COURSE BOOKLET – Spring 2025

BS ACCOUNTING & FINANCE

DEPARTMENT OF ACCOUNTING & FINANCE

NATIONAL UNIVERSITY OF MODERN LANGUAGES (NUML)
Vision Statement
Impart professional education through academic, practical, and research excellence

Mission Statement

To impact the society by imparting professional, practical and research-oriented knowledge and skills aligned with emerging business trends.

Program Objectives - BSAF

The BSAF program aims to enable students to:

BAFPO1. Understand the key concepts of accounting and finance through finance theories and accounting practices.
BAFPO2. Develop the analytical and critical skills to evaluate and solve business problems.

BAFPO3. Plan, construct and design the decision making aspects encountered locally as well as globally.
BAFPO4. Appraise measure and interpret the accounting inferential information and foster interpersonal skills and teamwork attributes

BAFPO5. Apply the ethical traits inculcated to become socially responsible accounting and finance professionals.

Program Learning Outcomes - BSAF

Upon completion of the BSAF program, the graduates will be able to:
BAFPLO1. Reflect and discuss competency in defining and stating the key concepts by participating, rewriting and browsing accounting cases.

BAFPLO2. Transform and modify from rote learning to constructive usage of financial application and knowledge.
BAFPLO3. Discover the inferential demonstration of the commerce and accounting concepts in the real world.
BAFPLO4. Belief in teamwork to make robust decisions of the challenging finance issues related to the businesses worldwide through effective communication.
BAFPLO5. Employ in lifelong learning and serve the community as ethical and responsible professionals.
General Teaching Methodology
Lectures, workshops, discussions, and presentations are planned as class activities. All students are advised to participate in said activities, failing which students will

suffer in respect of learning and grades. Consistent with the course objectives, lectures will address learning objectives associated with weekly topics (as outlined in the weekly
schedule), including basic principles and working examples. While lectures will closely parallel material contained in assigned readings, they are not substitutes. In particular,

the lectures will clarify, expand and where necessary, update the material contained in assigned readings.

Attendance Policy

75% attendance in a course is mandatory to become eligible to appear in the final examination, failing which, the student will be awarded ‘F’ grade in the course. ‘F’
grade will be treated as a normal ‘F’ grade earned by a student by failing in a course and it will carry all penalties associated with it.

Plagiarism Policy- Masters and Bachelors Programs

a) All theses and Final Seminar papers are to be run through Turnitin by QEC. The focal person of each department/campus will work as a liaison between students
and QEC.

b) A student has to submit a hard copy and soft copy to the Focal Person, to be passed on to QEC.
c) There is a provision of only Two ATTEMPTS (First Submission + Revision Attempt) for achieving below 19% of similarity index. Failing to do so will result in the

case being forwarded to BASR.

d) All course assignments, project reports, term papers, etc. should be run through Turnitin by relevant Instructors ONLY. There is a provision of only TWO

ATTEMPTS (First Submission + One Attempt) for bringing the work within limit of below 19% of similarity index. Failing to do so will result in Minor, Moderate
or Major Penalty) The Turnitin Originality reports of all course assignments, project reports, term papers, etc. should be appended with the result/evaluation
 submitted to Department/Examination section. Results of students will be withheld whose Turnitin Originality reports are not attached with the course
assessment sheet/award list.

Penalties for Student

The penalties for plagiarism cases will be applicable after a student/researcher has availed NUML’s prescribed number of attempts, for improving his/her work. The penalties
for such cases fall into the following three categories.

Minor Penalties (applicable to all course assignments, project reports, term papers, etc.) A minor penalty will be applied if a student’s work is found to be copied (up to

50%), even after he/she has availed the TWO ATTEMPTS for improving it. This will result in an award of Zero Marks in the work (course assignments, project reports, term
papers, etc.). The course instructor has to inform HoD/Dean and Examination Branch (in writing) about such cases, with evidences appended. The instructor must make a red

entry in award list and counsel the student as well.

Moderate Penalties (applicable to all works other than Thesis) 6 A moderate penalty will be applied if a student’s work is found to be copied (more than 50%), even after
he/she has availed the TWO ATTEMPTS (First Submission + One Attempt) for improving it. This presupposes that the student would have received a minor penalty, of an

award of zero marks, already. Moreover, a warning letter will be issued to the student, with a copy sent to parents/guardian.

Major Penalty (applicable to Thesis at all levels) A major penalty is for plagiarism cases, concerning Thesis at all levels. This penalty is applicable when a student/researcher
has availed Two ATTEMPTS (First Submission + one Attempts) for improving his/her work and failed to do so, according to HEC’s prescribed standards. This entails the case

to be put forward to Plagiarism Standing Committee (PSC) for further disciplinary action. *Note: No other penalty will be applicable in Plagiarism cases, except the ones
mentioned above.

*Note Plagiarism guidelines as per NUML policy.

 Table of Contents
SEMESTER – I .............................................................................................................................................................................................................................................. 8
COURSE TITLE: INTRODUCTION TO PSYCHOLOGY .......................................................................................................................................................................... 9

COURSE TITLE: APPLICATIONS OF INFORMATION AND COMMUNICATION TECHNOLOGIES (ICT) ................................................................................. 14

COURSE TITLE: INTRODUCTION TO TECHNOLOGY (LAB) ........................................................................................................................................................... 21

COURSE TITLE: ISLAMIC STUDIES........................................................................................................................................................................................................ 25

COURSE TITLE: ETHICS ........................................................................................................................................................................................................................... 30

COURSE TITLE: BASIC ENGLISH LANGUAGE SKILLS ....................................................................................................................................................................... 35

COURSE TITLE: PRINCIPLES OF ACCOUNTING ................................................................................................................................................................................. 42

COURSE TITLE: PRINCIPLES OF MANAGEMENT .............................................................................................................................................................................. 50

COURSE TITLE: PAKISTAN STUDIES .................................................................................................................................................................................................... 55

SEMESTER - II............................................................................................................................................................................................................................................ 59
COURSE TITLE: FINANCIAL ACCOUNTING ........................................................................................................................................................................................ 60

COURSE TITLE: CRITICAL READING & ACADEMIC WRITING ....................................................................................................................................................... 65

COURSE TITLE: INTRODUCTION TO ENVIRONMENTAL STUDIES .............................................................................................................................................. 71

COURSE TITLE: INTRODUCTION TO BUSINESS FINANCE ............................................................................................................................................................ 75

COURSE TITLE: BUSINESS MATHEMATICS ........................................................................................................................................................................................ 82

COURSE TITLE: IDEOLOGY AND CONSTITUTION OF PAKISTAN ................................................................................................................................................. 90

SEMESTER – III .......................................................................................................................................................................................................................................... 94
COURSE TITLE: FINANCIAL MANAGEMENT (BSAF 4 YRS) ........................................................................................................................................................... 95
COURSE TITLE: PRINCIPLES OF MARKETING .................................................................................................................................................................................. 104
COURSE TITLE: QUANTITATIVE REASONING 1 .............................................................................................................................................................................. 116

COURSE TITLE: BUSINESS ECONOMICS ........................................................................................................................................................................................... 119

COURSE TITLE: COST ACCOUNTING ................................................................................................................................................................................................. 128

COURSE TITLE: HUMAN RESOURCE MANAGEMENT.................................................................................................................................................................... 139

SEMESTER – IV ........................................................................................................................................................................................................................................ 145

COURSE TITLE: ADVANCE FINANCIAL ACCOUNTING .................................................................................................................................................................. 146

COURSE TITLE: PERSONAL MANAGEMENT AND GROOMING .................................................................................................................................................. 155

COURSE TITLE: CORPORATE FINANCE ............................................................................................................................................................................................. 160

COURSE TITLE: ENTREPRENEURSHIP ............................................................................................................................................................................................ 167

COURSE TITLE: INTERNATIONAL RELATION & CURRENT AFFAIRS ......................................................................................................................................... 176

SEMESTER - V ......................................................................................................................................................................................................................................... 182

COURSE TITLE: BUSINESS RESEARCH METHODOLOGY ............................................................................................................................................................... 183

COURSE TITLE: MANAGERIAL ACCOUNTING ................................................................................................................................................................................. 190

COURSE TITLE: CORPORATE LAW ..................................................................................................................................................................................................... 205

COURSE TITLE: MANAGEMENT INFORMATION SYSTEM............................................................................................................................................................ 209

COURSE TITLE: FINANCIAL REPORTING AND ANALYSIS ....................................................................................................................................................... 215

SEMESTER – VI ........................................................................................................................................................................................................................................ 223

COURSE TITLE: AUDIT AND ASSURANCE ........................................................................................................................................................................................ 224

COURSE TITLE: FUNDAMENTALS OF REAL ESTATE & HOUSING POLICY ............................................................................................................................... 229

COURSE TITLE: CORPORATE GOVERNANCE & ETHICS ................................................................................................................................................................ 236

COURSE TITLE: PERFORMANCE MANAGEMENT AND DECISION MAKING ............................................................................................................................ 244
COURSE TITLE: CORPORATE TAX PAKISTAN ................................................................................................................................................................................. 253

SEMESTER – VII ...................................................................................................................................................................................................................................... 261

COURSE TITLE: FOREIGN LANGUAGE (GERMAN) ......................................................................................................................................................................... 262

COURSE TITLE: INVESTMENT & PORTFOLIO MANAGEMENT .................................................................................................................................................... 265

COURSE TITLE: INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) ................................................................................................................... 274

COURSE TITLE: FINANCIAL MODELLING ......................................................................................................................................................................................... 284

COURSE TITLE: MERGER, ACQUISITIONS AND CORPORATE RESTRUCTURING .................................................................................................................... 290

COURSE TITLE: ACCOUNTING & FINANCIAL INFORMATION SYSTEM ................................................................................................................................... 297

SEMESTER – VIII ..................................................................................................................................................................................................................................... 303

COURSE TITLE: ORGANIZATIONAL BEHAVIOR .............................................................................................................................................................................. 304

COURSE TITLE: FINANCIAL RISK MANAGEMENT .......................................................................................................................................................................... 311

COURSE TITLE: INTERNATIONAL RELATIONS & CURRENT AFFAIRS ....................................................................................................................................... 321

COURSE TITLE: FINANCIAL MODELLING ......................................................................................................................................................................................... 327

COURSE TITLE: ACCOUNTING & FINANCIAL INFORMATION SYSTEM ................................................................................................................................... 333

COURSE TITLE: MERGERS, ACQUISITIONS AND CORPORATE RESTRUCTURINGS ................................................................................................................ 339
 Semester – I

CODE Course CREDITS

Introduction to Psychology 2
Applications of Information and
3 (2+1)
Communication Technologies (ICT)
Islamic Studies 2
Basic English Language Skills 3
AFAC-141 Principles of Accounting 3
MSMG-142 Principles of Management 3
Pakistan Studies 2
Course Title: Introduction to Psychology
Course Code:
Credit Hours: 2+0
Course Instructor: Sobia Mushtaq

Mode of Contact” You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

Main Textbook:
• Feldman, R.S. (2010). Understanding psychology. New York: McGraw-Hill.
• Myers, D. G. (2010). Introduction to Psychology (10th ed.)
Reference Material:
• Atkinson, R., & Smith, E. E. (2005). Introduction to Psychology (14th ed.)
• Lahey, B. B. (2004). Psychology: An Introduction

Course Description:

This course will provide with a broad introduction to the field of psychology, one of the social sciences It aims at introducing students to the dynamic field of
psychology, providing a basic framework of each theoretical school of thought in psychology. Psychological Concepts, methodology, approaches, key terminology, and
studies will be explored. Students will learn to apply psychological theories, concepts and studies to practical situations, everyday life and to their own experience. The course
also aims at developing insight into why people think, feel and behave the way they do. Along with developing skills to scientifically and critically evaluate data; students will
essentially develop tolerance and a basic understanding of human ethics.

Course Objectives:
The course objectives are:
CO 1. To study psychological principles and create an understanding of all key paradigms of psychology.
CO 2. To understand major influences and contributors in the field of psychology and the evolution of psychology.
CO 3. To understand psychological research methods and the nature of experimentation in Psychology.
 CO 4. Understand the cognitive aspects of perception, memory, motivation, emotion and language in human behavior.
CO 5. To recognize ways to apply psychological findings to everyday life.

Course Learning Outcomes:

After successful completion of this course, students will be able to

CLO 1. Demonstrate an understanding of the basic elements of psychology.

CLO 2. Analyze psychological concepts and techniques for practical problem solving
CLO 3. Identify the steps of the scientific method and explain how this method applies to psychological research methodology.
CLO 4. Implement psychological knowledge for self-grooming like time management, anger management, knowledge regarding one’s personality etc.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Assignments
Class Participation
Project and Presentation
Quiz
Total 20 20
GRANDTOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Week Activity Activity Level
1 Introduction to Psychology
1 • Basic Concept Lecture PLO 1 CLO 1,2 Knowledge
• Sub-fields of Psychology
2 • Schools of Thought Lecture PLO 1,4 CLO 1,2 Knowledge
 • Research Methods
3 Biological Basis of Behavior
• Neuron: Structure and Functions
2 Lecture Assignment # 1 PLO 1,5 CLO 1 Knowledge
• Central Nervous System

4 • Peripheral Nervous System

Lecture PLO 1 CLO 2 Knowledge
• Endocrine Glands
5 SENSATION, PERCEPTION AND ATTENTION
• Sensation: Sensing the World Around Us
Lecture Quiz # 1 PLO 1 CLO 1,2 Knowledge
3
6 • Perceptual Organization: Constructing Our View of the World
Lecture PLO 1,4 CLO 4 Comprehension

7 SENSATION, PERCEPTION AND ATTENTION

• Attention:
4 Lecture PLO 1 CLO 1,2 Knowledge
Factors affecting
Types of attention (sustained, selective, and divided
attention)
8 Class Activity: Provide real-life examples to illustrate how sensory
input is processed and interpreted by the brain. Activity PLO 4,5 CLO 3,4 Knowledge

9 LEARNING
5 • Basic Concepts Lecture Quiz # 2 PLO 1 CLO 1,3 Knowledge
• Classical Conditioning
10 • Applying Conditioning Principles to Human Behavior
• Extinction
• Generalization and Discrimination Lecture Assignment # 2 PLO 1,4 CLO 3,4 Application
• Beyond Traditional Classical Conditioning: Challenging Basic
Assumptions
11 • Operant Conditioning
Lecture PLO 1 CLO 2,3 Comprehension
• The Basics of Operant Conditioning: Reinforcement and
6 Punishment
12 • Observational Learning Lecture PLO 1 CLO 2,3 Comprehension
13 Class Activity: Provide personal examples or observations that
7 illustrate different learning processes in action Activity PLO 4,5 CLO 3,4 Application

14 Course Revision Lecture PLO 1 CLO 1 Knowledge

MIDTERM EXAMS
15 MEMORY
8 • The foundation of memory Lecture PLO 1 CLO 1,3 Knowledge
• Memory Processes: Retention, Recall and Recognition
16 • Sensory Memory, Short-Term Memory, Long-Term
Memory Lecture PLO 1 CLO 1,3 Knowledge
• Forgetting
17 Emotions
Discussion Assignment # 3 PLO 4,5 CLO 3,4 Application
9 Class Discussion: Understanding Emotional Experiences
18 • The Functions of Emotions
• Determining the Range of Emotions: Labelling Our Feelings
Lecture PLO 1 CLO 1,3 Knowledge
• The Roots of Emotions: James-Lange theory, Cannon-Bard
theory, Schahchter-Singer theory
19 Motivation
10 • Definition and Nature, Classification of Primary (Biogenic) Lecture PLO 1,4 CLO 2,3 Comprehension
Motives, Secondary Motives
20 • Drive-Reduction Approaches: Satisfying Our Needs
• Arousal Approaches: Beyond Drive Reduction Lecture PLO 1,4 CLO 2,3 Comprehension
• Maslow’s Hierarchy: Ordering Motivational Needs
21 Personality
11 • Definition concepts
• Freud’s Psychoanalytic Theory: Mapping the Unconscious Lecture PLO 1 CLO 1,3 Knowledge
Mind
• Trait Approaches: Placing labels on Personality
22 • Learning Approaches: We are What We Have Learned Quiz # 3 PLO 1 CLO 1,3 Knowledge
 • Biological and Evolutionary Approaches: Are we Born with
Personality?
• Humanistic Approaches: The Uniqueness of You

23 • Assessing Personality: Determining What Makes Us

12 Distinctive
• Self-Report Measures of Personality Lecture PLO 1 CLO 1,3 Knowledge
• Projective Methods
• Behavioral Assessment
24 Class Activity: Apply Personality Assessment Test Activity PLO 4,5 CLO 3,4 Discussion
25 Thinking and Intelligence
13 • Definition and Nature of Tools of Thinking: Imagery;
Lecture PLO 1 CLO 1,3 Knowledge
Language; Concepts o Kinds of Thinking o Problem Solving;
Decision Making; Reasoning
26 • What Is Intelligence? Theories of
• Intelligence, The Biological Basis of Intelligence,
Lecture PLO 1 CLO 1,3 Knowledge
Practical and Emotional,
• Intelligence Assessing Intelligence, Adaptive Testing
27 Project Presentations PLO 4,5 CLO 4,5 Creativity
14 28 Project Presentations PLO 4,5 CLO 4,5 Creativity
END TERM EXAM
Course Title: Applications of Information and Communication Technologies (ICT)
Course Code:
Credit Hours: 2+1

Course Instructor:
Mode of Contact:

You can contact your course instructor in the following ways:

Email:

Meeting: By appointment via e-mail

Course Code:
Credit Hours: 2+1
Course Instructor:

Prerequisites:
Computer Basics

COURSE DESCRIPTION/OBJECTIVES:

This course is designed to introduce the basic concepts and working of today’s Internet and its impact on individuals, society and organizations. The topics covered in this
course include wired and wireless networks, software and hardware components, database fundamentals, desktop and web applications, human computer interactions and
some economic and legal issues related to modern age of computers.

INTENDED COURSE LEARNING OUTCOMES

After successful completion of this course, students will be able to

• Explain information technology and understand its role in the modern age society
 • Identify the many uses for a computer
• Identify the communication networks
• Identify operating systems for workstations and servers
• Describe the purpose and functions of communication hardware
• Analyze information gathered online to solve a problem
• Understand the basic concepts of MS Office tools

RECOMMENDED TEXT BOOK

Using Information Technology 11th Edition by Brian K. Williams and Stacey Sawyer

REFERENCE MATERIAL

World Wide Web

“Computer Fundamentals” by P.K. Sinha

ASSESSMENT INSTRUMENT WITH WEIGHTS

S.N Items Marks

O
1. Mid Term Exam 30
2. End Term Exam 50
3. Internal Evaluation Breakdown
Quiz/Assignment 4
Presentation 5
Project 5
More than 90% 3
Attendance
Class Participation/ 3
Behaviours
 Total 20 20
Grand Total 100

COURSE CONTENT

Lecture Learning Assessment

Scheduled Topic PLO CLO Thinking Level
No Activity Activity

Introductions to Computer Basics and IT Lecture PLO2 CLO1 Knowledge

1.

Information Technology Basics and

Importance
Lecture PLO2 CLO1 Knowledge
2. (Computer Technology & Communication
Technology)

Email System (Theory)

Lecture PLO3 CLO2 Knowledge
3. (Web-based & Application based emails)

Practical demonstration of Email Systems Assignment 1

Practical PLO3 CLO3 Comprehension
4. (Subject Line, CC, BCC & Signature) Quiz 1

WWW, URL & DNS System Lecture PLO3 CLO5 Knowledge

5.

Lecture PLO2 CLO5 Comprehension

6. Internet and Internet Service Providers
 Systems Software (Operating System, Device
Lecture PLO2 CLO5 Analysis
7. Drivers, Utility Programs)

Application Software (Types and ways to

Lecture PLO2 CLO4 Knowledge
8. obtain application software)

How can we install an Operating System,

Lecture PLO2 CLO4 Comprehension
9. device driver, and other software?

Understanding a Task Management System Lecture/

Assignment 2 PLO2 CLO2 Application
10. (JIRA Software) Practical

Google Doc Practical (Getting Started with

Lecture/
Word collaborative tool, Formatting text and PLO2 CLO2 Application
11. Practical
paragraphs)

Google Sheet Practical (Managing Sheets & Lecture/

PLO2 CLO5 Application
12. Applying Formulas) Practical

Google Slide Practical (Customizing Design Lecture/

PLO2 CLO5 Application
13. Template & Customizing a SlideShow) Practical
 Cloud Computing Lecture PLO2 CLO7 Knowledge
14.

Playing with ready-made Graphics (Canva

Lecture/
Tool) PLO2 CLO7 Application
15. Practical
Creating a Fiver Account.

Lecture/
Creating & Designing a Google Form PLO2 CLO7 Application
16. Practical

Understanding E-commerce Business Models Lecture PLO8 CLO7 Knowledge

17.

Understanding Amazon FBA, Wholesale &

Private Label. Building our own E-commerce Lecture PLO8 CLO5 Knowledge
18.
System Shopify, Wix & Magento Framework)

Understanding Linkedin Lecture Quiz 2 PLO8 CLO3 Comprehension

19.

Lecture/
Creating a Linkedin Profile PLO2 CLO3 Application
20. Practical

Introduction to Electronic Databases and

Lecture PLO2 CLO3 Comprehension
21. their Storage Hierarchy

Lecture PLO2 CLO2 Comprehension

22. Database Management Systems and its
Benefits

Creating a Relational Database Model on a

Lecture/ Assignment 3
laptop PLO2 CLO6 Application
23. Practical Project
(MySQL)

Data Mining and Artificial Intelligence Lecture PLO2 CLO6 Analysis

24.

Threats to Computers and Communication

Systems
(Phishing, Spoofing, Spamming, Fake Lecture PLO2 CLO6 Analysis
25.
Screenshots, Keylogger, Malware & DDOS
Attack )

Safeguarding Computers and

Lecture Quiz 3 PLO8 CLO3 Knowledge
26. Communication Systems

Securing Social Network Accounts by

Lecture/
Implementing Two Factor Authentication PLO8 CLO3 Application
27. Practical
(Installing Google Authenticator)

Systems Development (Six Phases of System Lecture PLO2 CLO6 Analysis

28.
Analysis and Design)
Course Title: Introduction to Technology (Lab)
Course Code:
Credit Hours: 1 ( 1= 3hours of lab per week)
Course Instructor:

Prerequisites:
Computer Basics

COURSE DESCRIPTION/OBJECTIVES:

This course is designed to introduce the basic concepts and working of today’s Internet and its impact on individuals, society and organizations. The topics covered in this
course include wired and wireless networks, software and hardware components, database fundamentals, desktop and web applications, human-computer interactions and
some economic and legal issues related to the modern age of computers.

INTENDED COURSE LEARNING OUTCOMES

After successful completion of this course, students will be able to
• Explain information technology and understand its role in the modern age society
• Identify the many uses for a computer
• Identify the communication networks
• Identify operating systems for workstations and servers
• Describe the purpose and functions of communication hardware
• Analyze information gathered online to solve a problem
• Understand the basic concepts of MS Office tools

RECOMMENDED TEXT BOOK

Using Information Technology 11th Edition by Brian K. Williams and Stacey Sawyer
REFERENCE MATERIAL
World Wide Web

“Computer Fundamentals” by P.K. Sinha

ASSESSMENT INSTRUMENT WITH WEIGHTS

S.NO Items Marks
2. End Term Exam 25
3. Internal Evaluation
Breakdown
Lab Assignment 1 or 2 60
assignments
each week
Lab Project 15
Grand Total 100

COURSE CONTENT
Week Lecture TOPICS TO BE COVERED
No No
1. Introductions to Computer Basics and IT
1.
2. Understanding a computer system hardware
3. Selecting a browser software & Creating a chrome profile
2.
4. Practical demonstration of Email Systems (Subject, cc, bcc, signature, attachment)
5. Demonstration of http and https websites
3.
6. Assigning an IP address to a computer (IP, Gateway)
4. 7. Assigning an IP address to a computer (Dynamic IP, Static IP)
 8. How to verify data integrity (Hashing algorithm md5, sha256)
9. Google Doc Practical (Getting started with word)
5.
10. Google Doc Practical (Formatting text and paragraphs)
11. Google Docl (Adding Tables and Table of Contents)
6.
12 Google Doc (Inserting Graphics Objects)
13. Google Doc (Controlling Page Appearance)
7.
14. Google Doc (how to share a document)
MIDTERM EXAMS

MIDTERM BREAK

15. MS PowerPoint Practical (Customizing Design Template)

8.
16. MS PowerPoint Practical (Working with Media and Animation)

17. Purchasing a domain name, creating a website, and hosting it on cloud provider infrastructure.
9.
18. MS Excel Practical (Getting started with Excel)

19. MS Excel Practical (Modifying a Worksheet)

10.
20. MS Excel Practical (Formatting a Worksheet)

21. Creating a mysql database on a local computer.

11.
22. Implementation of 2FA with Google Authenticator

23. Creating an account on the task management system (Jira Software)

12.
24. Implementing and using a task management system for agile management (Jira Software)

25. Installing antivirus software and updating definitions.

13.

26. Creating a virtual machine and installing the windows operating system.

27. Project Demonstration

14.
28. Project Demonstration

ENDTERMEXAMS
Course Title: Islamic Studies
Course Code:
Credit Hours: 2+0

Course Instructor:

Prerequisites:

Basic knowledge about beliefs and practicals, Ethics, Islamic Core Values

Reference Material:

1. AL-QURAN AL-KARIM, (English Translation, Abdullah Yusuf) (Islamabad: IRI,2004)

2. Dr. Sallᾱbῑ, Ali Muhammad, The Noble life of the Prophet‫ )صلى هللا عليه وسلم‬Darussalam, 2005)
3. Prof. Khursheed Ahmad, Islami Nazaryah Hayat (University of Karachi, 2006)
4. Dr. Muhammad Hameedullah , Introduction to Islam, , IRI, Islamabad
5. Sayyed Mududi, Islami Tehzeeb Key Usool-O-Mabadi, Islamic Publications, Lahore
6. Safi-ur-Rehman Mubarak puri, Al-Raheeq Al-Makhtoom, Maktaba Salfia, Lahore.
7 Usmani, Muhammad Taqi. "Uloomul Quran: An Approach to the Quranic Sciences." (2007).

8 Nyazee, Imran Ahsan Khan. Outlines of Islamic jurisprudence. Lulu. com, 2019.

9 A'la Mawdudi, Sayyid Abul. Towards Understanding Islam. Kube Publishing Ltd, 2013.

10 Nyazee, Imran Ahsan Khan. Islamic law of business organization partnerships. International Institute of Islamic Thought (IIIT), 2002.

11 Esposito, John L. "Political Islam and the West." (2000).

12 Usmani, Mufti Muhammad Taqi. An introduction to Islamic finance. Brill, 2021.

Recommended Web Sources

https://www.australianislamiclibrary.org/
https://kitabosunnat.com/

Course Description:
Islamic Studies (Compulsory) has been developed in line with HEC guidelines on the subject and need analysis carried out at NUML Campuses for accruing optimum course
outcomes. The course has been developed in Cognitive, Affective, as well as Psychomotor domains in following five units with relevant content:

Course Objectives:
The course objectives are:
o The character building of young students by enhancing the knowledge of the students on Islam.
o Moral uplifting by refreshing and connecting them to Islamic moral values.
o Providing a pathway towards pursuing general knowledge in Islamic Studies.
o Providing them a way to critical approaches while understanding Islam in diverse perspectives.
o To help student in becoming leaders with diverse qualities by following true Islamic teachings.
o To enhance understanding of the students regarding Islamic Civilization
o To improve Students skill to perform prayers and enhancing their spiritual attachment to religion.
o To enhance the skill of the students for understanding related to religious life in context of contemporary issues.

Course Learning Outcomes:

After successful completion of this course, students will be able to

o CLO1 : Explain the benefits of adhering to the teachings of Islam embedded in Quranic verses and Sunnah of the Holy Prophet ‫ صلى هللا عليه وسلم‬for leading a real

prosperous life (Cognitive)

 o CLO2 : Apply the Islamic guidelines in the fulfilment of religious obligations; identification of core values; articulation of multiple human roles in life; accruing
personal rights through the accomplishment of others’ obligations; mutual respect and enforcement of mutual coexistence through emotional balance, as well as

conflict avoidance / resolution; formulation of code of conduct (Affective)

o CLO3 : Exhibit the fundamentals of Islam in the execution of the Pillars of Islam; manifestation of sympathy, empathy, compassion and respect for all; thus lead a

real meaningful and prosperous life (Psychomotor)

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Assignments
Class Participation
Project and Presentation
Quiz
Total 20 20
GRANDTOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Week Activity Activity Level
1 • Introduction to the Basic Sources of Islam & Islamic
1 Studies
Lecture PLO 1 CLO 1,2 Knowledge
• Introduction to Religion and its contribution to Human
Life
2 • Introduction to Islam as Deen, sources of study to learn Lecture PLO 1,2 CLO 1,2 Knowledge
 Islam
3 • The Holy Quran
2 • Introduction & Status of the Holy Quran. Lecture PLO 1,3 CLO 1 Knowledge
( basic concepts,historical perspective,compilation)
4 • Concept of Religion/Deen in Qur’an Lecture PLO 1 CLO 2 Knowledge
5 • Qur’an as Basic Source of Islamic Ideology of Life
Discussion PLO 1 CLO 1,2 Comprehension
• Understanding contents of Quran
3 6 Hadith & Sunnah of the Holy Prophet ( ‫صلى هللا عليه وسلم‬
Lecture PLO 2,3 CLO 3 Knowledge
• Introduction and Status of Hadith & Sunnah
7 • Hadith o Sunnah as source of Islamic Ideology Lecture PLO 1 CLO 1,2 Knowledge
8 • Seerat -ul-Nabī ( ‫( صلى هللا عليه وسلم‬as Role Model
4 for Human Beings
Lecture Quiz # 1 PLO 1 CLO 1,3 Knowledge
• Introduction to the life of the Holy Prophet ‫صلى هللا‬
‫عليه وسلم‬.
9 • Study of Seerah Through the Holy Quran
Lecture PLO 1 CLO 1,3 Knowledge
5 • Textual Study of the Quran (Selected Surahs)
10 • Surah Al Hujurat and Respect of Holy Prophet(S.A.W) Discussion Assignment # 1 PLO 1 CLO 1,3 Comprehension
11 Study of Seerah Through Hadith & Sunnah
6 Basic Concepts ,Historical perspective,types, and Importance Lecture PLO 3 CLO 3 Knowledge
of Hadith
12 Difference between Hadith o Sunnat,preservation,Compilation Lecture PLO 2,3 CLO 2,3 Knowledge
13 Translation and Explanation of selected Ahadith
Discussion Assignment # 2 PLO 2,3 CLO 2,3 Comprehension
7 Prophet Muhammad (PBUH) as Role Model
14 Course Revision Lecture PLO 1 CLO 1 Knowledge
MIDTERM EXAMS
15 • Faith & Worship
8 • Imaniyyaat/ Basic Beliefs (Tawheed, Risalat, Akhirat) Lecture PLO 1 CLO 1,3 Knowledge
• Ibadaat/ Philosophy and Practice of Worship
16 • Pillars of Islam; Iman, Ibadat, Akhlaq & Muamalah Lecture PLO 1 CLO 1,3 Knowledge
 17 Rights and Obligations
Lecture Assignment # 3 PLO 1 CLO 1,3 Knowledge
9 • Identification of individual rights
18 • Identification of obligations towards others.
Maintenance of balance between among own rights Lecture PLO 1 CLO 1,3 Knowledge
and others’ obligations
19 Islamic Values and Manners (Adab-E-Dindgi)
Lecture PLO 1,3 CLO 3 Knowledge
10 Identification of Core Values in Huqu-ul-Ibaad
20 Inculcation of Core Vlues Discussion PLO 2,3 CLO 2,3 Comprehension
21 Understanding of Basic Islamic Manners, Lecture PLO 1 CLO 1,3 Knowledge
11 22 • Manners Cleanliness & Health. Dressing, Eating and
Drinking. Sleeping and Rising. Greeting, Meeting. Assignment # 4 PLO 1 CLO 1,3 Comprehension
Talking and Visiting the Sick etc
23 • The Contemporary World in Islamic Perspective (To
12 be focused more by the teacher, according to the
Lecture PLO 1 CLO 1,3 Knowledge
students of the class/subject/area of study)
• Society & State
24 • Religions, Culture & Civilization
Lecture PLO 1 CLO 1,3 Knowledge

25 • Science, Technology & Social Sciences Lecture PLO 1 CLO 1,3 Knowledge
13 26 • Business & Management Sciences Lecture Quiz # 2 PLO 1 CLO 1,3 Knowledge
27 Project Presentations PLO 2,3 CLO 2,3 Creativity
14 28 Project Presentations PLO 2,3 CLO 2,3 Creativity

ENDTERM EXAMS
Course Title: Ethics
Course Code:
Credit Hours: 2
Course Instructor:

Prerequisites:

Basic knowledge about beliefs and practicals, Ethics, Islamic Core Values

Reference Material:

1. Morality and Ethics,Paul Weiss,The Journal of PhilosophyVol. 39, No. 14 (Jul. 2, 1942), pp. 381-385 (5 pages)
Published By: Journal of Philosophy,

2. Dr. Muhammad Hameedullah , Introduction to Islam, , IRI, Islamabad

.
3 A'la Mawdudi, Sayyid Abul. Towards Understanding Islam. Kube Publishing Ltd, 2013.

4 Esposito, John L. "Political Islam and the West." (2000).

5 Islam and Morality , A philosophical Introduction, Oliver Leaman,september5,2019, Bloomsburry academic

6 philosophy of Religion: A very short introduction,Tim Bayne,February 2018,Oxford University press

7 Human Rights,old problems ,New possibilities,david Kinely,2013,university of Sydney,Australia

8 Role of Islamic Education in Character Building, Dr sumbul ansar khan, SMIU,Karachi,April 2014,Educational Research International V3(2)

Recommended Web Sources

https://www.australianislamiclibrary.org/

https://www.academic.oup.com

Course Description:
The objectives of ethics are to study and assess human behavior. It is also establish principals and moral stamdards of behavior. Ethics is not compulsory but has been
developed in line for Non Muslims at NUML Campuses for accruing optimum course outcomes,it is not forced upon anyone but being ethical is one step forward being a
good person. The course has been developed in Cognitive, Affective, as well as Psychomotor domains in following five units with relevant content:

Course Objectives:
The course objectives are:
o The character building of young students by enhancing the knowledge of the students on Morality and Ethics.
o Moral uplifting by refreshing and connecting them to Islamic and Western moral values.
o Providing a pathway towards pursuing general knowledge in Religion.
o Providing them a way to critical approaches while understanding Islam in diverse perspectives.
o To help student in becoming leaders with diverse qualities by following true Islamic teachings.
o To enhance understanding of the students regarding Islamic Civilization
o To improve Students skill to perform prayers and enhancing their spiritual attachment to religion.
o To enhance the skill of the students for understanding related to religious life in context of contemporary issues.

Course Learning Outcomes:

After successful completion of this course, students will be able to

o CLO1 : Explain the benefits of adhering to the teachings of Morality and Ethics embedded in Religion]

for leading a real prosperous life (Cognitive)

 o CLO2 : Apply the Religious guidelines in the fulfilment of religious obligations; identification of core values; articulation of multiple human roles in life; accruing
personal rights through the accomplishment of others’ obligations; mutual respect and enforcement of mutual coexistence through emotional balance, as well as

conflict avoidance / resolution; formulation of code of conduct (Affective)

o CLO3 : Exhibit the fundamentals of Islam in the execution of the Pillars of Islam; manifestation of sympathy, empathy, compassion and respect for all; thus lead a

real meaningful and prosperous life (Psychomotor)

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Assignments
Class Participation
Project and Presentation
Quiz
Total 20 20
GRANDTOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Week Activity Activity Level
1 • Morality and Ethics
1 • Introduction to Morality,Ethics and its role in Human Lecture PLO 1 CLO 1,2 Knowledge
Life
2 • Difference between Morality and Ethics
Lecture PLO 1,2 CLO 1,2 Knowledge
• Relationship between Morality and Ethics
 3 • Moral System of Islam
Lecture PLO 1,3 CLO 1 Knowledge
2 • Introduction
4 • Key aspects of Islam Lecture PLO 1 CLO 2 Knowledge
5 • Contents of Moral system in Islam Discussion PLO 1 CLO 1,2 Comprehension
6 Concept of God in all religions
Lecture PLO 2,3 CLO 3 Knowledge
3 • Concept pf God in religion and its reflection
7 • Need of Religion and its role in Humans Life
• Introduction and purpose of religion Lecture PLO 1 CLO 1,2 Knowledge
4 • Difference between religion and Deen
8 • Importance of Religion in Humans Life
Lecture Quiz # 1 PLO 1 CLO 1,3 Knowledge

9 • Human rights in an Islamic and Western state

5 • Perspective of Western and Islamic Ethics, Lecture PLO 1 CLO 1,3 Knowledge
• difference
10 • Detail of Human Rights in Islamic and Western State Discussion Assignment # 1 PLO 1 CLO 1,3 Comprehension
11 Brotherhood
6 Introduction, Philosophy, Importance of brotherhood in Lecture PLO 3 CLO 3 Knowledge
Humans Life
12 • Responsibilities of Human Beings
Lecture PLO 2,3 CLO 2,3 Knowledge
Fundamental Principal of Humantiy
13 • Fundamental Responsibilities of Human beings
Discussion Assignment # 2 PLO 2,3 CLO 2,3 Comprehension
7
14 Course Revision Lecture PLO 1 CLO 1 Knowledge
MIDTERM EXAMS
15 Pillars of Islam under the debate of Moral Values
Lecture PLO 1 CLO 1,3 Knowledge
8 • Pillars of Islam and its ethical Philosphy
16 • Moral Framework of Islamic Pillars Lecture PLO 1 CLO 1,3 Knowledge
17 Character Building of Nation and Generation
Lecture Assignment # 3 PLO 1 CLO 1,3 Knowledge
• Character Development
9 18 • Relationship between Faith and Morality according to
Lecture PLO 1 CLO 1,3 Knowledge
ethical values
19 Concept of The Day of Judgement in all religions
Lecture PLO 1,3 CLO 3 Knowledge
10 Philosophy of The day of Judgement
20 Key Beliefs of The day of judgement in all religions Discussion PLO 2,3 CLO 2,3 Comprehension
21 Purpose of Humans Life
Lecture PLO 1 CLO 1,3 Knowledge
11 Fundamental aspects of Humans Life
22 • Individual and Collective objectives of Humans life Assignment # 4 PLO 1 CLO 1,3 Comprehension
23 • Fundamental Article of Faith in Islam
Lecture PLO 1 CLO 1,3 Knowledge
12 • Basic Beliefs
24 • Principals of Faith
Lecture PLO 1 CLO 1,3 Knowledge

25 • Articles of Faith Lecture PLO 1 CLO 1,3 Knowledge

13 26 • Role and Importance of Faith Lecture Quiz # 2 PLO 1 CLO 1,3 Knowledge
27 Project Presentations PLO 2,3 CLO 2,3 Creativity
14 28 Project Presentations PLO 2,3 CLO 2,3 Creativity

ENDTERM EXAMS
Course Title: Basic English Language Skills
Course Code:
Credit Hours: 3
Course Instructor:
Mode of Contact:

PREREQUISITES: Language skills

Textbook And Reference Material:

1. Greenall, S. and Swan, M. Effective Reading (Cambridge: CUP, 1986)
2. Jordan, R.R. Academic Writing Skills (London: Collins, 1990)
3. Lazar, G. Literature in the Language classroom (Cambridge: CUP, 1993).
4. Maugham, W.S. Selected Short Stories (London: Pan 1986).
5. Montgomery, R.L. Fifteen Reading Lessons (Cambridge: CUP).
6. Nuttall, C. Reading Comprehension (Cambridge: CUP, 1994)
7. Trescothick, M.E. (Ed.) A Golden Treasury of English Verse (London: OUP, 1984).
8. Tomlinson, B. and Ellis, B. Reading – Advanced (London: OUP, 1988)

Teaching Methodology:
The teacher should make use of task-based methodology by converting most topics into short and long tasks keeping learner autonomy in mind.
These tasks can be done individually, in pairs and groups.
Course Objectives:
➢ To provide students the basic language support in dealing with their respective subjects
➢ To make them more proficient in assimilating data and information
➢ To help them write the assignments, reports, papers etc. pertaining to their subjects
 ➢ To increase their oral communicative abilities, towards verbally relating ideas regarding their subjects
➢ To make them better, more attentive and accurate listeners
➢ To comprehend lectures and readings
➢ To assimilate data and information to produce written assignments and reports
➢ To communicate verbally ideas and information pertaining to their subjects

Course Learning Outcomes: Upon completion of this course, students will be able to:

1. Read ,write and speak English language

2. Able to develop adequate expressions in writing
3. To Criticize emphatically and politely
4. Comprehend instructions and directions in spoken conversation and passages
5. Demonstrate the ability to work effectively.
6. To infer and deduce textual meaning.
7. To understand the purpose and function of a text.
8. Understand the current issues

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SN MARK
ITEMS
R S
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
 Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 2 20
0
GRAND TOTAL 100 COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLOi CLO
Activity Activity Level

01 Introduction
How language has started
History of language(A brief Intro.) Lecture PLO1 CLO1 Knowledge
Sharing interests ang hobbies

02 Importance of communication
• What is communication Lecture PLO1 CLOI
• Importance of communication in our life Knowledge
03 Principles of communication Assignment 1
• Communication Lecture PLO2 CLO1 Knowledge
04 Settings of Communication
• Settings of Communication
Lecture PLO2 CLO3 Comprehension
• Students will work in pair
• Deliver speech
05 Paragragh Writing
• Techniques of writing Assignment 2
Lecture PLO3 CLO2 Comprehension
• Describe any event
• Writing daily routine
06 Letter of application
Lecture PLO3 CLO2 Comprehension
• Format of letter

07 Reading strategies
• Technique of skimming Lecture Quiz 1 PLO5 CLO4 Comprehension
• Technique of scanning
08 Vocabulary Building
• Discuss the role of the skimming and
Lecture PLO5 CLO6 Comprehension
scanning in reading
• Summarizing the main themes
09 Importance of Listening
• Differentiate between listening and hearing Lecture PLO4 CLO8 Comprehension
• Why is listening so important
10 Listen and Repeat
Lecture PLO4 CLO3 Comprehension
• Describing listening strategies
11 Listen and Discuss
Lecture PLO1 CLO3 Comprehension
• Story listening
 • Discuss the main themes and vocabulary
12 Effective listening
• Problems of poor listening Lecture Quiz 2 PLO2 CLO5 Comprehension

13 Managing nervousness
• Discuss how overcome nervousness. Lecture PLO6 CLO 1 Comprehension
• Value of fear
14 Revision Class Before Midterms Lecture
15 Presentation Skills
• Explain the use of Audio-Video Aids
• Types of A.V.Aids Lecture Presentation(3) PLO2 CLO5 Comprehension
• Discuss and evaluate the effectiveness of
Audio Visual Aids
16 Presentation Aids
• Organizing Presentation
• Discuss the importance of A.V.Aids in Lecture PLO2 CLO 8 Comprehension
presentation
• Use of Media and software
17 Introductions and Conclusions
• Power of words Assignment 3
Lecture PLO3 CLO1 Comprehension
• Finding and using the right and
appropriate words
18 Reading Comprehension
• Newspaper Reports PLO5 CLO5 Comprehension
• Articles
 • Short Stories
19 Reading Tasks Lecture Comprehension
• Explain the principles and purpose of
skimming and scanning PLO5 CLO6
• Summarize the main themes
• Identify supporting details
20 Listen and Repeat Lecture Comprehension
• Listen i.e Multiple choice questions
PLO6 CLO8
• Summarize the main idea
• Audio materials i.e podcasts and videos
21 Verbal And Non-Verbal Communication Lecture
• How to manage Misunderstanding
• How words work
PLO2 CLO1 Comprehension
• How to apologies
• Personal Appearance, Eye contact, Facial
expressions and Gestures
22 Seven C’s of Communication Lecture
• Describe and discuss the importance of 7 PLO6 CLO3 Comprehension
C’s in communication
23 Communication process Lecture
• What is communication PLO1 CLO3 Comprehension
• Types of communication
24 Conflict Management Skills Lecture Comprehension
• Define conflict PLO4 CLO8
• Types of conflicts
25 Writing a Resume Lecture PLO3 CLO2 Comprehension
 • Samples to be discussed in the class
26 Listen and Write Lecture Comprehension
• Listen to different stories PLO6 CLO3
• Write about them
27 Reading Tasks
Lecture PLO5 CLO7 Comprehension
• Make inferences
28 Writing an Essay
• Techniques Lecture PLO3 CLO8 Comprehension
• Content writing
Course Title: Principles of Accounting
Course Code:
Credit Hours: 3+0

Course Instructor:
You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

PREREQUISITES: None

Textbook: “FINANCIAL & MANAGERIAL ACCOUNTING (The Basis for Business Decisions’ - 15th edition (Chapter 1_5)

Authors: Robert F. Meigs Walter B Meigs Jan R. Williams Susan F. Haka Mark S. Bettner Joseph V. Carcello

Reference Material: Fundamentals of Accounting by Libby & Libby (8th Edition)

Course Description: Fundamentals of Accounting is a course that covers the fundamentals of accounting with the newcomer in mind. Accounting is more than just
memorizing terms and procedures. This course assumes students have no prior knowledge about accounting or finance, and delivers lessons and examples to build
accounting skills. Specifically, this class addresses accounting terminology, revenue, expenses, net income, the accounting equation, debits, credits, and balancing the
accounting formula, the accounting structure, the accounting cycle, journals, ledgers, the trial balance and more. It also guides students to learn how to read financial
statements properly, and how to grab meaningful information from the balance sheet, income statements and cash flow statements.

Course Objectives:
The objective of this course is as under:
1. To provide an introductory knowledge of accounting to first-Semester students.
2. While a general overview of accounting principles relating to the preparation of financial and managerial reports will be presented, the primary focus is to illuminate
 how accounting information is utilized by a variety of stakeholders in planning, controlling and investing decisions.
3. After completing this course, students will have a solid understanding of accounting in today's world.
4. They will understand how and why financial transactions are documented, they will know what cash flow is and how to improve it, and they will know what profit is,
how it's interpreted and what influences its growth

Course Learning Outcomes: Upon completion of this course, students will be able to:

1. Identify why accounting is a necessary skill.

2. Summarize the history of accounting.
3. Identify and describe assets, liabilities and owners' equity.
4. Recognize and compare the major financial reports.
5. Describe and create a company's Income Statement.
6. Compare and contrast a company's revenue, expenses, income, and retained earnings.
7. Solve worksheet problems involving income statements, revenue, expenses, and net income.
8. Identify the key elements of a Balance Sheet.
9. Balance the accounting equation and properly chart debits and credits.
10. Describe the key elements of bookkeeping.
11. Avoid the pitfalls of bad bookkeeping habits.
12. Describe the accounting cycle.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
Class Participation 5
 Présentations 5
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO1 CLO
Activity Activity Level
01 Introduction to Accounting.
■ Accounting Information.
■ Types of Accounting Information.
■ Role of Accounting Information in making decisions. Lecture PLO 1 CLO 1 Knowledge
■ Importance of Accounting Information for internal and
external users.
■ Accounting Systems.
02 Introduction to Accounting.
■ Basic Terms. Business and its types. Lecture Quiz # 1 PLO 1 CLO 3 Knowledge
■ Types of Accounts (Assets, Liabilities
 ■ Capital, Expense and Revenue.
■ Types of Accounts.
■ Accounting Cycle.
■ Accounting Period, Fiscal Year
■ Credit, Debit,
03 Accounting cycle ( Basics)

■ How to balance the fundamental accounting equation;

■ Debits and Credits; Lecture PLO 1 CLO 3 Comprehension
■ Double Entry Accounting; Diagrams and Charts; Real
World Example;

04 Accounting cycle ( Basics)

■ Cash and credit transaction.

■ Effect of Transactions on Accounting Equation.
Lecture Q&A PLO 1 CLO 9 Knowledge
■ Source Documents
■ General Journal. Journalizing the events of
increase in capital, increase and decrease in
Assets and Liabilities.
05 Accounting cycle ( Journal) CLO
Lecture PLO 1 Comprehension
■ General Journal. Accrual Basis Accounting 10
06 Accounting cycle ( Journal)
CLO
Lecture & Case let PLO 1 Comprehension
■ Applying Matching and Realization principle in 10
Recognizing expenses and Revenue.
07 Accounting cycle (Ledger) CLO
Lecture PLO 1 Comprehension
■ General Journal and its relationship to ledger. 12
 ■ Posting (Process of transferring information from
the journal to the individual accounts in the
Ledger.
■ Types of Ledgers.
08 Accounting cycle (Trial Balance)
Assignment 1 CLO
■ Trial Balance, Its Uses and Limitations. Lecture PLO 1 Comprehension
10
■ Errors in trial balance, suspense account
09 Accounting cycle (Financial Statements)

■ Financial Statements. Nature and general purpose Lecture Quiz # 2 PLO 2 CLO 4 Comprehension
of Financial Statements. Relevant Accounting
Principles
10 Accounting cycle (Financial Statements)
■ Purpose of the Income Statement; Multi-Step
Income Statement; What are Lecture PLO 4 CLO 5 Comprehension
■ Retained Earnings, Revenue, Expenses, Net
Income, Income Tax
11 Accounting cycle (Financial Statements)
■ Statement of Retained Earnings and Classified
Assignment 2
Balance Sheet. Lecture PLO 4 CLO 8 Comprehension
■ Relation of Income statement, Statement of
Owners Equity and Balance Sheet.
12 Accounting cycle (Financial Statements)
■ Incomplete Income statement and balance sheet
Lecture & Case let PLO 4 CLO 8 Comprehension
■ Rectifying errors in income statement and
balance sheet
13 Accounting cycle (Financial Statements) Lecture Quiz 3 PLO 4 CLO 8 Comprehension
 ■ Rectifying errors in income statement and
balance sheet
■ Accounting principles and conventions
14 Accounting cycle
Lecture PLO 2 CLO 8 Comprehension
Practice from journal to Balance Sheet. Accounting Cycle.
15 Accounting cycle (Adjusting Entries)
■ Need for adjusting entries,
■ Types of Adjusting Entries.
Lecture PLO 2 CLO 6 Knowledge
■ The concept of Depreciation.
■ Accumulated Depreciation. Book Value. Contra
Asset Account. Depreciate able Assets. Useful Life.
16 Accounting cycle (Adjusting Entries)
■ Converting Assets to Expenses;
■ Prepaid Expenses, Accrued Expenses Lecture Q&A PLO 2 CLO 6 Comprehension

17 Accounting cycle (Adjusting Entries)

Assignment 3
■ Converting liabilities to Revenue. Lecture PLO 2 CLO 6 Comprehension
■ Accruing uncollected revenue.
18 Accounting cycle (Adjusted Trial Balance)
■ Purpose of Adjusted Trial Balance. CLO
Lecture Quiz 4 PLO 2 Comprehension
■ Effects of Adjusting Entries on Financial 7,8
Statements
19 Accounting cycle (Supplemental Topic)
Lecture PLO 2 CLO 7 Comprehension
■ Preparing a Work Sheet and its uses.
20 Accounting cycle (Closing Entries) CLO
Lecture Q&A PLO 2 Comprehension
▪ Closing Temporary Accounts. 12
21 Accounting cycle (After Closing Trail balance) CLO
■ Prepare after closing trail balance Lecture Quiz 5 PLO 2 Comprehension
12
22 Accounting for Merchandising Concerns
■ Introduction to Merchandising Concerns.
■ Operating cycle of Merchandising Companies Lecture PLO 1 CLO 1 knowledge

23 Accounting for Merchandising Concerns CLO

Lecture Q&A PLO 1 Comprehension
■ Journal Entries in Periodic & Perpetual Systems 10
24 Accounting for Merchandising Concerns’
CLO
■ Credit terms, Cash discounts, Lecture Q&A PLO 2 Comprehension
■ Returns of Unsatisfactory ,Merchandising Exercise 10

25 Accounting for Merchandising Concerns

CLO
■ Special cases in Merchandising Companies Net Lecture & Case let PLO 1 Comprehension
10
method.
26 Accounting for Merchandising Concerns
Assignment 4 CLO
■ Special cases in Merchandising Companies Net Lecture PLO 1 Comprehension
10
method.
27 Accounting for Merchandising Concerns CLO
Lecture Quiz 6 PLO 2 Comprehension
■ Practice Questions and cases 10
28 Cases Discussions/ Projects/ Presentation CLO
Presentations Q&A PLO 3 Application
1-12
29 Cases Discussions/ Projects/ Presentation CLO
Presentations Q&A PLO 3 Application
1-12
30 Cases Discussions/ Projects/ Presentation Presentations Q&A PLO 3 CLO Application ion
 1-12
31 Cases Discussions/ Projects/ Presentation CLO
Presentations Q&A PLO 3 Application
1-12
32 Revision CLO
Lecture PLO 3 Comprehension
1-12
• Q & A for orally ask questions from previous lecture.
• Case let: a small case discuss in the book.
Course Title: Principles of Management
Course Code:
Credit Hours: 3+0
Course Instructor

Mode of Contact You can contact your course instructor in the following ways:
Email: [email protected]

Meeting: By appointment via e-mail

PREREQUISITES: The students must know the basic workflow design of organization.

Textbook:
Stephen P. Robbins, Mary Coulter, Management. 14th edition.
Reference Material:

• Jones, G. R., George, J. M., & Hill, C. W. (2000). Contemporary management. 11th Edition.
• Courtland L. Bovee, John V Thill. Marian Burk Wood, George P. Thill, Management, international Edition.

Course Description: This is an introductory course about the management of organizations. It basically describes what management is, why management is important, what
managers do, and how managers utilize organizational resources efficiently and effectively to achieve organizational goals. This course will cover the principles, roles functions,
theories and approaches of Management. Focusing upon skills and competencies of 21st Century Managers, an effort will be made to incorporate current trends, global and
technological advancements with the primary concepts of this discipline. It provides instructions in principles of management that have general applicability to all types of
enterprises; basic management philosophy and decision making; principles involved in planning, organizing, leading, and controlling; and recent concepts in management.
The majority of class time will be spent in lectures for concept building of basic management principles, functions and solutions as well as their application to general
management related problems.

Course Objectives: The course objectives are

• To introduce and relate the basic managerial functions of management: Planning. Organizing, leading and controlling.
• Describe how the need to increase organizational efficiency and effectiveness has guided the evolution of management theory
• Describe the various personality traits that affect how managers think, feel, and behave
• Discuss the management global challenges
• Understand the nature of managerial decision making, differentiate between programmed and non-programmed decisions, and explain why non-programmed decision making
is a complex, uncertain process.
• Understanding formal steps in organizational planning process
• Define organizational control and explain how it increases organizational effectiveness.
• Describe the four steps in the control process and the way it operates over time.
• Identify the main output controls, and discuss their advantages and disadvantages as means of coordinating and motivating employees.
• Explain what leadership is, when leaders are effective and ineffective, and the sources of power that enable managers to be effective leaders.
• Identify the traits that show the strongest relationship to leadership, the behaviors leaders engage in, and the limitations of the trait and behavioral and contingency models of
leadership.
• Develop understanding of effective leadership and management in organizations.
• Understanding group dynamics and role of leadership in resolving group conflicts and effective communication gaining organizational competitive advantage.

Course Learning Outcomes: The objective of this course is to expose students to the theories of management, organizational theory, and the practice of management in
contemporary organizations from a conceptual, analytical, and pragmatic perspective. Upon completion of this course, students will be able to:
➢ Learn the basic concepts of the Four Pillars of Management – Planning, Organizing, Controlling & Leading
➢ Learn the basic theories, principles, functions and roles of Management in global market context.
➢ Facilitate to practically view managerial and organizational problems and issues
➢ The course helps students to confront both the task learning and personal learning involved in becoming a manager.
➢ Demonstrate the ability to work effectively as part of a group, and display communication and presentation skills.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
 Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Foundation of management. Definition Scope and
Lecture PLO 1 CLO 1 Knowledge
Function of Management.
02 Different levels, Roles and Skills of Management,
Lecture PLO 1 CLO 2 Knowledge
Management & Organization.
03 Current trends & Issues of Management; workforce
Lecture Assignment 1 PLO 7 CLO 2 Comprehension
diversity, globalization.
04 IT development, Knowledge Management, Innovation
Lecture PLO 5 CLO 2 Comprehension
and Creativity etc.
05 Management theories and perspectives. Evolution of
Lecture Quiz 1 PLO 1 CLO 2 Comprehension
Management Theories.
06 Scientific Management, Administrative Management,
Lecture PLO 1 CLO 2 Comprehension
Bureaucratic Management.
07 Behavioral theories, Hawthorne Studies, System
Case Study Presentation PLO 3 CLO 2 Application
Approach, Contingency Approach.
08 Organizational culture & environment: Different
Lecture PLO 1 CLO 2 Comprehension
Views and Sources of Culture.
09 External & Internal Environmental Factors, Task &
Lecture PLO 4 CLO 2 Comprehension
Mega Environment.
10 Corporate social responsibility, Views on CSR, value
Lecture PLO 4 CLO 2 Comprehension
based management
11 Ethics in management, factors affecting ethics and Ethical Dilemma
Lecture PLO 6 CLO 3 Analysis
improving ethical behaviors. Exercise
12 Decision making: Decision making process of eight
Lecture PLO 2 CLO 4 Application
steps and its Conditions.
13 Decision Making Errors and Biases, Types of Problems
Lecture Assignment 2 PLO 2 CLO 4 Application
and Respective Decisions.
14 Foundation of planning: Conceptual View of Planning
Lecture Quiz 2 PLO 1 CLO 3 Knowledge
and its Purpose and importance.
15 Challenges and Types of Planning, Types and
Lecture PLO 1 CLO 4 Comprehension
characteristics of Goals and Plans.
16 Developing Organizational Goals. Traditional
Lecture PLO 1 CLO 2 Comprehension
Approach and MBO
17 Organizing; Foundation of Organizational Structure
Lecture PLO 1 CLO 2 Comprehension
and design, Contingency Factors.
18 Types of Organizational Structure,
Lecture PLO 1 CLO 2 Comprehension
Departmentalization & Chain of Command.
19 Span of Control & Formalization, Centralization and
Lecture Quiz 3 PLO 1 CLO 2 Comprehension
Decentralization, Work division
20 Mechanistic & Organic Organizations, Traditional &
Lecture PLO 1 CLO 2 Comprehension
Contemporary Designs.
21 Environmental Uncertainty, Scanning and dynamism
Case PLO 1 CLO 3 Comprehension
effects on Organizational Design.
22 Leadership and management: Differences and
Lecture Assignment 3 PLO 2 CLO 4 Knowledge
Similarities, Who are Leaders? What is Leadership?
23 Early Leadership Theories: Trait & behavioral theories,
Lecture PLO 2 CLO 4 Knowledge
Different Leadership Styles.
24 Models of Leadership: Fielders Model, Path Goal Theory,
Lecture PLO 2 CLO 4 Knowledge
Blanchard Situational Theory.
25 Contemporary Theories of Leadership: Transactional,
Lecture Assignment 4 PLO 2 CLO 4 Comprehension
Transformational and LMX Theory
26 Foundation of Control: Importance of Control, Control
Lecture PLO 2 CLO 4 Knowledge
Process of different steps.
27 Elements, Approaches and Types of Controlling,
Lecture Quiz 4 PLO 2 CLO 4 Comprehension
Organizational Performance
28 Measures to Control Organizational Performance.
Lecture PLO 2 CLO 4 Comprehension
Control Strategies for deviations.
29 Final Project Presentations PLO 3 CLO 5 Creation
30 Final Project
Presentations PLO 3 CLO 5 Creation
Course Title: Pakistan Studies
Course Code:
Credit Hours: 2
Course Instructor:
Mode of Contact:

Prerequisites: None
Textbooks:
• Pakistan: A New History by Ian Talbot

• The Struggle for Pakistan by I.H. Qureshi

• Issues in Pakistan's Economy by S. Akbar Zaidi

• Pakistan's Foreign Policy: A Historical Analysis by S.M. Burke and Lawrence Ziring

Reference Material:
• State and Society in Pakistan by Shahid Javed Burki

• Pakistan: Political Roots and Development by Safdar Mahmood

• The Struggle for Pakistan: A Muslim Homeland and Global Politics by Ayesha Jalal

Course Description:
This course provides a holistic understanding of the historical, political, cultural, and social aspects of Pakistan. Students will study the ideological foundations of Pakistan,
key milestones in constitutional and political development, the natural and human resources of the country, and contemporary challenges in global affairs.

Course Objectives:
Upon successful completion of this course, students will be able to:
 1. Explain the historical and ideological basis for the creation of Pakistan.

2. Analyze the major constitutional developments in Pakistan’s history.

3. Describe the socio-political and economic challenges faced by Pakistan.

4. Evaluate Pakistan's foreign policy and its role in world affairs.

5. Understand the role of youth in national development and achieving Pakistan’s Vision 2025.

Course Learning Outcomes (CLOs):

1. Demonstrate knowledge of Pakistan’s history, politics, and constitution.

2. Apply key concepts of nation-building in real-life civic scenarios.

3. Exhibit responsible social activism as future contributors to Pakistan’s progress.

Assessment Instrument with Weights:

S.No Assessment Weightage (%)
1 Assignments 10
2 Quizzes 10
3 Midterm Exam 30
4 Final Exam 50
Total 100%

Course Content and Weekly Schedule Table

Week/ Unit Topic Learning Assessment PLO CLO Thinking Level
Lecture Activity Activity
1 Historical Perspective a. Evolution and growth of Muslim society in Lecture — PLO 1 CLO 1 Comprehension
Subcontinent
2 Historical Perspective b. Factors leading to Muslim nationalism in Subcontinent Lecture — PLO 1 CLO 1 Comprehension
3-4 Ideological Basis of a. Definition, sources, and significance of Ideology Lecture Quiz 1 PLO 2 CLO 2, Comprehension
Pakistan CLO 1
5-6 Ideological Basis of b. Basis of Pakistan’s Ideology with reference to the Lecture — PLO 2 CLO 2, Comprehension
Pakistan Values of Islam, economic deprivation of Muslims, and CLO 1
AIML's role
7 Ideological Basis of c. Two-Nation Theory: Origin and Explication Lecture — PLO 2 CLO 2, Comprehension
Pakistan CLO 1
8 Ideological Basis of d. Ideological rationale: Sir Syed Ahmad Khan, Iqbal, Lecture Assignment 1 PLO 2 CLO 2, Comprehension
Pakistan Jinnah CLO 1
9 Natural Environment a. Landforms, climate, and water resources Lecture — — CLO 2 Comprehension
10 Natural Environment b. Environmental hazards and remedies Lecture — — CLO 2 Comprehension
11-12 Government and Politics a. Constitutional developments in Pakistan Lecture Quiz 2 PLO 1 CLO 1 Knowledge
in Pakistan
13 Government and Politics b. Political developments in Pakistan Lecture — PLO 1 CLO 1 Knowledge
in Pakistan
14 Contemporary Pakistan a. Geo-political significance of Pakistan Lecture — PLO 5 CLO 1 Comprehension
15 Contemporary Pakistan b. Economic potential and its utilization Lecture — PLO 5 CLO 2 Knowledge
16-17 Contemporary Pakistan c. Social issues, their gravity, and resolution Lecture Group PLO 4 CLO 2 Analysis
Discussion
18 Contemporary Pakistan d. World affairs: challenges and contributions Lecture — PLO 7 CLO 2 Analysis
19 Contemporary Pakistan e. Human rights in Pakistan Lecture — — CLO 1 Knowledge
20 Futuristic Outlook of Pakistan’s Vision 2025 Lecture — PLO 2 CLO 2, Organization
Pakistan CLO 3
21 Youth’s Role in a. Realization of National Motto: “Unity, Faith & Lecture — PLO 6 CLO 2 Valuing
Development of Pakistan Discipline”
22-23 Youth’s Role in b. Individual contributions towards Pakistan’s prosperity Lecture — PLO 7 CLO 2, Responding
Development of Pakistan CLO 3
 24 Youth’s Role in c. Impact-based social activism Lecture Project PLO 6, CLO 3 Characterization
Development of Pakistan PLO 7
25 Youth’s Role in d. Identification of core values Lecture — PLO 6 CLO 3 Characterization
Development of Pakistan
26 Youth’s Role in e. Setting of vision(s) Lecture — PLO 6 CLO 2, Organization
Development of Pakistan CLO 3
27 Youth’s Role in f. Formulation of Pakistani Youth’s Code of Conduct Lecture — PLO 6, CLO 2 Characterization
Development of Pakistan PLO 7
28 Youth’s Role in g. Social Activities Project Presentation PLO 7 CLO 3 Characterization
Development of Pakistan

Conduct in Class:
• Regular attendance and active participation are expected.

• Students must complete assigned readings before each class.

• Quizzes and assignments must be submitted on time.

Relevance to Real-Life Application:

The course equips students with the knowledge to contribute meaningfully to Pakistan's socio-economic and political landscape as responsible citizens.
 Semester - II

CODE COURSE CREDITS

Critical Reading and Academic Writing 3
Financial Accounting 3
Introduction to Environmental Studies 3
Ideology and Constitution of Pakistan 3
Business Mathematics 3
Introduction to Business Finance 3
Course Title: Financial Accounting
Course Code:
Credit Hours: 3 + 0
Course Instructor:

Mode of Contact:

Prerequisites:
• The student should have passed principles of accounting

RECOMMENDED TEXTBOOK:
Text Book:

• ACCA recommended text books for Financial Accounting(FFA/F3) by Kaplan Publishers and Bpp Publishers.
• Financial & Managerial Accounting (19th Edition) by Jan R Williams, Susan F Haka. Mc-Graw Hill Companies Incorporation (Publisher)

Reference books:
• Fundamentals of Accounting by Libby & Libby (8th Edition)

• Intermediate Accounting by Donald Kieso. John Wiley & Sons Inc.

COURSE DESCRIPTIONS/OBJECTIVES:

This course is designed to introduce students to fundamental accounting concepts, conventions, principles, and procedures to develop skills in double entry accounting
procedures in relation to companies. Students develop the skills necessary to prepare and analyze the financial statements of a public corporation. Topics include the
conceptual framework; understanding the working of accounting standards; the accounting cycle; financial statements; internal control and bank reconciliations;
receivables; inventory; long-term assets including intangibles; liabilities including bonds payable; shareholders' equity, dividends. The ultimate target is to make student
prepare and ready to analyze the problem, situation and apply their requisite accounting knowledge to tackle the problem and devise good solution.

Course Objectives and Learning Outcomes:

The course aims at developing an understanding and appreciation of the principles and concepts of Financial Accounting and its applications to the business situations.
This course will enable students to understand and distinguishing the elements of financial statements and the accounting procedures for it. After completing this
course students will be able to:

• Develop the understanding the fundamental accounting principles and concepts with their applicability
• Transactions recording in general journal, prepare ledger accounts of merchandizing concern.

• Prepare trial balance, year-end adjustments; prepare adjusted trial balance of merchandizing concern.

• Prepare financial statements merchandizing concern in accordance with IAS 1

• Compute inventory by using different valuation methods in accordance with IAS 2

• Prepare cash flow in accordance with IAS 7

• Understand the property, plant and equipment and apply various depreciation methods

• Prepare reconciliation statement of various types required for controlling

• Learn the accounting for issuance of shares and other accounting aspects related to company.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

 SN MARKS
ITEMS
R
Mid Term Exam 30
1
End Term Exam 50
2
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 2 20
0
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 ■ Introduction to Fundamental Principles
Lecture PLO 2 CLO 1 Comprehension
■ Introduction to concept used in accounting.
02 ■ Understanding the need of Inventories in merchandising concerns. CLO 2
■ Understand Accounting for Inventories Lecture PLO 2 Comprehension
and 5
03 ■ IAS 2: Inventories: Measurement issues Lecture PLO 2 CLO 5 Comprehension
04 ■ IAS 2: Inventories: Valuation and Recognition Lecture PLO 2 CLO 5 Comprehension
05 ■ Practice Questions and numerical of the above Lecture PLO 2 CLO 5 Comprehension
06 ■ IAS 16:Accounting for Property, Plant and Equipment
■ Understand the difference between capital and revenue
Lecture Quiz 1 PLO 2 CLO 7 Comprehension
expenditures. Measurement and recognition of non-current
assets
07 ■ IAS 16:Accounting for Property, Plant and Equipment CLO 3
■ Understand the need to charge depreciation and practicing the Lecture PLO 2 Comprehension
and 7
methods of depreciation in accordance with IAS 16.
08 ■ IAS 16:Accounting for Property, Plant and Equipment CLO 2
Lecture PLO 2 Comprehension
■ Revising the estimates as per IAS 16. and 7
09 ■ Recording and reporting disposal of Non-current assets CLO 2
Lecture PLO 2 Comprehension
and 7
10 ■ Accounting treatments for revaluation of non-current assets and Assignment 1 CLO 3
Lecture PLO 2 Comprehension
subsequent procedures after revaluation. and 7
11 ■ Accounting treatments for disposal of revalued non-current CLO 3
Lecture PLO 2 Comprehension
assets. and 7
12 ■ Practice questions for Property, Plant, and Equipment Lecture PLO 2 CLO 7 Comprehension
13 ■ Accounts receivables:
■ Accounts receivable & allowance for doubtful accounts, writing Assignment 2 CLO 2 &
Lecture PLO 2 Comprehension
off an uncollectible A/R by Aging method, writing off an Quiz 2 3
uncollectible A/R by Direct method.
14 ■ Accounts receivables: CLO 2 &
Lecture PLO 2 Comprehension
■ Practice Questions and Revision 3
15 ■ Introduction to company accounts. CLO 2
Lecture PLO 2 Comprehension
■ Introduction to sources of finances for companies. and 9
16 ■ Accounting treatment for sources of finances for companies. Lecture PLO 2 CLO 2 Comprehension
 and 9
17 ■ Understanding corporate taxation system.
Lecture PLO 2 CLO 3 Comprehension
■ Accounting treatment for company taxation.
18 ■ Practice questions for company accounts and company taxation. CLO 2
Lecture PLO 2 Comprehension
and 3
19 ■ Cash Control and Bank Reconciliation Statement;
■ What is cash book and bank statement, reasons for the
Lecture PLO 2 CLO 8 Comprehension
difference between both the books, why to reconcile both books,
■ Purpose for making bank reconciliation statement.
20 ■ Control accounts reconciliations Lecture Assignment 3 PLO 2 CLO 8 Comprehension
21 ■ Introduction to IAS 1; CLO 3
Lecture PLO 2 Comprehension
■ Preparing and presentations of financial statements. and 4
22 ■ Preparing financial statements of merchandising concern CLO 3
Lecture PLO 2 Comprehension
including SoP&L, SoFP, SoE and note to the accounts and 4
23 ■ Practice question for IAS 1. Lecture PLO 2 CLO 4 Comprehension
24 ■ Introduction to Statement of cash flows in accordance with IAS 7 Lecture Quiz 3 PLO 2 CLO 6 Comprehension
25 ■ Preparing Statement of cash flows Lecture PLO 2 CLO 6 Comprehension
26 ■ Introduction to Consolidated Statement of Financial Position as CLO 2
Lecture PLO 2 Comprehension
per IFRS 10 and 9
27 ■ Introduction to Consolidated Statement of Profit and Loss as per CLO 2
Lecture PLO 2 Comprehension
IFRS 10 and 9
28 ■ Need for Consolidated Statement in accordance with IFRS 10 Lecture PLO 2 CLO 9 Comprehension
Course Title: Critical Reading & Academic Writing
Course Code:
Credit Hours: 3+0

Course Instructor:
Mode of Contact: You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

Prerequisites:

Textbooks:

1. Bailey, S. (2015). Academic writing for international students of business. Routledge.

2. Markel, M. (1994). Writing in the technical fields: a step-by-step guide for engineers, scientists, and technicians. John Wiley & Sons.
3. Silyn-Roberts, H. (2012). Writing for science and engineering: Papers, presentations and reports. Newnes.

Reference Material:
1. Bailey, S. (2003). Academic writing: A practical guide for students. Psychology Press.

2. Bailey, S. (2011). Academic writing: A handbook for international students. Third Edition. Routledge.
3. Hogue, A. (1996). First steps in academic writing (Vol. 1). New York: Longman.

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

5. Hacker, D., & Sommers, N. (2016). Rules for writers (8th Ed.). Boston, MA: Macmillan

6. Fowler, H. R., & Aaron, J. E. (2016). The little, brown handbook (13th Ed.). Boston, MA: Pearson
 7. Bailey, S. (2015). Academic writing: A handbook for international students (4th ed.). London, UK: Routledge

8. Kepka, J. (2015). Research and Critical reading. Oregon Writes Open Writing Text.
9. Bruce, L. (n.d.) Critical Thinking Skills. Lumen Learning.

https://openoregon.pressbooks.pub/oregonwrites/chapter/research-andcritical-reading/

10. Elmer E. Rasmuson Library. (2020). Evaluating information resources.

https://courses.lumenlearning.com/lumencollegesuccess/chapter/criticalthinking- skills/

11. Guffey, M. E., & Loewy, D. (2016). Essentials of business communication. Cengage Learning.

https://library.uaf.e du/ls101-evaluation

Course Description:
Focusing on 21st century skills, this course aims to enable students to become academically literate by polishing the critical thinking, reading, and writing skills needed

for academic success. The course is specifically designed to teach advanced academic writing to students by providing them exposure to a variety of academic texts
that they are trained to read critically. Keeping in mind the diverse interests of students, the materials are drawn from a variety of disciplines for active engagement of
students in the learning process to promote learner autonomy. Students will work in small teams that are formed according to the similar subject matter and function
like miniature think tanks.

Course Objectives:
The course objectives are to

• To develop critical reading and thinking skills to evaluate the strengths and weaknesses of a text’s argument.
• To enhance students’ productive (writing) and receptive (reading) knowledge of their field.
• To cultivate students’ ability to read and write following the requirements of academic genres.
• To encourage students to utilize self-access online tools for grammar review, citation formatting, and reference management.
Course Learning Outcomes:
Upon completion of this course, students will be able to:

1. read effectively using skimming and scanning techniques.

2. to understand the effective composition process including pre-writing, drafting, and revision.

3. use library and digital resources to locate and make use of relevant literature for writing their own research report.
4. make use of a citation style (e.g. APA) and be familiar with other major styles.

5. recognize key features (structural and stylistic) of various common academic genres, the purpose behind each genre, and how these features serve that purpose.
6. Write a small scale research.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work /Practical Project
Any other
Total 20
GRAND TOTAL 100
CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
1 Reading: finding suitable sources Lecture/Discussion CLO 1 Knowledge
02 Academic texts: identification of types of texts and CLO 1,
Lecture/Discussion PLO 1 Knowledge/ Comprehension
recognizing their features 5
03 Using reading lists, library catalogues, and library Lecture/ CLO 1,
PLO 1 Knowledge/ Application
websites to search electronic resources Discussion 3
04 Reading: developing critical approach Knowledge/ Comprehension/
Reading methods: titles, sub- titles, & text features Lecture/Discussion PLO 1 CLO 1
Application

05 Reading abstracts, Assessing internet sources CLO 1, Knowledge/

Lecture/Discussion PLO 1
critically 3 Comprehension/Application
06 Critical Thinking Test: Reliability
Lecture/
of reading PLO 1 CLO 5 Knowledge/Application
Discussion
material
07 Finding key points and note- making: Lecture/ CLO Knowledge
note making methods PLO 1
Discussion 1, 5 /Comprehension/Application

08 Finding key points, Finding relevant points CLO Knowledge/

Lecture/Discussion PLO 1
1, 5 Comprehension/Application
09 Effective note- making CLO Knowledge/
Lecture/Discussion PLO 1
1, 5 Comprehension/Application
10 Summarizing and Paraphrasing CLO Knowledge/Comprehension
Lecture/Discussion PLO 1
1, 5 /Application
11 What makes a good summary? Lecture CLO
Stages of summarizing PLO 1 Knowledge/ Application
/Discussion 1, 5
12 The elements of effective paraphrasing, Test: Summary CLO
Techniques for paraphrasing Lecture/Discussion PLO 1 Knowledge/ Application
writing 1, 5

13 References & quotations

Why use references? Lecture/Discussion PLO 1 CLO 4 Knowledge
Citations and references
14 Reference verbs and systems
Lecture/Discussion PLO 1 CLO 4 Knowledge/ Application
Using quotations

MID TERM EXAMS

15 Understanding the writing process:

Lecture/Discussion PLO 1 CLO 2 Knowledge
Introduction to prewriting, drafting, revising, & editing
16 Brainstorming techniques to generate ideas for Lecture/
PLO 1 CLO 2 Knowledge/ Application
writing Discussion
17 Strategies organizing thoughts and creating outlines Written
Lecture/Discussion PLO 1 CLO 5 Knowledge/Application
Assignment
18 Distinguishing between personal and academic style
Lecture/Discussion PLO 1 CLO 2 Knowledge
of writing
19 Developing a strong thesis statement:
Lecture/Discussion PLO 1 CLO 2 Knowledge
Importance of clear thesis statement in writing
20 Techniques to develop a strong and arguable thesis,
Incorporating the thesis statement throughout the Lecture/Discussion PLO 1 CLO 5 Knowledge/ Application
composition

21 Combining and synthesizing information from sourcesLecture/Discussion PLO 1 CLO 2 Knowledge

 22 Paraphrasing sources Lecture/Discussion PLO 1 CLO 2 Application
23 Summarizing sources Lecture/Discussion PLO 1 CLO 5 Application
24 Synthesizing and Integrating information from sources
Avoiding plagiarism Lecture PLO 1 CLO 6 Knowledge

25 English for Engineers and Computers Scientists:

Lecture PLO 1 CLO 6 Knowledge
Formal letters & emails
26 Proposals and formal reports Lecture/
PLO 1 CLO 6 Knowledge
Discussion
27 Proposals and formal reports Lecture/
PLO 1 CLO 6 Knowledge
Discussion
28 Business English:
Lecture PLO 1 CLO 6 Knowledge
Giving presentations
29 Organizing and drafting business messages Lecture/
PLO 1 CLO 6 Knowledge/ Application
Discussion
30 Organizing and drafting business messages Lecture/Discussion PLO 1 CLO 6 Knowledge/ Application
31 Documenting minutes of business meetings Lecture/Discussion PLO 1 CLO 6 Knowledge/ Application
32 Presentations Discussion PLO 1 CLO 6 Application

FINAL EXAMS
Course Title: Introduction to Environmental Studies
Course Code:

Credit Hours: 3

Course Instructor: Nimra Sehrish

Mode of Contact:
You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

PREREQUISITES: None

Textbook:
Environmental Science: Earth as a Living Planet Botkin D.B & Keller E.A. 9th Ed. John Wiley & Sons 2013.

Reference Material:

• Environmental Science: Earth as a Living Planet Botkin D.B & Keller E.A. 9th Ed. John Wiley & Sons 2013.
• Environmental Science: Systems and Solutions McKinney M.L. Schoch R.M. & Yonavjak L. 5th Ed. Jones & Bartlett Publishers 2013
• Environmental Science: Toward a Sustainable Future Wright R.T. & Nebel B.J. 10th Ed. Pearson Educational 2007.
• Environmental Science: Working with the Earth. 11th Ed. Miller G. Tyler. Cengage Learning 2005.
• Algore Documentary: “An Inconvenient Truth”

Course Description:
In the last few decades, “environment” has become a buzzword. A basic understanding of this term has become necessary in every field of life. This course is designed for
non-environmental science students considering their diverse backgrounds. It provides a basic understanding of the environment, its components, and its processes. It
covers contemporary environmental problems and offers a brief history and background of environmental movements. The course aims to demonstrate knowledge and
understanding of environmental pollution, its causes, and impacts on human beings and ecosystems. The multidisciplinary approach is particularly beneficial for students
of economics, sociology, communication studies, management sciences, and law.
Course Objectives:
The course objectives are.
• Provide students with a basic understanding of the environment, its components, and processes.
• Develop students' capabilities to understand the man-environment interaction and ways humans can impact the environment.
• Provide an introduction to human attitudes toward the environment and how it has changed over time.
• Overview the causes and impacts of pollution and the role of human activities in causing environmental pollution.
• Outline the factors including physicochemical, biological, and socioeconomic which contribute to the rate of pollution.
• Explore contemporary environmental challenges such as pollution and resource exploitation and evaluates mitigation strategies.
• Introduce concepts of sustainability, global environmental policies, and ethical perspectives.
• Familiarize students with technological solutions, green practices, and future trends in environmental management.
• Encourage critical thinking and application, enabling students to evaluate environmental issues, design solutions, and contribute to conservation efforts.

Course Learning Outcomes:

Upon completion of this course, students will be able to:
• Be aware of the environmental movements and their outcomes.
• Understand contemporary environmental challenges.
• Be cautious of the practical implications of human activities on the environment.
• Contribute to improving the environment around them and guide others in doing so.
• Apply principles of sustainability and conservation in analyzing real-world environmental problems.
• Interpret national and international environmental policies and ethical responsibilities toward nature.
• Compare the environmental impacts of fossil fuels and renewable energy sources, suggesting sustainable alternatives.
• Propose technological solutions to address environmental challenges, considering economic and social factors.
• Design practical and sustainable solutions for contemporary environmental issues through case studies and collaborative projects.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

 SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Lecture Scheduled Topic Learning Activity Assessment Activity PLO CLO Thinking Level
01 Introduction to Environmental Studies Lecture PLO1 CLO1 Knowledge
02 Earth as a System: Components and Interactions Lecture PLO1 CLO1 Knowledge
03 Ecosystems: Structure and Function Lecture PLO2 CLO2 Knowledge
04 Energy Flow and Nutrient Cycles Lecture PLO2 CLO2 Knowledge
05 Human Population Dynamics Lecture PLO3 CLO2 Comprehension
06 Resource Use and Overexploitation Lecture Assignment 1 PLO3 CLO3 Application
07 History of Environmental Movements Lecture PLO3 CLO3 Knowledge
08 Key Figures in Environmentalism Lecture PLO3 CLO3 Knowledge
09 Air Pollution: Sources and Impacts Lecture Quiz 1 PLO4 CLO4 Comprehension
10 Water Pollution: Causes and Solutions Lecture PLO4 CLO4 Comprehension
11 Soil and Land Pollution: Causes and Management Lecture PLO4 CLO4 Comprehension
12 Solid Waste and Waste Management Lecture PLO5 CLO5 Comprehension
13 Global Environmental Issues: Ozone Depletion Lecture Assignment 2 PLO5 CLO6 Application
14 Climate Change and Global Warming Lecture Quiz 2 PLO5 CLO6 Application
15 Environmental Sustainability Lecture PLO6 CLO7 Comprehension
16 Renewable Resources and Conservation Lecture PLO6 CLO7 Knowledge
17 Environmental Policy and Law Lecture Assignment 3 PLO6 CLO7 Application
18 Environmental Ethics Lecture PLO7 CLO7 Comprehension
19 Energy Resources: Fossil Fuels Lecture PLO7 CLO8 Knowledge
20 Renewable Energy Sources Lecture Quiz 3 PLO7 CLO8 Application
21 Biodiversity Loss: Causes and Consequences Lecture PLO8 CLO9 Evaluation
22 Deforestation and Land Degradation Lecture PLO8 CLO9 Comprehension
23 Pollution Control Technologies Lecture PLO8 CLO9 Application
24 Environmental Management Systems Lecture PLO9 CLO9 Application
25 Environmental Economics: Cost-Benefit Analysis Lecture PLO9 CLO9 Application
26 Green Business Practices Lecture PLO9 CLO10 Application
27 Emerging Technologies in Environmental Solutions Lecture PLO10 CLO10 Evaluation
28 Case Studies and Future Directions in Environmentalism Lecture PLO10 CLO10 Evaluation
Course Title: Introduction to Business Finance
Course Code:
Credit Hours: 3+0

Course Instructor:
Mode of Contact: You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

Prerequisite

Understanding Principles of Accounting is a prerequisite for this course.

Textbook
• Fundamentals of Financial Management Van C. Horne 13th Edition (or latest edition)

Reference Material

• Financial Management by Brigham and Housten 13th edition (or latest edition)

• Principles of Managerial Finance/Lawrence J. Gitman, Chad J. Zutter.—13th ed.

Course Description

This course aims at introducing the students to the field of Finance. It will enable students to understand the fundamental concepts and tools of finance so that they can
easily understand financial environment and role of a finance manager in evaluating firm’s financial performance, valuation of securities and calculating financial costs. The
financial environment covers the understanding of financial and capital markets along with the broad orientation of different tools and securities affecting the business. The
emphasis will remain on developing the skills for planning, appraising and evaluating the investment, financing and operating decisions

Course Learning Objectives (CLOs)

This course aims to provide students:

CLO 1-To understand the basic concept of finance and basic tools for decision making including financing, investment and asset management decisions.
CLO 2-To provide an understanding of financial environment, financial intermediaries and flow of funds.

CLO 3-To describe tools and techniques of time value of money for investing decisions.
CLO 4-To describe the valuation of long term securities and their role in decision making

CLO 5-To understand Capital Budgeting Techniques to understand investment decision

CLO 6- To provide the basic knowledge of cash flow statement.

CLO 7-To provide an overview of Working Capital Management.

Teaching Methodology

Lectures, discussions and presentations are planned as class activities. All students are advised to participate in said activities, failing which students will suffer in respect of
learning and grades. Consistent with the course objectives, lectures will address learning objectives associated with weekly topics (as outlined in the weekly schedule),

including basic principles and working examples. While lectures will closely parallel material contained in assigned readings, they are not substitutes. In particular, the lectures
will clarify, expand and where necessary, update the material contained in assigned readings.

Assessment Instrument with Weights

 SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
Class Participation 5
Présentations 5
Total 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO2 CLO
Activity Activity Level
Introduction of the course:
01 • Finance and Accounting
Lecture PLO 1 CLO 1 Knowledge
• Introduction of Financial Management
• Difference between investing, financing and asset management decisions.

02 • Goal of the firm. Lecture PLO 1 CLO 1 Knowledge

• Difference between profit maximization and shareholders wealth maximization

.
03 • agency theory, problems and conflicts Lecture Quiz 1 PLO 1 CLO 1 Comprehension
• Social responsibility

The Business, Tax and Financial Environment:

04 • Sole Proprietorship, Partnership and Corporation.
• Financial Markets. Lecture PLO 1 CLO 2 Knowledge
• Flow of funds in the financial markets

05 • Money market vs capital markets

• Primary markets vs Secondary Market
Lecture Assignment 1 PLO 1 CLO 2 Knowledge
• Financial intermediaries
• Financial brokers.

06 • Allocation of funds and interest rates.

• Default risk, Marketability, Maturity Lecture PLO 1 CLO 2 Comprehension
• Taxability, Option Features and inflation.

Time Value of Money:

07 • Concept of Time Value of Money.
• Simple interest and compound interest.
Lecture PLO 2 CLO 3 Knowledge
• Calculation of missing values in compound interest.
• Difference between Present Value and Compounded/future Value

Lecture Quiz 2 PLO 2 CLO 3 Knowledge

08 • Concept of Annuity, Different types of Annuities, Distinguish between an “ordinary annuity”
and an “annuity due with the help of time line.
• Numerical and problems with solutions.

• Concept of effective annual interest.

09 • Relationship of effective annual interest with nominal interest. Lecture PLO 2 CLO 3 Comprehension
• Calculation of future value of annuity if interest rate is zero

• Amortization of Loan Schedule. Assignment 1

10 Lecture PLO 2 CLO 3 Knowledge
• Calculation of Principal amount at the end of each year, interest amount at year end.

Valuation of Long Term Securities

11 • Basic Concepts of Valuations
• Difference between intrinsic value, historical value and market price Lecture PLO 3 CLO 4 Knowledge
• Difference type of bonds

• Non-zero coupon bond. Its valuation formula and decision making

12 • Perpetual bond and decision making Knowledge
Lecture PLO 3 CLO 4
• Comparison of Intrinsic price with Market price and investors’ decision making.

• Common stock valuation methods

13 • Zero growth model and constant growth model Lecture Quiz 3 PLO 3 CLO 4 Comprehension
• Decision making in common stock

14 • Non-Constant Growth model: 2- Stage growth (super-normal growth) Model Lecture Assignment 2 PLO 3 CLO 4 Comprehension
for common stock
 • Decision making for common stocks.

Capital Budgeting Techniques:

15 • Discounted verses non-Discounted Techniques
Lecture PLO 3 CLO 5 Knowledge
• Importance of capital budgeting
• Practical application of capital budgeting techniques.

16 • Capital budgeting techniques: Payback Period Method

Lecture PLO 3 CLO 5 Knowledge
• Net present value method and its practical application.

17 • Profitability Index
• Internal Rate of Return Method. Lecture PLO 3 CLO 5 Comprehension

18 • Dependency and Mutual Exclusion in capital budgeting. Comprehension

• Ranking problems-scale of investment-cash flow pattern and project life Lecture PLO 3 CLO 5

19 • Mutually exclusive projects vs dependent projects. Comprehension

Lecture Quiz 4 PLO 3 CLO 5
• Numerical and practical problems

20 Funds analysis, cash flow statement and financial planning

• Flow of funds Lecture PLO 3 CLO 6 Comprehension

• Sources and uses of funds
• Cash flow statement (indirect method)
21
Lecture PLO 3 CLO 6
• Cash flow statement (direct method) Comprehension
 • Cash received from receivables
• Cash paid to payables

22 • Non-cash variables in cash flow statement and their adjustment in cash flow Lecture Quiz 5 PLO 3 CLO 6 Comprehension
statement under direct method or indirect method
23 Required Returns and Cost of Capital
• Overall cost of capital of the firm
Lecture PLO 4 CLO 6 Knowledge
• Cost of debt
• Cost of preferred stock
24 • Cost of equity-dividend discount model.
Assignment
• Cost of equity- capital asset pricing model approach Lecture PLO 4 CLO 6 Comprehension
3
• Cost of equity-before tax cost of debt plus risk premium approach
25 • Weighted average cost of capital
Lecture PLO 4 CLO 6 Comprehension
• Limitations in WACC
26 Working capital management
• Accounts receivable management
Lecture PLO 5 CLO 7 Knowledge
• Credit and collection policies
• Analyzing the credit applicants
27
• Inventory management and controls
• Just in time inventory Lecture PLO5 CLO 7 Knowledge
• Inventory and the financial manager

28
• Short term financing
Assignment
• Spontaneous financing vs negotiated financing Lecture PLO5 CLO7 Knowledge
4
• Composition of short term financing
Course Title: Business Mathematics
Course Code:
Credit Hours: 3+0
Course Instructor
Mode of Contact"
Course Code:

Credit Hours: 3 - 0 Course Instructor:

Mode of Contact :

You can contact your course instructor in the following ways:

Email:

Meeting:

PREREQUISITES:As a mathematicscourse, you must have an understanding of basic arithmetic and algebra skills.

Textbook: Business Mathematics by Frank.S.Budnick 4th Edition.

Reference Material: Business Mathematics by Gary Clendenen and Stanley A. Salman 13th edition
Course Description: This course is designed to serve as a fundamental course for mathematics needed for business students and solving application based problems. This
course applies students' interpretation of basic mathematical concepts to common business usage covering such topics as linear equation, system of linear equations,
different functions, financial mathematics, time value money, matrices, derivatives, and optimization. The majority of class time will be spent in lecture discussing the
various ways to solve real time problems and their application.

Course Objectives: The course objectives are

i. To understand the concept of linear equation and its application, how to determine the linear equation by using different realistic situation/conditions, impact
of variables by using slope intercept form of equation.

ii. To understand the System of Linear Equation by having different scenario/conditions and find out the combination/solution set.

iii. To use different methodologies which is more appropriate to find out the solution set by using system of linear equation.
iv. Understanding the mathematical functions, principles and techniques that are useful in business management.

v. To develop analytical skills so to analyze break even condition by using graphical representation.

vi. Understanding the concepts of matrices and its applications.

vii. Understanding the concepts of simple interest, compound interest, annuities, discounted cash flows and its business applications

viii. Derivatives and its role in business and economic approach

Course Learning Outcomes: Upon completion of this course, students will be able to:

i. How to formulate and solve linear equation and find out the relationship among the variable by using slope.
ii. System of linear equation by using scenario/application based problems and applying different methodologies which is deemed appropriate

iii. Mathematical Function, and types of functions

iv. How to anlyse break even condition by using graphical representation

v. Compute simple interest, compound interest, annuities and their present/future value

vi. Perform Cost benefit analysis by using capital budgeting technique (NPV)
 vii. Solve Matrices and its application based questions.
viii. Derivatives & its business applications

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 MidTerm Exam 30

2 End Term Exam 50

3 Internal Evaluation Breakdown

Quiz(s)

Assignements(s)

Class Participation

Présentations

Case Discussion

LabWork/Practical Project

AnyOther

Total 20 20

GRAND TOTAL 100

COURSE CONTENTS:
Lecture Scheduled Topic Learning Assessment PLO CLO Thinking

Activity Activity Level

01 Course Overview, Basic algebraic manipulations.

Addition, subtractions, multiplication and addition of
Lecture PLO 1 CLO 1 Knowledge
algebraic terms, polynomials?

02 Basic Concepts of Equation, Linear equations

containing 1 or more independent variables. Operation
Lecture PLO 1 CLO 1 Knowledge
on Linear Equations. Numerical Problems and Business
relating applications. (Chapter 2)

03 Slopes and its interpretation, y-intercept and its CLO 1

interpretat intercept and its interpretation. Graphical
Lecture PLO 1 Comprehension
presentation of li equations.(Chapter 2)

04 Slopes and its interpretation, y-intercept and its Assignment 1 CLO 1

interpretat intercept and itsinterpretation. Graphical
Lecture PLO 1 Comprehension
presentation of li equations. (Chapter 2)

05 Formation of linear equations using point slope form, CLO 1

Slope-Intercept form and two points form.
Lecture PLO 1 Comprehension
Interpretation of slope, x-intercept and y-intercept.
(Chapter 2)

06 CLO 1
 Formation of linear equations using point slope form, Lecture PLO 1 Comprehension
Slop Intercept form and two points form.
Interpretation of slope intercept and y-intercept.
(Chapter 2)

07 System of Linear equation equations & their

applications in business & economics, equations with
Lecture Quiz 1 PLO 1 CLO Comprehension
two unknown and its methods, their solutions
&applications. (Chapter 2

3)

08 System of Linear equation equations & their Lecture PLO 1 CLO Comprehension
applications in business & economics, equations with
2
two unknown

and its methods, their solutions & applications.

(Chapter

3)

09 System of Linear equation equations & their

applications in business & economics, equations with
Lecture PLO 1 CLO Comprehension
two unknown and its methods, their solutions &
applications. (Chapter 2

3)

10 CLO 2
 System of Linear equation equations & their Lecture PLO 1 Comprehension
applications in business & economics, equations with
two unknown and its methods, their solutions &
applications. (Chapter

3)

11 Linear Function, Revenue, Cost, Profit & its Lecture PLO 1 CLO Comprehension
applications in Business problems. (Chapter 5)
3

12 Linear Function, Revenue, Cost, Profit & its Lecture Assignment 2 PLO 1 CLO Comprehension
applications in Business problems. (Chapter 5)
3

13 Introduction to Break-Even Analysis, Concept of Break Lecture Quiz 2 PLO 1 CLO Analysis
Even analysis, Business related Problems. (Chapter 5)
4

14 Introduction to Break-Even Analysis, Concept of Break Lecture PLO 1 CLO Analysis

Even analysis, Business related Problems. (Chapter 5)
4

15 Interests. Simple interests & applications. Simple CLO 5

discount Compound interests & applications.
Lecture PLO 1 Knowledge
Compound

discounts. (Chapter 8)

16 Interests. Simple interests & applications. Simple CLO 5

discount Compound interests & applications.
Lecture PLO 1 Knowledge
Compounddiscounts (Chapter 8)
17 Annuities and its future value. Calculation of interest
annually, semiannually, quarterly and monthly.
Lecture PLO 1 CLO Comprehension
(Chapter 8)
5

18 Annuities and its future value. Calculation of interest CLO 5

annually, semiannually, quarterly and monthly.
Lecture PLO 1 Comprehension
(Chapter 8)

19 Discounted Cash inflows, Net Present values. (Chapter Lecture PLO 1 CLO Application
8)
6

20 Discounted Cash inflows, Net Present values. Lecture Quiz 3 PLO 1 CLO Application
(Chapter 8)
6

21 Matrix algebra, Operations on matrices. Inverse of a CLO 7

(2×2) & (3×3) matrix. (Chapter 9)
Lecture PLO 1 Knowledge

22 Matrix algebra. Cramer’s Rule for (2×2) & (3×3) CLO 7

matrix. (Chapter 9)
Lecture PLO 1 Knowledge

23 Derivatives & its basic rules. (Chapter 15) Lecture Assignment 3 PLO 1 CLO Knowledge

24 Derivatives & its basic rules. (Chapter 15) Lecture PLO 1 CLO Knowledge
 8

25 Derivatives & its basic rules. (Chapter 15) Lecture PLO 1 CLO Knowledge

26 Applications of Maxima & Minima with graphical Lecture PLO 1 CLO Comprehension
display in business problems. (Chapter 16)
8

27 Applications of Maxima & Minima with graphical Lecture PLO 1 CLO Comprehension
display in business problems. (Chapter 16)
8

28 Applications of Maxima & Minima with graphical Lecture PLO 1 CLO Comprehension
display in business problems. (Chapter 16)
8

89
Course Title: Ideology and Constitution of Pakistan
Course Code:
Credit Hours: 2+0

Course Instructor:

Mode of Contact"
You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

Prerequisites: None
Textbooks:
• The Struggle for Pakistan by Ishtiaq Husain Qureshi

• The Struggle for Pakistan: A Muslim Homeland and Global Politics by Ayesha Jalal

• The Pakistan Garrison State: Origins, Evolution, Consequences by Ishtiaq Ahmed

• Federalism in Pakistan: A constitutional study by Syed Jaffar Ahmed

• Constitutional Development in Pakistan. by: G.W. Choudhury

• Judging the State: Courts and Constitutional Politics in Pakistan by Paula R. Newberg

Reference Material:
• Pakistan A New History by Ian Talbot
90
 • Muslims Against the Muslim League: Critiques of the Idea of Pakistan by Ali Usman Qasmi

• The murder of history by Khursheed Kamal Aziz

• The Indus Saga and the Making of Pakistan by Aitzaz Ahsan

Course Description:
This course explores the ideology of Pakistan and the Constitution of Pakistan, focusing on the underlying principles, beliefs, and aspirations that have shaped
Pakistan's development as a sovereign state. The course also emphasizes constitutional provisions concerning the fundamental rights and responsibilities of
Pakistani citizens.

Course Objectives:
Upon successful completion of this course, students will be able to:
1. Demonstrate an understanding of the ideological basis of Pakistan.

2. Explain the contributions of founding leaders like Quaid-e-Azam and Allama Iqbal.

3. Analyze the Two-Nation Theory and its impact on the creation of Pakistan.

4. Identify the structure and key provisions of the Constitution of 1973.

5. Evaluate the amendments and the role of governance in Pakistan's political landscape.

Course Learning Outcomes (CLOs):

1. Explain the historical context of Pakistan's ideology and constitution.

2. Apply knowledge of the Constitution in understanding civic rights and responsibilities.

3. Demonstrate critical analysis of constitutional amendments and their implications on federalism.

91
Assessment Instrument with Weights:
S.No Assessment Weightage (%)
1 Assignments 10
2 Quizzes 10
3 Midterm Exam 30
4 Final Exam 50
Total 100%

Course Content and Weekly Schedule Table

Week Unit Topic Learning Assessment PLO CLO Thinking Level
Activity Activity
1 Introduction to Ideology a. Definition and significance of ideology Lecture — PLO CLO Knowledge
1 1
2 Historical Context b. Historical context of the creation of Pakistan Lecture, — PLO CLO Comprehension
Discussion 1 1
3-4 Ideological Foundations c. Contributions of founding fathers (Allama Iqbal, Lecture, Group Quiz 1 PLO CLO Comprehension
Quaid-e-Azam, others) Work 2 2
5 Two-Nation Theory a. Origin and evolution of the Two-Nation Theory Lecture — PLO CLO Comprehension
2 2
6 Role of Women and b. Role of women and minorities in the freedom Lecture, Case — PLO CLO Analysis
Minorities movement Study 3 3
7 Introduction to the a. Constitution’s structure and importance Lecture Assignment 1 PLO CLO Knowledge
Constitution 4 4

92
 8 Midterm Review and — — Midterm Exam — — —
Exam
9 State Structure a. Distribution of powers: Executive, Legislative, Lecture — PLO CLO Knowledge
Judiciary 5 5
10 Fundamental Rights a. Rights guaranteed under the Constitution (Articles Case Study — PLO CLO Analysis
8-28) 6 6
11 Principles of Policy a. Policy guidelines and responsibilities of citizens Interactive — PLO CLO Comprehension
Session 6 6
12 Constitutional a. Significant amendments (e.g., 18th Amendment) Lecture, Group Quiz 2 PLO CLO Evaluation
Amendments Work 7 7
13 Governance and a. Role of governance and implications of federalism Lecture, Case — PLO CLO Analysis
Federalism Study 8 8
14 Key Articles (29-40) a. Social and economic policy guidelines Lecture — PLO CLO Knowledge
5 5
15 Final Review and Exam — — Final Exam — — —

Conduct in Class:
• Regular attendance and participation are mandatory.

• Students are expected to complete assigned readings before class.

• Assignments and quizzes must be submitted on time.

Relevance to Real-Life Application:

This course aims to create socially responsible citizens who understand their rights, responsibilities, and the democratic structure of the country.

93
 Semester – III

CODE COURSE CREDITS

Financial Management 3

Quantitative Reasoning - 1 3

Business Economics 3

Principles of Marketing 3

Human Resource Management 3

Cost Accounting 3

94
Course Title: Financial Management (BSAF 4 yrs)
Course Code:
Credit Hours: 3

Course Instructor:

Mode of Contact
You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

Prerequisite

This is a core course designed for BS students. The knowledge of Introduction to Business Finance is a prerequisite for this course.

Textbook
• Fundamentals of Financial Management (latest edition) by James.C. Van Horne
• Financial Management by Brigham and Housten 13th edition (or latest edition)
• Foundations of Financial Management by Stanley Block and Geoffrey Hirt 11th Edition

Course Description

95
 The ability to understand and communicate using financial information is a fundamental prerequisite to a successful career within a commercial environment.
As a consequence, those beginning their professional journey in finance needs to rapidly acquire a broad understanding of this course with an appreciation of its

functions within an organisation. The goal of Financial Management is to provide participants how to interface with accounting and finance departments, help them
to understand how firms meet their financial objectives utilizing financial decision-makings. This course describes the corporation and its operating environment, it

helps to understand how the finances of a company work,and how top management will be interfacing with finance. This course will also explain financial tools and

techniques, which can be used to help firms maximize value by improving decisions relating to risk in decision making, risk in capital budgeting and working capital
management. It also provides an overview of some theories in capital structure and dividend policies and thus it lays a foundation for more complex financial topics

that arise in additional elective courses in finance.

Course Learning Objectives (CLOs)

This course aims to provide students

CLO 1. To understand basic concepts of financial management and their application in investment, financing and dividend decisions.
CLO 2. To analyse the concept of time value of money and valuation models for long term securities.

CLO 3. To define the concept of risk and return in individual as well as portfolio context
CLO 4. To identify the concept of risk and managerial options in capital budgeting.

CLO 5. To understand the concept of ratios in financial statement analysis and decision making for the respective stakeholders
CLO 6. To know the theories of capital structure and theories of dividend policies.

CLO 7. To understand management of working capital and estimate it for decision making.
96
Teaching Methodology
Lectures, discussions and presentations are planned as class activities. All students are advised to participate in said activities, failing which students will suffer

in respect of learning and grades. Consistent with the course objectives, lectures will address learning objectives associated with weekly topics (as outlined in the
weekly schedule), including basic principles and working examples. While lectures will closely parallel material contained in assigned readings, they are not substitutes.

In particular, the lectures will clarify, expand and where necessary, update the material contained in assigned readings.

Assesment Instruments with Weights

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
Class Participation 5
Présentations 5
Total 20
GRAND TOTAL 100

97
Course Contents

Learning Assessment Thinking

Lecture Scheduled Topic PLO3 CLO
Activity Activity Level
01 • Introduction of Financial Management (Link with previous subject ITBF)
CLO
• Finance and Accounting. What is financial management Lecture PLO 1 Comprehension
1
• Difference between investing, financing and asset management decisions.
02 • Goal of the firm. Difference between profit maximization and shareholders wealth
maximization CLO
Lecture PLO 1 Comprehension
• agency theory, problems and conflicts 1
• Social responsibility
03 Time Value of Money
• Concept of Time Value of Money, Discussion of Time Line its importance, Assignment CLO Knowledge &
Difference between Present Value and Compound Value concept, Simple and Presentation 1 PLO 2
2 Comprehension
Compound Interest, Annuity, Discussion of Annuity (Overview only),

04 Valuation of Long term securities

• Overview of Valuation of long term securities. CLO
Lecture PLO 2 Knowlege
• Decision making in valuation of bond by comparing intrinsic value with market price. 2

.
98
05 • Yield to Maturity and Yield to Call for long term securities.
CLO
• Components of Required Rate of Return of a Stock Lecture Quiz 1 PLO 2 Comprehension
2
06 ■ Yield to maturity in common stock & Preferred Stock
CLO
■ Comparison of Yield to Maturity with dividend yield, capital gain yield and Yield to Call. Lecture PLO 2 Comprehension
2
07 Risk and Return
• Defining risk and return.
• Using Probability distribution to measure risk . Expected return and standard Lecture CLO
PLO 2 Knowledge
deviation. 3
• Coefficient of variation

08 • Risk and return in a portfolio context.

• Portfolio return , portfolio risk and importance of covariance CLO
Lecture PLO 2 Knowledge
• Risk if probability is normally distributed towards the mean position. 3

09 • Risk Diversification.
• Systematic and unsystematic risk
• The Capital Asset Pricing Model CLO
Lecture Quiz 2 PLO 2 Comprehension
• The Characteristic line. Beta (an index of systematic risk) 3
• The Security Market Line. (comparision of Characteristic line with SML)

10 • Efficient financial markets.

• Three forms of maket efficiency. Assignment CLO
Presentation PLO 2 Comprehension
• Does market efficiency always hold 2 3

11 Risk And Managerial Option In Capital Budgeting. CLO

Lecture PLO 2 Knowledge
• An overview of capital budgeting techniques (link with previous subject ITBF). 4
99
 Payback period method, Net Present Value Method, Internal Rate of Return and
Profitability Index.

12 • Concept of probability distribution, standard deviation, coefficient of variance.

• Calculation of Expected value, standard deviation and coefficient of variance by CLO
using capital budegeting technique (NPV, PI) Lecture Quiz 3 PLO 2 Comprehension
4
• Calculation of project.

13 • Independent project calculation of risk and return. CLO

• Selection and rejection of one of the two projects. Lecture PLO 2 Comprehension
4
14 • Probability tree approach of calculating risk and return
CLO
• Normal distribution of calculation of area under the curve. Lecture PLO 2 Comprehension
4

15 • Distribution to total firm risk- firm portfolio approach

• Expectation and measurement of portfolio risk and return. CLO
Lecture Assignment PLO 2 Comprehension
• Managerial options in capital budgeting. 4
3
16 Financial Statement Analysis
• Discussion on financial statements and their analysis. Users of financial
CLO
statements. Lecture PLO 2 Knowledge
5
• Importance of financial statements
• Different types of analysis
17 • Ratio analysis
• Liquidity ratios and financial Leverage ratios CLO
Lecture PLO 3 Knowledge
• Uses of liquidity and leverage ratios and trend for decision making. 5

100
18 • Turnover Ratios and Profitability Ratios.
• Users of turnover ratios and profitability ratios CLO
Lecture Quiz 4 PLO 3 Comprehension
• Numerical and problems related to ratios 5

19 • Profitability Ratios and coverage ratios CLO

• Du-pont model for calculation of Return on Assets and Return on Equity Lecture PLO 3 Comprehension
5
20 • Operating cycle and cash cycle.
Assignment CLO
• Numerical and calculations of ratios analysis Lecture PLO 3 Comprehension
4 5

21 • Index Analysis in financial statement analysis

• Common size analysis in financial statements CLO
Lecture PLO 4 Knowledge
• Numerical and problems in financial statements 6

Cash budgeting
22 • Collection and other cash flow receipts CLO
Lecture PLO 4 Knowledge
• Sales budget (6 months) 5

23 • Purchase budget (for six months) Assignment CLO

• Cash receipt and payment budget Lecture PLO 4 Comprehension
4 5
• Questions and numericals regarding cash budget.

24 Required Return and Cost of Capital

• Cost of equity-dividend discount model. CLO
Lecture PLO 4 Knowledge
• Cost of equity- capital asset pricing model approach 5
• Cost of equity-before tax cost of debt plus risk premium approach

101
 • Calculation of WACC

25 Capital structure theories

• Modigliani Miller theory Knowledge
CLO
• Pecking Order theory Lecture PLO 4
6
• Tax shield theory
• Market timing theory

26 Theories of Dividend Policies

• Bird-in hand theory CLO Knowledge
Lecture PLO 4
• Clintele theory 6
• Signaling Theory

CLO
27 Working Capital Management (introduction only) Lecture PLO5 Knowledge
6

28 Project Presentation & Viva Presentation

1
The students who earn the /BAF degree will be able to (PLOs):
i. Reflect competency in defining and stating the key concepts of accounting and finance through book reading, caselettes, and flash cards.
ii. Discuss the concepts and techniques of accounting and finance by rewriting, participating and browsing.
iii. Transform and modify from rote learning to constructive usage of financial.
iv. Discover the inferential demonstration of the concepts of accounting and finance in the real world.
v. Take leading roles to devise, design and reconstruct the accounting and financial procedures

102
 vi. Develop and formulate the accounting cases based on the right concepts and write solutions.
vii. Effectively communicate the ‘most relevant’ financial information.
viii. The belief in teamwork to make robust decisions of the challenging finance issues related to the businesses worldwide.

103
Course Title: Principles of Marketing
Course Code:
Course Instructor
Mode of Contact: You can contact your course instructor in the following ways:

Email:

Meeting: By appointment via e-mail

PREREQUISITES: As a marketing course, you must have an understanding of Introduction to Business

Textbook:
Principles of Marketing, by Philip Kotler, & Gary Armstrong 17th Edition.

Reference Material:

▪ Philip Kotler, Gary Armstrong, Ehsan Ul Haq Principles of Marketing, A South Asian Perspective 13th edition, PEARSON.
▪ Marketing by Michael J . Etzel , Bruce J. Walker and William Stanton , International Edition

Course Description: This course is designed to serve as an introduction to the basic principles of marketing, practices, and the application of these practices. This
course examines our present-day marketing system from a managerial point of view and has a current events component to help emphasize the marketing principles
in today’s business world. Subjects covered include consumers, market research and target markets, feasibility analysis, products, promotion, channels of distribution,
pricing, international marketing and use of technology in marketing. The majority of class time will be spent in lecture discussing the various solutions to marketing
cases by the application of marketing principles.

Course Objectives: The course objectives are

104
 1. To understand how organizations, identify customers and their wants/needs.
2. To comprehend marketing decisions, based upon the combination of product, price, promotion, and distribution elements.
3. To understand marketing is carried out by an organization to meet the requirements of domestic and international buyers, both households and businesses,
within the bounds of ethics and the legal environment.
4. To apply key frameworks and methods, and develop analytical skills to solve marketing problems.
5. To provide you with a firm foundation in marketing theory and marketing practices.
6. To relate the impact of marketing and its integration with your own major or field of interest.

Course Learning Outcomes: Upon completion of this course, students will be able to:
7. Understand the marketing concept, recognize and suggest application of the marketing concept
8. Assess the marketing mix in-depth and develop a marketing mix relevant to business decisions.
9. Discuss the implications of the marketing concept on an organization and its functions.
10. Explain the influence of the marketing concept on the firm, consumers and the society.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
105
 Lab. Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Basic concepts of marketing
What Is Marketing?
■ Marketing Defined
■ The Marketing Process Lecture BPLO1 CLO 1 Knowledge
■ Understanding the Marketplace and
Customer Needs

02 Designing a Customer-Driven Marketing Strategy

■ Selecting Customers to Serve
■ Choosing a Value Proposition
■ Marketing Management Orientations Lecture BPLO1 CLO 1 Knowledge
■ Preparing an Integrated Marketing Plan
and Program
■ Building Customer Relationships
03 Designing a Customer-Driven Marketing Strategy
■ Capturing Value from Customers Lecture BPLO1 CLO 1 Knowledge
■ Creating Customer Loyalty and Retention

106
 ■ Growing Share of Customer
■ Building Customer Equity

04 The Changing Marketing Landscape

■ The Uncertain Economic Environment
■ The Digital Age BPLO1 &
Lecture CLO 1 Knowledge
■ Rapid Globalization 7
■ Sustainable Marketing

05 Company and Marketing Strategy

■ Defining a Market-Oriented Mission
■ Setting Company Objectives and Goals
■ Designing the Business Portfolio
Lecture
■ Planning Marketing: Partnering to Build Customer BPLO 1 CLO 1 Knowledge
Relationships
■ Partnering with Other Company Departments
■ Partnering with Others in the Marketing System

06 Marketing Strategy and the Marketing Mix

■ Customer-Driven Marketing Strategy
■ Developing an Integrated Marketing Mix
■ Managing the Marketing Effort Lecture BPLO 1 CLO 2 Knowledge
■ Marketing Analysis
■ Marketing Planning

06 Marketing Strategy and the Marketing Mix Lecture Assignment 1 BPLO 1 CLO 2 Knowledge

107
 ■ Marketing Implementation Quiz 1
■ Marketing Department Organization
■ Marketing Control
■ Measuring and Managing Return on
Marketing Investment
07 Analyzing the Marketing Environment
■ The Microenvironment
■ The Company
■ Suppliers
Lecture BPLO 4 CLO 1 Knowledge
■ Marketing Intermediaries
■ Competitors
■ Publics
■ Customers
07 The Macro-environment
■ The Demographic Environment
■ The Economic Environment
■ The Natural Environment
■ The Technological Environment Lecture BPLO 4 CLO 1 Knowledge
■ The Political and Social Environment
■ The Cultural Environment
■ Responding to the Marketing Environment

08 Marketing Information and Customer Insights

■ Marketing Information and Customer
Lecture BPLO1 CLO 1 Knowledge
Insights
■ Assessing Marketing Information Needs
108
 Developing Marketing Information
■ Internal Data
■ Competitive Marketing Intelligence
08 Marketing Research
■ Defining the Problem and Research
Objectives
■ Developing the Research Plan Lecture BPLO1 CLO 1 Knowledge
■ Gathering Secondary Data
■ Primary Data Collection

09 Implementing the Research Plan

■ Interpreting and Reporting the Finding
■ Analyzing and Using Marketing
Information
■ Customer Relationship Management Lecture BPLO1 CLO 1 Knowledge
■ Distributing and Using Marketing
Information
■ Other Marketing Information
Considerations
10 Consumer buying behavior and Characteristics
Affecting Consumer Behavior
■ What are consumer markets and consumer
buying behavior? Lecture BPLO 1 CLO 1 Knowledge
■ Cultural Factors
■ Social Factors
■ Personal Factors

109
 ■ Psychological Factors

11 Types of Buying Decision Behavior

■ Complex Buying Behavior
■ Dissonance-Reducing Buying Behavior
Lecture BPLO1 CLO 1 Knowledge
■ Habitual Buying Behavior
■ Variety-Seeking Buying Behavior

12 Class activity (The Bridge)/ Tata Nano; the

people’s car Class
■ Focus on consumer needs
Activity/Case BPLO 2, 3 CLO 3,4 Comprehension
■ Manage key stakeholders
Discussion
■ Incorporate consumer/individual behavior

13 Customer-Driven Marketing Strategy

■ Market Segmentation
□ Segmenting Consumer Markets
□ Segmenting Business Markets Assignment 2
Lecture BPLO 1 CLO 1 Knowledge
□ Segmenting International Markets Quiz 2
□ Requirements for Effective
Segmentation

14 Market Targeting
■ Evaluating Market Segments
Lecture BPLO1 CLO 1 Knowledge
■ Selecting Target Market Segments
■ Differentiation and Positioning
110
 ■ Positioning Maps
■ Choosing a Differentiation and Positioning
Strategy
■ Communicating and Delivering the Chosen
Position
Mid Term Examination
15 Products, Services, and Brands
■ Products, Services, and Experiences
■ Levels of Product and Services
■ Product and Service Classifications
■ Product and Service Decisions Lecture BPLO1 CLO 2 Knowledge
■ Individual Product and Service Decisions
■ Product Line Decisions
■ Product Mix Decisions

16 Services Marketing
■ The Nature and Characteristics of a Service
■ Marketing Strategies for Service Firms
■ Branding Strategy: Building Strong Brands Lecture BPLO 1 CLO 1 Knowledge
□ Brand Equity
□ Building Strong Brands
□ Managing Brands
17 Coca-Cola India's Frozen Dessert Plan Heats
Case Discussion BPLO 2,3 CLO 3,4 Comprehension
Up Competition

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18 Pricing: Understanding and Capturing Customer
Value 1
■ What Is a Price?
■ Major Pricing Strategies
■ Other Internal and External Considerations
■ Affecting Price Decisions
Lecture BPLO 1 CLO 2 Knowledge
■ Overall Marketing Strategy
■ Overall Marketing Strategy, Objectives, and Mix
■ Organizational Considerations
■ The Market and Demand
■ The Economy
■ Other External Factors
19 Nestlé’s Maggi: Pricing and Repositioning a Recalled
Case Discussion BPLO 2,3 CLO 3, 4 Comprehension
Product
20 Marketing Channels: Delivering Customer Value
■ Supply Chains and the Value Delivery
Network
■ The Nature and Importance of Marketing
Channels
■ How Channel Members Add Value
Lecture BPLO1 CLO 2 Knowledge
■ Number of Channel Levels
■ Channel Behavior and Organization
■ Channel Behavior
■ Vertical Marketing Systems
■ Horizontal Marketing Systems
■ Multichannel Distribution Systems

112
 ■ Changing Channel Organization
■ Channel Design Decisions
■ Analyzing Consumer Needs
■ Setting Channel Objectives
■ Identifying Major Alternatives
■ Evaluating the Major Alternatives
■ Designing International Distribution
Channels

21 Channel Management Decisions

■ Selecting Channel Members
■ Managing and Motivating Channel Members
■ Evaluating Channel Members
■ Public Policy and Distribution Decisions Assignment 3
■ Marketing Logistics and Supply Chain Lecture BPLO1 CLO 2 Knowledge & Application
Quiz 3
Management
■ Nature and Importance of Marketing Logistics
■ Goals of the Logistics System
■ Major Logistics Functions
■ Integrated Logistics Management
22 Integrated Marketing Communications
■ The New Marketing Communications
Model
Lecture BPLO1,3 CLO 2 Knowledge
■ The Need for Integrated Marketing
Communications
■ A View of the Communication Process

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 ■ Steps in Developing Effective Marketing
Communication
■ Identifying the Target Audience
■ Determining the Communication
Objectives
■ Designing a Message
■ Choosing Media
■ Selecting the Message Source
■ Collecting Feedback
23 Setting Promotion Budget
■ Setting the Total Promotion Budget
■ Shaping the Overall Promotion Mix
■ Integrating the Promotion Mix
■ Socially Responsible Marketing Lecture BPLO1 CLO 2 Knowledge
Communication
■ Advertising and Sales Promotion
■ Personal Selling

24 Sustainable Marketing: Social Responsibility and

Ethics Lecture BPLO6 CLO 1 Knowledge

25 Class Activity (Managing PR Challenges)

■ Focused on managing situations where BPLO 2, 3
bad word of mouth has caused distrust Class Activity CLO 3,4 Comprehension
&6
among customers.
■ Collaborative learning

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 26 Socially Responsible Marketing Lecture BPLO 6 CLO 1 Knowledge
27 Final Project CLO
BPLO 3, 4
Presentations 1,2,3 & Application
&5
4
28 Final Project BPLO 3, 4 CLO
Presentations Application
&5 1,2,3&4
Final Term Examination

Topic-related exercises and assignments – Throughout the term; we cover different topics and exercises related to Principles of Marketing. These exercises might
include written assignments, quizzes, online discussions, outside activities, and case studies.

Final Project - Students are required to work on a Principles of Marketing practical project during the term. The course instructor will assign the topics and
students are required to work in groups on the assigned project. The project can be any facet of Principles of Marketing.

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Course Title: Quantitative Reasoning 1
Course Code:
Credit Hours: 3+0
Course Instructor:
Mode of Contact"

1. A Textbook of Exploring Quantitative Skills, by Prof. Dr. M. Imran Bhatti

2. Using and understanding mathematics, 6th edition by Jeffrey Bennet and William Briggs, published by Pearson USA.
3. Mathematical thinking and reasoning 2008 by Aufmann, Lockwood, Nation & Clegg published by Houghton Mifflin company USA.
4. Pre-calculus by Robert Blitzer 5th edition published by Pearson USA.
5. Pre-calculus Graphical, Numerical, Algebraic 8th edition by Franklin D. Demana, Bert K. Waits, Gregory D. Foley & Daniel Kennedy published by Addison
Wesley USA.
6. Pre-calculus Mathematics for Calculus, 6th edition by James Stewart, Lothar Redlin and Saleem Watson published by Brooks/Cole Cengage Learning USA.

Course Description:
Since ancient times, numbers, quantification, and mathematics has played a central role in scientific and technological development. In the 21st century Quantitative
Reasoning (QR) skills are essential for life as they help to better understand socio-economic, political, health, education, and many other issues an individual now
faces in daily life. The skills acquired by taking this course will help the students to apply QR methods in their daily life and professional activities. This course will also
change student’s attitude about mathematics. It will not only polish their QR skills, but also enhance their abilities to apply these skills
Course Objectives:
Students will be introduced to the basic concepts and they will be prepared to apply these concepts to analyze and interpret information in different walks of life.
Students will get familiarized with the importance of quantitative reasoning skills in the modern age. This course will improve their ability to deal with scenarios
involving numbers related issues in a logical manner. It will prepare students to apply the quantitative reasoning skills in solving quantitative problems which they
will experience in their practical lives

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Course Outcomes:
After completing this course successfully, students will be able to
1. Create and develop quantitative reasoning skills and apply to daily life challenges involving social and economic issues
2. Apply the learned principles of quantitative reasoning skills in other disciplines.
3. Acquire and use the quantitative reasoning skills in other disciplines.
4. Make decisions in logical manner.
5. Apply geometrical models to solve real life problems

Course Contents:
What is Quantitative reasoning? Overview of history of mathematics and contributions of Muslim scholars, Different types of standard numbers and their role in
practical life scenarios, Understanding relationship between parts and whole, Practical life scenarios involving units and rate, Unit analysis as a problem solving tool,
Understanding our world through numbers, Dealing with very big and small numbers and their applications, Understanding uncertainty and its applications, Stock
exchange and economy, Money management (profit, loss, discount, zakat, simple interest, compound interest and taxation), Money management in practical life
scenarios like investments and federal budget, Practical scenarios involving expressions, Algebraic concepts (solving linear equations and inequalities in business
scenarios), Data interpretation (reading and interpreting graphs, charts and tables, analyzing quantitative data in business reports), Introduce geometrical objects
through architecture and landscape (facility management and space optimization, project management in construction and development, retail space design etc.),
Introduction to sets and Venn diagrams, Venn diagrams and their applications in management sciences (market segmentation analysis, decision analysis, risk
management, Supply chain and logistics, quality management, strategic planning etc.).

Lecture Breakdown:
Week No. Topics

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1 What is Quantitative reasoning? Overview of history of mathematics and contributions of Muslim scholars.

2 Different types of standard numbers and their role in practical life scenarios, Understanding relationship between
parts and whole.
3 Understanding relationship between parts and whole, Practical life scenarios involving parts and whole.
4 Practical life scenarios involving units and rate, Unit analysis as a problem solving tool.
5 Understanding our world through numbers, Dealing with very big and small numbers and their applications.
6 Understanding uncertainty and its applications .
7 Stock exchange and economy.
8 Money management (profit, loss, discount, zakat).
9 Money management (simple interest, compound interest and taxation).
10 Practical scenarios involving expressions, Algebraic concepts (solving linear equations and inequalities in
business scenarios).
11 Data interpretation (reading and interpreting graphs, charts and tables, analyzing quantitative data in business
reports).
12 Introduce geometrical objects through architecture and landscape (facility management and space
optimization).
13 Applications of geometric objects in project management in construction and development, retail space
design etc.
14 Introduction to sets and Venn diagram.
15 Venn diagrams and their applications in management sciences (market segmentation analysis, decision analysis,
risk management.
16 Applications of Venn Diagrams in Supply chain and logistics, quality management, strategic planning etc.).

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Course Title: Business Economics
Course Code:
Credit Hours: 3+0

Course Instructor:

Mode of Contact
You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

PREREQUISITES
This course provides a broadly-based introduction to the study of economics. It is designed for students wishing to familiarize themselves with the basics of economics. No
particular background in terms of specific subjects studied is expected or required and no prior knowledge of economics is necessary for students to undertake a course of
study based on this specification. However, a familiarity with economic concepts would be an advantage.

Textbook:
ECONOMICS by Sameulson Nordhaus. 19th Edition. By McGraw Hills Publications.
Economics for Business” By Chris Mulhearn & Howard R. Vane, 4th Edition

Reference Material:

Modern Economic Theory: Micro and Macro Analysis by K.K. Dewett.

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Course Description:

Business Economics introduces economic concepts and principles which are useful in understanding the general economic environment within which businesses and
other organizations operate. This course is an introduction to economic analysis, with particular application to decision-making in business, and the effects of policy
on the broader economic environment in which business decisions must be made.
Course Objectives: The course objectives are

11. To provide an introduction to a broad range of economic concepts, theories and analytical techniques to the students.
12. To understand the analysis of choices made by individual decision-making units (households and firms).
13. To use economic concepts in a reasoned, careful manner in dealing with personal, community, national and global economic issues

Course Learning Outcomes: Upon completion of this course, students will be able to:

14. Describe explain key micro- and macro-economic concepts.

15. Relate the basic economic theory and principles to current economic issues and evaluate related public policy.
16. The ability to conceptualize economic problems, and to critically apply economic analysis.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
120
 Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO4 CLO
Activity Activity Level
01 Introduction to the Concept of Scarcity
■ Definition of Economics
■ Micro & Macro Economics.
■ Basic terms of microeconomics: Lecture PLO 3 CLO 2 Knowledge
Basic wants, Goods & Services,
Consumption, Utility.

02 The Central Concepts of Economics

■ Three Basic problems of Economic
Lecture PLO 3 CLO 2 Comprehension
organization.
■ Positive vs. Normative Economics.

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 ■ Market, Command, and Mixed
Economies
■ Production Possibility Frontier
03 The Production Possibility Frontier
■ Opportunity Costs Assignment
■ Efficiency & Inefficiency. Lecture PLO 3 CLO 2 Comprehension
No.1
■ Applications of PPF

04 Demand

■ Defining Demand & Law of Demand

Lecture PLO 3 CLO 2 Comprehension
■ Demand Schedule
■ Assumptions of Demand
■ Factors Affecting Demand
05 Demand
■ Shift in Demand curve and Movement
along the curve
Lecture PLO 3 CLO 2 Comprehension
■ Market Demand

06 Supply
■ Difference between Stock & Supply
■ Supply & Law of Supply Lecture PLO 3 CLO 2 Comprehension
■ Assumptions of Supply

07 Supply
Lecture Quiz 1 PLO 3 CLO 2 Comprehension
■ Factors Affecting Supply
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 ■ Shift in Supply curve and Movement along
the curve
■ Equilibrium of Demand & Supply
■ Effects of shift in Demand & Supply

08 Elasticity of Demand
■ Introduction to the concept of Elasticity
■ Definition of Elasticity of Demand
■ Determinants of Elasticity of Demand Lecture PLO 3 CLO 2 Comprehension
■ Mathematical calculation of Ed
■ Graphical representation of Ed

09 Elasticity of Supply
■ Definition of Elasticity of Supply
■ Determinants of Elasticity of Supply
Lecture PLO 3 CLO 2 Comprehension
■ Mathematical calculation of Es
■ Graphical representation of Es

10 Economic Analysis of Costs

■ Total Cost
■ Fixed Cost
■ Variable Cost Lecture PLO 3 CLO 2 Knowledge
■ Marginal Cost
■ AFC, AVC, AC
■ Relation between AC & MC

123
11 Economic Analysis of Costs
■ Diminishing Returns & U-shaped Curves.
Lecture PLO 3 CLO 2 Knowledge
■ Link between production and costs.
■
12 Behavior of Competitive Firms
■ Perfect Competition Definition
Lecture PLO 3 CLO 2 Knowledge
■ Characteristics of Perfect Competition
■ Demand Curve in Perfect Competition
13 Behavior of Competitive Firms.
■ Price & Output Determination in short-run
□ Normal Profit
□ Abnormal Profit
□ Loss Lecture PLO 3 CLO 2 Comprehension
□ Shut-down Point
■ Price & Output Determination in long-run

14 Patterns of Imperfect Competition

■ Definition of Imperfect Competition
■ Types of Imperfect Competition Lecture PLO 3 CLO 2 Comprehension
■ Demand Curve under Imperfect
Competition
15 Patterns of Imperfect Competition

■ Marginal Revenue & Monopoly Assignment

Lecture PLO 3 CLO 2 Comprehension
■ Sources of Market Imperfections No.2
■ Natural Monopolies
■ Profit Maximizing Conditions.
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16 Difference between micro & macroeconomics.
■ Three basic goals of Macroeconomics. Lecture PLO 3 CLO 2 Comprehension
■ Objectives of Macroeconomics.
17 Instruments of Macroeconomics
Lecture
■ Measuring economic success. Quiz 2 PLO 1 CLO 3 Comprehension
■ Tools of macroeconomic policy

18 Aggregate demand & aggregate supply.

■ Supply shocks Lecture PLO 3 CLO 2 Comprehension

19 Measuring Economic Activity

■ GDP definition
■ Real GDP vs. Nominal GDP
■ GDP Deflator
■ Components of GDP Lecture PLO 3 CLO 2 Comprehension
■ GNP, NDP, National Income, Disposable
Income

21 Measuring Economic Activity

■ GNP, NDP, National Income, Disposable
Income Lecture PLO 1 CLO 3 Comprehesnion
■ Price indexes and Inflation

125
22 Consumption & Investment

■ The Consumption Function

■ The Saving Function
■ Marginal Propensity to Consume Lecture Assignment 3 PLO 3 CLO 2 Comprehension
■ Marginal Propensity to Consume
■ Determinants of Consumption

23 Consumption & Investment

■ Definition of Investment
■ Determinants of Investment
Lecture PLO 1 CLO 3 Knowledge
■ Investment Demand Curve
■ Shift in Investment Demand Curve

24 Money and the Financial System

■ Definition of Money
Lecture PLO 3 CLO 2 Knowledge
■ Functions of Money
■ Evolution of money
25 Money and the Financial System
■ Demand for Money
■ Supply of Money
Lecture PLO 3 CLO 2 Knowledge
■ Nominal vs Real Interest Rate
■ Cost of holding money

26 Economic Growth PLO 3 CLO 2 Comprehension

126
 ■ Four wheels of Growth
■ Unemployment
□ Okun’s Law
□ Types of unemployment

27 Final project presentations Presentations PLO 1 CLO 3 Creation

28 Final project presentations Presentations PLO 1 CLO 3 Creation

127
Course Title: Cost Accounting
Course Code:
Credit Hours: 3+0
Course Instructor:

Introduction
This course describes the nature and purpose of cost accounting, analyzes the behavior of various types of costs; highlights common practices related to
absorption, marginal, and standard costing; differentiate between job, batch, and process costing, and involves the preparation of cost statements, and

project planning and control. This course builds upon the concepts and techniques to help plan, prepare, analyze, and control cost-driven activities. It
enables the students to acquire the skills necessary to analyze and interpret accounting data.

Course Learning Objectives (CLOs)

This course aims to provide students with understanding about:

CLO 8. Nature, purpose and the basic concepts of Cost Accounting

CLO 9. Cost accounting activities related to material, labour and overheads

CLO 10. Marginal and Absorption costing

CLO 11. Job, batch and process costing

CLO 12. Budgeting

128
 CLO 13. Standard Costing
CLO 14. Service and operation costing

CLO 15. Alternative costing principles

Contacting the Module Instructor

You can contact your module instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

Prerequisites
This is a core course designed for BS students. Fundamentals of Accounting & Financial Accounting are prerequisites for this course.

Teaching and Learning Outcomes

On completion of this course students should be able:

TLO 1. To understand various concepts of Cost Accounting.

TLO 2. To understand activities related to material, labour, and overheads.
TLO 3. To understand Marginal and Absorption costing.
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TLO 4. To know Job, batch and process costing.
TLO 5. To understand about Budgeting.

TLO 6. To know and understand Standard costing.

TLO 7. To know and understand Service and operation costing.

TLO 8. To know about Alternative costing principles.

Teaching Methodology
There will be lectures, discussions, and presentations as part of the scheduled class activities. It is advised that all students participate in these activities;

failing to do so will hurt their learning and GPAs. According to the course objectives, lectures will feature learning objectives for weekly topics (as
mentioned in the weekly schedule), including essential ideas and real-world examples. Lectures are not a substitute for required readings, even though

they will cover the same material. The information covered in the prescribed readings will be specifically expanded upon and, if necessary, updated
throughout the lectures. In addition to lectures, the following learning activities will continue to be the main focus of the students' attention.

Assessment Scheme

Assignments ---------------------------------------------------------------------------------------------------------- 10%

Quizes------------------------------------------------------------------------------------------------------------------ 10%

Mid Term Examination -------------------------------------------------------------------------------------------- 30%

Final Examination --------------------------------------------------------------------------------------------------- 50%

130
TOTAL --------------------------------------------------------------------------------------------------------------- 100%

Reading Materials
RECOMMENDED TEXTBOOKS:

• ACCA F2(MA/FMA) course book by Kaplan Publishers

• ACCA F2(MA/FMA) course book by BPP Publishers
• ACCA F2(MA/FMA) course book by Beker Publishers
• Cost Accounting by Matz, Usry Latest Edition Textbook.

ix. Reflect competency in defining and stating the key concepts of accounting and finance through book reading, caselettes, and flash cards.
x. Discuss the concepts and techniques of accounting and finance by rewriting, participating and browsing.
xi. Transform and modify from rote learning to constructive usage of financial.
xii. Discover the inferential demonstration of the concepts of accounting and finance in the real world.
xiii. Take leading roles to devise, design and reconstruct the accounting and financial procedures
xiv. Develop and formulate the accounting cases based on the right concepts and write solutions.
xv. Effectively communicate the ‘most relevant’ financial information.
xvi. The belief in teamwork to make robust decisions of the challenging finance issues related to the businesses worldwide.

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 Module Contents
Learning Assessment Thinking
Lecture Scheduled Topic PLO5 CLO
Activity Activity Level
1 The nature and purpose of cost and management accounting:
• Distinguish between data and information
• Identify and explain the attributes of good information
• Compare and contrast financial accounting with cost and management accounting Lecture PLO 1 CLO 1 Comprehension
• Outline the managerial processes of planning, decision making and control

• Explain the difference between strategic, tactical and operational planning

2 The nature and purpose of cost and management accounting:

• Distinguish between cost, profit, investment and revenue centers
• Describe the differing needs for information of cost, profit, investment and revenue
centers managers
Lecture PLO 1 CLO 1 Comprehension
• Describe the purpose and role of cost and management accounting within an
organization’s management information system
• Explain the limitations of management information in providing guidance for
managerial decision making.
3 Types of cost and cost behavior:
• Explain and illustrate production and nonproduction costs
Lecture PLO 2 CLO 1 Comprehension
• Describe the different elements of production cost – materials, labor
and overheads

.
132
 • Describe the different elements of nonproduction cost – administrative, selling,
distribution
and finance

4 Types of cost and cost behavior:

• Explain the importance of the distinction between production and
nonproduction costs when valuing output and inventories
• Explain and illustrate with examples classifications used in the analysis Lecture PLO 2 CLO 1 Comprehension
of the product/service costs including by function, direct and indirect,
fixed and variable, stepped fixed and semi variable costs
• Describe and illustrate, graphically, different types of cost behavior
5 Types of cost and cost behavior:
• Use high/low analysis to separate the fixed and variable elements of
total costs including situations involving semi variable and stepped
fixed costs and changes in the variable cost per unit Lecture PLO 2 CLO 1 Application
• Explain the advantages and disadvantages of using high low method
to estimate the fixed and variable element of costing

6 Accounting for inventory:

• Describe the different procedures and documents necessary for the
ordering, receiving and issuing of materials from inventory
• Identify, explain and calculate the costs of ordering and holding
Lecture PLO CLO 2 Comprehension
inventory (including buffer inventory)
• Describe and apply appropriate methods for establishing reorder levels where
demand in the lead time is constant

133
7 Accounting for inventory:
• Calculate and interpret the optimal order quantities
• Calculate and interpret the optimal order quantities when quantity
discounts are available Lecture PLO 3 CLO 2 Comprehension
• Produce calculations to minimize inventory costs when inventory is gradually
replenished

8 Accounting for inventory:

• Calculate the value of closing inventory and material issues using
LIFO, FIFO and average methods
• Describe the control procedures used to monitor physical and ‘book’ inventory andLecture
Assignment 1 PLO 3 CLO 2 Application
to minimize discrepancies and losses
• Interpret the entries and balances in the material inventory account.

9 Accounting for Labour:

• Calculate direct and indirect costs of labour
• Explain the methods used to relate input labour costs to work done
Lecture PLO 3 CLO 2 Comprehension
• Prepare the journal and ledger entries to record labour costs inputs
and outputs
• Interpret entries in the labour account
10 Accounting for Labour:
• Describe different remuneration methods: time-based systems; piecework
systems and individual and group incentive schemes
Lecture PLO 3 CLO 2 Application
• Calculate the level, and analyse the costs and causes of labour turnover
• Explain and calculate labour efficiency, capacity and production volume ratios

134
 11 Accounting for overheads:
• Explain the different treatment of direct and indirect expenses
• Describe the procedures involved in determining production overhead
absorption rates
• Allocate and apportion production overheads to cost centres Lecture Quiz 1 PLO 3 CLO 2 Comprehension
using an appropriate basis
• Reapportion service cost center costs to production cost
centres (using the reciprocal method where service cost centres work for each other)

12 Accounting for overheads:

• Select, apply and discuss appropriate bases for absorption rates
• Prepare journal and ledger entries for manufacturing overheads Lecture PLO 3 CLO 2 Application
incurred and absorbed
• Calculate and explain the under and over absorption of overheads
13 Marginal and absorption costing:
• Explain the importance of, and apply, the concept of contribution
• Demonstrate and discuss the effect of absorption and marginal costing Lecture
Assignment 2 PLO 4 CLO 3 Comprehension
on inventory valuation and profit determination
• Calculate profit or loss under absorption and marginal costing
14 Marginal and absorption costing:
• Reconcile the profits or losses calculated under absorption and marginal costing
Lecture
Quiz 2 PLO 4 CLO3 Application
• Describe the advantages and disadvantages of absorption and marginal costing

15 Job, batch and process costing:

• Describe the characteristics of job costing, batch costing, process costing and Lecture PLO 4 CLO 4 Comprehension
describe situations in which each would be appropriate

135
 • Prepare cost records and accounts in job and batch costing situations
• Establish job and batch costs from given information for process costing explain the
concepts of normal and abnormal losses and abnormal gains
16 Job, batch and process costing:
• Calculate the cost per unit of process outputs
• Prepare process accounts involving normal and abnormal losses and abnormal gains
Lecture PLO 4 CLO 4 Comprehension
• Calculate and explain the concept of equivalent units
• Apportion process costs between work remaining in process and transfers out of a
process using the weighted average and FIFO method
17 Job, batch and process costing:
• Prepare process accounts in situations where work remains incomplete
• Prepare process accounts where losses and gains are identified at different stages of
Lecture PLO 4 CLO 4 Application
the process
• Differentiate between Job and Process costing
▪ Cost of Production Report
18 Job, batch and process costing:
• Distinguish between byproducts and joint products
Lecture PLO 4 CLO 4 Comprehension
• Value byproducts and joint products at the point of separation
• Prepare process accounts in situations where byproducts and/or joint products occur.
19 Budgeting:
• Explain why organizations use budgeting
• Describe the planning and control cycle in an organization Lecture PLO 4 CLO 5 Comprehension
• Explain the administrative procedures used in the budgeting process
• Describe the stages in the budgeting process
20 Budgeting:
Lecture Assignment 3 PLO 4 CLO 5 Application
• Explain top down, bottom-up approaches to budgeting

136
 • Prepare sales budgets
• Prepare functional budgets (production, raw materials usage and purchases, labor,
variable, and fixed overheads)
• Prepare cash budget

21 Budgeting:
• Prepare master budgets (income statement and statement of financial position)
• Explain and illustrate 'what if' analysis and scenario planning Lecture Quiz 3 PLO 4 CLO 5 Application
• Explain the importance of flexible budgets in control
• Explain the disadvantages of fixed budgets in control
22 Standard Costing:
• explain the purpose and principles of standard costing
• explain and illustrate the difference between standard, marginal
Lecture PLO 4 CLO 6 Comprehension
and absorption costing
• establish the standard cost per unit under marginal costing and absorption costing

23 Standard Costing:
• calculate sales price and volume variances
• calculate materials total, price, and usage variances
• calculate labour total, price, and efficiency variances
• calculate the variable overhead total, expenditure, and efficiency variances Lecture PLO 4 CLO 6 Application
• calculate fixed overhead total, expenditure and, where appropriate,
• volume, capacity, and efficiency variances
• interpret the variances

24 Standard Costing: Lecture Assignment 4 PLO 4 CLO 6 Comprehension

137
 • explain factors to consider before investigating variances
(including the relative significance),
• explain possible causes of the variances and
• recommend control action (potential action to eliminate variances
• explain the interrelationships between the variances
• calculate actual figures or standard figures where the variances are given
25 Alternative costing principles:
• Explain activity-based costing (ABC)
• Explain Target costing
• Explain Life cycle costing and total quality management (TQM) Lecture Quiz 4 PLO 2 CLO 8 Comprehension
• Differentiate ABC, target costing and life cycle costing from the traditional costing
techniques

26 Alternative costing principles:

• Compare cost control and cost reduction
• Describe and evaluate cost reduction methods Lecture PLO 2 CLO8 Comprehension
• Describe and evaluate value analysis
27 Service and operation costing:
• Identify situations where the use of service/operation costing is appropriate
Lecture PLO 4 CLO 7 Comprehension
• Illustrate suitable unit cost measures that may be used in different service/operation
situations
28 Service and operation costing:
• Carry out service cost analysis in simple service industry situations. Lecture PLO 4 CLO 7 Application

Note: The course is planned for 30 students. In case of less or more than 30 students course plan will be changed by the instructor.

138
Course Title: Human Resource Management
Course Code:
Course Instructor

Mode of Contact: You can contact your course instructor in the following ways:
Email: [email protected]

Meeting: By appointment via e-mail

PREREQUISITES: There are no formal prerequisites for this course, but students should have a basic understanding of business and management principles.

Textbooks:
✓ Human Resource Management By Raymond Noe and John Hollenbeck and Barry Gerhart and Patrick Wright- 12 Edition
✓ Human Resource Management by Gary Dessler 16th edition Published by Pearson
✓ Fundamentals of Human Resource Management by David A. DeCenzo, Stephen P. Robbins, Susan L. Verhulst ‐‐ 12th edition.

Reference Material:
✓ Managing Human Resources by Shad Morris Monica Belcourt, George W Bohlander, Scott Snell, Parbudyal Singh
✓ The International Journal of HRM

Course Description:
Modern organizations need to continuously harness the talents and abilities of its employees. Organizations that successfully attract, hire, retain, and support the
top employees gain a sustainable competitive advantage through increased productivity and reduced turnover costs. Decisions about when and whom to hire, how
much to pay, what training to offer, and how to evaluate employees thus have important consequences for an organization’s ability to reach its objectives. This
course intends to develop a critical understanding of the role and functions of the various human resource activities in an organization, providing students with a

139
comprehensive review of key HRM concepts, techniques and issues. This course is intended to show students that HRM is not merely just accepting job applications
and recordkeeping; it is a central and strategic organizational activity of increasing importance.

Course Objectives: The course objectives are

1. Develop a critical understanding of the role and functions of the various human resource activities in an organization.
2. Create awareness about significance of HRM as a field of study and as a central management function.
3. To provide basic and relevant knowledge about the elements of each HR function (e.g. – HR planning, recruitment & selection, performance management
etc.) and familiarize students with each element’s key concepts & terminology.
4. Build and develop the knowledge, skills and attitudes to effectively manage people.
5. Develop an awareness and understanding for the roles of HR managers and practitioners in the organization through course readings and discussions.
6. Provide students with opportunities to apply HRM theory, policies and practices and critical thinking skills to real-world problems through case studies.

Course Learning Outcomes: On successful completion of the course, students should be able to:

➢ CLO1 Demonstrate an awareness of and knowledge about HRM.

➢ CLO2 Describe and analyze key HRM functions and how they relate to each other
➢ CLO3 Analyze and evaluate significant contemporary issues in human resource management including HRM's contribution to organizational performance
➢ CLO4 Explain functions of job analysis and design, standards of employment law for employee compensation.
➢ CLO5 Recognize the impact of strategic human resource planning, recruitment and selection process on the organizational efficiency
➢ CLO6 Apply best practices in performance management and employee training
➢ CLO7 Design practical business solutions to critical HR issues such as employee retention.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

140
 SNR ITEMS MARKS
1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO6 CLO
Activity Activity Level
01 Introduction to HRM I
■ Definition
Lecture PLO 1 CLO 1 Knowledge
■ What Responsibilities and Roles Do HR
■ Departments Perform?
02 Introduction to HRM II Lecture PLO 1 CLO 1 Comprehension

141
 ■ Strategic Role of the HRM Function
03 Introduction to HRM III
■ Competitive Challenges Influencing Lecture PLO 7 CLO 3 Comprehension
Human Resource Management
04 Work-Flow Analysis and Organization
Lecture PLO 2 CLO 4 Knowledge
Structure I
05 Job Analysis II
■ Importance and use of Job Analysis
Lecture PLO 1 CLO 4 Comprehension
■ Job Analysis Information
■ Job Analysis Methods
06 Job Design Assignment 1
Lecture PLO 1 CLO 4 Comprehension
■ Job Design Approaches Quiz 1
07 HR Planning
Lecture PLO 4 CLO 2,5 Knowledge
■ The Human Resource Planning Process
08 The Human Resource Recruitment Process
Lecture PLO 1 CLO 2,5 Comprehension
Factors I
09 Recruitment Process II
■ Personnel Policies
Lecture PLO 1 CLO 2,5 Comprehension
■ Recruitment Sources
■ Recruiters
10 Selection and Placement I
Lecture PLO 1 CLO 2,5 Comprehension
■ Selection Method Standards
11 Selection II
Lecture PLO 1 CLO 2,5 Comprehension
■ Types of Selection Methods
12 Harvard business Case Discussion Discussion PLO 5 CLO 3,5 Analysis

142
 “Values-Based Approach to Candidate Selection:
One Hiring Manager's Approach”
13 Training I
■ Training: Its Role in Continuous Learning Lecture PLO 1 CLO 2,6 Knowledge
and Competitive Advantage
14 Training II
■ Designing Effective Formal Training Lecture PLO 1 CLO 2,6 Comprehension
Activities
15 Training III
■ Cross-Cultural Preparation
■ Managing Workforce Diversity and Lecture PLO 7 CLO 2,6 Comprehension
■ Inclusion
■ Onboarding and Socialization
16 Performance Management I
■ The Practice of Performance
Management Lecture PLO 1 CLO 2,6 Knowledge
■ The Process of Performance Management
■ Purposes of Performance Management
17 Performance Management II
Lecture PLO 1 CLO 2,6 Comprehension
■ Performance Measures Criteria
18 Performance Management III
Case Discussion PLO 1 CLO 2,6 Comprehension
■ Approaches to Measuring Performance
19 Employee Separation and Retention I
Lecture PLO 1 CLO 3,7 Comprehension
■ Managing Involuntary Turnover
20 Employee Separation and Retention II
Lecture PLO 1 CLO 3,7 Knowledge
■ Managing Voluntary Turnover

143
21 Pay Structure Decisions I
Lecture PLO 6 CLO 4 Comprehension
■ Equity Theory and Fairness
22 Pay Structure Decisions II
■ Developing Pay Levels
Lecture PLO 6 CLO 4 Comprehension
■ Government Regulation of Employee
■ Compensation
23 Recognizing Employee Contributions with Pay I
Case Discussion PLO 1 CLO 4,7 Comprehension
■ Pay for Performance Programs
24 Recognizing Employee Contributions with Pay II
Lecture PLO 1 CLO 4,7 Comprehension
■ Managerial and Executive Pay
25 Discussion on the Application of Course CLO
Class Discussion PLO 1 Application
Knowledge in Pakistani Organizations 1,2,3
26 Harvard business Case Discussion CLO
■ "Nokia's Bridge Program: Redesigning Case Discussion PLO 5 Analysis
1,3
Layoffs (A)."
27 Final Project Presentation
Presentation PLO 5 CLO 3 Creation

28 Final Project Presentation

Presentation PLO 5 CLO 3 Creation

144
 Semester – IV
CODE COURSE CREDITS
AFAC-242 Advance Financial Accounting 3
AFHR-211 Personal Management and Grooming 3
AFFI-269 Corporate Finance 3
AFMG-241 Entrepreneurship 3
AFSS-211 International Relation & Current Affairs 3

145
Course Title: Advance Financial Accounting
Course Code:
Credit Hours: 3+0
Course Instructor: Asad Yaqub

Mode of Contact"

You can contact your course instructor in the following ways:

Email: [email protected]

Meeting: By appointment via e-mail

PREREQUISITES: You must have an understanding of Financial Accounting

Textbook:
• Financial Accounting - Study Text from ACCA by Kaplan Publisher
• Financial Reporting – Study Text from ACCA by Kaplan Publisher

Reference Material:
• Financial Accounting, Second Edition, By David Annand

Course Description: Advanced financial accounting is designed to provide students with financial reporting and business skills that are applicable
in an international professional environment. The subject is based on the International Accounting Standards (IASs) which are issued by the
International Accounting Standards Board (IASB). Advanced financial accounting is a significant part of an entity’s governance and accountability
process, and compliance with the IASs is important because it results in the presentation of fairly stated financial statements. This course introduces
the students to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative characteristics of useful
information also drafting financial statements and the principles of accounts preparation. The course then concentrates in depth on recording,
146
processing, and reporting business transactions and events finally students will be requiring the preparation of simple consolidated financial
statements from the individual financial statements of group incorporated entities.

Course Objectives and Learning Outcomes: This course will enable participants to draft financial statements in accordance with International Accounting Standards
(IASs) which are required for preparation and presentation of financial outcomes of the entity. Moreover, this course is aimed to develop knowledge and
understanding of the underlying principles and concepts relating to advance financial accounting and technical proficiency in the use of double-entry accounting techniques
including the preparation of basic financial statements.. The course objectives are to:

• Discuss and apply a conceptual and regulatory framework for financial reporting.
• Understand the conceptual framework for financial reporting as well as regulatory framework for financial reporting.
• Account for transactions in accordance with International accounting standards.
• Prepare and present financial statements for single entities
• How to draft financial statements for Business combinations in accordance with IFRS.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project

147
 Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Conceptual Framework For Financial
Reporting
■ Describe the conceptual framework
of accounting.
■ Describe the IASB’s standard setting
Lecture PLO 2 CLO 1 Comprehension
process
■ Discuss the recognition criteria.
Apply the recognition criteria to
assets, liabilities, income and
expenses.
02 ■ Describe the components of financial
statements and explain the
qualitative characteristics of financial
Lecture PLO 2 CLO 2 Comprehension
statements.
■ Explain and compare the different
measures methods
03 IAS2- Inventories
■ Apply the principles of inventory Lecture PLO 2 CLO 3 Comprehension
valuation in accordance with IAS 2
148
 ■ Recognize the costs that should be
included in inventory
■ Identify the impact of inventory
valuation on reported profits and
asset
04 IAS16- Property, Plant and Equipment
■ Capital V/s Revenue expenditures.
■ Recording the depreciation charge
on non-current. Lecture PLO 2 CLO 3 Comprehension
■ The process of revaluation,
calculating and recording the
depreciation on revalued assets.
05 IAS 36: Impairment of Assets
■ Define an impairment loss.
Lecture PLO 2 CLO 3 Comprehension
■ Identify the circumstances that may
indicate impairments to assets.
06 ■ Describe what is meant by a cash
generating unit.
■ State the basis on which impairment Lecture Quiz 1 PLO 2 CLO 3 Comprehension
losses should be allocated
■ Practicing related problems
07 IAS 38: Intangibles
■ Recognize the difference between
Lecture PLO 2 CLO 3 Comprehension
tangible and intangible non-current
assets.

149
 ■ Define and explain the treatment of
research costs and development
costs in accordance with IAS 38
■ Calculate the amounts to be
capitalized or expensed with regard
to R&D.
08 ■ Explain the purpose of, calculate and account
for amortization of intangible asset Lecture PLO 2 CLO 3 Comprehension
■ Practicing related problems
09 IAS 37: Payables, Provision and
Contingent Liabilities
■ Classify items as current or
noncurrent liabilities
Lecture PLO 2 CLO 3 Comprehension
■ Illustrate the different accounting
treatments of 'provisions,'
'contingent liabilities, ' and
'contingent assets'.
10 ■ Calculate and record provisions and Assignment
movements in provisions Lecture 1 PLO 2 CLO 3 Comprehension
■ Practicing related problems
11 IAS 1: Presentation of Financial
Statements Lecture PLO 2 CLO 4 Comprehension
■ Introduction to published accounts.

150
 ■ Prepare a Single entity’s financial
statements in accordance with
prescribed structure and contents in
accordance with IAS.
12 ■ Practice for preparation of single
entity financial statements including
Case Discussion PLO 2 CLO4 Comprehension
SoP&L, SoFP, SoE and notes to
accounts
13 ■ Further Practice questions for Assignment
preparation of financial statements Lecture 2 PLO 2 CLO 4 Comprehension
including all adjustments Quiz 2
14 ■ Revision of Course before midterm CLO
Lecture PLO 2 Comprehension
exam. 2,3 &4
15 IAS 10: Events after Reporting Period
■ Explain the difference between
adjusting and non-adjusting events.
Lecture PLO 2 CLO 4 Comprehension
Identify the correct accounting
treatment for events occurring after
the year end.
16 ■ Practise for IAS 10 Case Study PLO 2 CLO 4 Comprehension
17 IFRS 17: Leases
■ Define a finance lease and an operating
lease Lecture PLO 2 CLO 3 Comprehension
■ Understanding the difference between
IAS 17 and IFRS 16.
151
 ■ Determine whether a lease is a finance
lease or an operating lease
18 ■ Account for finance lease assets in
the records of the lessee.
Lecture PLO 2 CLO 3 Comprehension
■ Account for operating lease assets in
the records of the lessee.
19 ■ Explain the effect on the financial
statements of a finance lease being
Lecture PLO 2 CLO 4 Comprehension
incorrectly treated as an operating
lease.
20 ■ Account for mid-year lease Assignment
arrangements Lecture 3 PLO 2 CLO 3 Comprehension
■ Practice questions for Lease 1FRS17

21 IAS 33: Earnings Per Share

■Define basic earnings per share (EPS).
■Calculate EPS with a bonus issue during
the year. Lecture PLO 2 CLO 3 Comprehension
■ Calculate EPS with an issue at full market
value during the year.
■ Calculate EPS with a Bonus issue during
the year
22 ■ Calculate basic EPS with a rights issue
during the year. Lecture PLO 4 CLO 3 Comprehension
■ Practice questions for IAS 33.
23 Simple Consolidated Financial Statements Lecture PLO 2 CLO 5 Knowledge

152
 ■ Define and describe the parent,
subsidiary, control, consolidated or
group financial statements, non-
controlling interest, simple
investment in the context of group
accounting.
24 ■ Describe the components for
preparing a consolidated statement
of financial position including: Net
Assets of subsidiary, Goodwill Lecture Quiz 3 PLO 2 CLO 5 Comprehension
Calculations, Calculation of Non-
Controlling Interest and Group
retained earnings.
25 ■ Describe the components of and
prepare a consolidated statement of
financial position or extracts thereof,
Lecture PLO 2 CLO 5 Comprehension
including the adjustments: fair values,
inter-company trading, unrealized
profits,
26 ■ Solving the problems Lecture PLO 2 CLO 5 Comprehension
27 ■ Describe the components of and
prepare a consolidated statement of
Lecture PLO 2 CLO 5 Comprehension
profit or loss and other
comprehensive income or extracts

153
 thereof, including the adjustments:
inter-company trading, unrealized
profit,
■ Mid-year acquisitions problems.
■ Define and identify an associate.
Describe the principle of equity
accounting
28 ■ Solving the problems Lecture PLO 2 CLO 5 Comprehension

154
Course Title: Personal Management and Grooming

Course Code:
Credit Hours: 3+0

Course Instructor:

Mode of Contact:
You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

PREREQUISITES: none

Textbook:
‘Soft Skills’. Author: Manmohan Joshi.
‘The John Adair Handbook of Management and Leadership’. Editor: Neil Thomas.

Reference Material:

The instructor may provide additional cases, handouts, self-assessment quizzes and exercises, as considered necessary.

COURSE DESCRIPTION / OBJECTIVES:

155
 Personal grooming and social etiquettes are very important in projecting sound work culture, positive image, and strong branding for both individuals
and organization. Every professional must make great effort to promote confidence, professionalism, sophistication, intelligence, and credibility. Given that
the corporate world is fast-moving, fast-changing, individuals within the work context must learn the art of personal management through self-awareness
and coping/ self-management skills. Personal management lays the groundwork for future work performance. Without a strong foundation of personal
management, individuals are limited in ability to achieve high performance. This course is designed to enable students understand the importance of
social skills to develop the mindset of a great manager, change behavioral patterns and acquire the specific skills that will enhance their personal and
professional presence

Course Learning Outcomes: After successful completion of this course, students will be able to:

• Understand the basics of personal management pertaining to Hard and Soft Skills.
• Reflect their learning potential through professional Behavior and Communication at the work place and learning of social etiquettes in workplace.
• Identify key elements associated with life changes and explain the dynamics of working as a team, instilling motivation, thinking optimistically, and serving as an
efficient leader.
• Analyze the proper techniques used to promote effective communication, demonstrate accountability, and foster positive interpersonal relationships.
• Evaluate how attitude, personality, and goal-setting can have a direct effect on work performance and life plans.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
156
 Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other 10
Total 20
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLO CLO
Activity Activity Level
Soft skills
• Introduction
Lecture PLO 1 CLO 1 Knowledge
• What are soft skills?
• need for soft skills
01 Introduction to personal management need and
importance of personal skills Lecture PLO 1 CLO 1 Knowledge

02 Defining personality, its types + development Lecture PLO 1 CLO 1 Knowledge

03 Elements of personality development, Goal-setting +
Lecture PLO 2 CLO 2 Comprehension
creativity, values
04 Exercise: SWOT analysis Assignment 1
Lecture PLO 2 CLO 2 Comprehension
Quiz 1

157
05 Listening skills + effective speaking + presentation
skills, interviews+ body language Lecture PLO 1 CLO 1 Comprehension

06 Conflict resolution + overcoming communication barriers

Lecture Assignment 2 PLO 2 CLO 3 Comprehension
07 Interpersonal relationships + types, uses, factors Lecture PLO 1 CLO 1 Knowledge
08 Accommodating different styles in relationship and
Lecture PLO 2 CLO 2 Comprehension
their consequences
09 Team building, comfort zones, assertiveness, high-
Lecture PLO 2 CLO 3 Comprehension
performance teams
10 Exercise: Comfort zones/ Assertiveness steps + Self
Lecture PLO 2 CLO 2 Comprehension
questionnaire on Verbal Skills
11 Time management – priorities, time-audit,
Lecture PLO 1 CLO 1 Comprehension
interruptions, planning
13 Exercise: The Adair urgency/importance matrix. Lecture PLO 2 CLO 3 Knowledge
14 Stress: definition, its signs + tackling the problem Lecture Quiz 2 PLO 1 CLO 1 Knowledge
15 Exercise: Five-point test –‘how topped up are your
Lecture PLO 1 CLO 3 Comprehension
batteries?’
16 Thinking skills – types, examples
Lecture PLO CLO 1 Comprehension

17 Categories of thinking – critical thinking, creative

Lecture PLO 1 CLO 2 Comprehension
thinking.
18 Emotional intelligence – defining EQ/EI + Goleman’s model
Lecture PLO 1 CLO 1 Knowledge
158
19 Exercise: The EQ self-assessment questionnaire Lecture PLO 1 CLO 5 Creation
20 Positive psychology – introduction + positive
organization behavior theory (POB) vs negativity at the
workplace + the H-R-W Model (self-development) Lecture PLO 1 CLO 1 Knowledge

21 Introduction to self-efficacy, hope, optimism, resilience.

Exercise: ‘Half empty or half-full’ (short case, pg. 215 of Lecture Assignment 3 PLO 2 CLO 2 Comprehension
Luthans’ book: OB)

22 Workplace etiquettes + work behavior(email etiquettes

etc) Examples & Exercise Lecture PLO 2 CLO 2 Comprehension

23 Personal etiquettes (table manners, dress etiquettes,

social networking surrounding impact etc) Lecture PLO 2 CLO 3 Creation

24 How to Represent organization (as a NUML

ambassadors) Lecture PLO 2 CLO 2 Knowledge

25 How to attend any official event( Seminar,

Lecture Presentation PLO 2 CLO 5 Creation
Workshops, conferences etc)
26 Revision/ case/ discussion/ exercise Discussion PLO 1 CLO 5 Creation

159
Course Title: Corporate Finance
Course Code: FIN-451
Credit Hours: 3+0
Course Instructor:

You can contact your module instructor in the following ways:

Email:

Meeting: By appointment via e-mail

Prerequisites This is a core course designed for BS students. Introduction to Business Finance (ITBF) and Financial Management (FM) are prerequisites for this course.

Textbook / Reference Books:

● Corporate Finance Theory By William L Megginsons(Latest edition)

● Fundamentals of Corporate Finance By Ross Westter field and Jordon (12th Edition)
● Theory and problems of Financial Management By M Y Khan & P K Jain (6th Edition)
● Financial Management & Policy By James C Van Horne (12th Edition)

Course Description:

This course analyzes the major decisions including financing, investment and dividend policy decisions facing corporate managers. It starts with the realization of the
unrealistic assumptions of traditional finance and discusses the techniques for challenging the traded prices for being efficient and investors decisions for being
160
rational The major topics include capital structure theories, leverage and its implication in decision making, lease financing, mergers, acquisitions and takeovers, and
dividend policy decisions including different dividend policy theories.The course includes the evaluation of complicated corporate investment decisions like mergers
and acquisitions and international project evaluation as well as the financing decisions like raising capital by publicly traded companies and the privately run
businesses. The course will also provide awareness of the corporate finance deals taking place in Pakistans market. Overall, the course is designed to provide the
undergraduate students with a deeper understanding of the financial implications of various decisions made in a business. There will be emphasis on both developing
the tools and mindset of the financial practitioner as well as examining specific applications.

Course Learning Objectives:

This course aims to provide students with understanding about:

CLO 16. Understand what “maximizing shareholder value” actually means, comprehend the alternative leading methods for measuring company’s performance

CLO 17. Understand the concept of cost of capital and its application in business environment.
CLO 18. Critically evaluate the models, behaviors, and practices of capital structure in financing decisions relating to companies in a multinational environment.
CLO 19. Explain the biases involved in investment decision making and understand how to make the most appropriate decisions in the presence of these biases.
CLO 20. Understand and evaluate the important business transactions like mergers, going public and leasing.
CLO 21. Explain and evaluate Dividend policy theory and decisions.

Teaching Methodology

There will be lectures, discussions, and presentations as part of the scheduled class activities. It is advised that all students participate in these activities; failing to do so will hurt
their learning and GPAs. According to the course objectives, lectures will feature learning objectives for weekly topics (as mentioned in the weekly schedule), including essential
ideas and real-world examples. Lectures are not a substitute for required readings, even though they will cover the same material. The information covered in the prescribed readings
161
will be specifically expanded upon and, if necessary, updated throughout the lectures. In addition to lectures, the following learning activities will continue to be the main focus of
the students' attention.

Assessment Instruments with Weights

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
Class Participation 5
Présentations 5
Total 20
GRAND TOTAL 100

Course Contents

Learning Assessment Thinking

Lecture Scheduled Topic PLO7 CLO
Activity Activity Level

.
162
01 ■ Introduction to Corporate Finance:
▪ Objectives, corporate finance & the financial manager, financial statements and
financial corporate decisions.Scope/difference between accounting, finance,
financial management and corporate finance. Lecture PLO 1 CLO 1 Knowledge
▪ Profit maximization and wealth maximization
▪ How to measure the performance of any company.

02 ■ The Cost of Capital verses required rate of return

▪ Cost of debt & Preferred share capital with practice questions. Lecture PLO 1 CLO 2 Comprehension

03 ■ The Cost of Capital Contd….

▪ Cost of Common stock by using discount model/Gordon Model & CAPM Lecture Assgnment 1 PLO 2 CLO 2 Comprehension
▪ Weighted average cost of capital & Required rate of return
04 FINANCING DECISION
■ Theory of Capital Structure
Lecture PLO 2 CLO 3 Knowledge
▪ Introduction to the theory, Assumptions, definitions and symbols.

05 ■ Theory of capital structure. Contd..

▪ Net Income approach to capital structure.
▪ Net Operating Income approach. Lecture PLO 2 CLO 3 Comprehension
▪ Assumptions and requirements of both approaches.
▪ Comparison of both methods.
06 ■ Theory of capital structure. Contd..
▪ Modigliani Miller approach to capital structure. Assumptions and theories. Lecture PLO 2 CLO 3 Comprehension

07 ■ Theory of capital structure. Contd.. Lecture Quiz 1 PLO 2 CLO 3 Comprehension

163
 ▪ Arbitrage vs Reverse Arbitrage principles. Practical questions and numericals.

08 ■ Theory of capital structure. Contd..

Lecture PLO 2 CLO 3 Comprehension
▪ Traditional Approach to capital structure theory.
09 ■ Comprehensive practice questions related to Capital structure Assignment
Lecture PLO 2 CLO 3 Application
2
10 ■ Designing capital structure
▪ How to incorporate different alternatives in decision making. Lecture PLO 2 CLO 3 Comprehension
▪ EBIT-EPS Analysis and calculations
11 ■ Designing capital structure: contd….
▪ Graphical analysis of EBIT-EPS point.
▪ How to calculate indifference point. Lecture PLO 4 CLO 3 Comprehension
▪ Decision making and role of managers in decision making.

12 ■ Designing capital structure: contd….

▪ EBIT-EPS indifference point and decision making. Lecture Quiz 2 PLO 2 CLO 3 Comprehension

13 ■ Comprehensive numericals relating to Indifference Point (EBIT-EPS)

Lecture PLO 4 CLO 3 Application

14 ■ Other capital Structure theories

▪ The Pecking-order hypothesis of corporate Capital Structure.
▪ Signalling and other asymmetric information model of corporate leverage.
PLO 4 CLO 3 Comprehension
▪ Agency cost and capital structure.

INVESTING DECISIONS Lecture PLO 4 CLO 4 Knowledge

164
15 ■ Lease financing:
▪ Features of lease, finance lease and operating lease, sale and lease back, single
investor vs leveraged lease, accounting and tax treatment of lease.
16 ■ Lease financing :contd…
▪ Comparison of Leasing vs debt financing. Lecture PLO 4 CLO 4 Comprehension
▪ Lease payments made at the end of time period and payments made in arrear.
17 ■ Lease financing: contd..
▪ Lease buy or borrower decisions. Lecture PLO 4 CLO 4 Comprehension
▪ Questions and problems relating to leasing.
18 ■ Mergers. Amalgamations and acquisitions/takeovers
▪ Definition, classification of acquisitions. Lecture PLO 2 CLO 5 Comprehension
▪ Reasons for mergers and acquisitions.
19 ■ Mergers. Amalgamations and acquisitions/takeovers:contd..
▪ Financial Framework: Evaluating a potential merger, Lecture PLO 4 CLO 5 Comprehension
▪ Determining Firm’s Value (Book Value, Appraisal Value, and Market Value).
20 ■ Mergers. Amalgamations and acquisitions/takeovers:contd..
▪ Earnings impact and market value impact. Assignment
Lecture PLO 2 CLO 5 Comprehension
▪ Bootstrapping EPS, 3
▪ Mergers as Capital Budgeting
21 ■ Mergers. Amalgamations and acquisitions/takeovers:contd..
▪ Net Present Value Approach, Lecture PLO 2 CLO 5 Comprehension
▪ Acquisitions and Valuation matters (Accounting for mergers).

22 ■ Mergers. Amalgamations and acquisitions/takeovers: contd..

▪ Purchase vs Pooling of Interest method. Lecture PLO 2 CLO 5 Comprehension
▪ Tax Aspects of mergers.
165
 ▪ Divestitures, spin offs, sell offs, LBO’s.
23 ■ Mergers. Amalgamations and acquisitions/takeovers: contd..
▪ Mergers as a capital budgeting decisions. Lecture Quiz 3 PLO 4 CLO 5 Comprehension
▪ Steps for preparing a combined balance sheet.

24 ■ Questions and problems related to Mergers, Amalgamations and

acquisitions/takeovers. Lecture PLO 2 CLO 5 Application

25 ■ DIVIDEND POLICY DECISIONS

Lecture PLO 2 CLO 6 Knowledge
▪ Concept of dividend, stock dividend, dividend splits.etc..
26 ■ Dividends and valuations:
Lecture PLO 2 CLO 6 Comprehension
Introduction, Passive vs Active dividend policy, dividend policy theories.
27 ■ Dividend and valuations: contd…
▪ Factors influencing dividend policy, stock dividends and stock splits, stock Assignment
repurchase. Lecture PLO 4 CLO 6 Comprehension
4
End of chapter numerical.

28 ■ Determinants of dividend policy:

▪ Dividends payout ratio, stability of dividend, owner’s contribution, bonus shares
and stock splits. Lecture Quiz 4 PLO1 CLO 6 Comprehension
▪ Practice questions

Note: The course is planned for 30 students. In case of less or more than 30 students course plan will be changed by the instructor.

166
Course Title: Entrepreneurship
Code:
Credit Hours: 3+0
Course Instructor: Ms. Javeria Shabbir
[email protected]

Room 29, 1st Floor, Ibn e Khuldoon Block

Course Description:

• This course provides the students with an introduction to the concepts and capabilities necessary to successfully commercialize new

ideas.
• Entrepreneurship is about more than coming up with an idea or starting a business. It is also about identifying and validating good

opportunities and then creating, communicating, and capturing value from those opportunities over time. This includes new firms as
well as firms in corporate and non-profit settings.
• This course will emphasize new venture formation.

Objectives:

• To understand and handle your own business. This course will equip the students with appropriate subject knowledge and practical
skills for managing business investments and fundraising for start-ups.

• A thorough emphasis on writing the winning business plan and transforming the idea into a venture
• Initiate a start-up – to provide a sound platform for a successful business which will contribute and boost economic activity in Pakistan.
167
 • The course aims to motivate and guide students to become successful entrepreneurs in offline and online business models.
Course Learning Outcomes:

By the end of this course, students are expected to:

• Recognize the nature of entrepreneurship and entrepreneurial processes

• Generate business ideas and Evaluate business opportunities

• Learn how to identify and solve major entrepreneurial issues (Feasibility of new venture)

• Gain first-hand experience of starting a new venture via developing a business plan.

Textbooks (or Course Materials) with latest Edition:

• Entrepreneurship: Successfully Launching New Ventures, 6th Edition.Bruce R. Barringer, Oklahoma State University R. Duane Ireland, Texas A&M
University ©2019 |Pearson

• Entrepreneurship, 10th Edition, Robert D. Hisrich, Michael P. Peters, Dean A. Shepherd, McGraw Hill, 2017

Reference Books:

• Innovation and Entrepreneurship by Peter F. Drucker Harper Collins publishers UK

• Pattern of Entrepreneurship, Jack M. Kaplan
• Naqi, Dr. S. M, Entrepreneurship A Recipe for Economic Development: Lahore, Naqi Hyder & Associates
• Kuratko Donald F and Hodgetts (2001) Richard M, Entrepreneurship- A

168
ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Introduction Assignment 1
■ Introduction to Entrepreneurship (Surah e
■ Nature and Importance of Lecture and CLO
Quraish) PLO 1 Knowledge
Entrepreneurship Discussion 1
■ Myths, Process of entrepreneurship Presentation by
2 students
169
 (Success Story)
02 Religious Perspectives in
entrepreneurship Presentation by
Lecture and CLO
■ Tafseer of Surah e Quraish 2 students PLO 6 Comprehension
Discussion 1
■ Holy Prophet Hazrat Muhammad s.a.w.w (Success Story)
as a model entrepreneur)
03 Ideas and Opportunities Assignment 2
■ Recognizing Opportunities and Generating Ideas Diary –
Ideas
Write 10 Ideas
■ Finding gaps Lecture and CLO
■ Sources and Methods of Generating IdeasDiscussion everyday PLO 3 Comprehension
2
Presentation by
2 students
(Success Story)
04 Ideas and Opportunities Presentation by
CLO
■ Brainstorming for Ideas Brainstorming 2 students PLO 4 Application
2
(Success Story)
05 Case Study Discussion Case - 1 Presentation by
Local or International
Case Study CLO
■ 2 students PLO 5 Analysis
Discussion 3
(Success Story)
06 Ideas and Opportunities Presentation by
CLO
■ Brainstorming for Ideas Brainstorming 2 students PLO 4 Application
2
(Success Story)
07 Feasibility Analysis Lecture and Presentation by CLO
PLO 4 Comprehension
Discussion 2 students 2
170
 ■ First - Screen Analysis – The Feasibility (Success Story)
Analysis Tool Quiz 1
08 Case Study Discussion Case - 2 Presentation by
■ Local or International 2 students
Case Study (Success Story) CLO
PLO 5 Analysis
Discussion Assignment 3 3
Interview the
entrepreneurs
09 Feasibility Analysis Presentation by
Application of First Screen Analysis on
Presentations CLO
■ 2 students PLO 4 Application
the students’ idea and Discussion 4
(Success Story)
10 Case Study Discussion Case 3 Presentation by
Local or International
Case Study CLO
■ 2 students PLO 5 Analysis
Discussion 3
(Success Story)
11 Business Model Presentation by
■ Developing an Effective Business Model
Lecture and CLO
2 students PLO 4 Comprehension
Discussion 3
(Success Story)
12 Business Plan
■ What is Business Plan Presentation by
■ Why Business Plan Lecture and 2 students CLO
PLO 4 Comprehension
■ Contents of an effective business plan Discussion (Success Story) 4
■ How to write a business plan Quiz 2

171
13 Business Plan Presentation by
■ Financial Plan Lecture and CLO
2 students PLO 4 Comprehension
■ Marketing Plan Discussion 4
(Success Story)
■ Operational Plan
14 Case Study Discussion Case 4 Presentation
■ Local or International by 2
Case Study CLO
students PLO 5 Analysis
Discussion 3
(Success
Story)
15 Funding and Financing for the Venture
■ Personal Sources
■ Love Money Presentation by
■ Bootstrapping Lecture and CLO
2 students PLO 1 Knowledge
■ Debt Financing Discussion 1
(Success Story)
■ Venture Capital
■ Government Funding
■ NGOs Funding
16 Financial Viability of the Venture Presentation
■ Proforma Statements by 2
■ Break even analysis Lecture and students CLO
■ Sources and Uses of funds PLO 4 Comprehension
Discussion (Success 4
■ Ratio Analysis
Story)
Quiz 3
17 Case Study Discussion Case 5
Case Study Presentation by PLO 5 CLO Analysis
■ Local or International
172
 Discussion 2 students 3
(Success Story)
18 Intellectual Property
■ Why intellectual property
Presentation
■ Copyrights
■ Patents by 2
Lecture and CLO
■ Trademarks students PLO 1 Knowledge
Discussion 1
■ Geographical Indications (Success
■ Trade Marks Story)
■ IPO Pakistan

19 Case Study Discussion Case 6 Presentation by

Lecture and CLO
■ Local or International 2 students PLO 5 analysis
Discussion 3
(Success Story)
20 Business Registration and Documentation in Presentation
Pakistan by 2
students
■ Business Name Registration
■ NTN registration (Success
Lecture and CLO
■ Registration with SECP Story) PLO 1 Comprehension
Discussion 2
Assignment
No 4 –
Register
your

173
 business,
obtain NTN
21 Case study Discussion Case 7
Presentation by
Case Study CLO
■ Local or International 2 students PLO 5 Analysis
Discussion 3
(Success Story)

22 Franchising Presentation
by 2
■ What is Franchising
Lecture and students CLO
■ Why franchising is important PLO 1 Knowledge
■ Advantages and disadvantages Discussion (Success 1
Story)
Quiz 4
23 Franchising Presentation
by 2
■ Types of Franchising Lecture and CLO
students PLO 1 Knowledge
■ Famous Franchising Arrangements in Discussion 1
Pakistan (Success
Story)
24 Case Study Discussion Case 8 Presentation
by 2
■ Local or International Case Study CLO
students PLO 5 Analysis
Discussion 3
(Success
Story)

174
25 Role of SMEDA in SME development in Presentation
Pakistan by 2
Lecture and CLO
students PLO 2 Comprehension
Discussion 3
(Success
Story)
26 Case Study Discussion Case 9 Presentation
■ Local or International by 2
Case Study CLO
students PLO 5 Analysis
Discussion 3
(Success
Story)
27 Role of Incubation Centers Lecture and Visit NUML
PLO 6 CLO Comprehension
Discussion/Visit BICON
28 Meet the Entrepreneurs CLO
Seminar PLO 6 Comprehension
4
29 Meet The Entrepreneurs CLO
Seminar PLO 6 Comprehension
4
30 Final Business Plan CLO
Presentations PLO 5 Synthesis
4
31 Final Business Plan CLO
Presentations PLO 5 Synthesis
4
32 Final Business Plan CLO
Presentations PLO 5 Synthesis
4
175
Course Title: International Relation & Current Affairs
Code:
Credit Hours: 3+0
Course Instructor:
Prerequisites:

Course Description:

The current debate is centered on International Relations and current affairs, its role in shaping the policies of a nation and at a larger level in affecting the trajectory
of international politics. These days with the opinion split along the notions of traditional and nontraditional International Relations and current affairs as to which is
more relevant to contemporary circumstances and which is more critical to design national policy and international environment.
• Evaluate the concept of International Relations and its role in the world politics.
• Analyze the international Relations beyond traditional politics.
• Evaluate the contemporary International Relations issues and their impact on global politics

Course Objectives:

✓ To inculcate reasoning among students to explore the realism of modern day IR in a global perspective
✓ To make the students compatible with the realm of survival in a globalized international structure
✓ Better conceptual and theoretical understanding of contemporary International Relations
✓ Familiarization with the Patterns of states interaction and interdependence in modern IR
✓ Clarity of mind and ideas to further explore the logics of the issues happening around the world

Course Learning Outcomes:

176
 On successful completion of this course, students will be able to:
• Better conceptual and theoretical understanding of contemporary International Relations
• Familiarization with the Patterns of states interaction and interdependence in modern IR
• Clarity of mind and ideas to further explore the logics of the issues happening around the world

Textbooks (or Course Materials) :

• Jackson, Robert & Sorenson Georg, Introduction to International Relations (6th Edition), UK: Oxford University Press. 2016.
• Goldstein, Joshua S., Jon C. Pevehouse, International Relation (8th Edition). India: Pearson. 2011.

Reference Material:

a. Baylis, John & Steve Smith (eds.), The Globalization of World Politics, (Oxford University Press, 2001).
b. Schottle, Jan Aart, Globalization: A critical Introduction, Palgrave, MacMillan: 2000
c. Hobert , Hindi., Josph Rotblat. War No More: Eliminating Conflict in the Nuclear Age, (London: Pluto Press, 2003)
d. Brown, Chris. Understanding International Relations (2 edition). New York: Palgrave. 2001.
nd

e. Fukuyama, Francis. The End of History and the Last Man, London: Penguin, 1992.
f. Huntington, S. P. The Clash of Civilizations: Remaking of the World Order. New York: 1993.
g. Ali, Tariq. The Clash of Fundamentalism: Crusades, Jihads and Modernity. New York: Verso. 2002.
h. Lloyd Armstrong & Redmond, “The New Regionalism”, International Organizations in World Politics, 3r ed. (ch. 12)
i. Oatley, T. International Political Economy: Interests and Institutions in the Global Economy. North Carolina: Pearson Education, USA. 2009.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

177
 SNR ITEMS MARKS
1 MidTerm Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Présentations
Case Discussion
Lab Work/Practical Project
AnyOther
Total 20
GRAND TOTAL 100
COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
Week
Introduction to
1 Lecture 1 1, 2 Knowledge
International Relations
1 Contemporary Global
2 Case 2,3,6 3,4 Application
Politics
3 Theoretical discourse of IR Lecture Quiz 1 1, 2 Knowledge
2 4 Theoretical discourse of IR Case 2,3,6 3,4 Application
Positivist Approaches
5 Lecture Quiz 1 1, 2 Knowledge

3 6 Realism Case 2,3,6 3,4 Application

178
 Liberalism
Marxism
7 Lecture 1 1, 2 Knowledge
Quiz
4 8 Feminism Case Assignment 2,3,6 3,4 Application
Contemporary Theoretical
Debates and their
9 Lecture Quiz 1 1, 2 Knowledge
Implications on World
5 Politics
New World Order
10 End of History Case 2,3,6 3,4 Application
The Clash of Civilization
The Complex
11 Interdependence Lecture Quiz 1 1, 2 Knowledge

6
The Coming Anarchy
12 Case 2,3,6 3,4 Application
Challenges of Pluralism
Dynamics of International
13 Security Lecture 1 1, 2 Knowledge

Power Transition Theory

7 The Super Power’s Rivalry:
14 Case 2,3,6 3,4 Application
Rise of China Threat or
Opportunity?
MIDTERM EXAMS
15 Presentations Presentations 1 1, 2 Knowledge
8 16 Presentations Presentations 2,3,6 3,4 Application
17 Presentations Presentations 1 1, 2 Knowledge

179
9 18 Presentations Presentations 2,3,6 3,4 Application
The Globalization debate
(Political, Cultural,
19 Lecture 1 1, 2 Knowledge
Ideological & Social
aspects of Globalization)
10 The Globalization debate
(Political, Cultural,
20 Case 2,3,6 3,4 Application
Ideological & Social
aspects of Globalization)
The issue of Nuclear Non-
21 Proliferation: Iran’s Nuclear Lecture 1 1, 2 Knowledge
Program
11 The issue of Nuclear Non-
22 Proliferation: Iran’s Nuclear Case 2,3,6 3,4 Application
Program
Non Traditional security:
23 Water Crisis, Energy Crisis Lecture 1 1, 2 Knowledge
and Environmental Issues
12 Non Traditional security:
24 Water Crisis, Energy Crisis Case 2,3,6 3,4 Application
and Environmental Issues
Non Traditional security: Comprehension
25 Water Crisis, Energy Crisis Case 2,3,5,6 4,5
Creativity
and Environmental Issues
13 The Clash of Civilizations: Comprehension
26 The West Vs Islam, the 2,3,5,6 4,5
Creativity
issue of Fundamentalism
180
 The politics of North-
South: Capitalism &
27 Knowledge
Democracy in the
Developing World
Post 9/11 Era: the Bush
Doctrine & the issue of
Terrorism: Its implications
14
on the world politics
28 Knowledge
US Drawdown from
Afghanistan and Its
Implications, The role of
International Actors

ENDTERM EXAMS

181
 Semester - V

CODE COURSE CREDITS

Business Research Methodology 3

Managerial Accounting 3

Corporate Law 3

Management Information System 3

Financial Reporting Analysis 3

182
Course Title: Business Research Methodology
Course Code:
Credit Hours: 3+0

Course Instructor: Ms. Fatima Shamim

Mode of Contact:

You can contact your course instructor in the following ways:

Email: [email protected]

Meeting: By appointment via email

PREREQUISITES: Students should know the basic research concept, especially in business.

Textbook:
Research Methods for Business, by Uma Sekeran 7th Edition

Reference Material:

▪ Saunders M, Lewis P & Thornhill A, 8th Edition, Research Methods for Business Students. Financial Times-Prentice Hall
▪ Bryman A, Research Methods & Organisation Studies, Unwin-Hyman Gill J & Johnson P, Research Methods for Managers,Paul Chapman Publishing

Course Description: Building on Principles of Research Design, this course aims to extend and deepen the understanding of different research approaches and
methodologies to prepare students for research projects in their business discipline. After studying this course, s tudents will receive an overview of the scientific research
methods, research preparation, and communication styles used to disseminate research at the Undergraduate level. This course will assist students in identifying, discussing, and
183
 formulating a research problem, selecting and applying appropriate research approaches and methods of inquiry (both quantitative and qualitative), and
presenting their results. Successful completion of this course should be sufficient for students to undertake a research project.

Course Objectives: The course objectives are:

➢ To acquire skills for Identifying problem areas in organizational settings

➢ To plan, organize, design, and conduct research to help solve the specific problems .
➢ To understand how research contributes to business decisions and practices.
➢ To critically think about business research problems and various methods of approaching the issues.
➢ To develop skills and knowledge to discriminate "good" from "bad" research reported in academic, business, and trade journals.
➢ To critically evaluate the methods of research articles
➢ To write, present and publish research reports and articles

Course Learning Outcomes: Upon completion of this course, students will be able to:

1. CLO1. Understand and recognize the importance of research in the field (PLO 1).
2. CLO2. Identify practical problems of the real businesses and theoretical issues from the existing literature by following the standard process of business
research (PLO 4).
3. CLO3. Build a theoretical framework and hypotheses to test the established relationships (PLO 3).
4. CLO4. Choose an appropriate sampling technique, research strategies, and scales for data collection (PLO 7).
5. CLO5. Apply relevant tests, interpret and present data, and discuss the findings in a parsimonious way to provide a solution to the business problems
(PLO 6).

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNO ITEMS MARKS
1 Mid Term Exam 30
184
 2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Présentations
Case Discussion
Research Paper
Any Other
Total 20
GRAND TOTAL 100

COURSE CONTENTS:
Lecture Scheduled Topic Learning Assessment PLO CLO Thinking
Activity Activity Level
01 Introduction to Research Lecture PLO 1 CLO 1 Knowledge
What is Research?
■ Business Research Defined.
■ Types of Business Research.
■ Managers and research
■ The Manager and the consultant researcher.
■ The Manager-Researcher Relationship

185
02 Introduction to Research Lecture PLO 1 CLO 1 Comprehension
■ Internal Versus External consultants/Researchers
■ Research and Managerial Effectiveness
■ Ethics and Business Research

03 The scientific investigation Lecture PLO 1 CLO 1 Knowledge

■ The Hall Marks of scientific research

04 Types of reasoning Lecture and Class PLO 2 CLO 4, 6 Analyze

■ Practical and Theoretical utility of research Discussion

05 Hypothetico-deductive Method Lecture PLO 1 CLO 1 Knowledge

■ The seven-step process in The Hypothetico-
deductive Method
06 Identification of Broad Problem Area Lecture PLO 7 CLO 4 Knowledge
Problem Statement
■ Problem statement defined
■ What makes a good problem statement
07 The research proposal Lecture Assignment 1 PLO 4 CLO 2 Knowledge
08 The Critical Literature Review Lecture Quiz 1 PLO 1 CLO 1, 2 Comprehension
■ conducting a critical literature review
■ How to approach the literature Review

09 Source of literature Lecture PLO 1 CLO 1 Comprehension

■ Evaluating and Documenting the literature
186
 review

10 Theoretical Framework Lecture and Class Assignment 2 PLO 1 CLO 3 Application

■ Defining theoretical framework Discussion
Type of Variables
■ Definition and types of variables
■ Dependent variable, Independent variable,
Moderating variable, and Mediating variable
11 Hypotheses Development Lecture and Class Quiz 2 PLO 1 CLO 3 Application
Discussion
12 Research Design Lecture PLO 1 CLO 2, 4 Knowledge
■ Purpose of the Study
■ Types of Study
■ Researcher interference
■ Study setting
■ Unit of analysis
■ Time horizon
13 Research Strategies Lecture PLO 1 CLO 4 Knowledge

14 Data Collection Methods Lecture Assignment 3 PLO 7 CLO 4 Knowledge

■ Primary and secondary sources of data
□ Interviewing
□ Training interviewers
15 Data Collection Methods (Cont.) Lecture PLO 7 CLO 4 Knowledge
187
 ■ The questioning technique
■ Face-to-face interviews
■ Telephone Interviews
■ Computer-assisted interviewing
16 Data Collection Methods: Questionnaires Lecture Quiz 3 PLO 7 CLO 4 Knowledge
■ Types of Questionnaire
■ Personality administered Questionnaire
■ Mail and electronic Questionnaire
17 Contents of Questionnaires Lecture PLO 1 CLO 4 Comprehension
■ Principles of wording
■ Content and purpose of questions
■ Language and wording of questions
■ Types and forms of questions
■ Principles of measurement
18 Measurement: Scaling, Reliability, Validity Lecture PLO 1 CLO 4 Knowledge
■ Types of scales
■ Review of Scales
19 Ranking Scales Case Discussion PLO 1 CLO 4 Knowledge
■ Goodness of measures
■ Reliability
20 Population and Sampling Lecture PLO 1 CLO 4 Knowledge
21 Types of Probability Sampling Lecture Assignment 4 PLO 1 CLO 4 Knowledge

22 Parameters and reasons of sampling and Data entry in Lecture and Hands- Quiz 4 PLO 1 CLO 5 Analyze
SPSS on practice

188
 ■ Quantitative Data Analysis
23 Quantitative Data Analysis Lecture and Hands- PLO 1 CLO 5 Analyze
on practice
24 Relationship between two nominal variable Lecture and Hands- PLO 1 CLO 5 Analyze
■ Reliability on practice
■ Validity

25 Correlation and Regression Lecture and Hands- PLO 1 CLO 5 Analyze

on practice
26 Regression analysis and testing moderation and Lecture and Hands- Research paper PLO 1 CLO 5 Analyze
mediation in SPSS on practice submission
27 Research Paper presentation and discussion Lecture PLO 5 CLO 5 Create
28 Research Paper presentation and discussion Case Discussion PLO 5 CLO 5 Create

189
Course Title: Managerial Accounting
Course Code:
Credit Hours: 3+0
Course Instructor:
Mode of Contact"
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

PREREQUISITES: As a accounting course, you must have an understanding of Cost Accounting, Fundamentals of Accounting & Financial Accounting.

Textbook:
• Cost Accounting by Matz ,Usry Latest Edition Text book.
• Management Accounting by Kaplan Publishers, Latest Edition
• Performance Management by Kaplan Publishers, Latest Edition

REFERENCE BOOKS:

• Managerial Accounting By Garrison Noreen

• Cost Accounting A managerial Emphasis by Charles T. Horngren
• Management and Cost accounting By Colin Drury

Course Description:
190
Management accounting is related to use of accounting information for decision making. It mainly focused on timely information which enable organizations to estimate future
costs years in advance. The information generated through management accounting is used by the internal management of the organization.

Course Objectives:

• Recognize the importance of management accounting in an organization and how it can be used within the context of the other functions of the company.
• Understand how cost consciousness is increased among operating units through the identification of cost and responsibility centers and the use of performance standards.
• Conduct cost analyses which facilitate the linkages among management control, program budgeting, and performance auditing.
• Emphasis on cost estimation for planning or control purposes, rather than on financial reporting.
• Costs are monitored to determine if they are reasonable for the activities performed.

Course Learning Outcomes:

• Identify and discuss the accounting information related to managerial decision-making.

• Explain, understand and apply advance costing and managerial accounting techniques
• Identify and apply appropriate budgeting techniques and methods for planning and control
• Compare actual costs with standard costs and analyze any variances
• Explain and apply performance measurements and monitor business performance

Course Learning Outcomes:

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
191
 Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO8 CLO
Activity Activity Level
01 • Recap of Cost Accounting Course :
The nature and purpose of cost and management
accounting
Lecture PLO 5 CLO 1 Knowledge
• Sources of data
• Presenting information
• Types of cost and cost behavior

192
 • Accounting For Inventory and labor
02 • Recap of Cost Accounting Course :
• Accounting for Overheads
• Basic Budgeting Techniques
Lecture PLO 5 CLO 1 Knowledge
• Basic Cost accounting statements
• Traditional Vs. Marginal Costing
• Under and over Absorption
03 • Traditional and advanced costing methods:
• Explain what is meant by the term cost driver and
identify appropriate cost drivers under activity Lecture PLO 5 CLO 2 Knowledge
based costing (ABC)
• Calculate costs per driver and per unit using (ABC)
04 • Traditional and advanced costing methods:
• Compare ABC and traditional methods of overhead
absorption based on production units, labour hours or
machine hours

• Explain what is meant by the term ‘target cost’

Lecture PLO 4 CLO 2 Comprehension
• Derive a target cost in both manufacturing and service
industries
• Explain the difficulties of using target costing in service
industries
• describe the target cost gap
• Suggest how a target cost gap might be closed
05 • Traditional and advanced costing methods:
• Explain what is meant by the term ‘lifecycle costing’ in
Lecture PLO 5 CLO 2 Knowledge
a manufacturing Industry
• Identify the costs involved at different stages of the

193
 lifecycle
• Explain throughput accounting and the throughput
accounting ratio (TPAR), and calculate and interpret, a
TPAR
06 • Traditional and advanced costing methods:
• Suggest how a TPAR could be improved Assignment 1
Lecture PLO 5 CLO 2 Comprehension
• Apply throughput accounting to a given multiproduct Quiz 1
decision making problem.
07 • Traditional and advanced costing methods:
• Discuss the issues a business faces in the
management of environmental costs
• Describe the different methods a business may use
to account for its enviro costs. Calculate and
interpret the optimal order quantities
Lecture PLO 5 CLO 2 Comprehension
• Calculate and interpret the optimal order
quantities when quantity discounts are
available
• Produce calculations to minimize inventory costs when
inventory is
• gradually replenished
08 • Cost volume profit analysis:
• Explain the nature of CVP analysis
• Calculate and interpret breakeven point and margin of
safety Lecture PLO 4 CLO 2 Comprehension
• Calculate the contribution to sales ratio, in single and
product situations, and demonstrate an
understanding of its use

194
 • Calculate target profit or revenue in single product
situations, and demonstrate an understanding of its use
09 • Cost volume profit analysis:
• Prepare break even charts and profit volume
charts and interpret the information contained
Lecture PLO 4 CLO 2 Comprehension
under single product situations
• Discuss the limitations of CVP analysis for planning and
decision making for single product
10 • Cost volume profit analysis:
• Calculate the contribution to sales ratio, in
multiproduct situations, and demonstrate an
understanding of its use Lecture PLO 4 CLO 2 Comprehension
• Calculate target profit or revenue in multiproduct
situations, and demonstrate an understanding of its
use
11 • Cost volume profit analysis:
• Prepare break even charts and profit volume
charts and interpret the information contained for
Lecture PLO 4 CLO 2 Comprehension
multiproduct situations
• Discuss the limitations of CVP analysis for planning and
decision making under multiproduct situations
12 • Capital budgeting :
• Discuss the importance of capital investment planning Assignment 2
and control Lecture PLO 5 CLO 3 Comprehension
Quiz 2
• Define and distinguish between capital and revenue
expenditure

195
 • Outline the issues to consider and the steps involved
in the preparation of a capital expenditure budget
• Explain and illustrate the difference between simple
and compound interest, and between nominal and
effective interest rates
• Explain and illustrate compounding and discounting
• Explain the distinction between cash flow and profit
and the relevance of cash flow to capital investment
appraisal
13 • Capital budgeting :
• Identify and evaluate relevant cash flows for
individual investment decisions
• Explain and illustrate the net present value
Lecture PLO 4 CLO 3 Knowledge
(NPV) and internal rate of return (IRR) methods
of discounted cash flow
• Calculate present value using annuity and
perpetuity formulae
14 • Calculate NPV, IRR and payback (discounted and non
discounted)
Lecture PLO 4 CLO 3 Knowledge
• Interpret the results of NPV, IRR and payback
calculations of investment viability
15 • Planning with limiting factors: (P. 91)
• Select an appropriate technique, where there is one
limiting factor/key factor, to achieve desired
Lecture PLO 4 CLO 3 Knowledge
organizational goals.

• Determine the optimal production plan where an

196
 organization is restricted by a single limiting factor,
including within the context of 'make' or 'buy'
decisions.

• Select an appropriate technique, where there are

several limiting factors/key factors, to achieve
desired organizational goals.
16 • Planning with limiting factors:
• Formulate a linear programming problem involving
two products.
• Determine the optimal solution to a linear
programming problem using a graphical approach.

• Use simultaneous equations to determine where Lecture PLO 4 CLO 3 Comprehension

the two lines cross to solve a multiple scarce
resource problem.

• Explain shadow prices (dual prices) and discuss their

implications on decision making and performance
management in multiple limited resource situations.
17 • Planning with limiting factors:
• Calculate shadow prices (dual prices) and
discuss their specific implications on decision
making and performance management. Lecture PLO 5 CLO 2 Comprehension

• Explain the implications of the existence of slack, in

multiple limited resource situations, for decision
197
 making and performance management.

• Calculate slack and explain the specific implications of

the existence of the slack for decision making and
performance management
18 • Pricing:
• Explain the factors that influence the pricing of a
product or service, e.g. costs, demand and
competition

• Define and explain the price elasticity of demand

Case Discussion PLO 4 CLO 4 Comprehension
• From supplied data, derive and manipulate a
straight-line demand equation

• From supplied data, derive an equation for the total cost

function excluding or including volume-based discounts (Page
129)
19 • Pricing:
• Using data supplied or equations derived, advise
on whether or not to increase production and sales
levels considering incremental costs, incremental
revenues and other factors (Page 131)
Lecture PLO 4 CLO 4 Comprehension

• Explain, using a simple example, all forms of cost plus

pricing strategy (Page 132)
• Calculate, for given data, a price using a cost plus
strategy

198
 • Explain different pricing strategies (Pages 134-138)
Homework
20 • Pricing:
• Identify suitable pricing strategies for given situations
from skimming, penetration, complementary product,
product line, volume discounting
• Explain, using a simple example, a price discrimination Lecture PLO 5 CLO 4 Comprehension
pricing strategy
• Explain, using a simple example, a relevant cost pricing
strategy Calculate, for given data, a price using a
relevant cost strategy.
21 • Budgeting:
• Explain why organizations use budgeting
• Explain how budgetary systems fit within the
performance hierarchy
• Describe the factors which influence behavior at work
• Discuss the issues surrounding setting the difficulty
level for a budget
Lecture PLO 5 CLO 3 Comprehension
• Explain the benefits and difficulties of the
participation of employees in the negotiation of
targets

• Explain and evaluate ‘top down’ and ‘bottom up’

budgetary systems; ‘rolling’, ‘activity based’,
'incremental' and 'zero based' budgetary systems.
22 • Budgeting:
• Explain and evaluate ‘feed forward’ budgetary control Lecture PLO 5 CLO 3 Comprehension
• Select and justify an appropriate

199
 budgetary system for a given organization

• Describe the information used in various

budgetary systems and the sources of the
information needed

• Explain the difficulties of changing a budgetary

system and type of budget used

• Explain how budget systems can deal with uncertainty

in the environment
• Explain the major benefits and dangers in using
spreadsheets in budgeting.
23 • Standard costing:
• Explain the purpose and principles of standard costing
• Explain and illustrate the difference between
standard, marginal and absorption costing
Case Discussion PLO 5 CLO 4 Comprehension
• Establish the standard cost per unit under
marginal costing and absorption costing

• Calculate sales price and volume variances

24 • Standard costing:
• Calculate materials total, price and usage variances
• Calculate labour total, price and efficiency variances
Lecture PLO 5 CLO 4 Comprehension
• Calculate the variable overhead total,
expenditure and efficiency variances

200
 • Calculate fixed overhead total, expenditure and, where
appropriate, volume, capacity and efficiency variances
25 • Standard costing:
• Interpret the variances
• Explain factors to consider before investigating
variances (including the relative significance),
explain possible causes of the variances and
recommend control action (potential action to
eliminate variances)

• Explain the interrelationships between the variances

• Calculate actual figures or standard figures where the
Lecture PLO 5 CLO 4 Knowledge
variances are given
• Reconcile budgeted profit with actual profit under
standard absorption costing

• Reconcile budgeted profit or contribution

with actual profit or contribution under
standard marginal costing.

o Prepare control reports suitable for

presentation to management
26 • Performance measurement techniques:
• Discuss the purpose of mission statements and their
role in performance measurement
Lecture PLO 5 CLO 5 Knowledge

• Discuss the purpose of strategic and operational

and tactical objectives and their role in performance

201
 measurement

• Discuss the impact of economic and market

conditions on performance measurement

• Discuss the impact of government

regulation on performance management

• Discuss the relationship between short term and long

term performance

• Discuss and establish critical success factors and key

performance indicators and their link to objectives and
mission statements
27 • Performance measurement techniques
• Establish critical success factors and key performance
indicators in a specific situation

• Discuss and calculate measures of financial

performance (profitability, liquidity, activity and
gearing) and nonfinancial measures
Case Discussion PLO 5 CLO 5 Knowledge

• Discuss the importance of nonfinancial performance

measure
• Perspectives of the balanced scorecard
• Discuss the advantages and limitations of the balanced
scorecard
• Describe performance indicators for
202
 financial success, customer satisfaction,
process efficiency and growth

• Discuss the role of benchmarking in performance

measurement
28 • Performance measurement in specific situations:
• Discuss measures that may be used to assess
managerial performance and the practical
problems involved Profitability

• Calculate return on investment and residual income

• Explain the advantages and limitations of return
on investment and residual income

• Describe performance measures which would be

suitable in contract and process costing
environments Lecture PLO 4 CLO 5 Knowledge

• Describe performance measures appropriate for

service industries
• Discuss the measurement of performance in service
industry situations
• Discuss the measurement of performance in
nonprofit seeking and public sector organizations

• Economy, efficiency and effectiveness: explain the

concepts of economy, efficiency and effectiveness

203
 • Describe performance indicators for economy,
efficiency and Effectiveness
• Establish performance indicators for economy,
efficiency and effectiveness in a specific situation
29 Presentations PLO 5 CLO 2 Creation

30 Presentations PLO 5 CLO 2 Creation

204
Course Title: Corporate Law
Course Code:
Credit Hours: 3+0
Course Instructor: Shaukat Hayat
Mode of Contact
You can contact your course instructor in the following ways:
Email: [email protected]
Meeting: By appointment via e-mail
Prerequisites:
The students are required to clear the 3rd semester of BSAF.
Text Books and Reading Material:
1. Companies Act, 2017.
2. Non-Banking Finance Companies (Companies Ordinance, 1984, Sections 282A to 282M).
3. Non-Banking finance Companies (Establishment and Regulation) Rules, 2003.
4. Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980.
5. Securities and Exchange Ordinance, 1969.
6. Securities and Exchange Commission of Pakistan Act, 1997.
7. Listed Companies (Code of Corporate Governance) Regulation, 2017.
Course Descriptions/Objectives:

205
 The course is designed for studying Tax laws for students of BS.Com classes
Course Objectives and Learning Outcomes:
(1). To familiarize the students with the Income and Sales Tax Laws in Pakistan.
(2). To introduce to students the important elements and aspects of tax system and authorities and their limits.
(3). To equip the students with necessary skills to deal with the situations concerning the field of taxation.
By the end of this course the students should be able to know the legal provisions pertaining to the incorporation of companies as well as to apply them in their
professional career.

Assessment Instrument with Weights:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 05
Assignements(s) 10
Class Participation
Présentations 15
Case Discussion

206
 Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

Course Contents
Learning Assessment PLO CLO Thinking
Lecture Topic
Activity Activity Level
1 Introduction to Pakistani Legal System-I Lecture PLO 3 CLO 2 Comprehension

2 Introduction to Pakistani Legal System-II Lecture PLO 1 CLO 2 Comprehension

3 Major Forms of Business Lecture PLO 1 CLO 2 Comprehension
Organization-I
4 Major Forms of Business Lecture PLO 1 CLO 2 Comprehension
Organization-II

5 Formation of a Company-I Lecture PLO 3 CLO 2 Comprehension

6 Formation of a Company-II Lecture PLO 3 CLO 2 Comprehension
7 Conversion of a Company of a Class into a Company of other Class Lecture PLO 3 CLO 2 Comprehension
8 Share Capital of a Company Lecture PLO 3 CLO 2 Comprehension
9 General Meetings of a Company-I Lecture PLO 3 CLO 2 Comprehension
10 General Meetings of a Company-II Lecture PLO 1 CLO 3 Comprehension
11 General Meetings of a Company-III Lecture PLO 3 CLO 2 Comprehension
12 Proceedings of General Meetings of a Company-I Lecture PLO 3 CLO 2 Comprehension
13 Proceedings of General Meetings of a Company-II Lecture PLO 3 CLO 2 Knowledge
14 Proceedings of General Meetings of a Lecture PLO 3 CLO 2 Knowledge
Company-III
207
15 Company Directors-I Lecture PLO 3 CLO 2 Knowledge
16 Company Directors-II Lecture PLO 3 CLO 2 Comprehension

17 Company Directors-III Lecture PLO 3 CLO 2 Comprehension

18 Chief Executive Officer of Company Lecture PLO 3 CLO 2 Comprehension
19 Auditor of Company Lecture PLO 3 CLO 2 Comprehension
20 The Winding Up of Company-I Lecture PLO 3 CLO 2 Comprehension

21 The Winding Up of Company-II Lecture PLO 1 CLO 3 Comprehension

22 The Winding Up of Company-III Lecture PLO 3 CLO 2 Comprehension

23 Corporate Taxation Lecture PLO 3 CLO 2 Comprehension

24 Modaraba Companies Lecture PLO 3 CLO 2 Comprehension

25 Corporate Governance Lecture PLO 1 CLO 3 Knowledge

26 Stock Exchange Lecture PLO 3 CLO 2 Knowledge
27 Presentations PLO 3 CLO 2 Comprehension
28 Presentations PLO 1 CLO 3 Creation

29 PLO 1 CLO 3 Creation

208
Course Title: Management Information System
Course Code: ITM-241
Credit Hours: 3+0
Course Instructor:
Mode of Contact: (WhatsApp only)
Prerequisites: Introduction to Information Technology

Course Description:
Information systems began as automation of office systems, and have grown into systems that assist managers to make decisions, systems that model successful
business practices, and systems that transform the modern business into a resource and on the management of information technology. Coverage of the subject matter
will be through lectures, class discussions, independent readings and research.

Course Objectives:
• Enlighten the Management Performance by Generating deeper understanding of information systems
• Applicability of IS in different business units.
• Help to understand the new dimensions of automated work and optimum decision making by generating the good quality DSS.

Course Learning Outcomes:

On successful completion of this course, students will be able to:
• Define and describe the role of strategy in business and for management for future initiatives. PLO1
• Comprehend and elaborate the theories, concepts and tools that support strategic management inorganizations. PLO2
• Apply their theoretical learning experience into applied form. PLO3
• Play a leading role in setting organizational strategy both locally and globally and will participate in effective decision making towards organizational complexities. PLO4, PLO5
• Participate constructively in complex situations to complete shared tasks and meet agreeddeadlines through utilizing their interpersonal skills while doing team work PLO6, PLO7
209
Textbooks (or Course Materials) with latest Edition:
• “Management Information System, Managing the Digital Firm” by Kenneth C. Laudon, Jane P. Laudon 13th Global Edition

Reference Books:
• Research Articles

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 MidTerm Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Présentations
Case Discussion
Lab Work/Practical Project
AnyOther
Total 20
GRAND TOTAL 100
COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Week Activity Activity Level

210
 1 Introductions to
Lecture 1 1, 2 Knowledge
1 information system
2 Role of Information
System in Business Case 2,3,6 3,4 Application
today
3 Business processes and
2 Types of Information Lecture Quiz 1 1, 2 Knowledge
System
4 Systems for
Collaboration and Case 2,3,6 3,4 Application
Social Business
5 The Information System
Lecture Quiz 1 1, 2 Knowledge
Function in Business
3 6 Impact of Information
System in
Case Project 2,3,6 3,4 Application
Organizations and
Business Firms
7 How to achieve
Competitive Advantage
Lecture 1 1, 2 Knowledge
4 by using Information Quiz
Systems
8 Information
Technology Case Assignment 2,3,6 3,4 Application
Infrastructure
9 Infrastructure
Lecture Quiz 1 1, 2 Knowledge
Components

211
5 10 Contemporary
Hardware Platform Case 2,3,6 3,4 Application
Trends
11 Contemporary
6 Software Platform
Lecture Quiz 1 1, 2 Knowledge
Trends and
Management Issues
12 Organizing Data in
Traditional File Case 2,3,6 3,4 Application
Environment
13 The Database approach
Lecture 1 1, 2 Knowledge
7 to Data Management
14 Using Databases to
Improve Business
Case 2,3,6 3,4 Application
Performance and
Decision Making
MIDTERM EXAMS
15 Telecommunication
8 and Networking in
Lecture 1 1, 2 Knowledge
Today’s Business
World
16 Communication
Networks (Types, Case 2,3,6 3,4 Application
Structures, Topologies)
17 TCP/IP Model and The
9 Global Internet,
Lecture 1 1, 2 Knowledge
Assigning Presentation
Topics
212
 (Four Groups)
18 The Wireless
Revolution (Cellular
Networks, Wifi
Case 2,3,6 3,4 Application
Standards, Wimax,
Wireless Sensor
Networks)
19 Malicious Software,
10 Hackers and Computer Lecture 1 1, 2 Knowledge
Crime
20 Business Value of
Case 2,3,6 3,4 Application
Security and Control
21 Establishing a
11 Framework for Security Lecture 1 1, 2 Knowledge
and Control
22 Technologies and
Tools for Protecting
Information Resources, Case 2,3,6 3,4 Application
Group One
Presentation
23 Intelligent Techniques
12 for Managing
Knowledge (Machine Lecture 1 1, 2 Knowledge
Learning, Fuzzy Logic,
Neural Networks)
24 Knowledge Work
Systems and its Case 2,3,6 3,4 Application
Requirement,

213
 Examples of KWS,
Group Two
Presentation
25 Decision Making
13 Process and Real Comprehension
Presentation Presentation 2,3,5,6 4,5
World Decision Creativity
Making
26 Business Intelligence in
the Enterprise, Data
Visualization, Visual
Analytics and Comprehension
Presentation Presentation 2,3,5,6 4,5
Geographic Creativity
Information Systems,
Group Three
Presentation
27 The Growth of
14 International Knowledge
Information Systems
28 Technology Issues and
Opportunities for
Global Value Chains, Knowledge
Group Four
Presentation

ENDTERM EXAMS

214
Course Title: Financial Reporting and Analysis
Course Code:
Credit Hours: 3
Course Instructor:
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail
PREREQUISITE
Fundamentals of Accounting, Financial Accounting, Cost Accounting, Introduction to Finance, Financial Management
COURSE DESCRIPTION:
This course is an introduction to financial statement analysis, aiming to provide you the basic skills and techniques to analyse financial statements for the purpose

of valuation. You will learn how to evaluate financial statements and perform prospective, credit, and equity analyses. Students will also learn how to recast and
adjust financial statements to obtain a better estimate of earning power.
COURSE OBJECTIVES:
Financial reports are the primary means by which managers communicate company results to investors, creditors and analysts. These parties use the reports to
judge company performance, to assess creditworthiness, to predict future financial performance, and to analyse possible acquisitions and take-overs. Users of
financial statements must be able to meaningfully interpret financial reports, construct measures of financial performance and analyse the reporting choices made
by companies. Also, since company managers choose accounting techniques when making their reports, users must learn to undo the effects of these accounting
choices. The purpose of this course is to give the foundation for such analysis.
COURSE LEARNING OUTCOMES:

215
On completion of this course unit, successful students will be able to:
1. Calculate and interpret a range of accounting ratios from the financial statements of large companies.
2. Appreciate the complex nature of real-life financial statement ratio calculations.
3. Understand the role of, and draw upon, the strategic (competitive and sustainability) context of a business in interpreting that business's financial statements.
4. Effectively interpret financial statements from the perspective of the forward-looking information needs of different stakeholders.
5. Understand a range of factors that can indicate the quality and reliability of financial statement information.
6. Appreciate the various sources of data that may be useful in analyzing the position, performance, and future prospects of a firm

RECOMMENDED TEXT BOOK:

• The Analysis and use of Financial Statements (3rd Edition) By:Gerald I. White, Ashwinpaul C. Sondhi, and Dov Fried.
• Financial Statement Analysis Using Financial Accounting Information (7th Edition) By: Charles H. Gibson

ASSESSMENT INSTRUMENT WITH WEIGHTS:

S.NO Items Marks

1. Mid Term Exam 30
2. End Term Exam 50
3. Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
216
 Total 20
Grand Total 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO9 CLO
Activity Activity Level
01 Introduction to Analysis of Financial
Statements, Lecture PLO 1 CLO 5 Knowledge
Utilization and Practicality of the Course
02 Framework for Financial Statements Analysis
Need for financial statement analysis, Users of
financial statements
Lecture PLO 1 CLO 5 Knowledge
Principal financial statements
Qualitative characteristics of accounting data
Chapter # 1 (Sondhi) Chapter # 1 (Gibson)
03 Framework for Financial Statements Analysis….
GAAP Lecture PLO 1 CLO 4 Comprehension
Chapter # 1 (Sondhi) Chapter # 1 (Gibson)
04 Accounting Policies and their Impact on Financial
Analysis…. Lecture PLO 1 CLO 4 Comprehension
Overview of Accounting Cycle

217
 Auditor’s Report and its types
Chapter # 2 (Sondhi) Chapter # 2 (Gibson)
05 Accounting Policies and their Impact on Financial
Analysis….
The accrual concept of income
Revenue recognition methods Lecture PLO 1 CLO 4 Comprehension
Percentage-of-Completion Method
Completed contract method
Chapter # 2 (Sondhi) Chapter # 2 (Gibson)
06 Accounting Policies and their impact on Financial
Analysis…….
Nonrecurring items
Assignment 1
Adjustments for Nonrecurring items Lecture PLO 1 CLO 4 Comprehension
Quiz 1
Management Discretion and Earnings
Manipulation
Chapter # 2 (Sondhi)
07 Cash Flow Statement Analysis
Need for a Cash Flow Statement
Lecture PLO 4 CLO 3 Comprehension
Importance of Cash Flow Statement
Chapter # 3 (Sondhi) Chapter # 11 (Gibson)
08 Cash Flow Statement Analysis….
Basic Elements of Cash Flow statement
Lecture PLO 4 CLO 3 Comprehension
Cash Flow Classification Issues
Chapter # 3 (Sondhi) Chapter # 11 (Gibson)
09 Cash Flow Statement Analysis….
Lecture PLO 4 CLO 3 Comprehension
Direct and Indirect cash flow method
218
 Preparation of Cash Flow Statement
Chapter # 3 (Sondhi) Chapter # 11 (Gibson)
10 Cash Flow Statement Analysis….
Analysis of cash flow information
Lecture PLO 4 CLO 3 Comprehension
Free Cash Flows and Valuation
Chapter # 3 (Sondhi) Chapter # 11 (Gibson)
11 Foundations of Ratio and Financial Analysis
Purpose and use of ratio analysis
Lecture PLO 4 CLO 1 Comprehension
Cautionary Note
Chapter # 4 (Sondhi) Chapter # 5 (Gibson)
12 Foundations of Ratio and Financial
Analysis…..
Common size statements Assignment 2
Lecture PLO 4 CLO 1 Comprehension
Vertical and Horizontal Analysis Quiz 2
Case Study: Cooper Tire & Rubber Company.
Chapter # 4 (Sondhi) Chapter # 5 (Gibson)
13 Foundations of Ratio and Financial cont… Comprehension
Categories of ratios:
Liquidity analysis Lecture PLO 4 CLO 2
Chapter # 4 (Sondhi) Chapter # 5 & 7
(Gibson)
14 Foundations of Ratio and Financial cont… Comprehension
Activity analysis
Lecture PLO 4 CLO 2
Profitability analysis
Chapter # 4 (Sondhi) Chapter # 5 & 7 (Gibson)
219
15 Foundations of Ratio and Financial cont… Comprehension
Long-term debt and solvency analysis
Lecture PLO 4 CLO 2
Ratios: An integrated analysis
Chapter # 4 (Sondhi) Chapter # 8 & 9 (Gibson)
16 Foundations of Ratio and Financial cont…
Earnings per share and other ratios used in
valuation Lecture PLO 4 CLO 2 Comprehension
Trend Analysis
Chapter # 4 (Sondhi) Chapter # 10 (Gibson)
17 Foundations of Ratio and Financial cont…
Operating and financial leverage
Lecture PLO 4 CLO 2 Comprehension
Leverage and its effect on earnings
Chapter # 4 (Sondhi) Chapter # 6 & 10 (Gibson)
18 Foundations of Ratio and Financial cont…
Operating and financial leverage
Leverage and its effect on earnings
Lecture PLO 4 CLO 2 Comprehension
Case Study: “The Case of the Beleaguered,
Burgled Balance Sheet”
Chapter # 4 (Sondhi) Chapter # 6 & 10 (Gibson)
19 Statement Analysis for Special Industries:
Banks, Utilities, Oil and Gas,
Transportation, Insurance, Real Estate Lecture PLO 4 CLO 4 Comprehension
Companies
Chapter # 15 (Gibson)
20 Statement Analysis for Special Industries:
Lecture PLO 4 CLO 4 Comprehension
Banks, Utilities, Oil and Gas,
220
 Transportation, Insurance, Real Estate
Companies
Chapter # 15 (Gibson)
21 Statement Analysis for Special Industries:
Banks, Utilities, Oil and Gas,
Transportation, Insurance, Real Estate Lecture PLO 4 CLO 4 Comprehension
Companies
Chapter # 15 (Gibson)
22 Statement Analysis for Special Industries:
Banks, Utilities, Oil and Gas,
Transportation, Insurance, Real Estate Lecture PLO 4 CLO 4 Comprehension
Companies
Chapter # 15 (Gibson)
23 Analysis of Inventories
Inventory and cost of goods sold: Basic
relationships
Lecture PLO 4 CLO 5 Comprehension
LIFO Versus FIFO: Income, Cash flow, and
working capital effect
Chapter # 6 (Sondhi) Chapter # 7 (Gibson, p. 265)
24 Analysis of Inventories
Inventory and cost of goods sold: Basic
relationships
Lecture PLO 4 CLO 5 Comprehension
LIFO Versus FIFO: Income, Cash flow, and
working capital effect
Chapter # 6 (Sondhi) Chapter # 7 (Gibson, p. 265)
25 Analysis of Inventories cont… Lecture PLO 4 CLO 5 Comprehension
221
 Adjustments from LIFO to FIFO
Financial ratio: LIFO Versus FIFO
Chapter # 6 (Sondhi) Chapter # 7 (Gibson, p. 265)
26 Analysis of Inventories cont…
Adjustments from LIFO to FIFO
Lecture PLO 4 CLO 5 Comprehension
Financial ratio: LIFO Versus FIFO
Chapter # 6 (Sondhi) Chapter # 7 (Gibson, p. 265)
27 Financial Planning and Forecasting
Introduction to basic financial planning
models
A simple financial planning model Lecture PLO 4 CLO 6 Comprehension
The Percentage of sales approach
Chapter # 4 (Ross/Westerfield/Jordan) Chapter #
18 (Brealey/Myers/Marcus)
28 Financial Planning and Forecasting…….
Additional/External fund needed
Additional/External financing and growth Lecture PLO 4 CLO 6 Comprehension
Chapter # 4 (Ross/Westerfield/Jordan) Chapter #
18 (Brealey/Myers/Marcus)
29 Presentations PLO 4 CLO 2 Creation
30 Presentations PLO 4 CLO 2 Creation

222
 Semester – VI

CODE COURSE CREDITS

AFAC-345 Audit & Assurance 3

AFFN-343 Real Estate Markets & Housing Policy 3

AFMG-341 Corporate Governance and Ethics 3

AFFN-344 Corporate Taxation 3

AFFN-345 Performance Management and Decision Making 3

223
 Course Title: Audit and Assurance
Course Code:
Credit Hours: 3

Course Instructor:
Mode of Contact:

You can contact your course instructor in the following ways:

Email:

Meeting: By appointment via e-mail

PREREQUISITES: As an Auditing course, you must have an understanding of Financial Accounting

Textbook:
Audit & Assurance Kaplan Publisher, Latest Edition, Kaplan Publisher 2020.

Reference Material:
Auditing Concepts and Methods, Douglas R. Carmicheal, John J. Willigham, Carlo A. Schaller, 1 st Edition- The McGraw Hill, 2007.

Course Description:

• This course introduces students to the principles of external auditing and other assurance services. The practical aspects of the audit process will be considered
including recent developments in the organization of the profession, the regulatory framework governing practitioners and factors affecting the future evolution of
the practice of auditing and other assurance services.

224
 Course Objectives: The course objectives are
• This course introduces students to fundamental Auditing concepts, principles, and procedures. It addresses issues concerning regulations, appointments of auditors,
audit risk, Materiality and characteristics of evidence, internal control, analytical procedures, Computerized audit tools, fraud, audit report and auditing theory.
• Students will acquire the necessary skills in general audit principles and procedures with a slight bias towards financial statements audits. Additionally, the coverage
of internal control will provide students with a general framework which is applicable in the establishment of any properly structured business. The course will lay the
foundation and as a result it is the prerequisite for both External Auditing and Internal Auditing.

Course Learning Outcomes: Upon completion of this course, students will be able to:

• Understand the fundamentals of audit principles and procedures

• Explain why external audits and other types of assurance services are conducted
• Discuss the duties of auditors and other assurance providers and how these have changed over time
• Explain the meaning of concepts that are fundamental to auditing and assurance services, such as ‘independence’, ‘evidence’, ‘risk’, ‘materiality’
• Describe, in general terms, the processes involved in auditing and other assurance services
• Distinguish between compliance and substantive testing and describe various audit tests
• Discuss the form, content and importance of the reports provided at the end of the audit or assurance service

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
225
 Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO10 CLO
Activity Activity Level

01 • Introduction to Audit & Assurance

Lecture PLO1 CLO1 Knowledge
• Objectives of Audit, Expectations from Auditors
02 • General Principles governing an Audit of Knowledge
Lecture PLO7 CLOI
Financial Statements, Limitations of the Audit
03 • Expectation Gap, Limited and reasonable Assurance
Lecture PLO1 CLO1 Knowledge
04 • Regulatory Environment and its mechanism,
Relationship between ISAs and National Lecture PLO1 CLO2 Comprehension
Standard

226
05 • Statutory Regulations governing the
appointment, resignation and removal of an Lecture PLO1 CLO2 Comprehension
auditor
06 • Fundamentals of Ethics, Integrity, Confidentiality, Assignment 1
Lecture PLO1 CLO3 Comprehension
Objectivity, Self-Review, Advocacy, Familiarity threats. Quiz 1
07 • Safeguards against Threats Lecture PLO1 CLO3 Comprehension
08 • Components of Audit Risks, Understanding
Lecture PLO1 CLO4 Comprehension
nature of entity
09 • Analytical Procedures Lecture PLO7 CLO5 Comprehension
10 • Materiality Concept Lecture PLO7 CLO4 Comprehension
11 • Materiality Concept Lecture PLO7 CLO4 Comprehension
12 • Responsibility of internal and external auditor Assignment 2
Lecture PLO1 CLO3 Comprehension
for prevention and detection of fraud Quiz 2
13 • Importance of planning of an audit, Overall
Lecture PLO1 CLO1 Knowledge
Audit Strategy and plan, Interim Audit
14 • Assertions Contained in Financial Statements Lecture PLO7 CLO6 Comprehension
15 • Procedures to obtain Evidence, Quality of an Comprehension
Lecture PLO1 CLO4
Evidence
• Problems in review of accounting estimates and
Lecture PLO7 CLO6 Comprehension
Inventory
17 • Payables, Bank and Cash, Liabilities Procedures Lecture PLO7 CLO6 Comprehension

227
18 • The Analytical Review Process, Formulating Lecture
Expectations, Analytical Procedures and substantive PLO7 CLO6 Comprehension
tests
19 • Computer assisted audit techniques (CAAT) Lecture Knowledge
PLO1 CLO1
and General Audit Software (GAS)
20 • Significance of Going Concern Lecture PLO1 CLO1 Knowledge
21 • Importance of overall Review of Evidence obtained, Lecture
PLO1 CLO4 Comprehension
Significance of uncorrected misstatements
22 • Basic Elements of Audit report, Format of audit Lecture
PLO1 CLO7 Comprehension
Report
23 • Audit opinions in Audit Report Lecture PLO1 CLO7 Comprehension
24 • Objectives, Relevance, and importance of corporate Lecture Knowledge
PLO1 CLO1
Governance
25 • Audit Committees roles and structures Lecture PLO1 CLO1 Knowledge
26 • Internal Audit and limitations of an internal Lecture Comprehension
PLO1 Clo3
audit
27 • Outsourcing, advantages and disadvantages of Lecture
PLO1 CLO3 Comprehension
outsourcing and internal audit
28 • Summary of ISAs and IFRS Lecture PLO1 CLO1 Knowledge
29 Final Project
Presentations PLO7 CLO7 Creation

30 Final Project
Presentations PLO7 CLO7 Creation

228
 Course Title: Fundamentals of Real Estate & Housing Policy
Course Code:
Credit Hours: 3+0

Course Instructor: Dr. Abdul Wahid

Mode of Contact: You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

Course Introduction: Welcome to the exciting world of real estate! The "Fundamentals of Real Estate Market" course is designed to provide you with a

comprehensive understanding of the real estate industry in Pakistan. Whether you are a budding real estate professional, an investor looking to make informed
decisions, or simply interested in the dynamics of property markets, this course will equip you with the knowledge and skills you need to navigate the complex

landscape of real estate in Pakistan. Real estate is a cornerstone of the global economy, and Pakistan is no exception. It plays a pivotal role in wealth creation,
urban development, and housing provision. Understanding the fundamentals of real estate is essential, not only for those directly involved in the industry but

also for anyone interested in the economic and social dynamics of Pakistan. By the end of this course, you will be equipped with the knowledge and skills to excel
in the real estate sector in Pakistan, whether you aspire to become a real estate agent, investor, developer, or simply a well-informed citizen. Get ready to embark

on a journey that will empower you to make informed decisions in the dynamic world of real estate in Pakistan!

229
 Importance of the Course: Real estate is a cornerstone of Pakistan's economy and society, and its significance cannot be overstated. Here are some key reasons
why understanding the fundamentals of real estate is crucial in the Pakistani context:

• Real estate is a major driver of economic growth in Pakistan, contributing significantly to the country's GDP. It provides employment, generates revenue,
and attracts investment.

• Access to affordable and quality housing is a pressing issue in Pakistan. Real estate professionals and investors play a vital role in addressing this challenge.
Investment Opportunities: Real estate is a popular investment choice for individuals and institutions alike. Making informed investment decisions is essential for

financial success.
• Pakistan's rapid urbanization requires effective urban planning and development. Real estate professionals are key players in shaping sustainable and livable

cities.
• Navigating the legal and regulatory aspects of real estate transactions is essential to avoid disputes and ensure a smooth process.

• Real estate has historically been a means of wealth creation and preservation. Understanding how to leverage property assets is vital for financial security.

Basic Requirements: To excel in this course, students should have completed the following prerequisites:
• Classification of Assets

• Valuation of Assets
• Fundamentals of Markets

Recommended Books:
(a) " Real Estate Investment Market by Sofia M. Lombardi
230
 (b) “Building Real estate wealth in Changing Market" by John W. Schaub
(c) “Emerging Markets Real Estate Investment “ David J. Lynn

Course Learning Objectives: Upon successful completion of this course, students will have acquired a deep understanding of real estate market. They will be
able to:

CLO1: Develop a comprehensive understanding of the key concepts, terminologies, and components of the real estate industry, including different property

types and land use practices.

CLO2: Analyze and interpret real estate market dynamics in Pakistan, including factors affecting property prices, demand and supply trends, and the influence

of economic, social, and political factors.

CLO3: Acquire financial literacy specific to real estate, including the ability to evaluate financing options, formulate investment strategies, and manage risks

associated with real estate investments.

CLO4: Apply acquired knowledge and skills to practical scenarios, such as property valuation, real estate investment analysis, and negotiation, to make

informed decisions and participate effectively in the real estate sector.

Course Assesment:

Sr. No Items Makrs

1. Midterm Evaluation 30 Marks

231
 2. Final Evalation 50 Marsk

3. International Evaluion

a. Assignments (at least 2) 5 Marks

b. Quizes (at least 2) 5 Marks

c. Final Project (Task the student to anayze any type of property 10 Marks

and case studies of REIts

Total 20 Marks

Lecture’s Plan and Weekly Scheme of Study

Week Topic/ Slots (2x Each) Activity Class Participation PLO CLO Outcome
Week 1: What is Real Estate?
• Defining real estate assets and their significance
1. Article: Real estate as an economic
• Historical perspective on real estate 01
bogeyman (Dawn) Knowledge
• Types of real estate: residential, commercial, industrial, and more Lecture

Week 2: Fundamentals of Real Estate Investment

2. • Real estate as an investment vehicle Case study : Note on Forms of Real
01
Estate Ownership Knowledge
• Benefits and risks of real estate investments Lecture

232
 • Key investment principles and strategies

Week 3: Value Investing in Real Estate

• Principles of value investing
3. Article: The real estate opportunity
• Identifying undervalued properties 02
(Dawn)
• Value investment case studies

Week 4: Growth Investing in Real Estate

• Growth investment strategies
4.
• Identifying high-growth markets Article: Property is power (Dawn) 02
• Growth investment case studies

Week 5: Global Real Estate Markets

• Overview of international real estate markets
5.
• Benefits and challenges of global real estate investments 02
• Investment considerations for international properties

Week 6: International Real Estate Investment Strategies

• International investment strategies
6.
• Legal and regulatory considerations 02
• Managing currency and market risks

Week 7: Stickiness of Housing Rent

• Understanding rental market dynamics
7. Article: Property prices, rents on the
• Factors affecting rental prices 02
rise (Dawn)
• Long-term vs. short-term rentals

Week 8: Embracing Change in Real Estate

8. • Adapting to evolving market conditions 02
• The role of technology and innovation

233
 • Case studies of successful adaptations

Week 9: Hedonic Model

• Features of Residential Housing
9. Wahid, A., Kowalewski, O., & Mantell,
• Valuation 03
E. H. (2023). Determinants
• Determinants of Prices of Housing
of the prices of residential
properties in
Week 10: How Neighborhoods Change and Profiting from Change
Pakistan. Journal of Property
• Gentrification and neighborhood transformation
10. Investment & Finance, 41(1),
• Investment strategies in changing neighborhoods 03
35-49.
• Case studies of successful investments

Week 11: Setting Your Strategy for Buying in a Changing Market

• Developing a flexible investment strategy
11.
• Timing and market entry considerations 03
• Risk management in changing markets

Week 12: Ways to Protect Yourself in a Changing Market

• Risk mitigation strategies
12. 04
• Diversification and asset allocation 03
• Legal and financial protections

Week 13: Opportunities for Profit in the Changing Market

• Identifying investment opportunities in dynamic markets
13.
• Creative financing options 04
• Case studies of opportunistic investments

Week 14: Finding and Buying from Homeowners Who Need to Sell
14. • Strategies for locating distressed properties 04
• Negotiating with motivated sellers

234
 • The art of deal-making

15.
Presentation/Revision/ Final Project

16.
Presentation/Revision/ Final Project

235
Course Title: Corporate Governance & Ethics
Course Code: MGT-311

Credit Hours: 3+0

Course Instructor:

Prerequisites:
Introduction to Business Finance, Corporate Law and Principle of Accounting.

COURSE DESCRIPTION/OBJECTIVES:

The Corporate Governance and Ethics course provides an in-depth understanding of the principles, practices, and challenges surrounding

corporate governance, with a focus on the ethical considerations that guide corporate decision-making. It explores the roles of boards of
directors, executives, shareholders, and other stakeholders in influencing the direction and accountability of an organization. Additionally,

the course examines ethical frameworks, legal regulations, and the moral dilemmas that often arise in business practices. By the end of the
course, students will have a thorough understanding of the ethical standards and governance structures that promote sustainable,

transparent, and responsible corporate behavior.

COURSE LEARNING OUTCOMES:

The students will be better equipped to play key roles in organizations that adhere to high standards of governance and ethical practices.

CLO 1: Understand Corporate Governance Structures:

236
CLO 2: Examine Ethical Decision-Making in Business:

CLO 3: Explore Legal and Regulatory Aspects:

CLO 4: Develop Critical Thinking Skills:

CLO 5: Promote Corporate Social Responsibility (CSR):

CLO 6: Study Governance Failures and Best Practices:

RECOMMENDED TEXT BOOK:

1. Business Ethics by Joseph W. Weill’s. 5th Edition

REFERENCE BOOKS / MATERIAL
✓ Business Ethics: Text and Cases for Pakistan
✓ Corporate Governance – An Introductory text for Pakistan By: Dr. Safdar Ali Butt (Latest Edition)
“A.C-Fernando (2006), Corporate Governance Principles, Policies and Practices, Pearson Education S. Asia.”
Handouts Casestudies

ASSESSMENT INSTRUMENT WITH WEIGHTS:

S.NO Items Marks

1. Mid Term Exam 30
237
 2. End Term Exam 50
3. Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Total 20 20
Grand Total 100

COURSE CONTENTS

We Lecture TOPICS TO BE COVERED

ek No Learnin
No g Assessme PLO CLO Thinking
Activit nt Level
y
1. Corporate Governance Lecture 1,5 CLO 1 Knowledge
• What is Corporate Governance?
• What is a company?
• Characteristics of a Company and
Types of Companies
1. • Why Corporate Governance is
Important
2. Need for Corporate Governance Lecture 1 CLO 1,2 Knowledge
• Need for Corporate Governance
• Governance & Management

238
 3. Approaches to Corporate Governance Lecture/ Quiz 4,5 Comprehen
• Shareholders Approach Class sion
• Stakeholders Approach Discussion
• Which approach is best?
2.
4. Why is CG Important? Lecture Assignme 1,5 CLO 1,2 Knowledge
• Good reputation is good business nt
• Protection of stakeholders’ interest
• Support to capital markets
• Support to society

3. 5. The Shareholders Lecture 1,5 CLO 2 Knowledge

• Who is a shareholder?
• Types of the shares
• Features of Preference shares

6. • Classification of Shareholders Lecture Quiz 1,4 Knowledge

• Internal & External Shareholders
• Small & Large Shareholders
• Corporate Shareholders
4. 7. The Board of Directors Lecture 1 CLO 3 Knowledge
• Importance of the Board
• The Board’s Role
• Board Types

239
 8. The Board of Directors Lecture 1,5 Knowledge
• Powers of the Board
• Functions of a Board
• Balance of Board

5. 9. • Consequences of Imbalance Lecture 3,4,5 CLO 3 Knowledge

• Good Board Room Practices
• CEO Duality (Pros & Cons)

10. • Case Study Discussion-II (The case for Discussion Assignment 4,5 Application
Balanced Boards)

11. The Directors Lecture 1,3 CLO 3 Knowledge

6. • Types of Directors
• Executive Vs Non-Executive Directors
• Representative & Independent Directors

• Independent Non-Executive Directors

• De-facto directors
• Shadow directors
• Alternate directors

240
 12 The Directors Lecture Quiz 1,5 Knowledge
• What should they have to be good
directors?
• Skill & Care Duty
• Directors’ Liability

7. 13. • Independent non-executive directors Lecture 1,5 CLO 3 Knowledge

• Test of Independence
• Preserving Independence of INED’s
14. • Main Role of INED’s Lecture 4,5 Knowledge
• Issues in Pakistan
• Insider Trading & Market Abuse
• Dominant Personality Issues
1,5
Midterm Exam

8. 15. Ethics in Financial Reporting Lecture 4 CLO 4 Knowledge

• Annual Report of a company
• Financial Statements
• Qualities of Financial
Statements

16 • Misleading Financial Statements Lecture/ Assignment 4,5 Comprehen

• Audit Report and its Types Class sion
• Creative Accounting Discussion

241
 • Ethical Approach to Financial Reporting

9. 17 Internal Control Lecture 2,3 CLO 5 Knowledge

• Objectives of Internal Control
• Components of Internal Control
• Roles and responsibilities
•
18 • Tools of Internal Control Lecture Quiz 1,5 Knowledge
• Basic, Supervisory & Internal Checks
• Whistle-blowing
10. 19 Risk Management Lecture 1,4,5 CLO 5 Knowledge
• Risk
• Types of Risk
• Risk Management Process
20 • Risk Management Techniques Lecture Assignment 1,5 Knowledge
• Risk Transfer Modes

11. 21 Corporate Social Responsibility Lecture 1 CLO 6 Knowledge

• Defining CSR
• Views on CSR
• Principles of CSR
22 • Case for CSR Lecture 1,5 Knowledge
• Case Against CSR
• Benchmarking in CSR

242
12. 23 Case Study Lecture 4,5 CLO 6 Application
/Discussion

24 • Case Study-I (The Johnson & Johnson Assignment 4,5 Application

Tylenol Crisis)

13. 25 Business Ethics Lecture 1,5 CLO 6 Knowledge

• Evolution
• Ethical Enforcement
• Advantages of Business Ethics

26 • Areas where ethical standards should be Lecture 1,5 Knowledge

applied
• Characteristics of an ethical organization
• Roots of Unethical behavior

14. 27 • Aspects of Corporate Unethical Behavior Lecture 4,5 CLO 6 Knowledge

• How to Enforce Ethics in a company
• Ethics Policy

28 Pakistani Scenario Lecture 1,5 Knowledge

• How to Rectify the situation

15. 29 & 30 Presentation / Revision Presentation

n

243
Course Title: Performance Management and Decision Making
Course Code:
Credit Hours: 3+0
Course Instructor:
Mode of Contact"
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

PREREQUISITES: As a accounting course, you must have an understanding of Managerial Accounting, Cost Accounting, Fundamentals of Accounting & Financial Accounting.
Textbook:
• Cost Accounting by Matz ,Usry Latest Edition Text book.
• Management Accounting by Kaplan and BPP Publishers, Latest Edition
• Performance Management by Kaplan and BPP Publishers, Latest Edition
REFERENCE BOOKS:
• Managerial Accounting By Garrison Noreen
• Cost Accounting A managerial Emphasis by Charles T. Horngren
• Management and Cost accounting By Colin Drury

Course Description: Performance Management and Decision Making is related to use of accounting information for decision making. It mainly focused on timely information which
enables organizations to estimate future costs years in advance. The information generated through management accounting is used by the internal management of the
organization.

Course Objectives:

244
 • Select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating
the risks and uncertainty inherent in business and controlling those risks.
• Use standard costing systems to measure and control business performance and to identify remedial action.
• Assess the performance of an organization from both a financial and non-financial viewpoint, appreciating the problems of controlling defictionalized businesses and the
importance of allowing for external aspects.
• Understand how cost consciousness is increased among operating units through the identification of cost and responsibility centers and the use of performance standards.
• Conduct cost analyses which facilitate the linkages among management control, program budgeting, and performance auditing.
• Emphasis on cost estimation for planning or control purposes, rather than on financial reporting.
• Costs are monitored to determine if they are reasonable for the activities performed.

Course Learning Outcomes:

• Select and implement appropriate decision-making tools to facilitate business decisions

• Ensuring the efficient use of scarce resources while identifying, assessing, and managing risks and uncertainties inherent in business environments.
• Utilize Standard Costing Systems:
• Design, apply, and evaluate standard costing systems to measure and control business performance
• identifying deviations and recommending corrective actions for improved organizational efficiency.
• Assess Organizational Performance:
• Evaluate the financial and non-financial performance of organizations,
• considering the complexities of decentralized structures and the influence of external factors on performance outcomes.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30

245
 2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 10
Assignements(s) 10
GRAND TOTAL 100

COURSE CONTENTS:
Learning Assessment Thinking
Lecture Scheduled Topic PLOii CLO
Activity Activity Level
01 Recap of Managerial Accounting Course:
Activity Based Costing
Target Costing
Lecture PLO 5 CLO 1 Knowledge
Throughput Costing
Life Cycle Costing
Environmental Costing
02 Recap of Managerial Accounting Course:
CVP Analysis
Planning with Limiting factors Lecture PLO 5 CLO 1 Knowledge
Pricing
Budgeting
03 Relevant Costing:
Lecture PLO 5 CLO 2 Knowledge
Explain the practical issues surrounding make versus buy
04 Relevant Costing: Lecture PLO 5 CLO 2 Knowledge
246
 Explain the practical issues surrounding outsourcing decisions
05 Relevant Costing:
For given data, calculate and compare 'make' costs with 'buying' costs
Lecture PLO 4 CLO 2 Comprehension
For given data, compare in-house costs and outsource costs of completing tasks and
consider other issues surrounding this decision
06 Relevant Costing:
For given data, apply relevant costing principles in making or buy decisions. Lecture PLO 4 CLO 2 Comprehension
For given data, apply relevant costing principles in shut down decisions.
07 Relevant Costing:
Lecture PLO 5 CLO 2 Knowledge
For given data, apply relevant costing principles in one-off contracts decisions.
08 Relevant Costing: Assignment
For given data, apply relevant costing principles in joint product and further processing Lecture 1 PLO 5 CLO 2 Comprehension
decisions. Quiz 1
09 Risk and uncertainty:
Describe generally available research techniques to reduce uncertainty Lecture PLO 5 CLO 2 Comprehension
Suggest for a given situation, suitable research techniques for reducing uncertainty
10 Risk and uncertainty:
Explain, using a simple example, the use of simulation;
Lecture PLO 5 CLO 2 Comprehension
Explain, calculate and demonstrate the use of expected values and sensitivity analysis in
simple decision-making situations;
11 Risk and uncertainty:
For given data, apply the techniques of Maximax, maximin and minimax regret to
Lecture PLO 4 CLO 2 Comprehension
decision making problems including the production of profit tables;

12 Risk and uncertainty: Lecture PLO 4 CLO 2 Comprehension

247
 Calculate the value of perfect information and calculate the value of imperfect
information.
13 Interaction of Budgeting and Standard Costing:
Explain the Planning and Controlling aspect of Performance Management
Explaining Fix Budgets
Lecture PLO 4 CLO 2 Comprehension
Explain Flexible Budgets
Comparing the flexed budget with actual results to measure performance

14 Revision Class Assignment

Lecture 2 PLO 4 CLO 2 Comprehension
Quiz 2
15 Quantitative analysis:
Explain and evaluate the use of high/low analysis to separate the fixed and variable
elements of total cost Lecture PLO 4 CLO 3 Knowledge
Explain and evaluate the use of regression analysis to separate the fixed and variable
elements of total cost.
16 Quantitative analysis:
Explain the use of judgment and experience in forecasting
Lecture PLO 4 CLO 3 Comprehension
Explain the learning curve effect
Estimate the learning effect and apply this to a budgetary problem
17 Quantitative analysis: Assignment
Calculating production times when the learning curve has reached a steady state Lecture 3 PLO 5 CLO 2 Comprehension
Explain the limitations of the learning curve model. Quiz 3
18 Advanced variances: Case
Define, for a manufacturing company, material mix and yield variances PLO 4 CLO 4 Comprehension
Discussion
Calculate, from information supplied, material mix and yield variances
248
 For given or calculated material mix and yield variances, interpret and explain possible
causes, including possible interrelationships between them
19 Advanced variances:
Explain, using simple non numerical examples, the wider issues Involved in changing
mix, e.g. cost, quality and performance measurement issues Lecture PLO 4 CLO 4 Comprehension
Identify and explain the interrelationship between price, mix and yield, using a simple
numerical example
20 Advanced variances:
Suggest and justify alternative methods of controlling production processes in
manufacturing environments Lecture PLO 5 CLO 4 Comprehension
Using revised standards supplied, calculate a revised budget
Calculate and explain sales mix and quantity variances
21 Advanced variances:
From supplied data, calculating planning and operational variances for sales (including
market size and market share) Lecture PLO 5 CLO 3 Comprehension
From supplied data, calculating planning and operational variances for materials
From supplied data, calculating planning and operational variances for labor
22 Advanced variances:
Identify and explain those factors that, in general, should and should not be allowed to
revise an original budget
Explain and resolve the typical manipulation issues in revising budgets.
Describe the dysfunctional nature of some variances in the modern environment of Just Lecture PLO 5 CLO 3 Comprehension
in time (JIT) and total quality management (TQM)
Describe the major behavioral problems resulting from using standard costs in rapidly
changing environments
Discuss the major effects that variances have on staff motivation and action.

249
23 Performance measurement and control:
Describe, calculate from given data, and interpret financial performance indicators (FPIs)
for profitability, in both manufacturing and service businesses, and suggest methods for
improving these measures Case
Describe, calculate from given data, and interpret FPIs for liquidity in both PLO 5 CLO 4 Comprehension
Discussion
manufacturing and service businesses, and suggest methods for improving these
measures
Describe, calculate from given data, and interpret FPIs for risk in both manufacturing and
service businesses, and suggest methods for improving these measures
24 Performance measurement and control:
Describe, calculate from given data and interpret non-financial performance indicators
(NFPIs) in both manufacturing and service businesses, and suggest methods for
improving the performance indicated
Explain, using non numerical examples, the causes of, and problems created by, short
termism and financial manipulation of results, and suggest methods to encourage a
long-term view Lecture PLO 5 CLO 4 Comprehension
Describe the main behavioral aspects of performance management
Explain the need to allow for external considerations in performance management
Discuss the purpose of mission statements and their role in performance measurement
Discuss the purpose of strategic and operational and tactical objectives and their role in
performance measurement
Discuss the impact of economic and market conditions on performance measurement
25 Performance measurement techniques:
Discuss the impact of government regulation on performance management Lecture PLO 5 CLO 4 Knowledge
Discuss the relationship between short term and long-term performance

250
 Discuss and establish critical success factors and key performance indicators and their
link to objectives and mission statements
Describe ways in which external considerations could be allowed for in performance
management, in general, and interpret performance in the light of external
considerations
Using simple non-numerical examples, explain and interpret the balanced scorecard and
its elements
Using simple non-numerical examples, explain and interpret the building block model
proposed by Fitzgerald and Moon
Describe, using simple non numerical examples, the difficulties of target setting in
qualitative areas.
26 Divisional performance measurement and transfer pricing:
Explain the meaning of, and calculate from supplied data, return on investment (ROI) in
the context of divisional performance appraisal
Discuss the shortcomings and benefits of using ROI for divisional performance appraisal
Explain the meaning of, and calculate from supplied data, residual income (RI) in the Lecture PLO 5 CLO 5 Knowledge
context of divisional performance appraisal
Discuss the shortcomings and benefits of using RI for divisional performance appraisal
Compare divisional performance using supplied data and recognize the problems that
can arise from the comparison
27 Divisional performance measurement and transfer pricing:
Explain, using simple numerical examples, the basis for setting a transfer price using Case
variable cost PLO 5 CLO 5 Knowledge
Discussion
Explain, using simple numerical examples, the basis for setting a transfer price using full
cost

251
 Explain, using simple numerical examples, how transfer prices can distort the
performance assessment of divisions and decisions made, including dysfunctional
decision making
Explain, using simple numerical examples, the principles behind allowing for intermediate
markets.
28 Performance measurement in not-for-profit organizations:
Comment on the problems, with particular reference to not-for-profit organizations and
the public sector, of having non-quantifiable objectives in performance management
Describe how performance could be measured in not-for-profit organizations Lecture PLO 4 CLO 5 Knowledge
Comment on the problems, using simple examples, of having multiple objectives in not-
for-profit organizations and the public sector
Describe, in outline, value for money (VFM) as a public sector objective.

252
Course Title: Corporate Tax Pakistan
Course Code:

Credit Hours: 3+0

Course Instructor:
Mode of Contact

You can contact your course instructor in the following ways:

Email:

Meeting:
PREREQUISITES

Textbook:
Income Tax, Principles & Practices by Muhammad Muazzam Mughal- Tax Year 2020 (updated edition)

Reference Material:

1. Synopsis of Taxes in Pakistan By Munawar Mirza (updated version)

2. Law & Practice of Income Tax (Income Tax Ordinance 2001 Amended up to date by: Huzaima & Ikram.
3. Hand of Income Tax (Income Tax Ordinance 2001 Amended up to date by: Huzaima & Ikram.
4. Income Tax Rules 2002 Published by Federal Board of Revenue.
5. Federal Excise Act 2005
6. The Customs Act 1969
253
Course Description and Objectives:

This course has been designed in such a way that includes not only the delivery of knowledge about tax laws in Pakistan but also to deliver the practical knowledge
about the field of taxation. In this course the emphasis will be given on Income Tax and Sales Tax Laws. Therefore, it is being taught by faculty who belong to the
practical field of Tax Management. Students will be trained by using different methods to cope with the routine matters of taxation. To familiarize the students with
the various Tax Laws related to the corporate entities in Pakistan.

1. To introduce to students the important elements and aspects of tax system and authorities and their limits.
2. To equip the students with necessary skills to deal with the situations concerning the field of taxation.

Course Learning Outcomes: The course is based on purely practical approach of tax matters regarding corporate sector business entities. It is useful for any legal activity
which involves the business transactions and their impact on taxes either it is Pakistan source income or foreign source income. Upon completion of this course, students
will be able to:

➢ Know the legal terms used in tax laws i.e. Income Tax Ordinance 2001, Sales Tax Act 2005, Federal Excise Act, 2005, The Customs Act, 1969

➢ Develop the understanding of the fundamental tax assessment principles and concepts with their applicability in case of deduction and collection of taxes by Federal
board of Revenue.

➢ To build a solid Tax law related background in the minds of participants so that they can become capable and confident enough to handle the tax matters.

➢ The participants, after completing their studies, have bright chances to work successfully as a Businessman having sufficient knowledge about taxes. The
objective is to make the participants capable of coping with the routine taxation matters which they may face during practical life.

254
 ➢ The participants would be exposed to some extent to practical experience to understand tax related practices which will be helpful to boost the career.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

255
 Learning Assessment Thinking
Lecture Scheduled Topic PLO11 CLO
Activity Activity Level
01 Introduction of the course
▪ Certain important definitions
included in Income Tax ordiance 2001 Lecture PLO 3 CLO 1 Knowledge
▪ Charging Section # 4
▪ Heads of income.
02 Income from salary:
▪ Features and scope of salary income,
Valuation of perquisites and allowances, Lecture PLO 3 CLO 2 Knowledge
profit in lieu of or in addition to salary, tax
free salary to employee
03 Income from salary (Cont.):
▪ Services of domestic servants, utilities
to employees, loan from employer, Lecture PLO 3 CLO 3 Comprehension
waiver of an amount payable by
employee
04 Income from salary (Cont.):
▪ Transfer of property or provision of
Lecture PLO 3 CLO 3 Comprehension
services to employee, valuation of
accommodation, valuation of

256
 conveyance, computation of salary
income.

05 Income from salary (Cont.):

▪ Computation of Income tax payable
Lecture PLO 3 CLO 3 Comprehension
by salaried individual.

06 Computation of Income tax payable by

salaried individual. (Cont.): Lecture Quiz 1 PLO 3 CLO 4 Comprehension

07 Computation of Income tax payable by

salaried individual. (Cont.):
▪ Tax Credits and Rebates for salaries Lecture PLO 3 CLO 4 Comprehension
person

08 Salaries Person Tax Assessment:

▪ Complete Tax assessment of Salaries
Lecture PLO 3 CLO 5 Comprehension
Person with calculation of income tax

09 Income from property:

▪ Scope of income from property,
advance against a rented building, Lecture PLO 3 CLO 3 Comprehension
amount received for vacating the
possession of a property, admissible

257
 deductions, irrecoverable rent for the
current year
10 Income from property(cont.):
▪ Recovery of unrealized rent, non-payment
of an allowable deduction, payment of an
Lecture Assignment 1 PLO 1 CLO 3 Comprehension
unpaid liability, owner’s burden payable by
tenant, repair charges payable by tenant,
deduction of tax from rent.
11 Income from property(cont.):
▪ Computation of taxable income from Lecture PLO 3 CLO 3 Comprehension
property of Individual.
12 Income from property(cont.):
▪ Computation of taxable income from Lecture PLO 3 CLO 3 Comprehension
property of AoP and company.
13 Income from Capital gains:
▪ Capital assets, computation of capital gain,
gain on disposal after one year, capital gain
Lecture PLO 3 CLO 3 Comprehension
on immovable property, capital gain on
disposal of securities, treatment of capital
losses.
14 Income from other sources:
▪ Taxability of income from other sources. Lecture PLO 3 CLO 3 Comprehension

15 Computation of Income tax payable by

individual: Lecture PLO 3 CLO 5 Comprehension
▪ Computation of Income tax payable by
individual including all heads of income
258
16 Computation of Income tax payable by
individual (Cont.): Lecture PLO 3 CLO 5 Comprehension
▪ Computation of Income tax payable by
individual including all heads of income
17 Filing of Return on IRIS Portal:
▪ Registration of unregistered person, Lecture Quiz 2 PLO 3 CLO 5 Comprehension
entering data of income, personal expenses,
assets/liabilities,
18 Filing of Return on IRIS Portal (Cont.):
▪ Wealth reconciliation, filing of income tax Lecture PLO 3 CLO 5 Comprehension
return.
19 Process for Payment of tax and assessment:
▪ Deduction of tax at source, advance Lecture Assignment 2 PLO 3 CLO 5 Comprehension
payment of tax, assessment procedure.
20 Process for Payment of tax and assessment
(Cont.): Lecture PLO 3 CLO 5 Comprehension
▪ Deduction of tax at source, advance
payment of tax, assessment procedure.
21 Filing of return of total income:
▪ Date of filing of return, period of Lecture
Quiz 3 PLO 1 CLO 5 Comprehension
return, extension in the filing period,
method of furnishing return
22 Filing of return of total income (Cont.):
Lecture PLO 3 CLO 4 Comprehension
▪ E Filling of return
23 Income from business: Lecture PLO 3 CLO 2 Comprehension

259
 ▪ Calculation of income tax on income from
business of AoP’s
24 Income from business:
■ Calculation of income tax on income from Lecture Assignment 3 PLO 3 CLO 2 Comprehension
business of companies
25 Sales Tax Act 1990:
▪ Definitions as given in section 2 of Sales Tax Lecture PLO 1 CLO 1 Knowledge
Act 1990.
26 Sales Tax Act 1990:
▪ Requirements for sales tax registration,
fulfillment of sales tax registration form.
Scope of sales tax: Tax on supplied to non-
registered person, Sales tax rates, extra tax, Lecture PLO 3 CLO 1 Comprehension
charging tax at zero percent, time manner
and amount of payment, adjustable input
tax, debit and credit note, computation of
sales tax liability. Adjustment of The Duty
▪ Zero Rate of Duty
27 Filing of sales tax return:
▪ Legal requirements regarding the
filing of monthly sales tax return,
PLO 1 CLO 5 Comprehension
computation of sales tax payable or
sales tax refund, sales tax accounting.
E Filing.
28 Filing of sales tax return:
Lecture PLO 1 CLO 5 Comprehension
▪ E Filing.
260
 Semester – VII
CODE COURSE CREDITS

AFFN-446 Investment & Portfolio Management 3

AFSS-401 Foreign Language (German) 3

AFAC-446 International Financial Reporting Standards 3

Elective - Accounting & Financial Information
3
Systems
Elective - Merger Acquisition & Restructuring
3
(Mor/Aft)

Elective - Financial Modelling (Morning) 3

261
Course Title: Foreign Language (German)
Course Code:
Credit Hours: 3+0

Course Instructor:

Mode of Contact:

LEARNING OBJECTIVES

Understand and use familiar, everyday expressions and very simple sentences, which relate to satisfying of concrete needs. Introduction of him/her and others as well as ask others
about themselves.

LEARNING OUTCOMES
On completion of this course, successful students will be able to:

1. Understand and use familiar, everyday expressions and very simple sentences, which relate to the satisfying of concrete needs.
2. Introduce him/herself and others as well as ask others about themselves.
3. Communicate about where they live, who they know and what they own, and what they need etc.

READINGS:
This is a beginner level therefore only a couple of text books are suggested to students, because students at this level are unable to read on their own.
Menschen A1.1 Deutsch Als Fremdsprache
Studio d, A1

CONTENT OUTLINE:

Note: All classes will be live and interactive. No pre-recorded lectures will be provided because language class needs live interaction.
262
WEEK / DATE LECTURE TOPIC NOTES

Week 1 Oral Drilling & Speaking (Greetings,, Counting 1-10, Intro questions, Questions)
Oral Drilling & Speaking (Times of day, Counting 21-100, Days of Week, Months, Seasons of a Year,)
Week 2

Week 3 Odinals numbers 0-20, Years i.e 1990, Questions, Alphabets, Combination of alphabets and their sounds

Combination of alphabets and their sounds

Week 4
Grammar: Writing & Revision, Personal Pronouns & exercises, Verbs and conjugation

Grammar: Verbs and conjugation, Articles (Definite & indefinite, Possessive) & Exercises, Family
Week 5

Week 6
Grammer: Possessive article and exercise
Speaking & Writing(How to make simple questions, Time and preposition of time) & exercises

Revision, Speaking & Writing(Modal Verbs), Exercises, Negation

Week 7

Grammar (Intro to Akkusativ, Exercises)

Week 8

Formal Email & Form Filling

Week 9
Revision
Week 10
263
 Exam
Week 11

Paper Checking & Result compiling

Week 12

NB: This schedule is subject to change.

264
 Course Title: Investment & Portfolio Management
Course Code:
Credit Hours: 3
Course Instructor:
Mode of Contact:

You can contact your module instructor in the following ways:

Email:

Meeting: By appointment via e-mail

Prerequisites:
As an advanced accounting and finance course, the student must have an understanding of Principles of Accounting, Financial Accounting, Cost Accounting, Managerial
Accounting, and Financial Management.

Textbook / Reference Books:

• “Investment Analysis and Portfolio Management” by Frank K. Reilly and Keith C. Brown (10th or latter edition)
• “Investments Analysis and Management” by Charles P. Jones
• “Investments” by BodieZvi, Kane Alex, and Marcus Alan

Course Description:
This course is intended to introduce the concepts and tools of security analysis and portfolio management. The course content covers market structure and
trade execution, client characteristics and their effect on portfolio construction, the asset allocation decisions, the security allocation decisions by considering
the risk and return, market efficiency and trading strategies. Major topics include estimation of capital market parameters, trade-off between risk and return,
optimal portfolio selection, equilibrium asset pricing models, and delegated portfolio management. The course material is tilted heavily towards equity
markets. In addition, selected topics related to portfolio risk management and portfolio performance evaluation will be discussed.

265
 Course Objectives
This course aims to provide students with understanding about:
CLO 1. The basic concepts of investment and portfolio management
CLO 2. To study theory and empirical evidence relevant for portfolio management.
CLO 3. To understand how an investment professional would allocate funds in a hypothetical portfolio.
CLO 4. The development of techniques that should be part of the tool kit of those interested in becoming professional investors and/or researchers in finance.

Teaching Learning Objectives

On completion of this course students should:

TLO1. Have an understanding of the nature of an investment, the characteristics of financial assets, the investment environment and its impact
on the economy
TLO2. . Be able to describe the investment management process and understand the role of objectives and strategy in the portfolio construction
process
TLO 3. Be familiar with the concepts of modern portfolio theory and have an intuitive understanding of asset pricing models
TLO 4. Have an understanding of the influence of macroeconomic and microeconomic factors on securities markets and the pricing of financial
assets
TLO 5 Be able to display competence in the use of various methods of fundamental analysis to value shares
TLO 6. Understand various approaches used in portfolio management
TLO 7. Understand the issues associated with the evaluation of portfolio performance and apply various performance evaluation techniques.

Teaching Methodology
Lectures, applied assignments from the market data, and discussions and presentations are planned as class activities. All students are advised
to participate in said activities, failing which students will suffer in respect of learning and grades. Consistent with the course objectives, lectures will
address learning objectives associated with weekly topics (as outlined in the weekly schedule), including basic principles and working examples.
While lectures will closely parallel material contained in assigned readings, they are not substitutes. In particular, the lectures will clarify, expand and
266
 where necessary, update the material contained in assigned readings. In addition to lectures, the following learning activities will remain the focus
of students’ attention.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

Module Contents

267
 Learning Assessment Thinking
Lecture Scheduled Topic PLO12 CLO
Activity Activity Level
01 The Investment Setting
■ Relationship between Risk and Return
CLO
■ Revisions of Finance basics Lecture PLO 8 Comprehension
2
■ What is an investment

02 The Investment Setting

■ Investments: background and issues CLO
Lecture PLO 8 Comprehension
■ Measuring risk and return 2

03 The Investment Setting

■ Measures of historical/expected rates of return CLO
Lecture PLO 8 Comprehension
■ Risk measures for historical/expected returns 2
 Determinants of required rates of return
04 The Investment Setting
■ Determinants of required rates of return CLO
Lecture PLO 8 Comprehension
■ Nominal and real risk-free rate 2

05 The Investment Setting

■ Risk premium CLO
Lecture PLO 8 Comprehension
■ Risk Premium and portfolio theory 2
■ Relationship between Risk and Return
06 The Asset Allocation Decisions Assignment CLO
Lecture PLO 8 Comprehension
■ SML line 1 2

268
 ■ Changes in the SML line Quiz 1
■ Individual Investor Lifecycle
07 The Asset Allocation Decisions
CLO
■ The Portfolio Management Process Lecture PLO 8 Comprehension
2
■ The need for Policy Statement
08 The Asset Allocation Decisions
■ Input to the Policy Statement The importance of asset allocation CLO
Lecture PLO 8 Evaluation
■ Objectives and Constraints of Institutional Investors 2

09 Setting investment in a Global Market

■ The case for global investments CLO

Lecture PLO 8 Evaluation
■ Global Investment Choices 2
■ Fixed-Income Investments
■ Equity Investments
10 ■ Special Equity instruments
CLO
■ Options Lecture PLO 8 Evaluation
2
■ Futures Contracts
11 Special Equity instruments
CLO
■ Historical Risk and Return on Alternative Investments Lecture PLO 8 Knowledge
2

12 Organization and Functioning of Securities Markets

■ What is Market?
Assignment
■ Types of Markets CLO
Lecture 2 PLO 8 Knowledge
■ Money Vs Capital Markets 2
Quiz 2
■ Primary Vs Capital Markets
■ Debt Vs Equity Markets
269
 ■ Regional exchanges and the over-the-counter market
13 Organization and Functioning of Securities Markets
■ Detailed Analysis of Exchange Markets
■ How Securities are traded CLO
Lecture PLO 8 Knowledge
■ Types of Orders 3
■ Changes in the Securities Markets

14 Security Market Indicator Series

■ Uses of Security Market Indexes

CLO
■ Differentiating Factors in Constructing Market Indexes Lecture PLO 8 Knowledge
3
■ Stock Market Indicator Series

15 Security Market Indicator Series

CLO
■ Value-Weighted Series Lecture PLO 8 Knowledge
3
■ Price-Weighted Series
■ Un-weighted or Equal-Weighted Series
16 Security Market Indicator Series
CLO
■ Annual security risk-returns and correlations Lecture PLO 8 Comprehension
3
■ Comparison of Indexes Over Time
17 Efficient Capital Markets
■ Why should capital markets be efficient?
CLO
■ Alternative efficient market hypotheses Lecture PLO 8 Comprehension
3
■ Implications of efficient capital markets

270
18 Efficient Capital Markets
■ Tests and results of efficient market hypotheses
■ Weak form hypothesis: Tests and results CLO
Lecture PLO 8 Comprehension
■ Semi-strong form hypothesis: Tests and results 3
■ Strong form hypothesis: Tests and results

19 An Introduction to Portfolio Management

■ Background assumptions CLO
Lecture PLO 8 Comprehension
■ Markowitz portfolio theory 3

20 An Introduction to Portfolio Management

■ Risk and return of a portfolio
CLO
■ Measuring risk and return Lecture PLO 8 Comprehension
3
■ Expected return for individual investment

21 An Introduction to Portfolio Management

■ Expected return for a portfolio CLO
Lecture PLO 8 Comprehension
■ Variance and standard deviation of return for an individual investment 3

22 An Introduction to Portfolio Management

■ Variance and standard deviation of return for a portfolio CLO
Lecture PLO 8 Comprehension
■ More than two assets portfolio and estimation issues 3

23 An Introduction to Portfolio Management

■ The efficient frontier CLO
Lecture PLO 8 Comprehension
■ The efficient frontier and investor utility 3

271
24 An Introduction to Asset Pricing Model
■ Capital market theory: An overview CLO
Lecture PLO 8 Comprehension
■ Risk-free asset 3

25 An Introduction to Asset Pricing Model

■ Market portfolio CLO
Lecture PLO 8 Comprehension
■ The Capital Asset Pricing Model: Expected return and risk 3

26 An Introduction to Asset Pricing Model

■ Relaxing the assumptions
CLO
Lecture PLO 8 Comprehension
3

27 An Introduction to Asset Pricing Model

CLO
■ Differentiating borrowing and lending rate Lecture PLO 8 Comprehension
3
28 An Introduction to Asset Pricing Model
■ Transaction costs CLO
Lecture PLO 8 Comprehension
■ Heterogeneous expectations and planning periods Taxes 3

29 Multifactor models of risk & Return

CLO
■ The market portfolio: theory versus practice Lecture PLO 8 Comprehension
3
30 Multifactor models of risk & Return CLO
Lecture PLO 8 Comprehension
■ Arbitrage Pricing theory 3

272
 31 Multifactor models of risk & Return
■ Practical application of APT CLO
Lecture PLO 8 Comprehension
■ Assumptions and using APT 3

32 Multifactor models of risk & Return

■ Comparison of different theories of Risk and return CLO
Lecture PLO 8 Comprehension
■ Practical implication of theories 3

Note: The course is planned for 30 students. In case of less or more than 30 students course plan will be changed by the instructor.

The students who earn the BSAF degree will be able to (PLOs):
i. Understand the key concepts of accounting and finance.
ii. Describe the financial information standards, finance theories and practices of accounting and finance.
iii. Enhance the cognitive ability to use the techniques and technologies novel in the field of accounting and finance.
iv. Develop the analytical and critical skills to evaluate and solve the problems of accounting and finance.
v. Plan, construct and design the decision making aspects of the accounting and finance problems encountered locally as well as globally.
vi. Appraise measure and interpret the accounting inferential information based on the right concepts.
vii. Apply the ethical traits inculcated to become socially responsible accounting and finance professionals.
viii. Foster the interpersonal skills and the teamwork attributes.

273
 Course Title: International Financial Reporting Standards (IFRS)
Course Code:
Credit Hours: 3+0

Course Instructor: Asad Yaqub

Mode of Contact"
You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

PREREQUISITES: You must have an understanding of Financial Accounting

Textbook:
• Financial Accounting - Study Text from ACCA by Kaplan Publisher
• Financial Reporting – Study Text from ACCA by Kaplan Publisher

Reference Material:
• Intermediate Accounting, Donald E. Kieso / Jerry J. Weygandt / Terry D. Warfield, John Willey & Sons, Latest Edition
• Financial Accounting and Reporting II, The Institute of Chartered Accountants of Pakistan (ICAP) Text Publication.

Course Description: International Financial Reporting Standard course is an advance course for advance financial accounting and it is designed to provide
students with financial reporting skills that are applicable in an international professional environment. This course is designed to enable students to fulfill the
274
supply of professional accountants in the market. This subject is based on the International Financial Reporting Standards (IFRSs) which are issued by the
International Accounting Standards Board (IASB) and many international jurisdictions have adopted or are progressively adopting the IFRSs. The course then
concentrates in depth on recording, processing, and reporting business transactions and events finally students will be requiring the preparation of simple
consolidated financial statements from the individual financial statements of group incorporated entities.

Course Objectives and Learning Outcomes: Members of the accounting profession who provide assurance services for financial reports also require
a good understanding of the IFRSs thus this course will enable students to draft financial statements in accordance with International Accounting
Standards (IASs) which are required for preparation and presentation of financial outcomes of the entity. Moreover, the students are expected to use
knowledge and understanding of more advanced financial accounting, for preparing and interpreting financial statements in the context of practice.
Topics include fair value, revenue, provisions and contingencies, income tax, non-current assets, intangible assets and goodwill, leases, employee
benefits and financial reporting for single and group, and accounting for financial instruments. Students will be equipped with tools to guide ethical
decision making in a professional context.

The course objectives are to:

• Evaluate the uses of the international regulatory framework, including international standards of accounting and auditing and comparative
accounting systems and analysis in financial reporting
• Account for transactions in accordance with International IFRS Standards
• Learn about the standard disclosures and presentations
• Prepare group financial statements, in accordance with the requirements of the Companies Act, 2017, International Financial Reporting Standards
(IFRS), International Accounting Standards (IAS) and IFAC Guidelines.
• Understand how associates and joint ventures are shown in the group accounts get acquainted with complex groups and business combinations
with sub-subsidiaries and their accounting treatment in the group accounts.
• Understand the reporting requirements for listed and unlisted public limited companies
• Analyze and interpret the financial reports of listed and unlisted public limited companies and financial institutions.

275
 ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100
COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Conceptual Framework For Financial Reporting
■ Introduction to Financial Reporting,
Lecture PLO 2 CLO 1 Comprehension
Financial Reporting Function, Financial
Statements.

276
 ■ Introduction to Published Financial
Statements as per IAS/IFRS. Accounting
standards and
02 ■ Explain and compare the different
measures methods including historical
cost, fair value/current value, net realizable
value (NRV) and present value (PV) of
future cash flows.
Lecture PLO 2 CLO 1 Comprehension
■ Describe the advantages and
disadvantages of each of measurement
methods.
■ Describe the concepts of financial and
physical capital maintenance.
03 IAS23- Borrowings
■ Describe the Borrowings as per IAS 23.
Lecture PLO 2 CLO 2 Comprehension
■ Accounting treatment of non-current assets
as per IAS 23.
04 IAS20- Government Grants
■ Measurement and recognition issues relating Lecture PLO 2 CLO 2 Comprehension
to Governments grants as per IAS 20.
05 ■ Practice questions for IAS 23 and IAS 20 Lecture PLO 2 CLO 2 Comprehension
06 IAS 41: Agriculture
■ Define key terms in relation to agriculture per
IAS 41. Lecture Quiz 1 PLO 2 CLO 2 Comprehension
■ Apply the principles of IAS 41 with regard to
the valuation of agriculture items.

277
07 ■ Practice questions for IAS 41 Lecture PLO 2 CLO 2 Comprehension
08 IAS 8: Accounting Policies, Changes in Accounting
Estimates and Errors
■ Describe how IAS 8 applies the principle of
comparability where an entity changes its Lecture PLO 2 CLO 2 Comprehension
accounting policies.
■ Recognize and account for a prior period
adjustment
09 ■ Practice questions for IAS 8 Lecture PLO 2 CLO 2 Comprehension
10 IFRS 5: Non-Current Assets Held for Sale and
Discontinued Operations
■ Explain the importance of identifying and
Assignment 1
reporting the results of continuing and Lecture PLO 2 CLO 2 Comprehension
discontinued operations.
■ Define non-current assets held for sale.
■ Account for non-current assets held for sale
11 ■ Define discontinued operations. Account for
discontinued operations.
■ Identify circumstances where separate Lecture PLO 2 CLO 2 Comprehension
disclosure of material items of income and
expense is required.
12 ■ Practice questions for NCA held for sale and
Lecture PLO 2 CLO2 Comprehension
Discontinued operations
13 IAS 33: Earnings Per Share Assignment 2 CLO 2
Lecture PLO 2 Comprehension
Quiz 2 &6

278
 ■ Earnings Per Share: Scope, Objectives, and
Implications
■ Share issuance, Re-Issuance, Stock Options,
Stock Splits
14 ■ Calculating the diluted EPS in accordance with CLO 2
Lecture PLO 2 Comprehension
IAS 33 &6
15 IFRS 9: Financial Instruments
■ Introduction to Financial assets and financial
liabilities.
■ Define financial instruments in terms of Lecture PLO 2 CLO 2 Comprehension
financial assets and financial liabilities.
■ Distinguish between the categories of
financial instruments
16 IAS 32: Financial Instruments presentation
■ Indicate for the categories of financial
instruments how they should be measured
and how any gains and losses from
subsequent measurement should be treated Lecture PLO 2 CLO 3 Comprehension
in the financial statements.
■ Explain how fair value through profit or loss
financial instruments should be measured and
how any gains/losses from subsequent

279
 measurement should be treated in the
financial statements
17 IFRS 7: Financial Instruments Disclosures
■ Distinguish between debt and equity capital.
■ Account for the issue of redeemable preference
shares and payment of preference share dividends
■ Account for the issue of debt instruments with no
Lecture PLO 2 CLO 3 Comprehension
conversion rights and the payment of interest.
■ Account for compound instruments.
■ Account for the de recognition of financial
instruments, including issues surrounding
factoring.
18 ■ Practise questions related to Financial
Lecture PLO 2 CLO 3 Comprehension
Instruments
19 IFRS 15: Revenue from contracts
■ Scope and objectives, accounting
requirements for revenue, the five-step Lecture PLO 2 CLO 2 Comprehension
model framework, recognition of revenue,
contract cost, implementation guidance.
20 ■ Presentation of revenue from contracts in financial Assignment 3
statements, impairment related to contracts, Lecture PLO 2 CLO 3 Comprehension
disclosures.
21 IAS 21: The effects of changes in Foreign Exchange
Rate
■ Define presentation and functional currencies. Lecture PLO 2 CLO 2 Comprehension
■ Record transactions related to a foreign currency
in Accordance with IAS 21.

280
22
Lecture PLO 2 CLO 2 Comprehension
■ Practice questions related to IAS 21
23 IFRS 10: Consolidated Financial Statements
■ The concept of a group of companies, parent
and Lecture PLO 2 CLO 4 Comprehension
the subsidiary company, control model, wholly
owned and partially owned subsidiaries.
24 ■ Circumstances in which an entity is required to
prepare and present consolidated financial
statements.
Lecture Quiz 3 PLO 2 CLO 4 Comprehension
■ Purpose and nature of consolidated FS,
requirements to prepare consolidated
accounts, group as a single economic entity.
25 ■ Prepare a consolidated statement of financial
position for a group
■ Calculation on consolidated retained earnings,
pre-acquisition and post-acquisition profits Lecture PLO 2 CLO 4 Comprehension
other reserves, adjustment for acquisition-
related costs, intangible assets and fair value
adjustments.
26 ■ Prepare a consolidated statement of profit or
loss for a simple group and a non-controlling
interest. Lecture PLO 2 CLO 4 Comprehension
■ Account for the effects of intra-group trading
in the statement of profit or loss; prepare a
281
 consolidated statement of profit or loss for a
simple group with an acquisition in the period
and non-controlling interest, account for
impairment of goodwill, prepare a
consolidated statement of profit or loss and
other comprehensive income.
27 IAS 28 Investments in Associates and Joint Ventures
■ Explain the principles and reasoning for the
use of equity accounting.
■ Prepare a consolidated statement of financial Lecture PLO 2 CLO 5 Comprehension
position to include a single subsidiary and an
associate. Prepare a consolidated statement
of profit or loss to include a single subsidiary
and an associate.
28 Interpretation of financial statements
■ Analyze and interpret ratios to give an
assessment of an entity’s performance and
financial position in comparison with another
similar entity for the same period. Lecture PLO 6 CLO 7 Comprehension
■ Analyze and interpret ratios to give an
assessment of an entity’s performance and
financial position in comparison with industry
average ratios.

282
■ Interpret an entity’s financial statements to
give advice from the perspective of different
stakeholders

283
Course Title: Financial Modelling
Course Code: AFFN-462
Credit Hours: 3
Course Instructor:
Mode of Contact: Face-to-Face

You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

PREREQUISITES: Financial Management, Corporate Finance

Textbook:
Financial Modeling by SIMON BENNINGA and TAL MOFKADI (5th Edition)

Course Description:
This course is built on finance theory, financial strategy, and quantitative analysis taught in pre-requisite courses. The course extensively uses Microsoft Excel to tackle
several questions faced by financial analysts. The students are equipped with the skills to construct, analyze, and interpret financial models for decision-making. The
course emphasizes practical applications, including forecasting financial statements, valuation techniques, event analysis, regression analysis, and risk assessment. By
the end of the course, students will be proficient in creating robust models to solve real-world financial problems.

Course Objectives:
CO 1: To experience hand on practices on numerical analyses, graphical illustrations, and customized formatting that arise out of applications on forecasting
financial statement.
CO 2: To design and develop financial models for solving complex financial questions.

284
CO 3: To estimate costs of capital, perform valuation analysis, construct efficient portfolio, compute covariance matrix, conduct event and regression analysis, and
measure value at risk.

Course Learning Outcomes:

CLO 1: Understand formulas functions and commands of Microsoft Excel for financial calculations.
CLO 2: Confidently apply finance theory and concepts to construct spreadsheet models.
CLO 3: Gain hands on experience in designing and implementing their own financial models.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
Internal Evaluation
3
Breakdown
Quiz(s)
Assignments(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical
Project
Any Other
Grand Total 20

285
COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
Introduction of course and course contents:

01 CHAPTER 30: Excel Functions Lecture PLO4 CLO1 Knowledge

• MS Excel Basics
• Conditional functions: IF, COUNTIF, AVERAGEIF
• Reference functions: VLOOKUP, HLOOKUP
02 Lecture PLO4 CLO1 Knowledge
• Absolute and Relative Referencing
CHAPTER 29: Matrices
03 CHAPTER 31: Array Functions Lecture PLO4 CLO1 Knowledge
• Calculation and Operation of Arrays and Matrices
CHAPTER 28: Data Tables
04 • One-dimensional and Two-dimensional data table Lecture PLO4 CLO1 Knowledge
analysis through NPV and IRR functions
CHAPTER 1: Basic Financial Analysis
05 • Present value and Net Present Value Lecture PLO4 CLO1 Knowledge
• The Present Value of an Annuity and a Perpetuity
• Determining the IRR by Trial and Error using Goal Seek Assignment 1
06 Lecture PLO4 CLO1 Knowledge
Future values and applications Quiz 1
CHAPTER 3: Calculating the Weighted Average Cost
of Capital (WACC)
07 • Overview Lecture PLO4 CLO2 Comprehension
• Computing the Value of the Firm’s Equity
• Computing the Value of the Firm’s Debt

286
 • Computing the Firm’s Tax Rate
• Computing the Firm’s Cost of Debt
Two Approaches to Computing the Firm’s Cost of
Equity
• Using The Gordon Dividend Model

• Using the Capital Asset Pricing Model,

Comprehensio
08 Computing the Beta, β Lecture PLO5 CLO2
n
• Computing the WACC
CHAPTER 4: Pro Forma Analysis and
Valuation Based on the Discounted Cash
Comprehensio
09 Flow Approach Lecture PLO5 CLO3
n
• How Financial Models Works: Theory and
Initial Example
• Measuring Free Cash Flow
Comprehensio
10 • Discussion/Notes on the Valuation Lecture PLO5 CLO3
n
Procedure
CHAPTER 5: Building a Pro Forma Model:
The Case of Merck
11 Lecture PLO5 CLO3 Knowledge
• Merck’s Financial Statements, 2015–2018
• Analyzing the Financial Statements
Assignment 2
12 • Using the Model to Value Merck Lecture PLO5 CLO3 Knowledge
Quiz 2
CHAPTER 6: Financial Analysis of Leasing
• Leasing and Firm Financing—the
13 Lecture PLO5 CLO2 Knowledge
Equivalent-Loan Method
• Why Do We Decide against the Lease?

287
 • The Lessor’s Problem: Calculating the
Highest Acceptable Lease Rental
• Asset residual values and other
14 considerations Lecture PLO5 CLO2 Knowledge
• Leveraged Leasing
CHAPTER 10: Portfolio Models
• Computing Descriptive Statistics for
Stocks
Comprehensio
15 • Return and Volatility for Apple (AAPL) Lecture PLO5 CLO3
n
and Kellogg (K)
• Computing Covariance and Correlation
Coefficient
• Calculating Portfolio Means and
16 Variances Lecture PLO5 CLO3 Knowledge
• Efficient Portfolio Calculation
CHAPTER 13: Estimating Beta and the
Security Market Line
17 Lecture PLO4 CLO2 Knowledge
• Overview
• Testing the Security Market Line

• The Non-efficiency of the “Market Portfolio”

18 Lecture PLO4 CLO2 Comprehension
• Testing of CAPM Model
CHAPTER 14: Event Studies
19 • Outline of an event study Lecture PLO4 CLO3 Comprehension
• An initial Event study
Assignment 3
20 • A Fuller Event study Lecture PLO4 CLO2 Comprehension
Quiz 3
21 CHAPTER 30: Excel Functions: Lecture PLO4 CLO3 Knowledge
288
 Doing Regression Analysis
• How to calculate regression
beta line, coefficient

22 • Testing of Regression Assumptions Lecture PLO4 CLO3 Knowledge

CHAPTER 22: An introduction to Monte-Carlo

Methods
23 Lecture PLO5 CLO3 Knowledge
• Another Monte Carlo Problem: Investment and
Retirement

24 • A Monte Carlo Simulation of the Investment Problem Lecture PLO5 CLO3 Comprehension
CHAPTER 25: Value at Risk (VaR)
25 • Overview of VaR Lecture PLO5 CLO3 Comprehension
• A really simple example
The Three Types of VaR Models
• Analytic VaR
26 Lecture PLO5 CLO3 Comprehension
• Monte Carlo VaR
• Historical VaR
27 Final Project Presentations PLO5 CLO3 Creation
28 Final Project Presentations PLO5 CLO3 Creation

289
Course Title: Merger, Acquisitions and Corporate Restructuring
Course Code:
Credit Hours: 3
Course Instructor:
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

Prerequisites: Mergers, Acquisition and Corporate Restructuring is a specialization course of finance at MBA level and assumes that the student must have understanding of
Financial Accounting, Managerial Accounting, Financial Management, particularly Corporate Finance and Corporate Governance

Textbook:
• Gaughan, Patrick, A., (2007). Mergers, Acquisitions, and Corporate Restructurings (4th Edition) John Wiley & Sons, New York

Pre-Requisite Material/ Reference Books

Students can use following reference books for understanding the concepts:
• Fundamentals of Financial Management (10th Edition) By: Brigham and Houston.
• An Introduction To Financial Management (Latest Edition) By: Gary L Trennepohl and James E.Wert,& Glenn V.Henderson.
• Fundamentals of Financial Management. (11th or 13th Edition) By:James. C. Van Horne & John M. Wachowicz, JR.
• International Financial Management (Latest Edition) By : Sweeny H.W.Allen & Rachlen Robert Class Handouts
• Fundamentals of Corporate Finance (5th Edition Chapter # 18 only) By: Brealey/Myers/Marcus
• Introduction to corporate finance (Latest Edition) By : Stephen A. Ross & Randolph W. Westerfield,

290
Course Description:
Mergers and acquisitions is the area of corporate finance, devoted to a judicious use of finances and a careful selection of target firms. This course provides an overview of the
mergers and acquisitions concepts; merger waves; introduces methods of mergers and acquisitions as well as the role that merged firms play in the markets today. The role of the
corporate managers is examined in expansion and restructuring decisions; discuss the different types of mergers and acquisitions; examine how the mechanism of mergers and
acquisitions works; understand rationale or motives of mergers and acquisitions and ultimately the firm/ enterprise value derived from such mergers and acquisitions; study the
science of takeovers, consolidation and divestitures in our economy; capturing the right target for a sustainable performance of a merged or acquired firm over time; examines the
strategies of target firm to avoid acquisition and understand issues before and after the process of mergers and acquisitions.

Course Objectives:
This course aims to provide students with understanding about:
CO 1. To understand the concept of mergers and acquisitions, historical waves and decision making process
CO 2. To understand the three major decision–making areas in financial management: the mergers and acquisitions, takeovers and corporate restructuring.
CO 3. To introduce students to the basics of mergers and acquisitions process, motives, merger types, consolidation, considerations and survival of merged firms.
CO 4. To learn about the impact of mergers and acquisitions on value of firm.
CO 5. To introduce students to major financial and other benefits and demerits of mergers, acquisitions, and corporate restructuring.

Course Learning Outcomes:

On completion of this course students should be able:
CLO 1. Understand the concept of mergers and acquisitions, historical waves and decision making process.
CLO 2. Be aware of the three major decision–making areas in financial management: the mergers and acquisitions, takeovers and corporate restructuring environment.
CLO 3: Enable the students to know the basics of mergers and acquisitions process, motives, merger types, consolidation, considerations and survival of merged firms.
CLO 4. Understand and be able to analyze the situations suitable for mergers and acquisitions and their future consequences on the firm value.
This will enhance the technical abilities of students.
CLO 5. Discuss the major financial and other benefits and demerits of mergers, acquisitions, and corporate restructuring.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

291
 1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO13 CLO
Activity Activity Level
01 ▪ Course overview, objectives and learning outcomes
▪ An Introduction to Mergers and Acquisitions
▪ Basic concept of mergers / Acquisitions /Consolidation/Takeovers/Reverse
▪ Mergers. CLO 1,
Lecture PLO 8 Knowledge
▪ Types of Mergers 3
▪ Recent M&A Trends
▪ Types of Mergers
▪ Merger Financing & procedure and issues related to the merger process

.
292
02 ▪ Leverage Buyouts
▪ Pvt Equity Market
▪ Corporate restructuring/ Divestitures/ Holding companies/case study presentation Case CLO 1,
PLO 8 Knowledge
▪ Leveraged Buyouts and the Private Equity Market discussion 3
▪ Corporate Restructuring
▪ Reverse Mergers Holding Companies
03 ▪ History of Mergers Merger Waves
▪ What Causes Merger Waves? First Wave, 1897–1904 Lecture PLO 8 CLO 1 Knowledge
▪ Second Wave, 1916–1929
04 ▪ The 1940s
▪ Third Wave, 1965–1969 Trendsetting Mergers of the 1970s Fourth Wave, 1984–1989 Lecture PLO 8 CLO 1 Knowledge
▪ Fifth Wave
05 ▪ Legal Framework
▪ Laws Governing Mergers, Acquisitions, and Tender Offers International Securities Laws
Relating to Takeovers
Lecture PLO 8 CLO 2 Knowledge
▪ The legal Frame work of M&A in Pakistan Antitakeover Laws
▪ Regulation of Insider Trading Antitrust Laws
▪ Antitrust Remedies
06 ▪ Reasons for Merger and Acquisitions & Strategies
▪ Growth, Strategy, Operating Synergy, Economies of Scale and Scope Case study
Case Assignment 1
presentations PLO 8 CLO 2 Comprehension
discussion Quiz 1
▪ Growth Synergy
▪ Operating Synergy
07 ▪ Financial Synergies Diversification
▪ Other Economic Motives Hubris Hypothesis of Takeovers Other Motives Lecture PLO 8 CLO 2 Knowledge
▪ Tax Motives
08 ▪ Chapter 6. Takeover Tactics Preliminary Takeover Steps Tactics by Legal Perspective
▪ Friendly Takeover Lecture PLO 8 CLO 2 Knowledge
▪ Hostile Takeovers
293
 ▪ Tender Offers
▪ Changing the State of Incorporation
▪ Open Market Purchases and Street Sweeps
▪ Advantages of Tender Offers over Open Market Purchases
▪ Arbitrage and the Downward Price Pressures Around M&A Announcements
▪ Creeping offer
▪ Proxy Fights
09 ▪ Tactics by Business Perspective
▪ Horizontal Takeover
Case
▪ Vertical Takeovers PLO 8 CLO 2 Comprehension
discussion
▪ Conglomerates
▪ Reverse Takeover Case study
10 ▪ Antitakeover Measures/Defensive Techniques
▪ Management Entrenchment Hypothesis versus SH’s intervention/ Stockholder Interests
Hypothesis Lecture PLO 8 CLO 2 Knowledge
▪ Active Antitakeover Defenses
▪ Information Content of Takeover Resistance Financial Defenses
11 ▪ Green Mail White mail
▪ Pack Man Defense
Lecture PLO 8 CLO 2 Knowledge
▪ Poison Pills (flip in, flip over, Preferred Stock, shadow Pills) Dead-hand provisions
▪ Jonestown Defense/Suicide Pill, Shareholder’s activism , Poison puts
12 ▪ White Knight White Squire Gray Knight Staggered Boards
▪ Anti-takeover amendments (supermajority and fair price amendments) Anti-takeover Assignment 2
Lecture PLO 8 CLO 2 Knowledge
amendments and shareholder’s return Quiz 2
▪ State laws
13 ▪ Golden parachutes Pension parachutes People pill
Lecture PLO 8 CLO 2 Knowledge
▪ Shark repellents Safe harbor Treasury stock Crown jewel defense
14 ▪ Macaroni defense Nancy Reagan defense Killer Bees
Lecture PLO 8 CLO 2 Knowledge
▪ Leveraged recapitalization Lock up provision Lollipop defense
294
 ▪ Shark repellents
15 ▪ Leveraged Buyouts Historical Trends in LBOs
▪ Costs of Being a Public Company Management Buyouts
▪ Conflicts of Interest in Management Buyouts Financing for Leveraged Buyouts Capital Lecture PLO 8 CLO 3 Knowledge
Structure of LBOs
▪ Reverse LBOs, Protection for Creditors
16 ▪ Valuation of Mergers and Acquisitions Valuation Methods: Science or Art?
▪ Managing Value as an Antitakeover Defense Desirable Financial Characteristics of Targets
Lecture PLO 8 CLO 4 Knowledge
Benchmarks of Value
▪ Valuation of the Target’s Equity
17 ▪ Valuation methods/discount rates calculation
▪ Cashflow theory, free cashflow and discounted cashflow Book Value/net worth, liquidation Lecture PLO 8 CLO 4 Knowledge
value and Enterprise value Net present value and net terminal value
18 ▪ Valuation by Constant growth, zero growth and varying growth models comparison,
Lecture PLO 8 CLO 5 Knowledge
Benefits, limitations and implication of all valuation methods
19 ▪ Exchange rate, EPS pre and post-merger, dilution of EPS and Price earnings ratio paid,
Lecture PLO 8 CLO 4 Knowledge
optimal offer price and breakeven calculations/discussion/illustration
20 ▪ Takeovers and Control Premiums Assignment 3
Lecture PLO 8 CLO 4 Knowledge
▪ Valuation of Stock-for-Stock Exchanges, Exchange Ratio Quiz 3
21 ▪ How to analyze a comprehensive case study of the subject?
Case
▪ Sample: HP Compaq case study detailed analysis with respect to the mergers, acquisitions PLO 8 CLO 4 Comprehension
discussion
and takeovers overall and valuation concepts
22 ▪ Trends in the Financing of Takeovers and Going Private Transactions Including Hedge Funds
and Private Equity Funds
Lecture PLO 8 CLO 5 Knowledge
▪ Trends in Cash versus Stock Percentage of Takeover Financing Shareholder Wealth Effects
and Methods of Payment
23 ▪ Private Equity Market Hedge Funds
▪ Junk Bonds Financing of Takeovers Stapled Financing Lecture PLO 8 CLO 2 Knowledge
▪ Securitization and M&A Financing
295
24 ▪ Employee Stock Ownership Plans Historical Growth of ESOPs Types of Plans
▪ Characteristics of ESOPs
▪ Leveraged versus Unleveraged ESOPs Corporate Finance Uses of ESOPs Voting of ESOP
Lecture PLO 8 CLO 2 Knowledge
Shares
▪ Cash Flow Implications
▪ ESOPs as an Antitakeover Defense
25 ▪ Corporate Restructuring Divestitures
▪ Divestiture and Spinoff Process Lecture PLO 8 CLO 2 Knowledge
▪ Wealth Effects of Selloffs
26 ▪ Equity Carve-outs
Lecture PLO 8 CLO 2 Knowledge
▪ Voluntary Liquidations, or Bustups Tracking Stocks
27 ▪ Restructuring in Bankruptcy Types of Business Failure Causes of Business Failure Bankruptcy
Trends Lecture PLO 8 CLO 2 Knowledge
▪ Reorganization versus Liquidation
28 ▪ Joint Ventures and Strategic Alliances Contractual Agreements
▪ Comparing Strategic Alliances and Joint Ventures with Mergers and Acquisitions Lecture PLO 8 CLO 5 Knowledge
Governance of Strategic Alliances

296
Course Title: Accounting & Financial Information System
Course Code: ACCT-476
Credit Hours: 3
Course Instructor:
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

Prerequisites: As an advanced accounting and finance course, the student must have an understanding of Principles of Accounting, Financial Accounting, Cost Accounting,
Managerial Accounting, and Financial Management.

Textbook / Reference Books:

• QuickBooks 2016 – the missing manual by Bonnie Biafore (For QuickBooks Desktop version)
• QuickBooks 2021 For Dummies by Stephen L. Nelson
• Mastering QuickBooks 2022 by Crystalynn Shelton, 3rd Edition (For QuickBooks Online version)

Course Description:
This course is based on accounting software named QuickBooks which has been designed for extensive learning and application of accounting. This course is a practical application
of accounting concepts by utilizing QuickBooks software. This course mainly covers creating and maintaining company accounting information, customers and vendors database,
inventory management, and payroll information, in addition to processing the accounting cycle. The course also focuses on the generation of accounting and financial reports and
their application to business decisions. The course is aimed to develop an understanding of basic accounting concepts for use in a computerized accounting environment by utilizing
QuickBooks and MS Excel.

Course Objectives:
CO 1: To introduce QuickBooks for setting up a company and creating backup/restore files.
297
 CO 2: To discuss the basic financial accounting tools related to chart of accounts, customers, vendors, inventory, employees, sales, purchases, payroll, etc.
CO 3: To discuss the management of invoicing, account receivables, expenses, and inventory.
CO 4: To introduce the role of financial reports in business decision making.

Course Learning Outcomes:

CLO 1: Identify the basic QuickBooks features; basic screens, windows, and other tools used in the software.
CLO 2: Set up the chart of accounts (COAs) and manage records of customer, vendors, inventory, employees, sales, purchases, payroll, etc.
CLO 3: Managing invoicing, account receivables, expenses, and inventory.
CLO 4: Produce and evaluate the financial reports and discuss its significance for decision-making.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

298
 COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO14 CLO
Activity Activity Level
01 • Revision of accounting concepts
• Introduction to softwares
CHAPTER 1: Introduction to QuickBooks Lecture PLO 4 CLO 1 Knowledge
• Creating a Company File, Opening QuickBooks,
Choosing a Start Date
02 • Opening an Existing Company File
• Modifying Company Info Lecture PLO 4 CLO 1 Knowledge
• File backup and restore
03 CHAPTER 3: Setting Up a Chart of Accounts
• Acquiring a Chart of Accounts Lecture PLO 4 CLO 2 Comprehension
• Planning the Chart of Accounts
04 • Creating Accounts and Subaccounts
Lecture PLO 4 CLO 2 Comprehension
• Working with Accounts
05 CHAPTER 4: Setting Up Customers and Jobs
• Working with the Customer Center Lecture PLO 4 CLO 2 Knowledge
• Creating Customers in QuickBooks
06 • Creating Jobs in QuickBooks Assignment 1
Lecture PLO 4 CLO 2 Knowledge
Quiz 1
07 CHAPTER 4: Setting Up Vendors
• Working with the Vendor Center Lecture PLO 4 CLO 2 Knowledge
• Creating Vendors in QuickBooks
08 • Working with Customers, Jobs, and Vendors Lecture PLO 4 CLO 2 Knowledge

.
299
09 CHAPTER 5: Setting Up Items
• What Items Do
• When You Don’t Need Items Lecture PLO 4 CLO 2 Knowledge
• Should You Track Inventory with Items?
• Planning Your Items
10 • Creating Items, Service Items, Product Items, Other
Types of Items Lecture PLO 4 CLO 2 Knowledge
• Working with Items
11 CHAPTER 21: Working with Sales Tax
• Setting Up Sales Tax
Lecture PLO 4 CLO 2 Knowledge
• Producing Reports of the Sales Tax You Owe
• Paying Sales Tax
12 CHAPTER 15: Doing Payroll Assignment 2
• Getting Started with Payroll Lecture PLO 4 CLO 2 Knowledge
Quiz 2
• Recording Transactions from a Payroll Service
13 CHAPTER 10: Invoicing
• Choosing the Right Type of Form
Lecture PLO 4 CLO 3 Knowledge
• Sales Forms and Accounts
• Creating Invoices
14 • Creating Batch Invoices, Invoicing for Billable Time
Lecture PLO 4 CLO 3 Knowledge
and Costs
15 CHAPTER 10: Invoicing (Contd.)
• Estimating Jobs
• Creating Progress Invoices Lecture PLO 4 CLO 3 Knowledge
• Handling Customer Refunds and Credits
• Modifying Invoices
16 CHAPTER 13: Managing Accounts Receivable
• Receivables Aging
• Receiving Payments for Invoiced Income Lecture PLO 4 CLO 3 Comprehension
• Applying Credits to Invoices When You Receive
Payments

300
17 CHAPTER 13: Managing Accounts Receivable (Contd.)
• Discounting for Early Payment Lecture PLO 4 CLO 3 Comprehension
• Correcting Misapplied Customer Payments
18 • Applying Finance Charges, Cash Sales, Making DepositsLecture PLO 4 CLO 3 Comprehension
19 CHAPTER 9: Paying for Expenses
• When to Pay Expenses Assignment 3
• Entering Bills Lecture PLO 4 CLO 3 Knowledge
Quiz 3
• Recording a Deposit to a Vendor
• Paying Your Bills
20 • Writing Checks Without Entering Bills
• Producing Checks Lecture PLO 4 CLO 3 Knowledge
• Paying Using Other Payment Methods
21 CHAPTER 20: Managing Inventory
• Setting Up Inventory Items
• Purchasing Inventory Lecture PLO 4 CLO 3 Comprehension
• Selling Inventory
• Running Inventory Reports
22 • Working with the Inventory Center
• Performing a Physical Inventory Lecture PLO 4 CLO 3 Comprehension
• Adjusting Inventory in QuickBooks
23 CHAPTER 23: Tracking Finances with Reports and Graphs
• Finding the Right Reports Lecture PLO 7 CLO 4 Comprehension
• Running Reports
• Adding Comments to Reports
24 • Printing and Saving Reports, Customizing Reports,
Lecture PLO 7 CLO 4 Comprehension
Memorizing Reports
25 • Processing accounting cycle using Excel Lecture PLO 4 CLO 4 Comprehension
26 • Producing financial statements using Excel Lecture PLO 7 CLO 4 Comprehension
27 • Loan and lease amortization using Excel Lecture PLO 4 CLO 4 Comprehension
28 Financial Statements Analysis using Case study through Case study PLO 7 CLO 4 Comprehension

301
Excel
• Vertical Analysis
• Horizontal Analysis
• Ratios Analysis

302
 Semester – VIII

CODE COURSE CREDITS

AFMG-442 Organizational Behavior 3

AFSS-411 International Relation & Current Affairs 3

AFFN-447 Financial Risk Management 3

Elective – Accounting & Financial
3
Information Systems
Elective - Merger Acquisition &
3
Restructuring
Elective - Financial Modelling 3

303
 Course Title: Organizational Behavior
Course Code:
Credit Hours: 3+0

Course Instructor:

Mode of Contact:
You can contact your course instructor in the following ways:

Email: [email protected]
Meeting: By appointment via e-mail

PREREQUISITES: Student must have an understanding of Introduction to Business and principles of Management

Textbook:
Stephen P. Robbins, Timothy A. Judge; Organizational Behavior, 15th edition, PEARSON

Reference Material:

▪ Fred Luthans; Organizational Behavior 11th Edition McGraw Hill

Course Description: This course is designed to examine concepts in organizational behavior which provide students with in-depth understanding of human
behavior issues in organizations. And to develop students’ analytical and problem solving skills as they relate to organizational behavior issues. The course will
help in developing the students’ appreciation of the relevance of organizational behavior in understanding the effectiveness of organizations through analytical
and problem solving skills as they relate to organizational behavior issues.

304
 Course Objectives: The course objectives are

17. To understand how organizations identify their employees’ behaviors and their wants/needs.
18. To comprehend organizational decisions, based upon the combination of individual factors including; attitudes, emotions, personalities,
perceptions and motivation of self.
19. To understand organizations are aimed to meet the requirements of groups and teams collectively.
20. To understand why leadership is important in organization and to realize the positive political skills and proper use of power for effective
organizations.
21. To apply key frameworks and methods, and develop analytical skills to solve organizational problems.
22. To provide you with a firm foundation in behavioral theories and practices.
23. To relate the impact of organizational behavior and its integration with Accounting and Finance.

Course Learning Outcomes: Upon completion of this course, students will be able to:

24. CLO 1. Understand the concepts of organizational behavior and its terms correctly (PLO 1).
25. CLO 2. A comprehensive understanding of the individual, group, and organizational factors of organizational behavior (PLO3).
26. CLO 3. Develop and equip themselves more effectively in their professional and personal lives according to the organizational needs (PLO 6).
27. CLO 4. Demonstrate the ability to critically evaluate organizational decisions from individual and group viewpoints, self-personality and leadership
(PLO 4).
28. CLO 5. Imitate and implement the concepts of organizational behavior (PLO 2)
29. CLO 6. Demonstrate an understanding of how concepts of organizational behavior fit with the other disciplines within an organization (PLO 6).

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

305
 1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s) 5
Assignements(s) 5
Class Participation
Présentations
Case Discussion
Lab Work/Practical Project
Any Other 10
Total 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
01 Basic concepts of management and its
relevance to OB
What Is Organizational Behavior? Lecture PLO 1 CLO 1 Knowledge
■ Organizational Behavior Defined
■ Challenges and Opportunities to
OB
02 What Is Organizational Behavior? Lecture & Case PLO 2 CLO 1, 5, Comprehension

306
 ■ Developing OB Model Discussion 6
Case Incident 2
03 Diversity in Organizations
■ Levels of Diversity
Lecture PLO 1 CLO 1 Knowledge
■ Discrimination
■ Biographical Characteristics
04 Diversity in Organizations
■ Abilities Lecture &
■ Implementing Diversity Management PLO 2 CLO 1, 5 Comprehension
Discussion
Strategies
Case Incident 2
05 Attitudes and Job Satisfaction
■ Components of Attitudes Lecture PLO 3 CLO 2 Knowledge
■ Major job Attitudes
06 Attitudes and Job Satisfaction
■ Job Satisfaction Lecture & Case
PLO 3, 6 CLO 2, 6 Comprehension
■ Impact of Job Satisfaction Discussion
Case Incident 1
07 Emotions and Moods Assignment 1
Lecture PLO 1, 2 CLO 2, 3 Knowledge
■ Functions and Sources of Emotions Quiz 1
08 Emotions and Moods
Lecture & Case
■ Emotional Labor, Emotional Intelligence PLO 1, 2 CLO 2, 3 Comprehension
■ Emotion Regulation Discussion
Case Incident 1
09 Personality and Values Lecture PLO 1 CLO 2 Knowledge
307
 ■ Personality defined
■ MBTI, Big Five and other Types
10 Personality and Values Lecture
■ Values &
■ Person-Job fit, Person-Organization PLO 4 CLO 2, 3 Comprehension
Case
Fit
Discussion on Ethical Dilemma Discussion
11 Perceptions
■ Factors influencing Perceptions Lecture PLO 2 CLO 2, 4 Knowledge
■ Common Shortcuts in judging others
12 Perceptions
■ Decision Making Lecture PLO 1 CLO 1 Knowledge
■ Decision Making Biases and Errors
13 Discussion on Ethical Dilemma Case Assignment 2
PLO 6 CLO 2, 6 Comprehension
Case Incident 2 Discussion Quiz 2
14 Motivation
■ Hierarchy of Needs
■ Theory X and Theory Y
Lecture PLO 1, 4 CLO 1, 4 Knowledge
■ Goal Setting Theory
■ Equity/ Organizational Justice Theory
■ Expectancy Theory
15 Motivation
■ Job Characteristic Model
Lecture PLO 1 CLO 1,2 Knowledge
■ Using Rewards to Motivate Employees
(Extrinsic & Intrinsic Rewards)
16 Case Incident 2 Case PLO 2, 3 CLO 2,5 Comprehension
308
 Discussion
17 Groups
■ Stages of Group Development
Lecture PLO 1 CLO 1 Knowledge
■ Group Properties
■ Group Decision Making
18 Teams
■ Types of Teams
Lecture PLO 1 CLO 1 Knowledge
■ Creating Effective Teams

19 Experiential Exercise Case

PLO 4 CLO 4 Comprehension
Ethical Dilemma Discussion
20 Communication
■ Organizational communication
■ Persuasive Communication Lecture PLO 1 CLO 1, 2 Knowledge
■ Barriers in Communication

21 Case Incident 2 Case Assignment 3

PLO 4 CLO 4 Comprehension
Discussion Quiz 3
22 Leadership
■ Leadership defined
Lecture PLO 1 CLO 2 Knowledge
■ Ethics and Leadership
■ Trust and Leadership
23 Leadership
■ Challenges to Leadership Lecture PLO 1 CLO 2 Knowledge
■ Creating Effective Leaders

309
24 Ethical Dilemma Case
Case Incident 2 PLO 4 CLO 4 Comprehension
Discussion
25 Power and Politics
■ Bases of Power Lecture PLO 2 CLO 3 Knowledge
■ Power Tactics
26 Politics
■ Organizational Politics Lecture PLO 1 CLO 1, 4 Knowledge
■ Causes and Consequences of Politics
27 Ethical Dilemma Case
Case Incident 1 PLO 4 CLO 4 Comprehension
Discussion

310
 Course Title: Financial Risk Management
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail
Prerequisites: Financial Management, Financial Accounting

Textbook / Reference Books:

• Financial Institutions management: An introduction to Risk Management Approach by Anthony Saunders and Marcia Millon Cornett
• Analysis of Derivatives by Don M. Chance
• Financial Markets and Institution 5th edition by Anthony Saunders and Marcia Millon Cornett
• Principles of risk management and insurance 12th edition by Rejda. McNamara
• Risk Management and Financial Institutions 5th edition by John c.Hull

Course Description:

The course explains the risk management types and techniques and its application in the financial and nonfinancial institutions. The course
discusses objectives of risk management, process and matrix of risk management. Key financial risks along with their relevant formulation and
quantification helps students to grasp in depth risk calculations. Alongside the financial risks, operational risk comprehensions are also included.
Moreover, derivatives and their valuations cover sophisticated and advanced risk management tools.

311
 Course Learning Objectives
This course aims to provide students with:
CLO 30. Comprehension of basic concepts and categories of risks
CLO 31. Understanding procedure and objectives of risk
management processCLO 32. Analyzing the various types of
risks through risk assessment models CLO 33. Applying risk
models to quantify the uncertainty and losses
CLO 34. Evaluate the risk level based on critical and analytical results of risk models and devise the hedging strategies.

Teaching & Learning Outcomes:

On completion of this course students should be able:
TLO 30. To understand various concepts of risk types and categories.

TLO 31. To understand the process of risk management using sophisticated

models.TLO 32. To know about the heding strategies and risk management
techniques

Teaching Methodology
Lectures, assignments, quizes, discussions and presentations are planned as class activities. All students are advised to participate in said
activities, failing which students will suffer in respect of learning and grades. Consistent with the course objectives, lectures will address
learning objectives associated with weekly topics (as outlined in the weekly schedule), including basic principles and working examples.

Assessment Instruments with weights

SNR ITEMS MARKS
1 Mid Term Exam 30
312
 2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Total 20
Grand Total 100

Course Contents

Learning Thinking
Lecture Scheduled Topic PLO CLO
Activity Level
01 Risk
■ Definition of risk PLO CLO
Lecture Comprehension
■ Categories of risk: Financial risk and Non- financial risk 1 1
■ Financial Risk: Exchange rate risk, Transaction risk, Translation
risk, Economic risk, Interest rate risk, credit risk, market risk,
liquidity risk.
02 Non-Financial risk
■ Operational risk, regulation risk, legal risk, taxation risk, PLO CLO
Lecture Comprehension
accounting risk, settlement risk 1 1
(Analysis of derivative; Chapter 9)

313
03 Risk Management
■ Risk Management Process
■ Pre-Loss objectives of risk management PLO CLO
Lecture Comprehension
■ Post Loss objectives of risk Management 1 1
(Principles of risk management and insurance 3rd Chapter)

04 Risk Management Techniques and Risk Management Matrix

PLO CLO
■ Retention Lecture Comprehension
2 1
■ Loss prevention and Reduction
■ Transfer
■ Avoidance
(Principles of risk management and insurance 3rd Chapter)

05 Market Risk (Value at Risk)

PLO CLO
■ Definition of VAR Lecture Comprehension
■ Time horizon, confidence level, Volatility (concept) 2 2
■ Examples of Calculations of VAR
(Risk Management and Financial Institution chapter 12)
06 Drawback of Value at Risk
PLO CLO
(Risk Management and Financial Institution chapter 12) Lecture Comprehension
2 2

314
 Lecture Comprehension

07 Risk Faced by financial Institutions

PLO CLO
(Financial markets and Institution Chapter 19) Lecture Comprehension
2 3
■ Interest rate risk, measurement and management
■ Models to measure interest rate risk
(Financial markets and Institution Chapter 22) or
(Financial Institution Management Chapter 8)
08 Interest rate risk model
■ Repricing Model, Rate sensitive assets, Rate sensitive PLO CLO
Lecture Evaluation
Liabilities 3,4 3,4
■ Numericals for the illustration of rate sensitive assets and
rate sensitive Liabilities
■ Determination of net interest income using repricing model
and its related numericals
(Financial markets and Institution Chapter 22) or
(Financial Institution Management Chapter 8)
09 Interest rate risk model
PLO CLO
■ Weaknesses of repricing model Lecture Evaluation
3,4 3,4
■ Duration model
■ Estimation of duration model of interest bearing bonds
(Financial Institution Management Chapter 9)
10 Interest rate risk model
■ Numerical related to duration Model PLO CLO
Lecture Analyzing
(Financial Institution Management Chapter 9) 3,4 3,4

11 Credit Risk, Individual loan risk

315
 ■ Calculating the return on loan, contractually promised return PLO CLO
on loan, Prime lending rate, compensating balance, Lecture Evaluation
3,4 3,4
expected return on the loan.
■ Numerical related to return on loan
(Financial Institution Management Chapter 10)

12 Models to calculate credit risk

PLO CLO
■ RAROC, Altman Z score Lecture Knowledge
3,4 3,4
■ Using Duration to estimate loan risk, Illustration of example
of RAROC,
■ Using loan default rates to estimate loan risk.
(Financial Institution Management Chapter 10)

13 Linear Discriminant Models PLO CLO

Lecture Knowledge
■ Altman’s credit scoring models and its related Numerical 4 3
(Financial Institution Management Chapter 10)

14 Five C’s of credit risk

■ Character PLO CLO
Lecture Anlayzing
■ Capacity 4 3,4,5
■ Collateral
■ Conditions
■ Capital
(Financial markets and Institution Chapter 20)
Short case study from net to illustrate five C’s of credit risk
316
15 Liquidity Risk
■ What is liquidity risk, causes of liquidity risk, concept of PLO CLO
Lecture Evaluation
fire sale price 4 3,4,5
■ Liquidity risk at depository institutions
■ Liability side Liquidity risk, core deposit, net deposit drain
(Financial Institution Management Chapter 12)
16 Liquidity Risk
■ Balance sheet before and after deposit drain, adjusting to PLO CLO
Lecture Comprehension
a deposit drain through purchased liquidity management 4 3,4
and stored liquidity management
(Financial Institution Management Chapter 12)
17 Asset –Side Liquidity Risk
■ Loan commitment exercise, Balance sheet before and after
PLO CLO
Loan commitment, adjusting to a loan commitment Lecture Comprehension
4 3
through purchased liquidity management and stored
liquidity management
■ (Financial Institution Management Chapter 12)
18 Liquidity risk Numerical
■ Numerical related to Asset side and Liability side Liquidity
risk PLO CLO
Lecture Comprehension
(Financial Institution Management Chapter 12) 4 3,4

317
19 Hedging and its types
■ Micro Hedging PLO CLO
Lecture Anlayzing
■ Macro hedging 4 3,4,5
■ Routine hedging
■ Selective hedging
(Financial markets and Institution Chapter 23)

20 Operational risk
■ Operational risk
PLO CLO
■ Types of Operational Risk Lecture Analyzing
4,5 3,4,5
■ Regulatory issues and operational risks
■ Approaches to measure operational risk: Basic indicator
approach, standardized approach and advanced
measurement approach
(Financial Institution Management Chapter 17)

21 Operational risk and insolvency

PLO CLO
■ Consumer protections Lecture Evaluation
4,5 4,5
(Financial Institution Management Chapter 17)

22 Derivatives

318
 ■ Introduction and history of derivatives PLO CLO
Lecture Evaluation
■ Pakistan’s perspective of derivatives 4,5 4,5
■ Purposes of derivative markets
■ Criticism on Derivative markets
(Analysis of derivative; Chapter 1)

23 Types of Derivatives
Forward PLO CLO
Lecture Comprehension
■ What is forward derivative, Types and advantages of 4,5 3
forward
■ Disadvantages of forward
(Analysis of derivative; Chapter 2)

24 Forward PLO CLO

Lecture Application
■ Generic pricing and valuation of forward contract 4,5 5
■ Practice problem 1
(Analysis of derivative; Chapter 2)

25 Futures and Forward PLO CLO

Lecture Application
■ What is future derivative? Types of future derivative, 4,5 5
Comparison of future and forward
■ Problem 2 and 4 of chapter 23 , Financial Markets and
Institution)

319
 26 Options
■ Meaning and characteristics of options
■ Types of options, call option, put option, American
option, European option,
■ Principle of option pricing
(Analysis of derivative; Chapter 4)

The concept of money ness of options

27 ■ In the money
■ Out of the money
■ Pay off values, Practice problem 1
(Analysis of derivative; Chapter 4)

28
SWAPS
PLO CLO
28 ■ Introduction to SWAPS Lecture Comprehension
4,5 3
■ Option strategies (only introduction)
■ Caps
■ Floors
■ Collars
(Financial markets and Institution Chapter 23)

Note: The course is planned for 30 students. In case of less or more than 30 students course plan will be changed by the instructor.
320
 Course Title: International Relations & Current Affairs
Code:
Credit Hours: 3+0
Course Instructor:
Prerequisites:

Course Description:

The current debate is centered on International Relations and current affairs, its role in shaping the policies of a nation and at a larger level in affecting the trajectory
of international politics. These days with the opinion split along the notions of traditional and nontraditional International Relations and current affairs as to which is
more relevant to contemporary circumstances and which is more critical to design national policy and international environment.
• Evaluate the concept of International Relations and its role in the world politics.
• Analyze the international Relations beyond traditional politics.
• Evaluate the contemporary International Relations issues and their impact on global politics

Course Objectives:

✓ To inculcate reasoning among students to explore the realism of modern day IR in a global perspective
✓ To make the students compatible with the realm of survival in a globalized international structure
✓ Better conceptual and theoretical understanding of contemporary International Relations
✓ Familiarization with the Patterns of states interaction and interdependence in modern IR
✓ Clarity of mind and ideas to further explore the logics of the issues happening around the world

Course Learning Outcomes:

321
 On successful completion of this course, students will be able to:
• Better conceptual and theoretical understanding of contemporary International Relations
• Familiarization with the Patterns of states interaction and interdependence in modern IR
• Clarity of mind and ideas to further explore the logics of the issues happening around the world

Textbooks (or Course Materials) :

• Jackson, Robert & Sorenson Georg, Introduction to International Relations (6th Edition), UK: Oxford University Press. 2016.
• Goldstein, Joshua S., Jon C. Pevehouse, International Relation (8th Edition). India: Pearson. 2011.

Reference Material:

j. Baylis, John & Steve Smith (eds.), The Globalization of World Politics, (Oxford University Press, 2001).
k. Schottle, Jan Aart, Globalization: A critical Introduction, Palgrave, MacMillan: 2000
l. Hobert , Hindi., Josph Rotblat. War No More: Eliminating Conflict in the Nuclear Age, (London: Pluto Press, 2003)
m. Brown, Chris. Understanding International Relations (2 edition). New York: Palgrave. 2001.
nd

n. Fukuyama, Francis. The End of History and the Last Man, London: Penguin, 1992.
o. Huntington, S. P. The Clash of Civilizations: Remaking of the World Order. New York: 1993.
p. Ali, Tariq. The Clash of Fundamentalism: Crusades, Jihads and Modernity. New York: Verso. 2002.
q. Lloyd Armstrong & Redmond, “The New Regionalism”, International Organizations in World Politics, 3r ed. (ch. 12)
r. Oatley, T. International Political Economy: Interests and Institutions in the Global Economy. North Carolina: Pearson Education, USA. 2009.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

322
 SNR ITEMS MARKS
1 MidTerm Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignements(s)
Présentations
Case Discussion
Lab Work/Practical Project
AnyOther
Total 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
Week
Introduction to
1 Lecture 1 1, 2 Knowledge
International Relations
1 Contemporary Global
2 Case 2,3,6 3,4 Application
Politics
3 Theoretical discourse of IR Lecture Quiz 1 1, 2 Knowledge
2 4 Theoretical discourse of IR Case 2,3,6 3,4 Application
5 Positivist Approaches Lecture Quiz 1 1, 2 Knowledge
323
3 Realism
6 Case 2,3,6 3,4 Application
Liberalism
Marxism
7 Lecture 1 1, 2 Knowledge
Quiz
4 8 Feminism Case Assignment 2,3,6 3,4 Application
Contemporary Theoretical
Debates and their
9 Lecture Quiz 1 1, 2 Knowledge
Implications on World
5 Politics
New World Order
10 End of History Case 2,3,6 3,4 Application
The Clash of Civilization
The Complex
11 Interdependence Lecture Quiz 1 1, 2 Knowledge

6
The Coming Anarchy
12 Case 2,3,6 3,4 Application
Challenges of Pluralism
Dynamics of International
13 Security Lecture 1 1, 2 Knowledge

Power Transition Theory

7 The Super Power’s Rivalry:
14 Case 2,3,6 3,4 Application
Rise of China Threat or
Opportunity?

324
 MIDTERM EXAMS
15 Presentations Presentations 1 1, 2 Knowledge
8 16 Presentations Presentations 2,3,6 3,4 Application
17 Presentations Presentations 1 1, 2 Knowledge
9 18 Presentations Presentations 2,3,6 3,4 Application
The Globalization debate
(Political, Cultural,
19 Lecture 1 1, 2 Knowledge
Ideological & Social aspects
of Globalization)
10 The Globalization debate
(Political, Cultural,
20 Case 2,3,6 3,4 Application
Ideological & Social aspects
of Globalization)
The issue of Nuclear Non-
21 Proliferation: Iran’s Nuclear Lecture 1 1, 2 Knowledge
Program
11 The issue of Nuclear Non-
22 Proliferation: Iran’s Nuclear Case 2,3,6 3,4 Application
Program
Non Traditional security:
23 Water Crisis, Energy Crisis Lecture 1 1, 2 Knowledge
and Environmental Issues
12
Non Traditional security:
24 Case 2,3,6 3,4 Application
Water Crisis, Energy Crisis

325
 and Environmental Issues
Non Traditional security: Comprehension
25 Water Crisis, Energy Crisis Case 2,3,5,6 4,5
Creativity
and Environmental Issues
13 The Clash of Civilizations: Comprehension
26 The West Vs Islam, the issue 2,3,5,6 4,5
Creativity
of Fundamentalism
The politics of North-South:
27 Capitalism & Democracy in Knowledge
the Developing World
Post 9/11 Era: the Bush
Doctrine & the issue of
Terrorism: Its implications on
14 the world politics
28 Knowledge
US Drawdown from
Afghanistan and Its
Implications, The role of
International Actors

ENDTERM EXAMS

326
 Course Title: Financial Modelling
Course Code: AFFN-462
Credit Hours: 3
Course Instructor:
Mode of Contact: Face-to-Face

You can contact your course instructor in the following ways:

Email:
Meeting: By appointment via e-mail

PREREQUISITES: Financial Management, Corporate Finance

Textbook:
Financial Modeling by SIMON BENNINGA and TAL MOFKADI (5th Edition)

Course Description:
This course is built on finance theory, financial strategy, and quantitative analysis taught in pre-requisite courses. The course extensively uses Microsoft Excel to tackle
several questions faced by financial analysts. The students are equipped with the skills to construct, analyze, and interpret financial models for decision-making. The
course emphasizes practical applications, including forecasting financial statements, valuation techniques, event analysis, regression analysis, and risk assessment. By
the end of the course, students will be proficient in creating robust models to solve real-world financial problems.

Course Objectives:
CO 1: To experience hand on practices on numerical analyses, graphical illustrations, and customized formatting that arise out of applications on forecasting
financial statement.
CO 2: To design and develop financial models for solving complex financial questions.

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CO 3: To estimate costs of capital, perform valuation analysis, construct efficient portfolio, compute covariance matrix, conduct event and regression analysis, and
measure value at risk.

Course Learning Outcomes:

CLO 1: Understand formulas functions and commands of Microsoft Excel for financial calculations.
CLO 2: Confidently apply finance theory and concepts to construct spreadsheet models.
CLO 3: Gain hands on experience in designing and implementing their own financial models.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
Internal Evaluation
3
Breakdown
Quiz(s)
Assignments(s)
Class Participation
Présentations
Case Discussion
Lab Work/Practical
Project
Any Other
Grand Total 20

328
COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO CLO
Activity Activity Level
Introduction of course and course contents:

01 CHAPTER 30: Excel Functions Lecture PLO4 CLO1 Knowledge

• MS Excel Basics
• Conditional functions: IF, COUNTIF, AVERAGEIF
• Reference functions: VLOOKUP, HLOOKUP
02 Lecture PLO4 CLO1 Knowledge
• Absolute and Relative Referencing
CHAPTER 29: Matrices
03 CHAPTER 31: Array Functions Lecture PLO4 CLO1 Knowledge
• Calculation and Operation of Arrays and Matrices
CHAPTER 28: Data Tables
04 • One-dimensional and Two-dimensional data table Lecture PLO4 CLO1 Knowledge
analysis through NPV and IRR functions
CHAPTER 1: Basic Financial Analysis
05 • Present value and Net Present Value Lecture PLO4 CLO1 Knowledge
• The Present Value of an Annuity and a Perpetuity
• Determining the IRR by Trial and Error using Goal Seek Assignment 1
06 Lecture PLO4 CLO1 Knowledge
Future values and applications Quiz 1
CHAPTER 3: Calculating the Weighted Average Cost
of Capital (WACC)
07 • Overview Lecture PLO4 CLO2 Comprehension
• Computing the Value of the Firm’s Equity
• Computing the Value of the Firm’s Debt

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 • Computing the Firm’s Tax Rate
• Computing the Firm’s Cost of Debt
Two Approaches to Computing the Firm’s Cost of
Equity
• Using The Gordon Dividend Model

• Using the Capital Asset Pricing Model,

Comprehensio
08 Computing the Beta, β Lecture PLO5 CLO2
n
• Computing the WACC
CHAPTER 4: Pro Forma Analysis and
Valuation Based on the Discounted Cash
Comprehensio
09 Flow Approach Lecture PLO5 CLO3
n
• How Financial Models Works: Theory and
Initial Example
• Measuring Free Cash Flow
Comprehensio
10 • Discussion/Notes on the Valuation Lecture PLO5 CLO3
n
Procedure
CHAPTER 5: Building a Pro Forma Model:
The Case of Merck
11 Lecture PLO5 CLO3 Knowledge
• Merck’s Financial Statements, 2015–2018
• Analyzing the Financial Statements
Assignment 2
12 • Using the Model to Value Merck Lecture PLO5 CLO3 Knowledge
Quiz 2
CHAPTER 6: Financial Analysis of Leasing
• Leasing and Firm Financing—the
13 Lecture PLO5 CLO2 Knowledge
Equivalent-Loan Method
• Why Do We Decide against the Lease?

330
 • The Lessor’s Problem: Calculating the
Highest Acceptable Lease Rental
• Asset residual values and other
14 considerations Lecture PLO5 CLO2 Knowledge
• Leveraged Leasing
CHAPTER 10: Portfolio Models
• Computing Descriptive Statistics for
Stocks
Comprehensio
15 • Return and Volatility for Apple (AAPL) Lecture PLO5 CLO3
n
and Kellogg (K)
• Computing Covariance and Correlation
Coefficient
• Calculating Portfolio Means and
16 Variances Lecture PLO5 CLO3 Knowledge
• Efficient Portfolio Calculation
CHAPTER 13: Estimating Beta and the
Security Market Line
17 Lecture PLO4 CLO2 Knowledge
• Overview
• Testing the Security Market Line

• The Non-efficiency of the “Market Portfolio”

18 Lecture PLO4 CLO2 Comprehension
• Testing of CAPM Model
CHAPTER 14: Event Studies
19 • Outline of an event study Lecture PLO4 CLO3 Comprehension
• An initial Event study
Assignment 3
20 • A Fuller Event study Lecture PLO4 CLO2 Comprehension
Quiz 3
21 CHAPTER 30: Excel Functions: Lecture PLO4 CLO3 Knowledge
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 Doing Regression Analysis
• How to calculate regression
beta line, coefficient

22 • Testing of Regression Assumptions Lecture PLO4 CLO3 Knowledge

CHAPTER 22: An introduction to Monte-Carlo

Methods
23 Lecture PLO5 CLO3 Knowledge
• Another Monte Carlo Problem: Investment and
Retirement

24 • A Monte Carlo Simulation of the Investment Problem Lecture PLO5 CLO3 Comprehension
CHAPTER 25: Value at Risk (VaR)
25 • Overview of VaR Lecture PLO5 CLO3 Comprehension
• A really simple example
The Three Types of VaR Models
• Analytic VaR
26 Lecture PLO5 CLO3 Comprehension
• Monte Carlo VaR
• Historical VaR
27 Final Project Presentations PLO5 CLO3 Creation
28 Final Project Presentations PLO5 CLO3 Creation

332
 Course Title: Accounting & Financial Information System
Course Code: ACCT-476
Credit Hours: 3
Course Instructor:
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

Prerequisites: As an advanced accounting and finance course, the student must have an understanding of Principles of Accounting, Financial Accounting, Cost Accounting,
Managerial Accounting, and Financial Management.

Textbook / Reference Books:

• QuickBooks 2016 – the missing manual by Bonnie Biafore (For QuickBooks Desktop version)
• QuickBooks 2021 For Dummies by Stephen L. Nelson
• Mastering QuickBooks 2022 by Crystalynn Shelton, 3rd Edition (For QuickBooks Online version)

Course Description:
This course is based on accounting software named QuickBooks which has been designed for extensive learning and application of accounting. This course is a practical application
of accounting concepts by utilizing QuickBooks software. This course mainly covers creating and maintaining company accounting information, customers and vendors database,
inventory management, and payroll information, in addition to processing the accounting cycle. The course also focuses on the generation of accounting and financial reports and
their application to business decisions. The course is aimed to develop an understanding of basic accounting concepts for use in a computerized accounting environment by utilizing
QuickBooks and MS Excel.

Course Objectives:
CO 1: To introduce QuickBooks for setting up a company and creating backup/restore files.
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 CO 2: To discuss the basic financial accounting tools related to chart of accounts, customers, vendors, inventory, employees, sales, purchases, payroll, etc.
CO 3: To discuss the management of invoicing, account receivables, expenses, and inventory.
CO 4: To introduce the role of financial reports in business decision making.

Course Learning Outcomes:

CLO 1: Identify the basic QuickBooks features; basic screens, windows, and other tools used in the software.
CLO 2: Set up the chart of accounts (COAs) and manage records of customer, vendors, inventory, employees, sales, purchases, payroll, etc.
CLO 3: Managing invoicing, account receivables, expenses, and inventory.
CLO 4: Produce and evaluate the financial reports and discuss its significance for decision-making.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

334
 COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLO15 CLO
Activity Activity Level
01 • Revision of accounting concepts
• Introduction to softwares
CHAPTER 1: Introduction to QuickBooks Lecture PLO 4 CLO 1 Knowledge
• Creating a Company File, Opening QuickBooks,
Choosing a Start Date
02 • Opening an Existing Company File
• Modifying Company Info Lecture PLO 4 CLO 1 Knowledge
• File backup and restore
03 CHAPTER 3: Setting Up a Chart of Accounts
• Acquiring a Chart of Accounts Lecture PLO 4 CLO 2 Comprehension
• Planning the Chart of Accounts
04 • Creating Accounts and Subaccounts
Lecture PLO 4 CLO 2 Comprehension
• Working with Accounts
05 CHAPTER 4: Setting Up Customers and Jobs
• Working with the Customer Center Lecture PLO 4 CLO 2 Knowledge
• Creating Customers in QuickBooks
06 • Creating Jobs in QuickBooks Assignment 1
Lecture PLO 4 CLO 2 Knowledge
Quiz 1
07 CHAPTER 4: Setting Up Vendors
• Working with the Vendor Center Lecture PLO 4 CLO 2 Knowledge
• Creating Vendors in QuickBooks

.
335
08 • Working with Customers, Jobs, and Vendors Lecture PLO 4 CLO 2 Knowledge
09 CHAPTER 5: Setting Up Items
• What Items Do
• When You Don’t Need Items Lecture PLO 4 CLO 2 Knowledge
• Should You Track Inventory with Items?
• Planning Your Items
10 • Creating Items, Service Items, Product Items, Other
Types of Items Lecture PLO 4 CLO 2 Knowledge
• Working with Items
11 CHAPTER 21: Working with Sales Tax
• Setting Up Sales Tax
Lecture PLO 4 CLO 2 Knowledge
• Producing Reports of the Sales Tax You Owe
• Paying Sales Tax
12 CHAPTER 15: Doing Payroll Assignment 2
• Getting Started with Payroll Lecture PLO 4 CLO 2 Knowledge
Quiz 2
• Recording Transactions from a Payroll Service
13 CHAPTER 10: Invoicing
• Choosing the Right Type of Form
Lecture PLO 4 CLO 3 Knowledge
• Sales Forms and Accounts
• Creating Invoices
14 • Creating Batch Invoices, Invoicing for Billable Time
Lecture PLO 4 CLO 3 Knowledge
and Costs
15 CHAPTER 10: Invoicing (Contd.)
• Estimating Jobs
• Creating Progress Invoices Lecture PLO 4 CLO 3 Knowledge
• Handling Customer Refunds and Credits
• Modifying Invoices
16 CHAPTER 13: Managing Accounts Receivable
• Receivables Aging Lecture PLO 4 CLO 3 Comprehension
• Receiving Payments for Invoiced Income
• Applying Credits to Invoices When You Receive

336
 Payments
17 CHAPTER 13: Managing Accounts Receivable (Contd.)
• Discounting for Early Payment Lecture PLO 4 CLO 3 Comprehension
• Correcting Misapplied Customer Payments
18 • Applying Finance Charges, Cash Sales, Making DepositsLecture PLO 4 CLO 3 Comprehension
19 CHAPTER 9: Paying for Expenses
• When to Pay Expenses Assignment 3
• Entering Bills Lecture PLO 4 CLO 3 Knowledge
Quiz 3
• Recording a Deposit to a Vendor
• Paying Your Bills
20 • Writing Checks Without Entering Bills
• Producing Checks Lecture PLO 4 CLO 3 Knowledge
• Paying Using Other Payment Methods
21 CHAPTER 20: Managing Inventory
• Setting Up Inventory Items
• Purchasing Inventory Lecture PLO 4 CLO 3 Comprehension
• Selling Inventory
• Running Inventory Reports
22 • Working with the Inventory Center
• Performing a Physical Inventory Lecture PLO 4 CLO 3 Comprehension
• Adjusting Inventory in QuickBooks
23 CHAPTER 23: Tracking Finances with Reports and Graphs
• Finding the Right Reports Lecture PLO 7 CLO 4 Comprehension
• Running Reports
• Adding Comments to Reports
24 • Printing and Saving Reports, Customizing Reports,
Lecture PLO 7 CLO 4 Comprehension
Memorizing Reports
25 • Processing accounting cycle using Excel Lecture PLO 4 CLO 4 Comprehension
26 • Producing financial statements using Excel Lecture PLO 7 CLO 4 Comprehension
27 • Loan and lease amortization using Excel Lecture PLO 4 CLO 4 Comprehension

337
28 Financial Statements Analysis using Case study through
Excel
• Vertical Analysis Case study PLO 7 CLO 4 Comprehension
• Horizontal Analysis
• Ratios Analysis

338
 Course Title: Mergers, Acquisitions and Corporate Restructurings
Course Code: FIN-763
Credit Hours: 3
Course Instructor:
Mode of Contact:
You can contact your course instructor in the following ways:
Email:
Meeting: By appointment via e-mail

Prerequisites: Mergers, Acquisition and Corporate Restructuring is a specialization course of finance at MBA level and assumes that the student must have understanding of
Financial Accounting, Managerial Accounting, Financial Management, particularly Corporate Finance and Corporate Governance

Textbook:
• Gaughan, Patrick, A., (2007). Mergers, Acquisitions, and Corporate Restructurings (4th Edition) John Wiley & Sons, New York

Pre-Requisite Material/ Reference Books

Students can use following reference books for understanding the concepts:
• Fundamentals of Financial Management (10th Edition) By: Brigham and Houston.
• An Introduction To Financial Management (Latest Edition) By: Gary L Trennepohl and James E.Wert,& Glenn V.Henderson.
• Fundamentals of Financial Management. (11th or 13th Edition) By:James. C. Van Horne & John M. Wachowicz, JR.
• International Financial Management (Latest Edition) By : Sweeny H.W.Allen & Rachlen Robert Class Handouts
• Fundamentals of Corporate Finance (5th Edition Chapter # 18 only) By: Brealey/Myers/Marcus
• Introduction to corporate finance (Latest Edition) By : Stephen A. Ross & Randolph W. Westerfield,

Course Description:
339
Mergers and acquisitions is the area of corporate finance, devoted to a judicious use of finances and a careful selection of target firms. This course provides an overview of the
mergers and acquisitions concepts; merger waves; introduces methods of mergers and acquisitions as well as the role that merged firms play in the markets today. The role of the
corporate managers is examined in expansion and restructuring decisions; discuss the different types of mergers and acquisitions; examine how the mechanism of mergers and
acquisitions works; understand rationale or motives of mergers and acquisitions and ultimately the firm/ enterprise value derived from such mergers and acquisitions; study the
science of takeovers, consolidation and divestitures in our economy; capturing the right target for a sustainable performance of a merged or acquired firm over time; examines the
strategies of target firm to avoid acquisition and understand issues before and after the process of mergers and acquisitions.

Course Objectives:
This course aims to provide students with understanding about:
CO 1. To understand the concept of mergers and acquisitions, historical waves and decision making process
CO 2. To understand the three major decision–making areas in financial management: the mergers and acquisitions, takeovers and corporate restructuring.
CO 3. To introduce students to the basics of mergers and acquisitions process, motives, merger types, consolidation, considerations and survival of merged firms.
CO 4. To learn about the impact of mergers and acquisitions on value of firm.
CO 5. To introduce students to major financial and other benefits and demerits of mergers, acquisitions, and corporate restructuring.

Course Learning Outcomes:

On completion of this course students should be able:
CLO 1. Understand the concept of mergers and acquisitions, historical waves and decision making process.
CLO 2. Be aware of the three major decision–making areas in financial management: the mergers and acquisitions, takeovers and corporate restructuring environment.
CLO 3: Enable the students to know the basics of mergers and acquisitions process, motives, merger types, consolidation, considerations and survival of merged firms.
CLO 4. Understand and be able to analyze the situations suitable for mergers and acquisitions and their future consequences on the firm value.
This will enhance the technical abilities of students.
CLO 5. Discuss the major financial and other benefits and demerits of mergers, acquisitions, and corporate restructuring.

ASSESSMENT INSTRUMENT WITH WEIGHTS:

SNR ITEMS MARKS

1 Mid Term Exam 30
340
 2 End Term Exam 50
3 Internal Evaluation Breakdown
Quiz(s)
Assignments(s)
Class Participation
Presentations
Case Discussion
Lab Work/Practical Project
Any Other
Total 20 20
GRAND TOTAL 100

COURSE CONTENTS:

Learning Assessment Thinking

Lecture Scheduled Topic PLOiii CLO
Activity Activity Level
01 ▪ Course overview, objectives and learning outcomes
▪ An Introduction to Mergers and Acquisitions
▪ Basic concept of mergers / Acquisitions /Consolidation/Takeovers/Reverse
▪ Mergers. CLO 1,
Lecture PLO 8 Knowledge
▪ Types of Mergers 3
▪ Recent M&A Trends
▪ Types of Mergers
▪ Merger Financing & procedure and issues related to the merger process
02 ▪ Leverage Buyouts
▪ Pvt Equity Market Case CLO 1,
PLO 8 Knowledge
▪ Corporate restructuring/ Divestitures/ Holding companies/case study presentation discussion 3
▪ Leveraged Buyouts and the Private Equity Market
341
 ▪ Corporate Restructuring
▪ Reverse Mergers Holding Companies
03 ▪ History of Mergers Merger Waves
▪ What Causes Merger Waves? First Wave, 1897–1904 Lecture PLO 8 CLO 1 Knowledge
▪ Second Wave, 1916–1929
04 ▪ The 1940s
▪ Third Wave, 1965–1969 Trendsetting Mergers of the 1970s Fourth Wave, 1984–1989 Lecture PLO 8 CLO 1 Knowledge
▪ Fifth Wave
05 ▪ Legal Framework
▪ Laws Governing Mergers, Acquisitions, and Tender Offers International Securities Laws
Relating to Takeovers
Lecture PLO 8 CLO 2 Knowledge
▪ The legal Frame work of M&A in Pakistan Antitakeover Laws
▪ Regulation of Insider Trading Antitrust Laws
▪ Antitrust Remedies
06 ▪ Reasons for Merger and Acquisitions & Strategies
▪ Growth, Strategy, Operating Synergy, Economies of Scale and Scope Case study
Case Assignment 1
presentations PLO 8 CLO 2 Comprehension
discussion Quiz 1
▪ Growth Synergy
▪ Operating Synergy
07 ▪ Financial Synergies Diversification
▪ Other Economic Motives Hubris Hypothesis of Takeovers Other Motives Lecture PLO 8 CLO 2 Knowledge
▪ Tax Motives
08 ▪ Chapter 6. Takeover Tactics Preliminary Takeover Steps Tactics by Legal Perspective
▪ Friendly Takeover
▪ Hostile Takeovers
▪ Tender Offers Lecture PLO 8 CLO 2 Knowledge
▪ Changing the State of Incorporation
▪ Open Market Purchases and Street Sweeps
▪ Advantages of Tender Offers over Open Market Purchases
342
 ▪ Arbitrage and the Downward Price Pressures Around M&A Announcements
▪ Creeping offer
▪ Proxy Fights
09 ▪ Tactics by Business Perspective
▪ Horizontal Takeover
Case
▪ Vertical Takeovers PLO 8 CLO 2 Comprehension
discussion
▪ Conglomerates
▪ Reverse Takeover Case study
10 ▪ Antitakeover Measures/Defensive Techniques
▪ Management Entrenchment Hypothesis versus SH’s intervention/ Stockholder Interests
Hypothesis Lecture PLO 8 CLO 2 Knowledge
▪ Active Antitakeover Defenses
▪ Information Content of Takeover Resistance Financial Defenses
11 ▪ Green Mail White mail
▪ Pack Man Defense
Lecture PLO 8 CLO 2 Knowledge
▪ Poison Pills (flip in, flip over, Preferred Stock, shadow Pills) Dead-hand provisions
▪ Jonestown Defense/Suicide Pill, Shareholder’s activism , Poison puts
12 ▪ White Knight White Squire Gray Knight Staggered Boards
▪ Anti-takeover amendments (supermajority and fair price amendments) Anti-takeover Assignment 2
Lecture PLO 8 CLO 2 Knowledge
amendments and shareholder’s return Quiz 2
▪ State laws
13 ▪ Golden parachutes Pension parachutes People pill
Lecture PLO 8 CLO 2 Knowledge
▪ Shark repellents Safe harbor Treasury stock Crown jewel defense
14 ▪ Macaroni defense Nancy Reagan defense Killer Bees
▪ Leveraged recapitalization Lock up provision Lollipop defense Lecture PLO 8 CLO 2 Knowledge
▪ Shark repellents
15 ▪ Leveraged Buyouts Historical Trends in LBOs
▪ Costs of Being a Public Company Management Buyouts Lecture PLO 8 CLO 3 Knowledge
▪ Conflicts of Interest in Management Buyouts Financing for Leveraged Buyouts Capital
343
 Structure of LBOs
▪ Reverse LBOs, Protection for Creditors
16 ▪ Valuation of Mergers and Acquisitions Valuation Methods: Science or Art?
▪ Managing Value as an Antitakeover Defense Desirable Financial Characteristics of Targets
Lecture PLO 8 CLO 4 Knowledge
Benchmarks of Value
▪ Valuation of the Target’s Equity
17 ▪ Valuation methods/discount rates calculation
▪ Cashflow theory, free cashflow and discounted cashflow Book Value/net worth, liquidation Lecture PLO 8 CLO 4 Knowledge
value and Enterprise value Net present value and net terminal value
18 ▪ Valuation by Constant growth, zero growth and varying growth models comparison,
Lecture PLO 8 CLO 5 Knowledge
Benefits, limitations and implication of all valuation methods
19 ▪ Exchange rate, EPS pre and post-merger, dilution of EPS and Price earnings ratio paid,
Lecture PLO 8 CLO 4 Knowledge
optimal offer price and breakeven calculations/discussion/illustration
20 ▪ Takeovers and Control Premiums Assignment 3
Lecture PLO 8 CLO 4 Knowledge
▪ Valuation of Stock-for-Stock Exchanges, Exchange Ratio Quiz 3
21 ▪ How to analyze a comprehensive case study of the subject?
Case
▪ Sample: HP Compaq case study detailed analysis with respect to the mergers, acquisitions PLO 8 CLO 4 Comprehension
discussion
and takeovers overall and valuation concepts
22 ▪ Trends in the Financing of Takeovers and Going Private Transactions Including Hedge Funds
and Private Equity Funds
Lecture PLO 8 CLO 5 Knowledge
▪ Trends in Cash versus Stock Percentage of Takeover Financing Shareholder Wealth Effects
and Methods of Payment
23 ▪ Private Equity Market Hedge Funds
▪ Junk Bonds Financing of Takeovers Stapled Financing Lecture PLO 8 CLO 2 Knowledge
▪ Securitization and M&A Financing
24 ▪ Employee Stock Ownership Plans Historical Growth of ESOPs Types of Plans
▪ Characteristics of ESOPs
Lecture PLO 8 CLO 2 Knowledge
▪ Leveraged versus Unleveraged ESOPs Corporate Finance Uses of ESOPs Voting of ESOP
Shares
344
 ▪ Cash Flow Implications
▪ ESOPs as an Antitakeover Defense
25 ▪ Corporate Restructuring Divestitures
▪ Divestiture and Spinoff Process Lecture PLO 8 CLO 2 Knowledge
▪ Wealth Effects of Selloffs
26 ▪ Equity Carve-outs
Lecture PLO 8 CLO 2 Knowledge
▪ Voluntary Liquidations, or Bustups Tracking Stocks
27 ▪ Restructuring in Bankruptcy Types of Business Failure Causes of Business Failure Bankruptcy
Trends Lecture PLO 8 CLO 2 Knowledge
▪ Reorganization versus Liquidation
28 ▪ Joint Ventures and Strategic Alliances Contractual Agreements
▪ Comparing Strategic Alliances and Joint Ventures with Mergers and Acquisitions Lecture PLO 8 CLO 5 Knowledge
Governance of Strategic Alliances

345
THE END

346