This course has been designed for managers associated with the supply as well as the demand side of a firm dealing with technological products or services. The specific topics addressed in this course are scoped narrowly to the fields of Data Science and Analytics. Starting from a general discussion about the importance of Mathematical Modeling in modern day decision making; the course quickly gains momentum as it elaborates on various data analysis methodologies with the help of case studies. Special emphasis is given to real life problems faced by modern day organizations that utilize both online and offline data in their decision making. This course is suitable for individuals working in various sectors including industry, government, and academia. It is an imperative resource for the project engineers, section managers, project managers, strategists, and executives.
It is important to note that the emphasis of the course is more towards identification, selection and use of mathematical models and algorithms for specific applications rather than going into details of any specific model or algorithm itself. Major portion of the course focuses on Network Theory and discussion of its mathematical underpinnings.
This course is an introduction to the financial system used by businesses to run the affairs of the enterprise. The course covers basics of the business finance and some introductory analysis of financial statements. The emphasis is on how the accounting system reflects (or sometimes does not reflect) the activities and events that affect an organization. That is, when you look at a financial statement, there are some things it does tell you and some things it does not. Therefore, one has to be very careful in using financial information for evaluation of firms or managers.
After introducing the basic structure of finance reporting, we will look at the ways in which financial decisions effect the business. We shall try to learn the basic ways of evaluating different investment opportunities. We would try to learn the meanings of the word finance, the role of Financial Manager in the modern corporate world.
Finance is, in a real sense, the cornerstone of the free enterprise system. Good Financial Management is therefore vitally important to the economic health of the business firms; hence to the nation and to the world, Because of its importance, Financial Management should be thoroughly understood. However this is easier said than done----the field is relatively complex and it is undergoing constant changes in response to shifts in economic conditions. All of this makes Financial Management stimulating and exciting but also challenging and sometimes puzzling. I sincerely hope that the course of Introduction to Business Finance will help you understand the financial problems faced by the businesses today, as well as the best way to solve these problems.
There is no specific course text. A reading pack has been prepared for the participants, which is the right way of doing things at the postgraduate level. However, for those of the participants who wish a title to be suggested the following names may help. The titles are available with the facilitator.
For the benefit of the participants the following text is suggested.
This three credit hours course is designed for services and manufacturing sectors, basically, meant for defining the real meaning of the Production and Operations Management in any given organization. This is an advanced course in the conceptual and applied aspects of Production/Operations Management (P/OM). The primary objective of the course is to provide the students with an understanding of the theories, models, problems, issues, and techniques related to the management of operations both in manufacturing and service sectors. This includes analyses of various tasks performed and decisions made by operations managers, both tactically and strategically.
The operations function plays a vital role in achieving a company’s strategic plans. Since the operations function produces the goods and provides the services, it typically involves the greatest portion of the company employees and is responsible for a large portion of the firm’s capital assets. It has a major impact on quality and is often the visible face of company with which the customer must deal. Customer service, product/service, quality issues, and the effectiveness of many customer interactions are all operations activities.
In the face of increased international competition, Pakistani firms have lost market share and have not responded by working to improve both their operating efficiencies and the quality of their goods and services. With this renewed emphasis on operations, it has become increasingly important that students have an understanding of operations management and its significance to the success of the companies where they will work.
To gain a competitive edge, Pakistani organizations need sound production/operations strategies. This is particularly true today, given the pressures of global competition and the need to satisfy ever more demanding customers. Operations functions appear as a powerful tool for achieving organizational objectives and strategies.
The Project Monitoring, Evaluation, and Control course is an advanced postgraduate course.
Under Project Evaluation, in addition to classical financial evaluation techniques, evaluation under mergers and acquisitions, evaluation by customers, and role of intangible factors in the evaluation process will be covered. In addition, the role of soft factors, along with well established process-related project monitoring and control processes, will be discussed under these topics.
This course is a blending of academic knowledge with decades of practical experience. The fundamental concepts are presented but the true value of the course comes from the sharing of hands-on experience by all attendees.
Due to several economic factors, the investments of various types in the contemporary world are shrinking day by day. The majority of projects do not terminate on time or to budget and they rarely deliver to all the original project specifications due to poor management. The current project management techniques and methods require a departure from traditional approach as it requires improved systems methodology and use of software on project life cycle. The project management is now a profession that has to be learnt by the successful managers for increased customer satisfaction. Project management techniques are equally useful for social sector as well as the infrastructure projects. These techniques are used by the NGOs, consultancy companies, international organizations and the engineering firms.
This course will particularly be of a great value to you once you will be the middle and senior level managers, project planners, team leaders, coordinators and volunteers and will be directly or indirectly involved with the projects , or if you are expected to be engaged in such activities in future. The course will be useful for you if you join industry, social sector development organizations, engineering, academia, international funding agencies/NGOs, and journalism or chose to be independent consultants.
Traditionally, domestic politics has been viewed as the domain of “government” – in contrast to the relatively “ungoverned” realm of international affairs. This distinction provided a rationale for treating international relations as a separate field of study. It also informed the development of national bureaucracies in which the management of international relations fell to a specialized diplomatic service, leaving most departments and agencies to concentrate on domestic affairs.
Given the current conditions in the country, globalization has been eroding the boundary between domestic and international or global affairs. On one hand, the globalization of commerce, markets, investment, production, technology, information, communities, criminal networks, pollution and infectious disease has given rise to a growing array of regulatory structures at the international or global level which, in various ways, perform “governance” functions that have historically been associated with the role of the state. At the same time, many traditionally domestic policy areas – from social welfare to environmental policies – are now subject to global pressures and influences.
The purpose of this course is to investigate both of these trends – and, in so doing, to provide students in the Graduate School of Public and International Affairs with a greater understanding of the growing interconnection between the domestic and the international or global policy realms.
Groups/Individuals will be required to carry out a comprehensive project on approved
subject organizations. The participants will be required to submit a project report
after completion of every module of study. Details and guidelines of the project
will be provided to the students after the commencement of classes.
Human Resource Management (HRM) involves all management decisions and actions that
affect the nature of the relationship between the organization and its employees.
With effective HRM the organization acquires a competent and committed workforce,
able to support the corporate strategy. Therefore, organizations can create a competitive
advantage through their people.
The HRM course prepares students to learn the art of managing human resource. This
course places emphasis on the management of people in the work environment by developing
extensive understanding of the concepts and methods used to attract, develop, and
efficiently utilize the firm’s human resource.
It has become crucial for everyone in modern organizations, irrespective of field
of specialization, to have substantial knowledge of human resource management. Managing
technical organizations without significant knowledge of HRM is an awkward scenario.
Human resource is fast becoming critical resource of present day organization that
defines the success in the competitive environment.
This course has been designed to provide an in-sight to the existing and emerging
telecommunication networks technologies. Starting from the very basic concepts of
multiplexing and modulation, the course covers advance topics such as Stored Program
Control (SPC) digital switches, ITU-T’s Common Channel Signaling System No. 7 (SS7),
Traffic Theory, GSM system architecture, procedures, protocols, Voice-over-IP networks,
and Next Generation Networks (NGN).
Upon completion of the course, the participants will develop a comprehensive understanding
of various components and protocols used in Public Switched Telephone Networks (PSTNs)
and Public Land Mobile Networks (PLMNs).
A quick glance at basics of telecommunications, Stored Program Control Digital Switches,
Traffic Theory, Signaling Systems, Global System for Mobile Communication (GSM),
Advanced Topics ( WLL / LDI-Technologies and Architectures, Next Generation Networks-
The Soft Switch concept, Voice over IP Networks- Challenges and Solutions).
This course gives an exposure to the legal and contractual segment of engineering
management. During the course participants will get familiarize with the international
tendering procedures and contract terms and detailed exposition of the popular FIDIC
conditions of contract concerning Engineering construction. Local Laws related to
Engineering transactions, arbitration, sale v purchase, carriage of goods and instruments
of money transfer. This course is designed to familiarize the participant with different
types of partnerships in law and to touch upon the procedures of making and registering
partnerships, joint ventures and consortia etc.
Courses called Entrepreneurship are taught in various universities with emphasis
on useful knowledge areas for a business leader. To be a business leader one has
to have an aptitude for it before one succeeds. Success is still not guaranteed
till one has a vision to assess the future challenges and poise to transform to
be in a winning position. This vision encompasses more than just the knowledge of
business, it requires a complete mindset to be in the leading position. This course
has been designed to train a mind to think BIG, for a leader to look BIG, and an
Entrepreneur to act BIG.
Entrepreneurship is the practice of starting new businesses and particularly new
organizations, generally in response to known opportunities. Entrepreneurship is
generally a difficult undertaking, since many new businesses often fail. Entrepreneurial
activities differ from each other based on the type of business being pursued. Entrepreneurship
ranges in scale from single projects to major undertakings creating several job
An entrepreneur is a person who is willing and able to convert a new idea or invention
into a successful innovation. Entrepreneurship forces "creative destruction" across
markets and industries, simultaneously creating new products and business models.
In this way, creative destruction is largely responsible for the dynamism of industries
and long-run economic growth
The understanding of entrepreneurship owes a lot to the work of economist Joseph
Schumpeter and the Austrian School of economics. Entrepreneurship is about taking
risk. The behavior of the entrepreneur reflects a kind of person willing to put
his or her career and financial security on the line and take risks in the name
of an idea, spending much time as well as capital on an uncertain venture.
Still another view of entrepreneurship is that it is the process of discovering,
evaluating, and exploiting opportunities, which go on to apply themselves in the
form of new business ventures. In this model an entrepreneur could be defined as
"someone who acts with ambition beyond that supportable by the resources currently
under his control, in relentless pursuit of opportunity" (a definition common to
entrepreneurship professors Howard Stevenson and Jeffry Timmons). Pinchot (1985)
coined the term Intrapreneurship to describe entrepreneurial-like activities inside
organizations and government. The concept is commonly referred to as Corporate Entrepreneurship.
Entrepreneurship is widely regarded as an integral player in the business culture
of social life, and particularly as an engine for job creation and economic growth.
This course will particularly be of a great value to you once you will be the middle
and senior level managers, project conceivers, team leaders, coordinators and volunteers
and will be directly or indirectly involved with the projects, organizations, or
if you are expected to be engaged in such activities in future. The course will
be useful for you if you join industry, social sector development organizations,
engineering, academia, politics and journalism or chose to be freelance thinkers.
Organization Development is a process of bringing to the surface those implicit
behavioral patterns that are helping or hindering development. OD practitioners
are concerned with change that integrates individual needs with organizational goals
more fully. OD is a planned process of change in an organization's culture through
the utilization of behavioral science technologies, research, and theory. The objective
of OD is to create effective organization.
Knowledge and practice of OD is essential for technical managers for shifting their
primary focus away from technical aspects of the organization. Every organization
has a technology and is also composed of people who interact to accomplish tasks.
The realization that organization is a sociotechnical system is crucial. The human
dimension constitutes the social subsystem. OD targets the social subsystem of organization.
Topics included in this course would cover: changing the corporate culture, the
diagnostic process, team development, OD productivity interventions; approaches
to organization design and work design, conflict management and resolution, and
strategic change management.
TPM is not about Maintenance, it is about Optimization Total physical Assets of
a company. it deals with IDENTIFYING , ANALYZING ,and QUANTIFYING , all major losses
on a shop floor. Weather it is an issue of Quality, Performance or Plant availability
--- all are covered by TPM.
For the first time TPM enables management to identify areas which need improvements.TPM
ia an exciting new Management tool which compliments TQM.taught extensively in US
and EU universities under the title of “ASSET OPERATION OPTIMIZATION” it is being
widely practiced world wide including very enthusiastic efforts in India, Pakistan
is now gradually realizing its significance.
TPM also brings forth in a quantified manner the Financial effects of low equipment
reliability. A company with the best product may not stay in business if its expense
for getting the product to the customer is excessive areas to be covered include:
K.T. Ulrich, and S.D. Eppinger, Product Design and Development, 3rd Edition
H. W. Stoll, Product Design Methods and Practices, Marcel Dekker, 1999
M. L. Shillito, Advanced QFD Linking Technology to Market and CompanyNeeds, John Wiley&Sons, 1995
Effective Business Communication plays a vital role in every Business operation. However the management often overlooks its importance. The manner, by which an enterprise communicates, creates an impression of its standard and the image it wishes to convey. Therefore, the need to continuously enhance the communication skills should be realized by the technical managers and employees for better understanding within the organizations and effective relations with the customers.
This course is designed to enable the working graduate engineers and technical managers to understand the principles of effective business communication. It would help in applying the critical and creative thinking abilities that are necessary for effectively communicating in today’s hi-tech business world. By the end of this course students would be able to demonstrate clarity, precision, conciseness and coherence in their use of communication tools.
The overall goal of this course is to make you more familiar with what research is, and how to conduct it in a scientifically rigorous manner at the PH.D level. In order to accomplish these objectives, you will have to specifically:
The specific 5 outputs of the course fulfill each one of the above objectives. Ultimately the course is designed to apply insights gained from the first two objectives in the development of a Ph.D. dissertation proposal. However, you will also write two short papers. One paper will be on your own philosophy of research, as well as a critical analysis of one of the key readings of your research proposal.
If some of you are interested in another research product, such as a grant proposal or research output for publication in a research journal, please see me so that we can make the necessary arrangements.
The Entry Process. Understanding Research.
Readings for Lecture 1:
Readings for Lectures 2 onwards will be given next week.