Department of Management & Social Sciences

Course Description and CLOs

Course Description

This course explores fundamental principles and techniques underlying the financial reporting for business organizations. The course also seeks to develop an understanding of the importance of the role of accounting in today’s business organizations. The major topics of the course include accounting and its importance, an introduction to generally accepted accounting principles (GAAPs), use of journals, ledgers, trial balance, the recording process of financial transactions, preparation of basic financial statements for various business organizations, processes of adjusting and closing of accounts, accounting for trading organizations, introduction to accounting and cash management systems, accounting for long-term assets, use of accounting software for recording and reporting of business transactions.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Discuss basic accounting assumptions and users of financial accounting reports.
2. Outline the institutional and regulatory environment related to business accounting practices.
3. Apply financial recording procedures to a wide range of business transactions.
4. Record financial information in general journal, ledgers, and trial balance to complete accounting cycle.
5. Prepare balance sheet, income statement, and cash flow statement.

Course Description and CLOs

Course Description

This course discusses the knowledge about management of organizations by understanding the principles of management that have general applicability to all types of enterprises; major topics are basic management philosophies, decision making; organizational culture, micro and macro environmental factors, global managerial approaches, diversity, managing group and teams, dealing with individual personality and principals involved in planning, organizing, leading, and controlling. The principles learned in this course allows students to effectively work with and through others in an organization and encourage the students to explore and inquire the applicability of management principles and theories in local settings.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Discuss the relevance of the Western management principles and theories, for local settings.
2. Explain managerial approaches to draw effectively on their expertise in managing organizations in terms of organizational culture.
3. Discuss the importance of teamwork and managing individual behaviors.
4. Identify and discuss different leadership styles.
5. Explain planning and organizational structure of business organizations.

Course Description and CLOs

Course Description

The course introduces students to the nature, structure, and functioning of the modern private enterprise system and its core areas of operations. The emphasis is on the inculcation of key concepts and terminologies related to business administration that would create a familiarity to business environment used of development of advanced concepts in future learning. Major topics covered in the course include forms of business organizations, human resource management, marketing function of business, finance and accounting, production, entrepreneurship, ethics, and the dynamic business environment.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe various forms of business and advantages & disadvantages related to each of them.
2. Describe how businesses operate in our modern political, social, and economic environment.
3. Discuss the operations involved in business functions such as management, organization, human relations, marketing, finance, and ethics.

Course Description and CLOs

Course Description

This course enhances the learners’ ability to communicate accurately and fluently. The major topics of the course include basics of English grammar, parts of speech, phrase & clause, sentence structure, modifiers, common writing errors, punctuation, commonly confused words, paragraphs, applications and reading comprehension.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Comprehend a complex English language text.
2. Use English language in professional life.
3. Write a grammatical correct paragraph or essay on a given topic.

Course Description and CLOs

Course Description

This course aims to provide basic information about Islamic history and law. The major topics covered in this course are introduction to Quranic studies, history of Quran, Seerat of Holy Prophet, history of sunnah, introduction to Islamic law and jurisprudence, Islamic culture & civilization, Islam & science, Islamic economic & political system, Islamic history and Islamic social system.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate an understanding of fundamentals of Quran and Hadith and their relation with our day to day lives.
2. Demonstrate an understanding of Islamic ethics, laws, culture and contemporary issues.

Course Description and CLOs

Course Description

This course discusses the fundamental principles of marketing and focuses on developing an understanding of key marketing concepts. The course provides a holistic framework of marketing systems that can help students to comprehend advanced marketing concepts in their future marketing courses. The major contents of the course include marketing orientations, 4Ps, 7Ps, Strategic planning, BCG Matrix, Ansoff Matrix, Swot and Tows Analysis while considering Micro and Macro environmental factors, consumer buying behavior & decision-making process, tactical marketing mix decisions, pricing and promotional mix, product and services, market segmentation, targeting and positioning through the planning process and implementing the marketing decisions keeping in mind the ethical and societal consideration.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Identify marketplace and the consumers.
2. Identify the elements in marketing mix and their application in marketing decisions on the basis of micro and macro environmental factors.
3. Discuss different analysis for strategic business planning.
4. Outline the functions of marketing communication.
5. Discuss the importance of customer relationship in marketing and the creation of customer value.
6. Apply new product development process to the changing market environment.

Course Description and CLOs

Course Description

The course aims to introduce students with tools, techniques, and reporting formats used for internal costs evaluation and decision making. The course differentiates between a range of costing methodologies and their relevance to varied types of manufacturing as well as service-oriented businesses. The contents of the course include various forms of costing techniques such as job-order costing, process costing, variable and absorption costing, control of material and labor, variance analysis, cost-volume-profit analysis, and master budgets.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe various cost types and costing systems.
2. Prepare costing reports using job-order, process costing, variable costing, absorption costing, and joint & byproduct costing reports for internal reporting.
3. Calculate the impact of change in manufacturing activity on Costs, Volume, and Profits related to manufacturing.
4. Prepare master budget, budgetary control and static as well as flexible budget reports.
5. Discuss the impact of different costing methods on financial statements of a business organization.

Course Description and CLOs

Course Description

This course aims to enhance proficiency in conveying and exchanging technical information in various technical and corporate situations. The major topics covered in the course are technical writing, summary writing, memo writing, formal and informal report writing, job application and C.V. writing, agenda points and minute taking.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Identify the basics of technical writing and its guidelines.
2. Demonstrate the ability to research topics and present them using various mediums, including written reports, group presentations, and multimedia projects.
3. Write technical documents such as memos, proposals, cover letter, brochures, job application letter and business letter in a professional manner.

Course Description and CLOs

Course Description

This course inculcates in students the key microeconomics concepts and techniques applicable as tools for rational economic decision-making within economic framework. It discusses relevance and usefulness of economic analysis to real world business situations. The major topics in this course include demand and supply analysis, concepts of elasticities, approaches to utility analysis, production analysis, cost and revenue analysis, market structures and pricing, resource allocation, and various market structures.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Identify the determinants of demand and supply in the market equilibrium model.
2. Identify the impact of change in market equilibrium under demand, supply, unit, and cost elasticity for various types of goods.
3. Draw and interpret cost-behavior models under the multiple market structures.
4. Differentiate between short-run and long-run production factors of analysis for a firm.
5. Describe the characteristics of multiple types of market structures.

Course Description and CLOs

Course Description

This course aims to introduce students to the application of mathematics in business and financial affairs. The course enhances competency in application of mathematical concepts for solving business management problems and to improve the level of quantitative approach. Important topics include arithmetic, algebra, graphing, mathematics for finance, differentiation, optimization, and integration.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Apply arithmetic and algebraic skills to everyday business problems.
2. Solve systems of linear equations using multiple methods.
3. Apply derivation and integration to solve business problems.
4. Calculate basic descriptive statistical measures such as central tendency and graphs.

Course Description and CLOs

Course Description

This course provides an appreciation and understanding of the cultural, historical and socio-political heritage of Pakistan; along with the main strands of Pakistan’s foreign policy. The course also seeks to create awareness about the issues arising in the modern age and the posing challenges to Pakistan. Important topics include historical perspective; ideology of Pakistan, people and land, political and constitutional phases in Pakistan and Contemporary Pakistan; economic institutions and issues, society and social structure, foreign policy of Pakistan and futuristic outlook of Pakistan.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate an in-depth knowledge of Pakistani culture, civil rights and constitution.
2. Demonstrate an understanding of importance of Projects in Pakistan and their economic impacts.

Course Description and CLOs

Course Description

This course focuses on the introduction to the discipline of sociology and its contribution in a diverse world. The course helps to understand the interconnectedness of culture and society in today’s world. The major topics include nature & scope of sociology, social interaction, community & society, social groups, culture, socialization and personality and social problems in Pakistan.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Identify and apply the main sociological theoretical frameworks to analyze social stratification based on race, ethnicity, gender, social class.
2. Recognize the various social problems that exist in the Pakistani society, define illiteracy, discuss the causes of illiteracy, and suggest remedies to counter the problem of illiteracy in Pakistan.
3. Identify different social movements addressing social and economic justice.

Course Description and CLOs

Course Description

The course discusses the working of a mixed economy at the aggregate level underpinning aggregate out-put and income determination, key macroeconomics problems and major policy debate. The basic themes are extended to find out how the disciplines of national income, macroeconomics in closed and open economy, macroeconomic stabilization policies, macro-economic components, public finance, money and banking link up with conventional macroeconomics. The major contents included in the course coverage are key concepts of macroeconomics, measuring economic activity, consumption and investment, income & employment determination, multiplier and accelerator, fiscal and monetary policy, inflation, business cycle, international trade, and balance of payment.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of key macroeconomic concepts and their application in the real world.
2. Analyze and interpret national and international economic measures.
3. Discuss key components that influence a particular economic situation and provide remedial recommendations.

Course Description and CLOs

Course Description

This course imparts knowledge about the very basic concepts and tools of Business Finance. It discusses the financial environment and the understanding of financial and capital markets along with the broad orientation of macro-economic factors affecting the business. The major contents of the course include introduction to finance as a core business function, understanding cash flows and financial statements, time value of money, valuation of financial securities, risk & return, capital budgeting techniques, the cost of capital, and an introduction to Islamic finance.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of concepts, tools, and applications of finance in business organizations.
2. Analyze financial statement to gather relevant information for decision making recommendations.
3. Apply time value of money techniques in valuation of financial securities and estimating cash flows for project evaluation.
4. Describe key components of capital structure, their costs, and their impact of financial decisions.
5. Demonstrate understanding of risk and return relationship in portfolio management.

Course Description and CLOs

Course Description

This course provides participants with advanced understanding of the concepts and principles of professional business communication and to support the development of their skills in interpersonal, spoken and business-related communications through practice and feedback. Major contents include communication in organizations, intercultural communication, business communication and technology, managing crisis communication, strategies for improving verbal and non-verbal communication, interviewing, persuasive communication, conflict resolution & negotiation and working in teams for success group presentations group.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe the process of communication within business organizations communication.
2. Analyze realistic business situations and select the communication strategy or strategies appropriate to bring about the desired outcome.
3. Anticipate misunderstandings in business communication and apply effective techniques in an effort to avoid these misunderstandings.
4. Persuade audience with their communication abilities.

Course Description and CLOs

Course Description

This course provides students with an understanding of the basic statistical techniques for descriptive and inferential data analysis. The course emphasizes application of statistical analysis for decision-making and problem solving in the current business environment. Important topics include introduction to descriptive & inferential statistics, data condensation and presentation, measures of central tendency for grouped and ungrouped data, Use of index numbers, probability and laws of probability and probability distribution.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe and discuss the key terminology, concepts tools and techniques used in business statistical analysis.
2. Critically evaluate the underlying assumptions of analysis tools.
3. Understand and critically discuss the issues surrounding sampling and significance
4. Solve a range of problems using the techniques covered.
5. Conduct basic statistical analysis of data.

Course Description and CLOs

Course Description

The course provides an introduction of the key HRM functions that help a business organization to establish a competitive advantage. The course helps the students to understand the western human resource management theories and practices and their relevance to the local settings. The salient course contents include and introduction to HRM as a business function, trends in HRM, HRM from Islamic perspective, conduction job analysis, HR planning, job descriptions, job specification, staffing, training & development, career succession planning, compensation management, performance review, and employee relations.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of major HRM theories and practices and their relevance to local settings.
2. Discuss various functions of human resource management from employee and employer perspectives.
3. Develop forms and memos for recruitment, selection, TNA and performance appraisal of employees.
4. Discuss ethical implications of situations and decisions, and develop appropriate professional stances.
5. Conduct a job analysis and communicate the results effectively.

Course Description and CLOs

Course Description

This course aims to focus on principles of e-commerce from a business perspective, providing an overview of business and technology topics. It provides an understanding in the e-business and its applications. Important topics include introduction to e-commerce, e-commerce business models and concepts, E-commerce Infrastructure: The Internet, Web, and Mobile Platform, Building an E-Commerce Presence: Website, Mobile Sites & Apps, E-commerce Security and Payment Systems, E-commerce Marketing and Advertising Concepts, Social, Mobile, and Local Marketing, Online Retail and Services, Ethical, Social, and Political Issues in E-commerce, Online Content and Media and B2B E-commerce: Supply Chain Management and Collaborative Commerce

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Explain the concept of ecommerce and its revolution.
2. Analyze the impact of E-Commerce on business models and strategies
3. Explain the infrastructure of the Internet and how the various elements contribute to the marketing distribution solutions.
4. Discuss security and ecommerce and the ramifications of neglecting it.
5. Discuss common legal, ethical and tax issues in e-commerce
6. Analyze a business case and identify strengths and weaknesses in the organization’s e-commerce strategy.

Course Description and CLOs

Course Description

This course imparts advanced techniques of financial analysis using the knowledge and skills acquired by students in the business finance course. The aim is to build a rigor for financing, investing, and working capital management decision making processes. Major contents of the course include, an overview of financial markets and intermediaries, introduction to the areas of financial management, capital budgeting and valuation techniques, risk and return, analysis of cash flows, analysis of working capital management, and discussions on cost of capital, dividend policy, and capital structure of business organizations.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Discuss the relationship of risk and return in a standalone and portfolio context and its relationship to asset pricing models.
2. Prepare financial forecasting and cash budgets in order to plan for the firm’s short-term financial requirements.
3. Demonstrate understanding of working capital components and various techniques to manage levels of working capital.
4. Differentiate between the factors affecting short-term and long-term financing of a business organization.
5. s Differentiate theories of capital structure, their predictions about optimal capital structure and the limitations of using debt in the firms’ capital structure.

Course Description and CLOs

Course Description

The course aims to introduce students with tools, techniques, and reporting formats used for internal costs evaluation and decision making. The course differentiates between a range of costing methodologies and their relevance to varied types of manufacturing as well as service-oriented businesses. The contents of the course include various forms of costing techniques such as job-order costing, process costing, variable and absorption costing, control of material and labor, variance analysis, cost-volume-profit analysis, and master budgets.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe various cost types and costing systems.
2. Prepare costing reports using job-order, process costing, variable costing, absorption costing, and joint & byproduct costing reports for internal reporting.
3. Calculate the impact of change in manufacturing activity on Costs, Volume, and Profits related to manufacturing.
4. Prepare master budget, budgetary control and static as well as flexible budget reports.
5. Discuss the impact of different costing methods on financial statements of a business organization.

Course Description and CLOs

Course Description

This course provides an introduction to the concepts and theories of psychology and to their application to real life situations. The knowledge gained from this course will allow students have a more in-depth understanding of human thought and behavior. Core topics include introduction to mental processes and behavior, neurological basis of behaviors, sensation, perception, emotions and personality.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Define Psychology, list and explain the goals of Psychology and list the parts of brain and their role.
2. Explain the scientific methods used in Psychology to answer questions.
3. Discuss the historical development and school of thoughts in Psychology.
4. Differentiate between sensation and perception, absolute threshold, and perceptional depth.
5. Explain theories regarding learning, intelligence, motivation, emotional intelligence, memory, and personality.
6. List the topics included in the industrial organizational psychology.

Course Description and CLOs

Course Description

The course builds upon the knowledge acquired in the principles of marketing course and aims to provide an in-depth analysis of a variety of concepts, theories, facts, analytical procedures, techniques, and models related practiced by the marketing departments. The salient topics of the course are marketing information systems, consumer markets & consumer behavior analysis, STP marketing, product markets strategies, pricing strategies & policies, marketing channel decisions, and promotional strategies.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of the nature and purpose of effective marketing management in a marketplace.
2. Discuss major marketing concepts, processes and activities within appropriate types of business environment.
3. Explain the processes and theories related to consumer behavior and their impact on marketing management practices.
4. Demonstrate understanding of a range of marketing strategies related to the marketing mix.

Course Description and CLOs

Course Description

This course aims to provide orientation on the evolution and scope of this emerging discipline and to motivate students to think beyond basic sciences leading to decision sciences. The course inculcates in students the importance of Environmental Science in human life, its relationship with various segments of society and sectors of development, human population, ecology, aquatic systems, biomes, agriculture. The major contents include environmental problems, history and sustainability, science, systems, matter and energy, evolution, genetics and biodiversity, terrestrial, aquatic, marine ecology and communities, population ecology, carrying capacities, human population, sustaining natural resources and managing wastes, environmental world views and ethics.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe characteristics of environmental problems and their relationships to the sustainability of life.
2. Explain basic principles of science, bio-geochemical systems, and their role in ecosystems.
3. Explain the structures and functions of aquatic, marine, food, soil, mineral and energy resources.
4. Demonstrate understanding of principles of genetics, evolution, biodiversity and ecology.

Course Description and CLOs

Course Description

This course provides an integrated conceptual understanding of interdisciplinary fields psychology, sociology, anthropology, economics, and organizational theory. Students are introduced with concepts and theories of why people behave as they do in relation to their jobs, their work groups and their organizations perceptions, motivational attitudes and behavior. The salient topics include motivation, rewarding behavior, stress, individual and group behavior, conflict, power and politics, leadership, job design, organizational structure, decision making, communication and organizational change and development.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of individual behavior in organizations, including diversity, attitudes, job satisfaction, emotions, moods, personality, values, perception, decision making, and motivational theories.
2. Demonstrate understanding of group behavior in organizations, including communication, leadership, power and politics, conflict, and negotiations.
3. Demonstrate understanding of the organizational system, including organizational structures, culture, human resources, and change.

Course Description and CLOs

Course Description

The course enhances students’ competency in application of statistics to solve business management problems and to improve their level of quantitative sophistication for further advanced business analysis. The major topics include sampling, estimation, hypothesis testing, regression and correlation analysis, goodness-of-fit test, test of independents, ANOVA and time series analysis.

On successful completion of the course, students will be able to:

1. Describe the sampling distributions and their properties.
2. Derive the appropriate estimators for parameters using best estimation procedure.
3. Use appropriate sampling distributions for interval estimation and hypotheses testing.
4. Apply appropriate inferential procedures to handle the practical situation.

Course Description and CLOs

Course Description

This course aims to enhance student’s understanding of how and why consumers purchase (or do not purchase) goods and services. The course combines both the theoretical concepts of consumer behavior and its application for marketing strategies related to private, public and non-profit sections. The salient contents of the course include major concepts and theories of consumer behavior, determinants of market segments, consumer research & decision process, micro & macro influences on consumer behavior, consumer adaptation process, and organizational buying behavior.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of internal and external factors that makes each consumption situation unique for consumers.
2. Demonstrate understanding of the consumer behavior research process in modern marketing.
3. Demonstrate understanding of consumer-oriented strategies to the organizations and to enable the development of appropriate marketing strategies.

Course Description and CLOs

Course Description

This course introduces students to commercial laws which are directly or indirectly related to Business. It includes a survey of contract law, partnership act, companies’ ordinance and negotiable instrument. The major topics of the course are the basic concepts of conventional business law, its implementation in the contemporary financial institutions, the major features of contract law, salient features of partnership law, prominent points in companies act, and various forms of contractual documents used in modern businesses.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Discuss philosophy of conventional Business Law so to enable a student to critically analyze these laws with those present in other legal system.
2. Demonstrate understanding of major features of contract law, partnership law, and companies act.
3. Discuss the characteristics of prominent legal documentation used in contemporary business organizations.

Course Description and CLOs

Course Description

This is an advanced course in economics which build upon the knowledge gathered by students in their microeconomics and macroeconomics courses. The applied nature of the course helps students to formulate the link between economic theory and managerial decision making related to demand Analysis, Estimation and forecasting, market structure, production and cost analysis, pricing practices, economic optimization and risk analysis. The contents taught in this course are theory of the firm, theories of economic profit, advanced demand analysis, regression analysis, demand forecasting, economic optimization, cost & production analysis, pricing practices, and risk analysis.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Explain the nature of the firm and the problems of its management using micro and macroeconomic theories.
2. Discuss strategies for successful selling of a product in a specific market situation.
3. Demonstrate understanding of applications of economics to managerial issues and articulate possible solutions.
4. Identify a problem and formulate a proposed solution, using high level economic reasoning.

Course Description and CLOs

Course Description

This course introduces the fundamental grammar and vocabulary of modern standard Chinese (formerly known as Mandarin). It is expected that at the end of the course students should be able to master the Chinese phonetic system (Hanyu Pinyin), and should have an active vocabulary of around 200 Chinese characters and associated compounds concentrating on vocabulary that relates to contemporary China.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Obtain a knowledge and understanding of the Romanization system, characters and basic structure of the Chinese language and of the social, historical and cultural contexts in which the language has been used and is currently used.
2. Locate, evaluate, and apply characters/words/linking phrases learned to construct simple sentences and texts to express oneself.
3. Locate, evaluate and apply the linguistic knowledge learned to handle general courtesy in Mandarin, answer predicable questions, introduce oneself and one's familiar environment in Mandarin
4. Demonstrate the ability to work collaboratively in a small group with peers in the exploration, generation and presentation of ideas, information and a meaningful dialogue.

Course Description and CLOs

Course Description

This course aims to provide an overview of the principles and methods of business research. It explores the application of theories that have been predominantly developed in Western cultures by using different research method techniques and their application in local research study. The major contents of the course include, identification of research question, development of theoretical framework and model, gathering literature review, securing the respondents, making a test investigation, sampling, collecting data, types and errors of collected data, tabulating and analyzing the information, interpreting the findings and stating the conclusion.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Construct appropriate academic research questions for basic/applied business issues.
2. Propose relevant research methods and design to conduct a quantitative research study in a business area of specialization.
3. Interpret research results to extract meaningful insights and implications relevant to managerial practice.
4. Prepare a complete research proposal related to a business or/and managerial issue.
5. Use a statistical software to analyze and interpret quantitative data for research purposes.

Course Description and CLOs

Course Description

This course provides an overview of business ethics and ethical management practices, with emphasis on the process of ethical decision-making and working through contemporary ethical dilemmas faced by business organizations, managers and employees. The course demonstrates to the students how ethics can be integrated into business decisions and can be applied to their own careers. The major topics covered in this course are introduction to business ethics, philosophical ethics and business, the corporate culture – impact and implications, corporate social responsibility, ethical decision making: employer responsibilities and employee rights and the development of an effective, Ethical Decision-Making: Technology and Privacy in the Workplace and the development of an effective ethics program.

On successful completion of the course, students will be able to:

1. Understand the basic concept of ethics and the importance and role ethical behavior serves in the business world today.
2. Use a variety of philosophical frameworks to explore ethical dilemmas.
3. Identify and critically assess ethical dilemmas that occur in the workplace.
4. Evaluate an ethical situation by applying the steps involved in ethical decision making.
5. Generate ideas for programs and practices to solve ethical problems.

Course Description and CLOs

Course Description

The course provides students with the fundamentals of management information systems and their application in business in order to provide support for decision making and improve strategic direction. The course discusses a range of information systems that can help organizations to formulate decision support systems that are information driven. The salient contents of the course include systems approach to problem-solving, developing information system solutions, general systems model of the firm, computer software & hardware, database management system, MS Access, information systems for business, accounting & financial information system, marketing information system, transaction processing system, IS for strategic advantage, IS & artificial intelligence, and enterprise & global management.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate understanding of data gathering, organization, and management using information systems to support decision making.
2. Design a basic database using modeling techniques with effective user interface and control systems.
3. Describe the different technologies, techniques and infrastructure of transaction processing systems associated with various information systems.
4. Discuss major risk factors involved in an information system and their mitigation.

Course Description and CLOs

Course Description

This course builds upon the understanding developed in microeconomics and macroeconomics for application of economic concepts and terminology in Pakistan’s economy and ongoing challenges, the GDP, Budget, Fiscal and monetary policy of Pakistan. As part of this teaching process students will be encouraged to compare Pakistan’s economic development with other developing nations. The major course contents include macroeconomic development, framework & performance, common characteristics of developing countries, population & growth in human capital, agriculture sector of Pakistan, industrialization strategy, trade & development, fiscal policy, monetary policy, and planning of economic resources.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Discuss the challenges to the economy of Pakistan.
2. Understand the framework encompassing fiscal and monetary aspect of the economy of Pakistan.
3. Discuss major sectors of Pakistan’s economy and related macroeconomics concepts.

Course Description and CLOs

Course Description

This course provides the manager's perspective in the fields of international payments, international trade, and the analyzation of investments. Emphasis is given to the materials and concepts that illuminate the strategies, structure, practices, and effects of multinational enterprises. The topics to be covered are: the nature of international business management; marketing to customers with diverse cultural backgrounds; operations in diverse political and legal environments; finance in the international marketplace; human resources and employees of diverse cultural backgrounds; and strategy and structure of international or global enterprises.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Develop an understanding of the worldwide developments and foundations for international business and the cultural context for managing in an overseas environment.
2. Examine the strategies and functions of international management in the areas of managing political risk, negotiations, planning, organizing international operations, decision making and controlling.
3. Develop an understanding of the horizons of international business and Management in the areas of social responsibility and ethics in the era of globalization.

Course Description and CLOs

Course Description

This course has been designed to provide the participants with an overall understanding of the concept of entrepreneurship and small business management. The course emphasizes the entrepreneurial process and the application of this process to a broad range of business contexts. Major contents of the course include, an overview of entrepreneurship, idea generation, industrial competitiveness, marketing, financial and legal modalities, strategic growth and business plan development.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Demonstrate an understanding of the entrepreneurial process.
2. Evaluate business opportunities.
3. Identify and solve major entrepreneurial issues.
4. Develop a business plan to demonstrate an understanding of the taught concepts.

Course Description and CLOs

Course Description

This course focuses on delivering 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 covers a range of contents related to production and operations including strategy & productivity concepts, operations management models, system design & quality, inventory management and scheduling, supply chain management, project management, and layout strategy.

Course Learning Outcomes

On successful completion of the course, students will be able to:

1. Describe operation management areas of responsibility and the contribution of operations management to an organization.
2. Use computer analysis to produce a linear regression forecasting model.
3. Explain the concept of supply-chain management and the requirements and design of a successful supply chain.
4. Demonstrate understanding of operational aggregate plan following a chase strategy, level strategy or mixed strategy.
5. Describe inventory systems for independent demand and the costs and benefits of carrying inventory.