Postgraduate Programs

PhD Management Sciences

Program Educational Objectives: 

PEO1: To develop conversant graduates through management sciences research to meet local and global needs of the Academia & Industry

PEO2. To equip graduates with scientific, critical, innovative thinking, and practical skills that will help to generate novel ideas and solutions for basic & applied real-world management problems 

PEO3. To improve the quantitative and qualitative problem-solving proficiencies of teachers and professionals

Program Learning Outcomes:

PLO1. Demonstrate an in-depth knowledge of leadership and management sciences research. (PEO 1, PEO2) PLO2. Ability to systematically review, analyze, and interpret the scientific literature and innovations in the areas of management sciences. (PEO1, PEO 2)

PLO3. Ability to conduct high-quality basic & applied research and effectively disseminate the research outputs in international research journals of repute, conferences, seminars, patents, research proposals, and other scientific venues. (PEO 2, PEO 3)

PLO4. Contribute to original research to broaden the boundary of knowledge through dissertations. (PEO2, PEO 3)

1st Semester 

 

 

1

MGT-7084

Academic Writing & Design

(3-0-3)

2

MGT-7081

Philosophy in Management Sciences      

(3-0-3)

3

-

Elective-I

(3-0-3)

4

-

Elective-II

(3-0-3)

                                    

                        Total 1st Semester Cr.Hrs

12

  2nd Semester

 

 

5

MGT-7082

Advanced Quantitative Tools and Techniques

(3-0-3)

6

MGT-7083

Advanced Qualitative Tools and Techniques

(3-0-3)

7

-

Elective-III

(3-0-3)

8

-

Elective-IV

(3-0-3)

                                  

                    Total 2nd Semester Cr.Hrs

12

  3rd Semester              Comprehensive Exam

 

 

  4th–6th Semester         Thesis                                                                                   

30

 

Total Credit Hours                                                                                                    

54

 

Course outlines:

Academic Writing and Research Design  

The course offers an overview of the important research design concepts, data collection, statistical and interpretative analysis, and final report presentation. It will help scholars conduct rigorous academic research and express their ideas in a coherent academic format. The course contents will familiarise scholars with the language of research, ethical principles and challenges, and the research process elements within the quantitative, qualitative, and mixed methods approach. Moreover, they will understand the dos and don'ts of writing important sections of a dissertation and journal papers. They will learn to present their ideas clearly and develop a proper structure and discourse for academic research design and writing. Students will use these theoretical underpinnings to critically review the literature relevant to their field of interest and determine how research findings are useful in forming their understanding of their local and global environment.

 

Recommended books: 

Abbott, M. L., & McKinney, J. (2013). Understanding and applying research design. John Wiley & Sons.

Jogulu, U. D., & Pansiri, J. (2011). Mixed methods: A research design for management doctoral dissertations.

Management research review.

Oshima, A., & Hogue, A. (2007). Introduction to academic writing (p. 3). Pearson/Longman.

 

2. Philosophy in Management Sciences

This course focuses on philosophical approaches to understanding organizations and their management. The module will consist of three interrelated themes. The first will comprise the attempt to familiarize students with the essential problems at the heart of the philosophical debate and expose them to different ways of dealing with them. The second theme will be organized around contemporary schools of thought and thinkers (e.g., logical positivism and Foucault), and founding intellectual fathers of economic thought (e.g., Marx). During these sessions, students will be utilizing various philosophical lenses to make sense of organizational phenomena, gain a better grasp of the intellectual origins of our extant understandings, and critically reflect upon taken-for-granted views about managing. The final theme will concentrate more sharply on organizational settings by studying how advances in organizational theory have afforded important philosophical insights into organizations and (the possibility of) their management. 

Recommended Books: 

Wren, D. A., & Bedeian, A. G. (2020). The evolution of management thought. John Wiley & Sons.  Lounsbury, M. (2011). Philosophy and organization theory. Emerald Group Publishing. 

 

3. Advanced Quantitative Tools and Techniques

This course focuses on developing students' technical skills and knowledge in quantitative research and prepares them to be proficient researchers and consumers of empirical research. It will guide students on critically assessing primary quantitative research methods, making the right decision to use the most appropriate statistical analysis methods for research questions of interest, and carrying out practical research activities. The course will introduce students to various advanced quantitative statistical techniques along with the appropriate statistical software packages. The course will focus on the processes, methods, and tools of conducting quantitative research, how to present the findings of quantitative research, and how to deal with the challenges of doing quantitative research.  

Recommended books: 

Stacey, R. D. (2012). Tools and techniques of leadership and management: Meeting the challenge of complexity. Routledge.

Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2012). Quantitative Methods for Business (Book Only). Cengage Learning.

David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran (2016). Quantitative Methods for Business. Cengage Learning.

 

4. Advanced Qualitative Tools and Techniques

This course aims to offer students a broader and deeper knowledge of qualitative research: Philosophy, Design, and Analysis. Qualitative research relies on diligent observations, individual interviews, focus groups, and action research to collect data to gain a rich understanding of a specific phenomenon under investigation. It is interested in the participants' perspective and their meaning to their experience of events and examines how those experiences are framed. It focuses on applying qualitative research methods in organizational contexts, emphasising qualitative methodology. The course will focus on the process, methods, and tools of conducting qualitative research, how to present the results of qualitative research, and how to deal with the challenges of doing qualitative research.  

Recommended books: 

Symon, G., & Cassell, C. (Eds.). (2012). Qualitative organizational research: core methods and current challenges. Sage.

Myers, M. D. (2019). Qualitative research in business and management. Sage.

 

Marketing (Elective Courses)

1. Strategic Services Marketing  

This course will help students learn the fundamentals of services marketing from a practical perspective. This course will focus on customer needs, which are the most important factors to consider while making business decisions. To keep happy and delightful long-term relationships with customers, students must understand services marketing from multiple perspectives. This course will also be useful if students wish to establish a new service business or manage an existing one. Moreover, the course will focus on theoretical paradigms, methods, tools, and challenges of conducting Strategic Services Marketing research.

Recommended Books:            

Adhikari, A., & Roy, S. K. (Eds.). (2017). Strategic marketing cases in emerging markets. Springer.

Zeithaml, V. A., Bitner, M. J., & Gremler, D. D. (2018). Services marketing: Integrating customer focus across the firm. McGraw-Hill Education,

Dixit, S. K. (Ed.). (2017). The Routledge handbook of consumer behaviour in hospitality and tourism. Taylor & Francis.

 

2. Seminar in Marketing 

This course covers contemporary research in the marketing management area, including topics such as consumer and industrial product development and management, advertising and sales promotion management, pricing, distribution, and retail issues, sales management, and personal selling, as well as the philosophies and methods relevant to applied managerial research. This course aims to develop a high level of understanding and a critical analytic perspective across a diverse range of marketing scholarship by focusing on conceptual, theoretical, and substantive research findings found in the academic research literature in marketing. The course will emphasise theory construction and theory development in several substantive marketing domains, focusing on selected managerial marketing topics. 

Recommended Books:

Szmigin, I., & Piacentini, M. (2018). Consumer behaviour. Oxford University Press.

 

3. Marketing Research 

This course will introduce scholars to the realm of marketing intelligence and the significance of data to marketers as well as to companies as an important foundation for planning marketing activities towards the creation of value for the firm. The course offers a comprehensive approach to contemporary marketing research principles and practices towards gathering, acquiring, appraising, and applying evidence for appropriate decision making. It will provide students with a background in research methods, procedures, and issues related to extracting marketing insights. It helps students understand commonly used research methods and experience in interpreting multiple research information sources and extracting actionable insights. Students will become equipped with a knowledge of the principles of sampling and basic data analysis for marketing research.

Recommended Books:            

Malhotra, N. K., Nunan, D., & Birks, D. F. (2017). Marketing research: An applied approach. Pearson Education Limited.

 

4. Research in Retail Supply Chain Management

This course's focus is the underlying principles, theories, and debates in retail supply chain management. As retailers have become more powerful members of their supply chains, retail-specific supply chain management research has become more prevalent in the literature. Subject topics may include but will not be restricted to retail sales and order forecasting, inventory management, and store execution issues. The course will help students develop the ability to understand essential concepts and apply that understanding were applicable. This will help students develop a high understanding and a critical analytic perspective across a diverse range of conceptual, theoretical, and substantive research findings. The course will emphasise theory testing and development, focusing on Retail Supply Chain Management. 

 


 

Recommended Books:

Leeman, J. J. (2020). Supply Chain Management: Fast, Flexible Supply Chain in Manufacturing and Retailing-. BoD–Books on Demand. 

 

5. Current Issues in Retailing

This course will introduce and problematise current issues in retailing and provide insights and concrete tools to handle those issues. It aims to make students familiar with and interested in contemporary marketing challenges that retail companies face when doing business in the local or international marketplace. It will help students conceptualise frameworks and practical experiences to analyze and understand global retailing issues. After studying this course, students will be able to describe and explain the theories, concepts, and models used in retailing as well as understand the complexities involved in managing retailing across nations. They will be able to apply these theories, concepts, and models to analyze and suggest solutions to problems arising from operating a retailing firm in an international arena.

 

Recommended Books:

Foglieni, F., Villari, B., & Maffei, S. (2017). Designing better services: a strategic approach from design to evaluation. Springer.

 

6. Behavioural Research in Marketing 

This course covers contemporary research in Marketing that draws on fundamental research from social and cognitive psychology or other relevant source disciplines. The course's alternate offerings cover either research on consumer attitudes and information processing or research on consumer choice and behavioural decision-making, among other related topics. Publications from academic journals will be discussed and critiqued by participants, paying attention to theoretical and methodological issues. It will help students understand the underlying research and paradigms and apply them to real-world research problems. 

 

Recommended Books:

Gravetter, F. J., & Forzano, L. A. B. (2018). Research methods for the behavioral sciences. Cengage Learning.

 

7. Quantitative Research in Marketing: Empirical Methods

This course will focus on the main empirical research methods in marketing and will cover both theory and practice. It will help students understand the application of theoretical concepts for practical issues. After the course, students should be able to apply all methods covered in the course. This course will also focus on software tutorials. At the end of the course, the students will be able to demonstrate an understanding and application of quantitative techniques to a range of problems in Finance. 

 

Recommended Books: 

Malhotra, N. K., Nunan, D., & Birks, D. F. (2017). Marketing research: An applied approach. Pearson Education Limited.

 

8. Advertising Research

The design and implementation of effective advertising and media strategies require careful evaluation. The course Advertising Research provides students with an overview of the methods and techniques used to evaluate advertising effectiveness and research consumer responses to advertising more generally. Employment in advertising research requires particular expertise and is an area of growing employment demand. This course expands and introduces core concepts in advertising research and understands quantitative and qualitative research techniques employed in advertising research.  

 

Recommended Books:

De Mooij, M. (2018). Global marketing and advertising: Understanding cultural paradoxes. Sage.

 

9. Industrial Marketing and International Business

The course is focused on students with a particular interest in international business marketing and development. There are two main parts of the course. The first part deals with industrial marketing, which involves corporate purchasing behaviour and business channel management. The second section offers and introduces significant theories and developments in international business. The course will address the key challenges that companies face as they grow their business globally, and after studying this course, students will be able to apply these fundamental concepts to contemporary research issues in industrial marketing and international business. 

 

Recommended Books:            

Rizomyliotis, I., Konstantoulaki, K., & Kostopoulos, I. (2017). Business-to-business marketing communications: Value and efficiency considerations in recessionary times. Springer.

 

Human Resource Management (Elective Courses)

 

1. Contemporary HRM Issues in the 21st Century 

This course aims to give a broad overview and knowledge of the contemporary issues that exist within the Human Resource Management (HRM) context across a global workplace. It will help students recognize the key emerging issues associated with Human Resource Management and evaluating what challenges these issues pose to our existing understanding of the literature and theory. It will help them examine individual and organizational strategies and approaches in coping with contemporary and emerging HR issues as well as critically analyzing their practical implications for organizations and employees. Topics may include psychological contracts, career management, HRM and the service sector, mental health and wellbeing at work, drug and genetic testing, work designs, and ethical practices.

 

Recommended Books:

Holland, P. J. (Ed.). (2019). Contemporary HRM Issues in the 21st Century. Emerald Publishing Limited.

Turkmenoglu, M. A., & Cicek, B. (Eds.). (2020). Contemporary Global Issues in Human Resource Management. Business Science Reference

 

2. Contemporary Issues in Leadership and Organizational Development

This course addresses leadership and leadership development as processes directed towards organizational development, professional development, group development, personal development, identity formation, and how to manage and support such processes. Leadership development will be analyzed and discussed from different perspectives of the most prominent leadership theories and research. The readings will include a mixture of classic and contemporary papers that are both theoretical and empirical. Through the readings, students would gain an understanding of the major theories and research in contemporary issues of Leadership and Organizational development and obtain knowledge and skills to conceptualize and conduct research. 

 

Recommended Books:

Harrison, C. (2017). Leadership theory and research: A critical approach to new and existing paradigms.

Springer.

Storey, J. (2016). Leadership in Organizations: Current issues and key trends.

 

3. Negotiation and Conflict Management

Negotiation and conflict management are common occurrences in workplaces and our personal lives because people see things from different perspectives and do not always agree with one another. Research indicates that conflict, contrary to general belief, is not always dysfunctional. Where properly managed, conflicts can lead to positive outcomes, such as improved understanding, better alternatives, and increased satisfaction. Thus, this course presents negotiation theory as well as the strategies and styles within an employment context. In addition to the theory and exercises presented in class, students will cover a range of topics, including challenging situations such as cross-cultural mentoring, first and third-party conflict negotiations, and investigations to assist the systematic change because of a dispute. Students will be introduced to theoretical paradigms and underpinnings used in negotiations and conflict management research at the workplace.

 

Recommended Books:

Menkel-Meadow, C., Schneider, A. K., & Love, L. P. (2020). Negotiation: processes for problem solving. Wolters Kluwer.

Budjac Corvette, B. A., Glasgow, H., Fisher, R., & Ury, W. (2007). Conflict management: A practical guide to developing negotiation strategies. Upper Saddle River^ eNJ NJ: Pearson Education, Inc..

Olekalns, M., & Adair, W. L. (Eds.). (2013). Handbook of research on negotiation. Edward Elgar Publishing.

 

4. Recruitment and Selection

In a highly competitive business world, an organization's staff can determine whether a company profits or perishes. This course presents recruitment and selection (R&S) as an essential component in recruitment planning. The role of recruitment and selection is examined in relation to an organization's overall profitability or viability. Through a blend of theory and application, the course introduces students to a wide range of issues, principles, practices, and trends in recruitment and selection. This course is intended to provide students with an understanding of recruitment and selection methods and processes as well as allow them to develop a critical approach to R&S and HRM. Students will be introduced to theoretical paradigms and underpinnings used in investigating the recent recruitment and selection workplace challenges.

 

Recommended Books:

Carrie A. Picardi (2019). Recruitment and Selection. Strategies for Workforce Planning & Assessment. Sage Publishing.

Compton, R. L. (2009). Effective recruitment and selection practices. CCH Australia Limited. Roberts, G. (1997). Recruitment and selection. CIPD publishing.

 

5. Contemporary issues in Compensation Management

Compensation and reward systems are key contributors to organizational effectiveness. In this course, students will learn how such systems operate to attract, retain and motivate a competent workforce. Further students will gain an understanding of how to assess reward systems in terms of the criteria of equity and cost-effectiveness and how to assess and diagnose compensation management issues and problems and develop appropriate solutions. Moreover, emphasis will be given to the theoretical and practical implications of this function for organizations. Students will be introduced to a wide range of issues, practices, and trends in compensation management which will help students develop a critical approach to remuneration and benefits management in organizations.

 

Recommended Books:

BERGER, L. A., & BERGGER, D. R. (2020). The compensation handbook. A state-of-the-art guide to compensation strategy and design.

Upadhyay, S. S. (2009). Compensation management: Rewarding performance. Global India Publications. Bhattacharyya, D. K. (2009). Compensation management. Oxford University Press.

 

6. Theory and Research in Strategic Management

This course focuses on helping scholars develop an understanding of the theoretical underpinnings of strategic decision-making for business organizations. It further explores other areas of academic interest and their interactions with the strategic management of the organization. A natural outcome of the content of this course is to help students understand how pivotal links are created in managing an overall organization through external adaptation and internal integration. This course will highlight the dynamics of industry forces and focus on fostering growth and sustaining competitive advantage by aligning resources and strategies in a coordinated, synergistic, and integrated manner.

 

Recommended Books:

Lasserre, P. (2017). Global strategic management. Macmillan International Higher Education.

David, F. R., David, F. R., & David, M. E. (2013). Strategic management: Concepts and cases: A competitive advantage approach. Upper Saddle River: Pearson.

 

7. Micro Topics in Organizational Behavior

Micro Topics in Organizational Behavior is a Ph.D. seminar course exploring current and seminal research on individual, dyadic, small group, and intra-organizational behavior. The readings will include a mixture of classic and contemporary papers that are both theoretical and empirical. Through the readings and course requirements, students would gain an understanding of the major theories and research in Organizational Behavior and obtain knowledge and skills to conceptualize and conduct research in Organizational Behavior.

Examples of topics at the individual level include emotions, cognition, and behavioral decision-making. Examples at the dyadic level include social perception and bias. Group-level topics include teams and multiparty decision making. Topics at the intra-organizational level include culture and gender.

 

Recommended Books:

Baykal, E. (Ed.). (2019). Handbook of research on positive organizational behavior for improved workplace performance. IGI Global.

Nahavandi, A., Denhardt, R. B., Denhardt, J. V., & Aristigueta, M. P. (2013). Organizational behavior. Sage Publications.

Miner, J. B. (2005). Organizational Behavior: Essential theories of motivation and leadership. one (Vol. 1). ME Sharpe.

 

8. Macro Topics in Organizational Behavior

This course covers classical and key contemporary works in organization theory and surveys the main paradigms that are now active in the field. It draws on disciplinary roots in (alphabetically) economics, political science, psychology, and sociology to explain the origins, persistence, and disappearance of the institutional structures that order economic life (organizations, firms, networks, markets, and others). Students will read some of the classic statements of the major approaches and trace the history of ideas as the field has developed up to the present. Examples of topics include contingency theory, resource dependence, network approaches, institutional theory, social movements, and organizations, etc. 

 

Recommended Books:

Van Wormer, K., & Besthorn, F. H. (2017). Human behavior and the social environment, macro level: Groups, communities, and organizations. Oxford University Press.

Smith, W. K., Jarzabkowski, P., Lewis, M. W., & Langley, A. (Eds.). (2017). The Oxford handbook of organizational paradox. Oxford University Press.

Nahavandi, A., Denhardt, R. B., Denhardt, J. V., & Aristigueta, M. P. (2013). Organizational behavior. Sage Publications.

Wagner III, J. A., & Hollenbeck, J. R. (2014). Organizational behavior: Securing competitive advantage. Routledge.

 

9. Meso Organizational Behavior

This course will introduce research scholars to the simultaneous study of multiple levels of organizational behavior. This class intends to build their scholarly abilities by exposing them to a wide range of topics related to meso research. Their ability to understand, develop, and extend theory will be enhanced by an enriched understanding of the mechanisms that connect variables, particularly mechanisms that bridge levels of analyses. This class surveys many different types of mechanisms, collective constructs, and areas of crosslevel research by design. The class topics will first introduce students to mechanisms and meso-level theorizing and then explore these in the context of basic mechanisms related to meaning, emotion, and action, teams, identity, culture, climate, and learning in organizations. 

 

Recommended Books:

Champoux, J. E. (2020). Organizational behavior: Integrating individuals, groups, and organizations. Routledge.

Finance (Elective Courses)

 

1. Derivative Pricing and Theory

This course focuses on helping students understand the derivate pricing and underlying theory by introducing students to a wide range of issues, principles, practices, and trends of these mechanisms. They will develop an understanding of the Black-Scholes model's application to the range of derivative securities encountered in the market and the term structure of interest rates. Links between derivative prices and underlying theory will be examined as well, as the discrepancies between the Black-Scholes model and market data will be described and analyzed along with other alternative models. This course is tailored for research students with quantitative and Finance backgrounds, and the goal of this course is to help students understand the valuation of a derivative option in financial markets. After this course, students will derive analytical solutions for some basic options and be expected to grasp essential numerical tools for derivatives pricing, such as the Monte-Carlo method, finite difference method, etc. 

 

Recommended books:

John C. HullO (2017). Options, futures and other derivatives, Pearson

 

2. Advanced Behavioral Finance

This course is designed to provide an overview of an exciting new and fast-growing area in Finance. This course is intended to complement other finance courses that are primarily based on the traditional paradigm, which assumes that investors and managers are generally rational. Specifically, this course has three key objectives. First, it aims to examine how behavioural finance theories' insights shed light on individual investors and finance professionals' behaviour in investment decision-making and corporate financial decision-making. Second, it explores the possibility to improve investment performance and corporate performance by recognising the cognitive biases and applying appropriate debasing techniques. Finally, it investigates the implications of behavioural Finance for the construction of good corporate governance mechanisms and theory.

 

Recommended books:

Statman, M. (2019). Behavioral Finance: The Second Generation. CFA Institute Research Foundation.

 

3. Quantitative Methods in Finance 

The course aims to provide students with current and advanced quantitative methods being applied in financial research. This course is focused on providing students with an understanding of quantitative methods, processes, and trends in Finance. The course will cover linear and non-linear methods, focusing on regression analysis, panel data analysis, GARCH-family, and Markov regime-switching models. At the end of the course, the students will be able to demonstrate an understanding and application of quantitative techniques to a range of problems in Finance. 

 

Recommended books: 

Asteriou & Hall (2011). Applied Econometrics, Macmillan International Higher Education

Anokye Mohammed Adam, Peterson Owusu (2018). Financial Econometrics: An Example-based Handbook, Nova science

 

4. International Finance

This course aims at providing a solid understanding of international Finance within complex capital markets and corporate governance context. It emphasises finance's managerial perspective for a multinational corporation (MNC). It will focus on two key areas, firstly, the introduction and critical evaluation of the main relevant economic theories, models, and empirical works in key areas of International Finance and secondly, the application of these analytical tools to build an understanding of relevant economic developments and policy issues in the global markets and MNCs. The basic tenets of international Finance are presented through a core textbook, assigned readings, and lectures. 

 

Recommended books: 

Jeff Madura (2020). International Financial Management, Cengage Learning, Inc

 

5. Advances in Islamic Banking and Finance

This course aims to introduce the basic concepts of Islamic banking and finance applied locally and globally. The course will simplify and explain the underlying theories and concepts of the Islamic financial instruments used in the Islamic finance industry and how these concepts are practically implemented. It includes the concepts of finance theories and concepts in the light of Islamic philosophy/ Islamic Sharia'h and the mechanism involved in developing financial products. It will also spotlight the efforts undertaken in Pakistan and other Islamic countries at the state level and the private sector to revamp the overall economy on the universal principles of Shariah and the challenges in the transformation of the economy from the socalled interest-based modes to interest-free transactions. 

 

Recommended books: 

Dilip Mutum, Mohammad Mohsin Butt, Mamunur Rashid (2017). Advances in Islamic Finance, Marketing, and Management: An Asian Perspective, Emeralds

 

6. Finance Theory 

This course focuses on the main developments in finance theory over the past 60 years, investigates gaps in current finance practices, and investigates the need for future developments. The course develops the main theoretical foundations of Finance, including investment decision making, utility theory, portfolio theory, equilibrium asset pricing, arbitrage asset pricing, the term structure of interest rates, option pricing theory, agency theory, performance measurement, corporate governance, and corporate Finance. The course provides the theoretical foundations for subsequent finance research and is intended to provide students with an understanding of the relevant methods, processes, and finance research trends.

 

Recommended books: 

Doron Peleg (2014). Fundamental Models in Financial Theory, MIT press 

Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi (2020), Corporate Finance: Theory and Practice, Wiley

 

7. Advanced Financial Risk Management

Derivative securities are the most rapidly growing area in the global financial market. The purpose of this course is to provide a comprehensive analysis of the properties of options and futures and to offer a theoretical framework within which all derivatives can be valued and hedged. This course provides both theory and a working knowledge of financial derivatives. The theory component covers fundamental pricing principles that apply to various derivative contracts in financial markets. The working knowledge component will cover the main types of derivatives contracts and valuation techniques. The course emphasises the use of derivatives in financial risk management. 

 

Recommended books: 

Donald R. Van Deventer, Kenji Imai, et al. (2013). Advanced Financial Risk Management: Tools and Techniques for Integrated Credit Risk and Interest Rate Risk Management, Wiley   John C. Hull (2018). Risk Management and Financial Institutions, Wiley

 

8. Advanced Empirical Finance

This course provides a concise synthesis of the recent available literature on empirical studies in corporate finance, investments, and asset pricing within a logical and analytical structure. The course will focus on the discussion of estimation methods that can be used to analyze financial models, followed by a description of the time series properties of various financial data. The Scholars will be able to apply such techniques to address practical financial problems.  The most important theoretical models in Finance are then presented and accompanied by an explanation of the available methods for testing theoretical hypotheses.  

 

Recommended books:

Bali, T. G., Engle, R. F., & Murray, S. (2016). Empirical asset pricing: The cross section of stock returns. John Wiley & Sons.

 

9. Advanced Portfolio Management Theory

This course will introduce the scholar to the main theories and practice of investments and portfolio management. The scholars will learn about various investment opportunities, including real and financial assets; the investment environment includes the money and capital markets; the investment process includes identifying goals, data gathering, analysis, etc.; and decision-making under a changing market environment. The material covered will include a selection of assets with special emphasis on securities selection through technical analysis and fundamental analysis, computation of risk and 21return of individual assets, asset allocation and portfolio formation, computation of risk and return of portfolios, measurement of portfolio performance, and rebalancing of portfolios. Also included in the material will be topics such as the "pyramid" approach, forecasting and the use of indicators and, market and industry indexes, models such as the CAPM, bond and stock valuation, mutual funds, domestic versus global investment, etc. To understand the theory and practice aspects of portfolio construction and management, advanced investment topics will be covered throughout the course. 

 

Recommended books: 

Giuseppe A. Paleologo (2020). Advanced Portfolio Management: A Quant's Guide for Fundamental Investors, Wiley

 

10. Emerging Issues in Finance

The introduction of new financial products (e.g., cryptocurrencies), the surge in new investment vehicles (e.g., exchange-traded funds), and the focus on environment-friendly project financing and investment (i.e., green Finance) have brought forth new challenges and issues in Finance. Moreover, the recent COVID crisis has provided new research challenges in Finance. This course will accentuate these issues and their impact on existing financial products. This course will help students understand the contemporary issues in finance and understand their implications to critically analyze current finance practices. 

 

Recommended books: 

Chishti, S., & Barberis, J. (2016). The Fintech book: The financial technology handbook for investors, entrepreneurs and visionaries. John Wiley & Sons.

 

11. Contemporary Issues in Financial Markets 

The course aims to cover recent trends and issues in financial markets. The focus will be on money markets, capital markets, and derivative markets. The course will encompass new advances in these markets and their subsequent impact on the field of Finance. The students will be able to identify new research areas in financial markets. Through a blend of theory and application, the course will introduce students to a wide range of issues, principles, practices, and trends in financial markets so that students can understand and apply this knowledge to contemporary research issues.

 

Recommended books: 

  Madura, J. (2020). Financial markets & institutions. Cengage learning.

a) MS / M.Phil or equivalent relevant business degree with minimum 3.00/4.00 CGPA in semester system or 1st division in the annual system from HEC approved Pakistani or foreign recognized Universities.

b) Applicants with MBA or MS degree without project/thesis can apply for admission to the PhD Management Sciences program. However, preference will be given to students who have completed MBA/MS degree with project/thesis.

c) The applicant must pass NTU-GAT (Subject) test conducted by National Textile University with minimum 70/100 marks. However Applicants who have already valid NTS-GAT (General & Subject), GRE, ETC test score may also apply.

Merit / Admission Criteria

Following criteria will be followed to calculate admission merit:

  1. Interview                                                 20 % 
  2. Publication & Relevant experience     10 % (05% each) *one each upto maximum 05
  3. MS / M.Phil or Equivalent                     70%  

SEMESTER-WISE PAYMENT IN PAK RUPEES

Fee Head1st 2nd3rd4th5th6th
Tuition Fee 30000 30000 21000 21000 21000 21000
Admission Fee 20000 - - - - -
Degree Fee - - - - - -
Certificate Verification Fee 2000 - - - - -
Processing Fee - 5000 - - - -
University Security 5000 - - - - -
Red Crescent  Donation 100 - - - - -
University Card Fee 300 - - - - -
Library Fee 3000 3000 3000 3000 3000 3000
Examination Fee 3000 3000 3000 3000 3000 3000
Medical Fee 2000 2000 2000 2000 2000 2000
Student Activity Fund - - - - - -
Endowment Fund - - - - - -
TOTAL 65400 43000 29000 29000 29000 29000