DEPARTMENT OF Management Sciences

MASTERS PROGRAM IN MANAGEMENT SCIENCES


The MBA program aims at developing a student's intellectual ability, executive personality and managerial skills through an appropriate blending of business and general education. The MBA curriculum provides students with a comprehensive management education of globally recognized best practices with flexibility of their adaptation to indigenous entrepreneurial and societal context. Curriculum of the programme ascends from general management education to specialization in diverse business fields. General management skills like oral and written communication, decision-making, leadership, and teamwork developed among the students at the initial level of the programme provides them with a solid foundation for more advanced studies at the elective level during the subsequent stage. Core courses taught integrate information and theories from various disciplines, including communication, economics, financial accounting, quantitative methods, business strategy, marketing, finance, organizational structure and strategic management and prepare the students to think critically about business issues in order to enable them to develop strategic level understanding and demonstrate comprehension of complex theoretical constructs in the major business disciplines and technologies.

The University approaches leadership development thematically from the starting points of creativity, practicality and social resourcefulness. Personal development is also a key theme of the programme with executive coaching to help students understand their value in the market and to develop plans to optimize their potential.

 

MISSION STATEMENT OF THE MASTERS PROGRAMME:

The MBA program at University educates tomorrow’s leaders through the University’s active integration of teaching, research, and engagement. It creates an innovative and intellectual environment with a focus on leadership and management in a technology-rich, global marketplace. The program produces capable business leaders who are prepared with the necessary management and research skills to make high-quality business decisions in either an entrepreneurial or staff capacity.

While we provide our students with a solid foundation of human and technical management knowledge and skills, a hallmark of our program is the opportunity for students to pursue projects and mentored study on issues of their own interest. Our commitment to this process of active learning is driven by our desire to produce confident leaders who can think critically, engage in a process of discovery, and implement appropriate policies.

 

VISION OF THE MASTERS PROGRAMME:

To become recognized as a small, high quality, selective program that produces well-rounded business leaders. The MBA program at University will be distinguished by highly regarded programs and renowned specializations. We will be a leader in management education through strong business partnerships, focusing on technology and innovation, promoting entrepreneurial programs, and developing international initiatives and alliances.

 

MASTERS PROGRAMME OBJECTIVES:

 

  1. To develop students’ competencies and managerial thinking skills in all functional areas of business administration.
  2. To prepare and cultivate students in all fields of business administration to manage the various organizations on a scientific basis and to hold leading managerial positions.
  3. To serve Pakistan through spreading managerial awareness, enriching managerial practice, and offering training programs and consulting services in order to enhance the status of the country as a regional and international financial centre.
  4. To undertake scientific research in the different disciplines of business administration.
  5. To provide students with the required tools for decision-making and data analysis (e.g. regression, probability and variance), and to teach students how to use statistical (forecasting, sampling) in applying these techniques to actual business situations.
  6. To improve students' marketing skills through the use of case studies which help students identify and evaluate the diversity of marketing strategies employed by successful firms.
    • To teach students the techniques and tools useful for financial analysis and control in today's business climate.
    • Skills emphasized include: financial accounting, managerial accounting, managerial economics, corporate finance, and international financial management.
  7. Quantitative skill development is prominent throughout, especially in financial statement analysis, valuation techniques, accounting for financial transactions, and assessing foreign exchange risk.
  8. To give students the skills and the knowledge set necessary to ethically manage today's business operations for productivity and performance. Graduates must be able to evaluate the structural and cultural challenges that confront international managers and identify key attributes of successful professionals. The significance of corporate culture, especially local labor and management relations, on the design and effectiveness of multinational organizations is increasingly pertinent in sustaining profitability.
  9. To engender a global perspective in all students. Students study a range of issues that emerge from the conduct of multinational business in diverse economies, political systems, and cultures including the policies of government and international organizations, changing patterns of international competition, managing in developing countries, and the role of culture in management decision-making.
  10. To develop each student's strategic thinking. Beginning with an analysis of industry and competition, students develop the concepts, tools, and techniques that are essential for accurately diagnosing and enhancing the competitive performances of an international enterprise. The program examines the processes through which competitive advantage is created and sustained against erosion by rival firms. Entrepreneurship and the unique strategic challenges facing small businesses are emphasized.

 

 

LEARNING OUTCOMES OF THE MASTERS PROGRAMME:

  • Critical concepts and tools that are relevant to achieve leadership and organizational objectives and goals, whether they involve processes, projects or people.
  • To apply the concepts and tools to various situations; in effect, each participant will make the intellectual connections between tools and context that lead to insight, and vision: the basis for effective decision making.
  • To develop and strengthen various emotional intelligence skills such as self-awareness, self-management, collaboration, and teamwork; to better negotiate the potential complexities in organizations. To know one in relation to others is to be empowered.
  • To focus on advancing the strategic objectives of the organization, emphasizing application of theory in practice and identifying effective action.
  • To synthesize, analyze and integrate their knowledge from across the organization and use this knowledge to provide innovative and credible solutions that provide an immediate return on investment.
  • To lead and make rapid, high-level business decisions, develop their global perspective, and expand their network through working with innovative faculty and high caliber colleagues.
  • The quantitative skills necessary to analyze a firm's quantifiable numerical data and make intelligent and effective decisions. Being able to analyze the firm's financial statements to making project approval and corporate valuation decisions.
  • Participants must acquire the following skills and process the following knowledge sets by graduation if they are to satisfy effectively the MBA Program's learning objectives:
    • Critical thinking.
    • Effective problem solving.
    • Effective communication - both oral and written communication.
    • Leadership.
    • The ability to innovate.
    • Critical Analysis.

 

Course Work of Master in Management Sciences