work in groups to come up in classes after proper case preparation to contribute in making discussion in case classes richer.

Recommended book
The Case Study Handbook, Revised Edition: A Student's Guide by William Ellet 2nd edition (2018), Harvard Business Review Press

MGT-6081: Operations and Supply Chain Management

Operations and Supply Chain Management is concerned with the design, planning and management of all facilities, processes and activities required to transform resources into goods and services within and between organizations. It is applicable to all types of organizations including manufacturers, retailers, hospitals, tourism sector, banks and even many clubs and non-profit organizations.
This course is designed to provide the student with an understanding of the foundations of the operations function in both manufacturing and services. The course will analyze operations from both the strategic and operational perspectives and highlight the competitive advantages that operations can provide for the organization. The goal of the course is to help students become effective managers in today’s competitive, global environment. The course will examine operations as a competitive weapon, demand forecasting, supply-chain management, aggregate planning, inventory systems, just in-time systems, material requirements planning and lean systems.

Recommended book
Operations and Supply Chain Management by F. Robert Jacobs and Richard Chase, 15th Edition, McGraw-Hill Education

1. A candidate must have 16 years or equivalent relevant/non-relevant education from HEC recognized University / Institute with minimum 2.00/4.00 CGPA in semester system or 50% in annual system.
2. The applicant must pass NTU-GAT (General) / HAT general test with minimum 50/100 marks prior to apply.
3. The applicant must not be already registered as a student in any other academic program in Pakistan or abroad.
4. Result waiting applicants may apply for admission, however their merit will be finalized only on submission of final BS/M.Sc or equivalent official transcript or degree.
5. Relevant Admission Committee will determine relevancy of terminal degree and decide deficiency course/s (if any) at the time of admission interview, the detail of which will be provided to the student in his/her admission letter/email.
6. Deficiency course/s will be treated as non-credit and qualifying course/s for which student will also pay extra dues as per fee policy. Those course/s will neither be mentioned in student’s final transcript nor will be included for calculation of CGPA. However, the student may obtain his/her a separate transcript for completion of deficiency course/s.

Merit Criteria:

Admission merit list will be prepared according to the following criteria.

Note:

1. Tuition Fee will increase @ 2.5% Per Annum in Subsequent Years.
2. The security deposit is against breakage and/or any other damage caused by the students.
3. The security deposit is refundable within two year after the completion of degree or leaving the University without completion or expulsion from the University. After Two years all the unclaimed securities will be forfeited.
4. If any student fails to submit semester dues till sixth week from the commencement of semester then the student's admission will be cancelled. Student may sit in mid exam after the payment of re-admission fee of Rs.15,000/- long with semester dues

HEC National Fee Refund Policy

Application for a refund of Fee can be made by completing the appropriate form and submitting the proof of payment.

REFUNDABLE FEE:

Tuition Fee:

The Refund of Tuition Fee is Subject to the following schedule:

Note: The timelines for refund of tuition fee are inclusive of the weekends.

Library Fee:

The library/digital library fee is completely refundable.

Transport Fee:

The transport fee is 100% refundable minus (-) the days a student has availed of that facility(es).

Security/Deposit Fee:

This fee is refundable after deductions are made for the damage/loss (if any) caused by the student.

Examination Fee:

The fee submitted as an examination fee is completely refundable.

Fee for Curricular/Co-Curricular Activities:

The Curricular/co-curricular, extra-curricular, fee is 100% refundable minus (-) the days a student has availed of that activity(es).

NON-REFUNDABLE FEE:

Admission Fee and Registration/Application Fee are non-refundable.

Certificate Verification Fee, Card Fee, Red Crescent Fund, Medical Examination Fee, Exhibition Fee and Endowment Fund are also non-refundable.

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