Professional Documents
Culture Documents
(BBA) 2019-2023 GCUF Course Outline
(BBA) 2019-2023 GCUF Course Outline
(BBA) 2019-2023 GCUF Course Outline
Course Specifications
Financial Accounting 1
Com-301
Fall - 2020
h t t p: / / w w w . gc u f . e du. pk /
COURSE SPECIFICATIONS
Basic Information
Course Title: Financial Accounting 1.
Course Code: com-301
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Principles of Accounting
Program(s) on which the course is given: BBA-1st-Semester
Is the course major or minor element of the Major: Minor:
program:
Department offering the program: Lyallpur Business School (LBS)
Department offering the course: LBS
Academic year/level:
Revision #:
Last revised on (date):
Course Description:
The primary aim of Financial Accounting is to provide students with an introduction to
the process and function of financial reporting. Whilst a large proportion of the
course is aimed at understanding accounting as a process, taking a preparers‟
perspective, we will also seek to develop an understanding of the importance of the
role of accounting in today’s society.
Learning Outcomes:
On completion of this course, the student will be able to:
Journal Proper
Journal Proper: Definition, Opening Entries, Closing
and Summary Entries, Adjustment Entries, Rectifying Entries, Transfer
5 of Book Entries, Rare Transactions, Summary of Book Keeping to
keeping to the the Trial Balance.
Trial Balance
Grading Criteria
Letter Grade Percentage Marks
A 80 -100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and prepared
for the day. You should be fully prepared to discuss and debate the course
material assigned for that date. You are expected to participate at all levels and
offer objective praise and criticism of your classmates’ analyses and conclusions.
This course is not for the meek or timid. You must contribute to the greater
understanding of marketing and marketing management. This course is a
combination of doing (homework), thinking, and discussing.
Class Participation and Individual Conduct
You should make every effort to attend each class meeting. In addition, it is
important that you prepare for each class by reading the relevant book chapters
before the class session in which it will be discussed. You will also be expected to
participate in class discussion and complete in‐class exercises that will be based
on these reading assignments. Your participation grade will be based on
contribution and attendances (be punctual, attend classes, come prepared by
doing the readings, show initiative in the discussion). Note that students who only
“show up” should not expect even an average score. You must be present in
class in order to receive credit for in‐class exercises, quizzes, participation, etc.
Eating, sleeping, reading, texting, listening to or working on unrelated materials,
sidebar conversations, or “multi‐tasking” using a computer or other electronic
device is not permitted. Laptops (and similar devices) may be used in class for
course related activities such as taking notes. Students may bring drinks such as
water.
In terms of performance in this class, I have very high expectations and anticipate
outstanding work from each of you. I hope for a very positive experience for us
all. Keep in mind that if you do not deliver outstanding work then you will be
graded to reflect this. I ask that you contact me directly and immediately if you
ever have any questions or concerns regarding the class, any particular
assignments, or your grade(s). I am always willing to help.
I do ask that all students be respectful and courteous to other class members as
well as the professor. This includes turning off cell phones and other electronic
devices before class begins and arriving to class on time, as walking in late is
disruptive to other classmates and the professor. Those who walk in late will likely
not receive attendance credit for that day.
Etc.:
It is certified that all work i submit for a grade in this class is original and prepared
for this class only.
Course Specifications
Fall- 2020
h t tp : / /w w w . g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Principles of Micro Economics
Course Code: ECO-301
Course Description:
The course provides an introduction to a core area of economics known as microeconomics. It
considers the operation of a market economy and the problem of how best to allocate society's
scarce resources. The course considers the way in which various decision making units in the
economy (individuals and firms) make their consumption and production decisions and how these
decisions are coordinated. It considers the laws of supply and demand, and introduces the theory
of the firm, and its components, production and cost theories and models of market structure. The
various causes of market failure are assessed, and consideration is given to public policies designed
Our weekly class Instructions and discussions will follow this format:
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In
that sense, I plan to mentor each of you so that you learn how to make the best decisions
possible, to understand and apply key marketing concepts, and to prepare you to
become productive employees upon graduation. I will do my best to help each of you
grow into the best marketer you choose to become. Thus, besides class time, where I will
often put you on the spot, I expect there will be many times we will communicate outside
of class, and I will do my best to help you in a timely fashion.
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and prepared for
the day. You should be fully prepared to discuss and debate the course material assigned
for that date. You are expected to participate at all levels and offer objective praise and
criticism of your classmates’ analyses and conclusions. This course is not for the meek or
timid. You must contribute to a greater understanding of Consumer Behavior. This
course is a combination of doing (homework), thinking, and discussing.
Course Specifications
Managerial Accounting
COM-554
Fall 2020-21
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Managerial Accounting
Course Code: COM-554
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Financial Accounting
Co-requisite(s):
Program(s) on which the course is given: BBA-LBS
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Lyallpur Business School
Academic year/level: Second Year / 3rd Semester
Revision #: First
Last revised on (date): 25-09-2020
Course Description:
The Course deals with examining Cost and Managerial Accounting as a tool for providing
information for costing, internal reporting, and external reporting as well as for managerial decision
making. The broad course objectives are to help students to understand the central concepts of Cost
and Management Accounting, the methods of conducting data analysis and preparation of reports
for managerial decision making.
1. Discuss the similarities and differences among Financial Accounting, Cost Accounting and
Managerial Accounting
2. Make distinction among various classifications of cost (Direct Cost, Indirect Cost, Fixed
Cost, Variable Cost, Product Cost, Period Cost, Controllable able Cost, Uncontrollable
Cost, Historical Cost, Predetermined Cost, Material Cost, Labour Cost, Overhead Cost,
Sunk Cost, Opportunity Cost, Imputed Cost, Differential Cost, Shut Down Cost, Out of
Pocket Cost, Marginal Cost, Conversion Cost, Joint Cost, Common Cost, Normal Cost,
Abnormal Cost, Relevant Cost, Irrelevant Cost)
3. Prepare the schedule of cost of goods sold at Normal and Actual of different business
concerns
4. Determine, plan and control of different types of materials, labour and overhead costs to
specific jobs
5. Compute the costs of producing a product using different methods of costing
6. Calculate break-even point and margin of safety
7. Explain the rationale for the use of budgets in planning, decision making and control
8. Prepare a master budget and its related schedules and budgets
This course builds upon the concepts and techniques to control cost driven activities.
Therefore, the main focus of our classes will be on the understanding of various concepts
and practice of different numerical exercise and problems.
Our weekly class Instructions and discussions will follow this format:
1st – 2nd Week
Various Classifications of Cost, Elements of Cost such as Material, Labour and Expenses, Cost
Ascertainment V/S Cost Estimation, Methods and Techniques of Costing
6th - 7th Week
Introduction of Financial Statements, Prime Cost, Conversion Cost, Total Factory Cost, Cost of
Goods Manufactured, Cost of Goods Sold at Normal and Actual, Cost of Goods Sold Statement of
a Trading Concern, Cost of Goods Sold Statement of a Manufacturing Concern, Income
Statements, Numerical Exercises and Problems
8th Week
Production Report, Process Costing, Normal and Abnormal Loss, Cost of Production Report with
Numerical Exercises and Problems
10th Week
Material Purchase Procedure, Store Records, Store Ledger Card, Inventory Systems: Periodic and
Perpetual, Methods of Costing of Material Issue, Inventory Planning and Control, Measurement of
Stock Levels (Order Level, Maximum Stock Level, Minimum Stock Level, Danger Level),
Economic Order Quantity (EOQ), Numerical Exercises and Problems
11th Week
The term Labour and its Classifications, Importance and Nature of Productivity, and Productivity’s
Relationship to Labour Costs, Methods of Labour Remuneration, Labour Incentive Plans,
Numerical Exercises and Problems
12th Week
Factory Overhead Predetermine and Use, Selection of Different Bases for Factory Overhead Rates,
Factory Overhead Control Account, Factory Overhead Variance Analysis, Departmentization of
Factory Overhead Cost, Allocation And Apportionment of FOH Cost, Numerical Exercises and
Problems
13th – 14th Week
Methods of setting standard costing, Criticism of standard costing, Variance Analysis, Direct
material and Direct Labor Variance Analysis, Numerical Problems of standard Costing and
variance Analysis, Numerical Exercises and Problems
15th – 16th Week
Credit Hours 3
Session 2019-2023
Faculty FE&MS
GC UNIVERSITY, FAISALABAD
FACULTY OF ECONOMICS & MANAGEMENT SCIENCES
LYALLPUR BUSINESS SCHOOL
Course Specifications
Business Finance
FALL – 2020
h t t p : / / w w w.g c u f. ed u .p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Business Finance
Course Code: FIN-402
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Financial Accounting
Co-requisite(s):
Program(s) on which the course is given: BBA- 3rdSemester
3 Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Finance Division
Academic year/level: 3
Revision #:
Last revised on (date): FALL 2020
Course Description
Business Finance course aims at imparting knowledge about the very basic concepts and
tools of Business Finance. It emphasizes the importance of Business Finance skills to
individuals and enterprises. It deals with the finance function in an organization, the role
of the finance manager and the financial environment in which the firm operates. The
financial environment covers the understanding of financial and capital markets along with
the broad orientation of macro-economic factors affecting the business. The emphasis will
remain on developing the skills for planning, appraising and evaluating the investment,
financing and operating decisions.
LEARNING OUTCOMES
On completion of the course, students will be able to understand:
1. Functions of business finance and finance manager.
2. The basics of finance theory and its applications to corporate financial decisions.
3. Analysis of financial statements.
4. Tools and techniques of time value of money for investing decisions.
5. Concepts of risk and return for portfolio management.
6. The principles of capital structure.
7. The concept of cost of capital.
Learning Outcomes:
Our weekly class Instructions and discussions will follow this format:
8th Week
Chapter 5: Risk and Return, (Fundamentals of Financial Management by James C. Van Horne and
John M. Wachowicz, Jr. (Page 98-105), 13th edition, Published by Prentice Hall, Pearson education)
15-16th Week
Chapter 8: Overview of Working Capital Management, (Fundamentals of Financial Management by
James C. Van Horne and John M. Wachowicz, Jr. (Page 205-220), 13th edition, Published by
Prentice Hall, Pearson education)
Class Format:
Business Finance is a concept based and practical course, thus most of our classes will
be focused on discussion of topics and related numerical.
Our weekly class Instructions and discussions will follow this format:
Grading Criteria
Letter Grade Percentage Marks
A 80 -100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Dress Code:
Formal business attire only (Dress Shirt and Tie) T-shirts are NOT ALLOWED for online
classes, and if normal class sessions resume then full formal dress is advised.
Not sure, what this dress code means? Read When Job-Hunting: Dress for Success.
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In
that sense, I plan to mentor each of you so that you learn how to make the best decisions
possible, to understand and apply key marketing concepts, and to prepare you to
become productive employees upon graduation. I will do my best to help each of you
grow into the best accountant you choose to become. Thus, besides class time -- where I
will often put you on the spot -- I expect there will be many times we will communicate
outside of class, and I will do my best to help you in a timely fashion.
Student Responsibilities:
You are expected to join class in time, and prepared for the day. You should be fully
prepared to discuss and debate the course material assigned for that date. You are
expected to participate at all levels and offer objective praise and criticism of your
classmates’ analyses and conclusions. This course is not for the meek or timid. You must
contribute to the greater understanding of marketing and marketing management. This
course is a combination of doing (homework), thinking, and discussing.
You should make every effort to attend each class meeting. In addition, it is important
that you prepare for each class by reading the relevant book chapters before the class
session in which it will be discussed. You will also be expected to participate in class
discussion and complete in‐class exercises that will be based on these reading
assignments. Your participation grade will be based on contribution and attendances (be
punctual, attend classes, come prepared by doing the readings, show initiative in the
discussion). Note that students who only “show up” should not expect even an average
score. You must be vigilent in class sessions in order to receive credit for in‐class
exercises, quizzes, participation, etc.
Eating, sleeping, texting, listening to or working on unrelated materials, sidebar
conversations, or “multi‐tasking” using a computer or other electronic device is not
permitted.
In terms of performance in this class, I have very high expectations and anticipate
outstanding work from each of you. I hope for a very positive experience for us all. Keep
in mind that if you do not deliver outstanding work then you will be graded to reflect
this. I ask that you contact me directly and immediately if you ever have any questions
or concerns regarding the class, any assignments, or your grade(s). I am always willing
to help.
I do ask that all students be respectful and courteous to other class members as well as
the professor. This includes turning off meeting audio and other electronic devices
before class meeting begins and joining to class on time. Those who join late will likely
not receive attendance credit for that day.
Etc.:
It is expected that all work you submit for a grade in this class be original and prepared
for this class only.
I am always willing to see my students and will go out of my way to schedule meetings.
Please make sure that if you make an appointment that you keep it.
Finally, as will quickly become apparent, e-mail is by far the easiest and most reliable
method to reach me.
Contact Details:
Ghazala Benish Lecturer,
Lyallpur Business School,
Faculty of Economics & Management Sciences,
GC University, Faisalabad, Pakistan.
Office Hours Tuesday 9:00 AM to 11:00 PM
E-Mail: benishtoor@gcuf.edu.pk
Course Specifications Developed By: Reviewed By (Dean FEMS):
Ghazala Benish Dr. Safdar Husain Tahir
Date:25-09-2020 Date: 2-10-2020
GC UNIVERSITY, FAISALABAD
Course Specifications
Principles of Marketing
MKT-401
Fall – 2020-21
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Principles of Marketing
Course Code: MKT-401-
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Introduction/Fundamentals of Business
Co-requisite(s): Nil
Program(s) on which the course is given: BBA Business Administration
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Lyallpur Business School
Academic year/level: 2nd Year/ 3rd Semester
Revision #: Nil
Last revised on (date): 01 Oct 2020
Course Description:
The basic objectives of this course are to provide you with a broad introduction to
marketing concepts, help you understand the factors that influence marketing decisions, and
focus attention on the vital role of marketing in today’s global economy. Marketing is the
business function that identifies customer needs and wants, determines which target markets the
organization can serve best, and designs appropriate products, services, and programs to serve these
markets. It guides the entire organization. The goal of marketing is to create customer satisfaction
by building value-based relationships with customers, in conjunction with other internal and
external business units. The end-result is gaining market leadership by understanding consumer
needs and finding solutions of superior value, quality, and service.
The objective of this course is to take a practical, managerial approach to marketing. It gives the
student a comprehensive and innovative, managerial and practical introduction to marketing. The
Principles of Marketing provides in-depth exposure to practical examples and applications about
managerial decisions. These include the trade-off between the organization’s objectives and
resources against needs and opportunities in the marketplace.
Our weekly class Instructions and discussions will follow this format:
Week Module Intended Main Learning Objectives
▪ Know what marketing is and why you should
learn about it.
▪ Understand the difference between marketing
Chapter – 1: and macro-marketing.
(Page 03 –33 of ▪ Understand what a market driven economy is
TEXT BOOK) and how it adjusts the macro-marketing system.
▪ Know what the marketing concept is –and how
1-2 Marketing: it should guide a firm or non-profit major
Creating Customer organization.
Value and
Engagement ▪ Understand what customer value is and why it
is important to customer satisfaction.
▪ Understand the contemporary terms in
marketing.
▪ Company-Wide Strategic Planning: Defining
Chapter – 2: Marketing’s Role
(Page 37–64 of ▪ Defining a Market-Oriented Mission,
TEXT BOOK) Objectives and Goals
▪ Marketing: Creating Customer Value and
Company and
3 engagement,
Marketing Strategy:
▪ Designing the Business Portfolio, Marketing
Partnering to Build
Mix
Customer
Engagement, Value, ▪ Analyzing the Current Business Portfolio
and Relationship ▪ The Boston Consulting Group Approach
▪ Developing Strategies for What Is Marketing?
▪ Know the variables that shape the environment
of marketing strategy planning.
▪ Understand why company objectives are
important in guiding marketing strategy
planning.
Chapter – 3: ▪ Understand how the economic and
(Page 65 –94 of technological environments can affect strategy
TEXT BOOK)
planning.
4
▪ Know how elements of the political and legal
Analyzing the
environment affect marketing strategy
Marketing
Environment planning.
▪ Understand the cultural and social environment
and how demographic trends affect strategy
planning.
▪ Understand how to screen and evaluate
marketing strategy opportunities.
▪ Model of Consumer Behavior
Chapter – 5: ▪ Buying Decision Behavior and Decision
(Page 129 –160 of Process
TEXT BOOK) ▪ They Buyer Decision Process for New Products
5-6 ▪ Characteristics Affecting Consumer Behavior
Consumer Markets ▪ Cultural Factors
and Buyer Behavior ▪ Social Factors
▪ Personal Factors
▪ Psychological Factors
Chapter – 6: ▪ Describe who the business and organization
(Page 161 –184 of buyers are.
TEXT BOOK) ▪ See why business and organizational purchase
decisions often involve multiple influences.
7 Business and ▪ Understand the different types of buyer seller
Organizational relationships and their benefits and limitations.
Customers and Their ▪ Know about the number and distribution of
Buying Behavior manufacturers and why they are important
customer group.
▪ Know how buying by service firms, retailers,
wholesalers and governments similar to-and
different from-buying by manufacturers.
▪
MID Term Examination
Chapter – 7: ▪ Know about defining generic markets and
(Page 185 –217 of product markets.
TEXT BOOK) ▪ Know what market segmentation is and how to
segment product markets in to submarkets.
Customer Value- ▪ Recognize how some computer aided methods
8
Focusing Marketing are used in segmenting.
Strategy with ▪ Know dimensions that may be useful for
Segmentation and
segmenting markets.
Positioning
▪ Know what positioning is and why it is useful.
Grading Criteria
Letter Grade Percentage Marks
A 80 -100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Dress Code:
Formal business attire only (Dress Trouser, Shirt, Tie, Dress Shoes) Jeans and Joggers NOT
ALLOWED.
Not sure what this dress code means? Read When Job-Hunting: Dress for Success.
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In that sense,
I plan to mentor each of you so that you learn how to make the best decisions possible, to
understand and apply key marketing concepts, and to prepare you to become productive
employees upon graduation. I will do my best to help each of you grow into the best marketer you
choose to become. Thus, besides class time -- where I will often put you on the spot -- I expect
there will be many times we will communicate outside of class, and I will do my best to help you
in a timely fashion.
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and prepared for the day.
You should be fully prepared to discuss and debate the course material assigned for that date. You
are expected to participate at all levels and offer objective praise and criticism of your classmates’
analyses and conclusions. This course is not for the meek or timid. You must contribute to the
greater understanding of marketing and marketing management. This course is a combination of
doing (homework), thinking, and discussing.
You should make every effort to attend each class meeting. In addition, it is important that you
prepare for each class by reading the relevant book chapters before the class session in which it
will be discussed. You will also be expected to participate in class discussion and complete in‐
class exercises that will be based on these reading assignments. Your participation grade will be
based on contribution and attendances (be punctual, attend classes, come prepared by doing the
readings, show initiative in the discussion). Note that students who only “show up” should not
expect even an average score. You must be present in class in order to receive credit for in‐class
exercises, quizzes, participation, etc.
Eating, sleeping, reading, texting, listening to or working on unrelated materials, sidebar
conversations, or “multi‐tasking” using a computer or other electronic device is not permitted.
Laptops (and similar devices) may be used in class for course related activities such as taking
notes. Students may bring drinks such as water.
Etc.:
It is expected that all work you submit for a grade in this class be original and prepared for this
class only.
I am always willing to see my students and will go out of my way to schedule meetings. Please
make sure that if you make an appointment that you keep it.
Finally, as will quickly become apparent, e-mail is by far the easiest and most reliable method to
reach me.
Contact Details:
Dr. Muhammad Abrar Associate Professor/Chairperson
Department of Industrial Management,
Faculty of Economics & Management
Sciences,
GC University, Faisalabad, Pakistan.
Office Hours Monday & Friday 10:00 to 04:00 PM
Phone(office): 041-9239330 E-Mail: abrarphd@gcuf.edu.pk
Course Specifications Developed By: Reviewed By (Dean FE & MS):
Dr. Muhammad Abrar Prof. Dr. Hazoor Muhammad Sabir
Date: 09-02-2017 Date: 13-02-2017
FIN-501
Course Code
3
Credit Hours
Fall 2020-21
Semester
2018-2022
Session
LBS (Finance)
Department
FE&MS
Faculty
GC UNIVERSITY, FAISALABAD
Course Specifications
Financial Management
FIN-501
FALL – 2020-21
h t t p : / / w w w .g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Financial Management
Course Code: FIN-501
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Business Finance, Financial Accounting
Co-requisite(s):
Program(s) on which the course is given: BBA 5th Semester
Is the course major or minor element of the Major: Minor:
program?
Department offering the program: Lyallpur Business School
Department offering the course: LBS
Academic year/level: 3
Revision #:
Last revised on (date): 20-09-2020
Course Description:
The module aims at building competence in Financial Management further by extending the
coverage in Business Finance module to include three more of the finance functions – financial
planning and control, working capital management and financing sources. It continues to
emphasize strategic decision-making techniques that best serve the interests of shareholders, which
is to maximize the value of the company.
Course Objectives:
The course aims to offer students a unique case setting to understand how concepts of financial
management are applied in the real world and generate a lasting impact on firm value.
Learning Outcomes:
At the end of this course the student will be able to understand:
1. Role of financial planning and control– financial forecasting and cash budgeting tools – in
planning for the firm’s short-term financial requirements
2. Working capital and its components, applications of different techniques that managers can use
to manage various aspects of working capital – cash and liquidity, credit and receivables,
inventories, etc.
3. Short term sources of financing
4. Long term financing –equity, debentures etc.
Our weekly class Instructions and discussions will follow this format:
Further Reading: CASE STUDY: The Lazy Mower: Is it Really Worth it. (book page#60 -
Cases in Finance by Jim DeMello 2nd edition, Published by McGraw-Hill International.)
14th – 15th Week
Chapter 13: Capital Budgeting Techniques (Fundamentals of Financial Management by James C.
Van Horne and John M. Wachowicz, Jr. (Pages 323-351), 13th edition, Published by Prentice
Hall, Pearson education).
Further Reading: CASE STUDY: Too Hot To Handle (book page#73 - Cases in Finance by
Jim DeMello 2nd edition, Published by McGraw-Hill International.)
16th Week
Chapter 14: Risk and Managerial (Real) Options in Capital Budgeting (Fundamentals of Financial
Management by James C. Van Horne and John M. Wachowicz, Jr. (Pages 353-380), 13th edition,
Published by Prentice Hall, Pearson education)
Class Format:
Financial Management is a concept based and practical course, thus most of our classes
will focus on discussion of topics and related case studies.
Our weekly class Instructions and discussions will follow this format:
Weekly Course Objectives
Week Module In this topic, We Will Address the Following
Questions.
• Introduction
Working Capital • Working Capital Concepts • Significance of
3&4 Management • Working Capital Management • Profitability
and Risk
• Working Capital Issues
• Optimal Amount (or Level) of Current
Assets
• Detour: Classification of Working Capital
• Financing Current Assets: Short-Term and
• Long-Term Mix
• Hedging (Maturity Matching) Approach •
• Short-Term versus Long-Term Financing
• Combining Liability Structure and Current
• Asset Decisions
• Uncertainty and the Margin of Safety • Risk
and Profitability
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In that sense,
I plan to mentor each of you so that you learn how to make the best decisions possible, to
understand and apply key financial management concepts, and to prepare you to become
productive employees upon graduation. I will do my best to help each of you grow into the best
financial manager or analyst you choose to become. Thus, besides class time -- where I will often
put you on the spot -- I expect there will be many times we will communicate outside of class,
and I will do my best to help you in a timely fashion.
Student Responsibilities:
You are expected to join the class on time, professional behaviour, and prepared for the day.
You should be fully prepared to discuss and debate the course material assigned for that date. You
are expected to participate at all levels and offer objective praise and criticism of your classmates’
analyses and conclusions. This course is not for the meek or timid. You must contribute to the
greater understanding of finance and financial management. This course is a combination of doing
(homework), thinking, and discussing.
You should make every effort to attend each class meeting. Also, it is important that you prepare
for each class by reading the relevant book chapters before the class session in which it will be
discussed. You will also be expected to participate in class discussion and complete in‐class
exercises that will be based on these reading assignments. Your participation grade will be based
on contribution and attendances (be punctual, attend classes, come prepared by doing the readings,
show initiative in the discussion). Note that students who only “show up” should not expect even
an average score. You must be present in class to receive credit for in‐class exercises, quizzes,
participation, etc.
Eating, sleeping, reading, texting, listening to or working on unrelated materials, sidebar
conversations, or “multi‐tasking” is not permitted.
General Expectations & Classroom Etiquettes.
In terms of performance in this class, I have very high expectations and anticipate outstanding
work from each of you. I hope for a very positive experience for us all. Keep in mind that if you
do not deliver outstanding work then you will be graded to reflect this. I ask that you contact me
directly and immediately if you ever have any questions or concerns regarding the class, and
assignments, or your grade(s). I am always willing to help.
I do ask that all students be respectful and courteous to other class members as well as the
professor. This includes turning off cell phones before class begins and joining the class on time,
as joining late is disruptive to other classmates and the professor.
Etc.:
It is expected that all work you submit for a grade in this class be original and prepared for this
class only. I am always willing to see my students and will go out of my way to schedule meetings.
Please make sure that if you make an appointment that you keep it.
Finally, as will quickly become apparent, e-mail is by far the easiest and most reliable method to
reach me.
Contact Details:
Dr. Safdar Husain Tahir Associate Professor,
Lyallpur Business School,
Faculty of Economics & Management
Sciences,
GC University, Faisalabad, Pakistan.
Office Hours Friday 9:00 AM to 12:00 PM
Phone(office): 041-9203020 E-Mail: drsafdar@gcuf.edu.pk
Course Specifications Developed By: Reviewed By (Dean FE MS):
Dr. Ahsan Riaz Dr. Safdar Husain Tahir
Date: 20-09-2020 Date: 25-09-2020
GC UNIVERSITY, FAISALABAD
FACULTY OF ECONOMICS & MANAGEMENT SCIENCES
LYALLPUR BUSINESS SCHOOL
Course Specifications
Operations Management
MGT-501
Fall, 2020
h t t p : / / w w w .g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Operations Management
Co-requisite(s):
The course has multiple goals, including providing students with a range of skills. This course aims
to provide an introductory understanding of operations management that will serve as a good
foundation for understanding organization’s operations management strategies. This is extremely
useful for business graduates who are interested to pursue a career in operations management, in a
less developed country like Pakistan. The course will cover topics definition of ‘operations’ and
‘operations management’ roles and responsibilities of operations managers in different
organizational contexts, the difference between manufacturing and service operations,
transformation process, operational and administrative processes in an organization, process layout,
method of productions, facility layout, capacity planning, process design, facility layout and
location.
This subject also covers a range of topics and tools to assist students in understanding business
operations both in the manufacturing and service sectors prevailing in Pakistan. It aims to develop
student’s knowledge and understanding of advanced operations planning and control challenges
relevant to modern organizations of all sizes. Domestic case studies and examples will be used
from a range of sectors including manufacturing, service, and public sectors.
Learning Outcomes:
Upon completion of this course, the student will be able to:
1. Understand the importance of operations management in today’s global environment,
2. Understand the strategic role of operations/production management in manufacturing and
services,
3. Identify the key concepts of Operations Management (forecasting, product life cycle,
quality.
4. Demonstrate a critical understanding of operations management principles and their
appropriate usage in domestic organizations,
5. Demonstrate knowledge and understanding of operations management tools and
techniques,
6. Demonstrate a critical awareness of current issues regarding operations and processes in
different sectors (location, layout, transportation, and inventory).
7. Identify supply chain and inventory management issues and how Pakistani organizations
deal with them.
Our weekly class Instructions and discussions will follow this format:
Orientation Session: Introduction to the subject, objectives and contents. General concepts of
Operations Management. Process management, Scope of operation management, importance of
learning OM, OM and decision making, Historical evolution of operations management.
Operations today in Pakistan’s business environment, current issues of OM in Pakistan and its
implications. Source: Chapter no. 1 (page no 4-27)
Chapter – 2: Competitiveness, Strategy, and Productivity: Introduction, competitive, mission
and strategies, operations strategy, implications of organization strategy for operations
management. Productivity, why it matters for economy? Productivity issues in Pakistan
Productivity improvement. Operation’s strategy and competitiveness in Pakistan.
Source: Chapter no. 2 (page no 42-65) Operations Management, 12th edition, Stevenson.
3rd Week
Liu, J., Hu, H., Tong, X., & Zhu, Q. (2020). Behavioral and technical perspectives of green supply
chain management practices: Empirical evidence from an emerging market. Transportation
Research Part E: Logistics and Transportation Review, 140, 102013.
4th - 5th Week
Product and Service Design: Introduction, Process of Product and service design, multiple
considerations while designing product/service internationally or domestically including legal,
ethical, human, cultural, environmental and other design consideration, phases in product design
and development, service design, product and service growth in Pakistan and the importance of
product/service development and design.
Source: Chapter no. 3 (page no 132-165)
Strategic Capacity Planning for Products and Services: Introduction, Capacity decision, how
to measure capacity, determinants of effective capacity, factors that are important in capacity
planning and major considerations and challenges related to developing capacity alternatives in
the production scenario of Pakistan.
Source: Chapter no. 5 (page no 182-212) (Operations Management, 12th edition, Stevenson)
Process Selection and Facility Layout. Source: Introduction, process types and process selection
strategies, layout types and designing process layouts, role of technology in process and layout
design. Prevailing challenges and issues in Pakistan product and service industries.
Source: Chapter no. 6 (page no 234-275) (Operations Management, 12th edition, Stevenson)
Design of work system. Source: Introduction, quality of work life, job design and its approaches,
work measurements, issues of work/job design in Pakistan.
Source: Chapter no. 7 (page no 285-310) (Operations Management, 12th edition, Stevenson)
8th Week
Location Planning and Analysis: Importance of location decisions, procedure for making location
decision, globalization and geographical location decisions. Factors affecting location decisions.
Location evaluation. Implication of location decisions in Pakistan on overall economy.
Source: Chapter no. 8 (page no 332-350) (Operations Management, 12th edition, Stevenson)
Supply Chain Management: Introduction, trends in supply chain management, needs for SCM,
benefits, elements of SCM global supply chain management, procurement, logistics, growing
popularity and implications of SCM in Pakistan, how to create effective SC, issues and challenges
in creating effective SC.
Source: Chapter no. 15 (page no 662-690) (Operations Management, 12th edition, Stevenson)
Project Management: Introduction, lifecycle, success factors, Project life cycle,, responsibilities
of project manager, scope of project management in Pakistan.
Source: Chapter no. 17 (page no 740--790) (Operations Management, 12th edition, Stevenson)
16th Week
1-2
• General concepts of Operations Management.
• Process management, Scope of operation
management, importance of learning OM, OM and
decision making, Historical evolution of operations
Introduction to management.
Operations • Operations today in Pakistan’s business environment,
Management current issues of OM in Pakistan and its implications.
Competitiveness, • Introduction, competitive, mission and strategies,
Strategy, and operations strategy, implications of organization
Productivity strategy for operations management.
• Productivity, why it matters for economy?
• Productivity issues in Pakistan Productivity
improvement. Operation’s strategy and
competitiveness in Pakistan.
• Features common to all forecasts, elements of a
3 Forecasting:
good forecast, forecasting and the supply chain,
steps in the forecasting process, forecasting
accuracy, and forecasts approaches.
• Importance of Forecasting for Pakistan
manufacturing concerns.
• Process of Product and service design, multiple
considerations while designing product/service
internationally or domestically including legal,
ethical, human, cultural, environmental and other
design consideration.
• Phases in product design and development, service
Product and Service design, product and service growth in Pakistan and
Design the importance of product/service development and
Strategic Capacity
4-5 design.
Planning for
Products and • Capacity decision, how to measure capacity,
Services: determinants of effective capacity,
• Factors that are important in capacity planning and
major considerations and challenges related to
developing capacity alternatives in the production
scenario of Pakistan.
•
Importance of location decisions, procedure for
making location decision, globalization and
Location Planning
geographical location decisions.
and Analysis:
8 • Factors affecting location decisions.
Management of
• Location evaluation.
Quality
• Implication of location decisions in Pakistan on
overall economy.
• Importance of inventories, objective of inventory
control, requirements for effective inventory
Inventory management
Management: • Inventory ordering policies, Economic Order
10 - 11 Aggregate Planning Quantity, Reorder point, intervals, JIT and Lean
and Scheduling Operations. Inventory systems in Pakistan.
• Basic strategies for meeting uneven demand,
techniques for aggregate planning, master
scheduling.
• Trends in supply chain management,
Supply Chain
12 - 13 • Need for SCM, benefits, elements of SCM global
Management
supply chain management,
• Procurement, logistics, growing popularity and
implications of SCM in Pakistan,
• How to create effective SC, issues and challenges in
creating effective SC.
-White Board
-Multimedia
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In
that sense, I plan to mentor each of you so that you learn how to make the best decisions
possible, to understand and apply key marketing concepts, and to prepare you to
become productive employees upon graduation. I will do my best to help each of you
grow into the best marketer you choose to become. Thus, besides class time, where I will
often put you on the spot, I expect there will be many times we will communicate outside
of class, and I will do my best to help you in a timely fashion.
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and prepared for
the day. You should be fully prepared to discuss and debate the course material assigned
for that date. You are expected to participate at all levels and offer objective praise and
criticism of your classmates’ analyses and conclusions. This course is not for the meek or
timid. You must contribute to a greater understanding of Consumer Behavior. This
course is a combination of doing (homework), thinking, and discussing.
Course Specifications
MGT-503
BUSINESS ETHICS
and
CORPORATE SOCIAL RESPONSIBILITY
Fall – 2020-21
http://www.gcuf.edu.pk/
GC UNIVERSITY, FAISALABAD
FACULTY OF ECONOMICS & MANAGEMENT SCIENCES
LYALLPUR BUSINESS SCHOOL
Course Specifications
Fall, 2020
h t t p : / / w w w .g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Industrial Safety & Risk Management
Co-requisite(s):
Program(s) on which the course is given: BBA-LBS 5th Semester (Morning & Evening
C/D)
Is the course major or minor element of the program: Major: Minor:
Course Description:
Each subject at BBA (Hons) level requires a set of aims and learning outcomes which is required
from both lecturers and students. The aims and learning outcomes also guide the way by which
performance on the subject is assessed. Assessments are used to determine the degree to which you
have achieved the desired learning outcomes of the module. The course seeks to provide
participants with a working knowledge and an in-depth understanding of different prevailing
Standards in the business world, that are developed to ensure Industrial Safety and managing of
all risks associated with management systems.
The main objective of this course is to develop the ideas of the students about the standards (quality,
environment, occupational health, risk management etc.) in products/services firms because it is a
prerequisite for becoming a player in domestic and global market. This course reflects the growing
recognition of the need to train and educate the students for different standards or management
systems in all types of organization. For example, Quality Management system is a management
approach that originated in the 1950's and has steadily become more popular since the early 1980's.
It is basically a management philosophy that seeks to integrate all organizational functions
(marketing, finance, design, engineering, production, customer service, etc.) to focus on fulfilling
customer needs and organizational objectives.
These lectures are designed to communicate the fundamentals of the above-mentioned subject.
The weekly topics that will be covered are outlined in the schedule below.
Week Topics
Orientation Session: Introduction to the course and class, formation of
student’s groups for different activities
Lecture 1: Evidences of Industrial disasters to discuss the importance of the
Week 1 subject.
Lecture 2: General concepts of system, process, business types (services &
manufacturing), types of system in organization.
Lecture 1: Basic terminologies, Industrial safety and its objectives, strategic
significance of Industrial safety, causes of industrial accidents & measure to
ensure industrial safety.
Week 2 Lecture 2: Introduction to Standard, how standards help business
organization? Aims, international standard bodies (ISO, IEC, EN).
1st Reading: Article in Safety Science
Total Safety Management: Principles, processes and methods (T. Kontogiannisa,
M.C. Levab & N. Balfe)
Lecture 1: Introduction to quality, principles of Total Quality Management,
background, quality determinants and dimensions for product and service,
consequences of poor quality and benefits of quality.
Week 3 Lecture 2: Quality management system, objectives of quality management
system, quality awards, reason for developing quality awards, quality gurus,
ISO 9000, how does it work?
Lecture 1: Introduction to Environment Management System, objectives,
EMS time line, benefits of EMS, EMS model, issues and challenges.
Week 4 Lecture 2: Introduction to Safety Management System, key processes and
elements
Lecture 1 & 2: Importance of health and safety at workplace. Occupational
Week Health and Safety Management System ISO 45001, objectives and its
5&6
significance at workplace, Slips and trips, work at height, General safety rules,
how to be an effective safety leader?
Lecture 3 & 4: Pakistan Occupational Health and Safety Act 2018. Impacts of
regulations, Hazards, types of Hazards, and protection measures.
2nd Reading: (Article in International Journal of Science, Environment and
technology) Occupational health, safety and Risk Analysis
Grading Criteria:
Grads are a measure of the performance of a student in individual courses. Each student shall be
judge on the basis of how well he or she has command of the course materials. The grading will
Required Learning Resources
Required Book(s): 1. Quality systems and Standards for a Competitive Edge
J. Luis Guasch, Jean-Louis Racine, Isabel Sánchez.
2.Industrial Safety and Health Management, 7th Edition
C.Ray Asfahl, David W.Rieske
Reference Book(s): 1. Easy guide to health and safety
Phil Hughes & Liz Hughes
be done as per policy of the university. However, the final grade for the course will be determined
based on the total points accumulated in the below areas with following weight age:
Academic Dishonesty:
Cheating in exams or any other form of academic dishonesty very seriously, it will jeopardize
your grade in this course
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In that
sense, I plan to mentor each of you so that you learn how to make the best decisions possible,
to understand and apply key concepts related industrial safety systems and risk management
standard, and to prepare you to become productive employees upon graduation. I will do my
best to help each of you grow into the best manager you choose to become.
Student Responsibilities:
You are expected to arrive to class on time and professionally dressed. You should remember
that a single lecture on a topic cannot cover everything you need to know to pass the
assessments well. You are expected to undertake some reading and preparation before attending
classes. You are expected to listen, respond, ask questions and show respect to other who are
talking in the class. Attendance is extremely important. If you miss class, it will be your
responsibility to get any material you miss from one of your classmates.
Keeping in view COVID-19 19, you need to have good access to the web, email, and required
App’s.
Contact Details:
Ms. Irum Shahzadi Lecturer (Division of Management)
Lyallpur Business School,
Faculty of Economics & Management
Sciences, GC University, Faisalabad,
Pakistan.
Office Hours Meet By (on line) appointment;
Monday-to-Friday
(Ground floor, Female work station)
Phone E-Mail:
irum. shahzadi@gcuf.edu.pk
irum1s@hotmail.com
Course Specifications Developed By: Reviewed By
Ms. Irum Shahzadi Dr. M. Shahid Tufail
Date: 19.10.2020
GC UNIVERSITY, FAISALABAD
FACULTY OF ECONOMICS & MANAGEMENT SCIENCES
LYALLPUR BUSINESS SCHOOL (LBS)
Course Specifications
Consumer Behavior
MKT-501
Spring – 2020
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Consumer Behavior
Course Code: MKT-501
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Principles of Marketing /
Marketing Management
Co-requisite(s):
Program(s) on which the course is given: BBS-4thSemester (M)
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School (LBS)
Department offering the course: LBS (Marketing)
Academic year/level: 4
Revision #:
Last revised on (date): 07.02.2020
Course Description:
How does who do what and why? The field of consumer behavior attempts to explain
and predict the ways in which consumers think and behave in given situations. How do
consumers interpret advertising information? Why do people buy? Why not? Who and
what are consumers relying upon for information? How can marketers predict behaviors
from attitudes? How do consumers make decisions? How do we consume and dispose of
products? To answer these questions, consumer behavior draws heavily on the disciplines
of psychology, economics, sociology and anthropology. In this course, you will survey the
relevant theory and learn how to apply these concepts to real world marketing situations.
Class-time discussion of theory always will be supported with examples drawn from past
and current business practices as well as consumers’ everyday lives; we will be
considering the social, ethical, regulatory, environmental and Technological contexts in
which consumers think and act.
Consumer Behavior investigates the manner that people interact with products and their
marketing environment. This can include the purchase of products (a new stereo), the
consumption of services (Disneyland), or the disposal of goods (eBay). Since we are all
consumers in the market place in some form consumer behavior can also tell us something
about ourselves. As a result, I think, consumer behavior (or CB) is one of the most
interesting topics in Marketing. Understanding consumers enables marketers to more
effectively meet the needs of buyers in the market, and be more successful in the market.
The study of Consumer Behavior will help you to understand how to apply concepts like
learning, personality, motivation, perception, attitudes, communication and decision
making in the following ways;
▪ The psychologies of how consumers’ think, feel, reason and select between
different alternatives (e.g. brands, products);
▪ The psychology of how the consumer is influenced by his or her environment (e.g.
culture, family, signs, media);
▪ How consumer motivation and decision strategies differ between product that
differ in their level of importance or interest that they entail for the consumer; and
▪ The behavior of consumers while shopping or making other marketing decisions;
▪ Limitations in consumer knowledge or information processing abilities to
influence decisions and marketing outcome
▪ How marketers can adapt and improve their marketing campaigns and marketing
strategies to more effectively reach the consumer.
You will learn how to apply consumer behavior concepts in tailoring your marketing and
brand strategies to be able to promote your brand and persuade your customer to
purchase it. The application of this information will be in the fields of;
Learning Outcomes:
▪ Understand and discuss critically how consumers think, feel, reason, and select
between different alternatives (e.g., brands, products) and how marketers can
adapt and improve their marketing to more effectively reach the consumer
▪ Critically assess the nature and scope of consumer behavior.
▪ Describe and critically discuss key consumer behavior terminology, concepts and
theories.
▪ Understand and critically discuss the complexities of consumer behavior and its
relevance to marketing practice.
▪ Demonstrate that they can move beyond simple description of consumer
behavior to analysis and evaluation of consumer behavior using key concepts
learnt during the course
▪ Demonstrate their ability to independently research collate, analyses and synthesis
material on an emerging issue within the field of consumer behavior
Consumer behavior is a concept based and discussion-driven course, thus the vast
majority of our classes will be focused on concepts, articles & case discussions.
Our weekly class Instructions and discussions will follow this format:
9th Week
Chapter – 4: Consumer learning (Page 148 – 167) (Consumer Behavior by Leon G.
Schiffman, Joseph Wisenblit, S. Ramesh Kumar, 12th Edition)
10th Week
Chapter – 6: Consumer Attitüde Formation and Change (Page 172 – 193) (Consumer
Behavior by Leon G. Schiffman, Joseph Wisenblit, S. Ramesh Kumar, 12th Edition)
11th Week
Chapter – 9: Reference Groups & Communities, Opinion Leaders and Word-of-Mouth
(Page 313 – 350) (Consumer Behavior by Leon G. Schiffman, Joseph Wisenblit, S. Ramesh
Kumar, 12th Edition)
CASE STUDY
Final Semester Examination
Grading Criteria
Letter Grade Percentage Marks
A 80 -100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate supervisor. In
that sense, I plan to mentor each of you so that you learn how to make the best decisions
possible, to understand and apply key marketing concepts, and to prepare you to
become productive employees upon graduation. I will do my best to help each of you
grow into the best marketer you choose to become. Thus, besides class time -- where I
will often put you on the spot -- I expect there will be many times we will communicate
outside of class, and I will do my best to help you in a timely fashion.
Dress Code:
Formal business attire only (Dress Trouser, Shirt, Tie, Dress Shoes) Jeans and Joggers
NOT ALLOWED.
Not sure what this dress code means? Read When Job-Hunting: Dress for Success.
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and prepared for
the day. You should be fully prepared to discuss and debate the course material assigned
for that date. You are expected to participate at all levels and offer objective praise and
criticism of your classmates’ analyses and conclusions. This course is not for the meek or
timid. You must contribute to the greater understanding of Consumer Behavior. This
course is a combination of doing (homework), thinking, and discussing.
You should make every effort to attend each class meeting. In addition, it is important
that you prepare for each class by reading the relevant book chapters before the class
session in which it will be discussed. You will also be expected to participate in class
discussion and complete in‐class exercises that will be based on these reading
assignments. Your participation grade will be based on contribution and attendances (be
punctual, attend classes, come prepared by doing the readings, show initiative in the
discussion). Note that students who only “show up” should not expect even an average
score. You must be present in class in order to receive credit for in‐class exercises,
quizzes, participation, etc.
Eating, sleeping, reading, texting, listening to or working on unrelated materials, sidebar
conversations, or “multi‐tasking” using a computer or other electronic device is not
permitted. Laptops (and similar devices) may be used in class for course related activities
such as taking notes. Students may bring drinks such as water.
In terms of performance in this class, I have very high expectations and anticipate
outstanding work from each of you. I hope for a very positive experience for us all. Keep
in mind that if you do not deliver outstanding work then you will be graded to reflect
this. I ask that you contact me directly and immediately if you ever have any questions
or concerns regarding the class, any particular assignments, or your grade(s). I am
always willing to help.
I do ask that all students be respectful and courteous to other class members as well as
the professor. This includes turning off cell phones and other electronic devices before
class begins and arriving to class on time, as walking in late is disruptive to other
classmates and the professor. Those who walk in late will likely not receive attendance
credit for that day.
Useful Tools / Advice:
This course is time and labor intensive. Be certain to schedule enough time in your
weekly planning to accommodate.
You need to have good access to the Web and an e-mail account.
Please always do your best work.
Etc.:
It is expected that all work you submit for a grade in this class be original and prepared
for this class only.
I am always willing to see my students and will go out of my way to schedule meetings.
Please make sure that if you make an appointment that you keep it.
Finally, as will quickly become apparent, e-mail is by far the easiest and most reliable
method to reach me.
Contact Details:
Dr. Muhammad Abrar Associate Professor/ Director
Lyallpur Business School (LBS),
Faculty of Economics & Management Sciences,
GC University, Faisalabad, Pakistan.
Office Hours Monday 10:00 to 04:00 PM
Phone(office): 041-9203020 E-Mail: abrarphd@gcuf.edu.pk
Course Specifications Developed By: Reviewed By (Dean FE & MS):
Dr. Muhammad Abrar Prof.Dr.Hazoor Muhammad Sabir
Date:07-02-2020 Date: 10-02-2020
Semester 7th (2017-2021)
Sr # Course Code Course title
1 ECO-408 Issues in Pakistan Economy
2 Entrepreneurship
MGT-601
3 Quality Management Systems
MGT-603
Course Specifications
Fall- 2020
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Issues in Pakistan Economy
Course Code: ECO-408
Course Description:
This course provides an overview of the economic history and current emerging issues of
Pakistan’s economy. The course helps students to analyze various economic problems and
challenges faced by Pakistan’s economy. The core economic issues with reference to Pakistan’s
economy covered in this course are Development Planning, unemployment, poverty, income
distribution, economic growth, inflation, trade and deficits, public debt and sectoral imbalances.
.
Recommended books: 1. Akbar, Z. (2005). Issues in Pakistan’s Economy,
Oxford Univ., Press, Karachi.
Course Specifications
Course Description:
The Entrepreneurship is basically designed for BBA students to educates and make them effective
part of organization as policy makers and for society and country as a independent entrepreneur.
After completing this course the students will be in a position to take initiative for new business
startups with complete knowledge of basic requirement to run a successful business and avoid
the chance of failure.
This course of entrepreneurship will help the students to understand the basic concept of
entrepreneurship. How the innovation in product, technology and product can be used as source
of differentiation to skim the maximum benefits from prevailing condition. Through different
entrepreneurs case studies the participant will be encouraged to take business initiative for their
own, family as well as economic growth of country and the world.
The course is primarily an interactive discussion including debates, mini cases, video lectures and
multiple opportunities to apply the theories that are discussed.
The objective of this course is to take a practical approach to handle business plan feasibility or
too start their own business. It gives the student a Basic and practical introduction to start new
business. This course provides in-depth exposure to practical examples and applications about
entrepreneurial decisions to start new business.
WEEK MODULES/CONTENTS
Entrepreneurship the need of time
What is Entrepreneurship?
1st week Economic and personal Benefits of entrepreneurship
Why Study Entrepreneurship before startups
Entrepreneurs videos for motivation
Entrepreneurship and innovation
2nd week Creativity as a prerequisite to innovation
Innovation and entrepreneurship
Opportunity through change
Windows and corridors
Innovative business case studies
Small business and corporate Entrepreneurship
Environment of small business
3rd week Case study : small is not bad
Resolution for success
Corporate entrepreneurship-Intrapreneurship
Compelling Reasons to Start a Business
12: Keep someone else from taking your idea 13: Create the
atmosphere you want 14: Be a rock star 15: Own your decisions
18th week Open session for discussion of business ideas with mentors
Course Specifications
Fall 2020-21
http://www. gcuf. edu. pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Quality Management Systems
Course Code: MGT-603
Course credits/week: Theory: 03 Lab: Nil Total: 03
Principles of Management
Pre-requisite(s): Operations and Production
Management
Co-requisite(s):
Program(s) on which the course is given: BBA 7th
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Management Division
Academic year/level: 4
Revision #:
Last revised on (date):
Course Description:
A quality management system (QMS) is a collection of business processes focused on consistently
meeting customer requirements and enhancing their satisfaction. It is aligned with an organization's purpose
and strategic direction (ISO9001: 2015). It is expressed as the organizational goals and aspirations, policies,
processes, documented information and resources needed to implement and maintain it. Early quality
management systems emphasized predictable outcomes of an industrial product production line, using simple
statistics and random sampling. By the 20th century, labor inputs were typically the most costly inputs in most
industrialized societies, so focus shifted to team cooperation and dynamics, especially the early signaling of
problems via a continual improvement cycle. In the 21st century, QMS has tended to converge with
sustainability and transparency initiatives, as both investor and customer satisfaction and perceived quality is
increasingly tied to these factors.
If you want to make career in quality management, this is a great way for
students to understand the requirements of ISO 9001:2015 and how to apply them to an organization. This
helps demonstrate its ability to consistently provide products and services that meet applicable
statutory and regulatory
requirements.
Course Objectives:
• The objective of this course is to provide a systematic survey on the theory and
implementations of quality control and management activities for different
industries.
• Understanding of the laws, principles and phenomena in the field of quality
management,
• Students in their future careers will implement the concepts and methodologies of
quality management.
• Adoption of theoretical and practical knowledge and skills in the field of quality
management.
• Acknowledge the correlation between ISO 9001 and other standards and
regulatory frameworks
• Understand the approaches, methods and techniques used for the
implementation and management of a quality management system,
Learning Outcomes:
On successful completion of the course students will be able to:
• Define the basic concepts, terminology and overcome legislative framework in the
subject area of quality, quality control and quality management system,
• Examining the prominent philosophies of quality management, such as those of
Deming and Juran, which provide a basis for today’s quality and performance
excellence
• Describe ways of applying quality management in the actual organization,
• Demonstrate the capability of making quality process for the selected process,
• Perceiving the organization to determine the existence or nonexistence of the
implemented quality management system,
• Demonstrate the capability of making quality process, given the well- known
process, identify the standard that could be applied, the roles and responsibilities
of reference legislative framework
• Choose the optimal approach to the analysis of a given process by describing the
activities
Weekly Course Contents
09 Mid-Term Break
Course Specifications
Advertising Management
MKT-615
Fall 2020-2021
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Advertising Management
Course Code: MKT-615
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Principles of Marketing, Marketing Management
Co-requisite(s): Strategic Marketing
Program(s) on which the course is given: BBA-8th Business Administration
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Marketing Division
Course Description:
In marketing it must be remembered that advertising is an element of promotion that affects other
marketing variables. Advertising affects the marketing of the product and how it is viewed. Advertising is
designed to give the customer a view of the product that the marketing department has set out.
Advertising also creates an image through the advertising of the price. For example, a high price gives the
impression of a quality product, and a low price the opposite. People associate a lot of their opinions on a
product by way of the price. Where the product is advertised is another part of how a product is marketed.
Goods available in certain shops result in a certain impression. This is all part of developing the brand
image and creating customer loyalty. Packaging is central to the advertising strategy, as people's
impression of a product can be solely based on packaging. As such, it is a central part of the marketing mix.
This conveys a lot of the image of a brand that a company wants to project. Changes in the pace that a
product is marketed are also part of how advertising affects marketing. New products, updated versions
of a product and a variation will all have an effect on the way a customer views a product. If a new product
comes out immediately it can be interpreted in a certain way or vice versa; if a product remains unchanged
for years it can also have a certain influence on how a product is viewed.
There are a number of ways how advertising affects the marketing of a good, product or service.
Advertising is used as part of a marketing strategy in order to raise awareness and create interest in the
brand or product you are trying to sell. While advertising is a single part of the Marketing mix it can be an
important one and using the right techniques, not only in the production of the actual advert but also the
placement of it is crucial. Sometimes word of mouth may be even more important and this is a strategy
that has been used for a while to create a buzz around products. This can be created by the product itself
or the advertising message can be quirky enough to get people talking even if the product isn't so exciting.
Association with other brands such as a TV show or sports event can also bring in a new audience but this
advertising needs to fit in with the marketing strategy.
There have been many techniques and trends within advertising and different agencies will have their own
new ideas to add to the mix. Fundamentally though, advertising will only be one part of a marketing
strategy, which will also have to take in research, public relations exercises, distribution and supply chain
as well as pricing and sales strategies to deal with retailers. You could see the advertising as the public face
of the marketing strategy but there will be a lot going on behind the scenes as well.
Learning Outcomes:
➢ Defining advertising
➢ What makes an Ad Effective
Chapter – 1:
➢ Characteristics of an effective Ad
Introduction to
➢ The world of advertising –.
1-2 Advertising
➢ Types of advertising
(Page: 03 to 28)
➢ Functions of advertising.
➢ The 5 players of advertising
Chapter – 2:
➢ What is Marketing
Advertising’s Role
3-4 ➢ Key players and Markets
in Marketing
➢ Marketing Process
(Page: 30-56)
➢ How Agencies Work?
➢ Strategic Research
Chapter – 6: ➢ Data collection, strategy document, organization.
Strategic Research ➢ Evaluative Research
8-9 (Page: 155 to 178) ➢ Before execution, during execution, after execution
Additional
Topics from
another Book ➢ The communication objectives,
➢ The creative platform
Creative Strategy
12 – 13 ➢ The advertising execution
and Tactics
➢ Advertising appeals
(Material would be
➢ Advertising formats and approaches.
provided by Course
Instructor)
15 – 16
Radio
Public Relations
Course Specifications
Brand Management
MKT-611
Fall 2020
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Brand Management
Course Code: MKT-611
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Consumer Behavior, Marketing Management
Co-requisite(s):
Program(s) on which the course is given: BBA-LBS-7thSemester Marketing Specialization
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Marketing Division
Academic year/level: 3
Revision #:
Last revised on (date):
Course Description:
A brand is a name, term, sign, symbol, or design, or a combination of them, intended to
identify the goods and services of one seller or group of sellers and to differentiate those
of the competition. The essence of formulating competitive strategy is relating a brand to
its environment. Although the relevant environment is very broad, encompassing social
as well as economic forces, the key aspect of the brand’s environment is the industry or
industries in which it competes. Therefore, the goal of competitive strategy for a brand is
to find a position in the industry where the brand can: 1) articulate a compelling value
proposition, 2) defend itself against competitive forces and influence them in its favor
and 3) leverage communication resources to sell the brand message and build brand
equity.
In this course, students examine how a favorable brand and memorable brand experiences
can influence a firm’s ability to withstand competitive pressures and thrive in dynamic
market conditions. They will study brand management from the consumer perspective to
highlight the importance of customer perceptions in bringing brands to life and the role
of brand knowledge in building brand equity. Students will become acquainted with
cutting-edge frameworks, concepts and tools that have been adopted across industries
and around the globe to build lucrative brand franchises. Additionally, students will
consider the role of marketing communication vehicles and platforms in effective brand
management.
Learning Outcomes:
Class Format:
It is a concept based and discussion-driven course, thus the vast majority of our classes
will be focused on concept discussion and case studies.
Our weekly class Instructions and discussions will follow this format:
▪ Toyota
Branding research and brand
measurement (Page 179-202)
9 – 10
• Brand design and structures
• Brand extensions
11 - 12 ▪ P&G vs Uni Lever
• Managing brand equity for long-
term success (Page 203-231)
• Case – De beers – A diamond is
forever
• Case – Nivea – launching of a new
13– 14 brand
• Case – Why big brand fail?
Mini Presentation: Rebrand a
product
Term Presentation
• Discussion – 100 big fails
15 • Discussion of course
• Discussion on mid and final term
• Final marks before final
Course Specifications
Corporate Finance
FIN-620
Fall 2020
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Corporate Finance
Course Code: FIN-620
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Business Finance, Financial Management,
Introduction to Statistics
Co-requisite(s):
Program(s) on which the course is given: BBA 7stSemester
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School
Department offering the course: Finance Division
Academic year/level: 3
Revision #:
Last revised on (date): 28-09-2020
Course Description:
This course exposes students to some of the most fundamental issues in corporate finance. This course is
about developing and applying the fundamental ideas and tools of corporate finance to real-world corporate
decisions. This course is being design as a prospect of a financial manager who primary responsibility is to
acquire the funds needed by the firm and direct these funds into the projects consistent with goad of firm.
Practicially, this course would develop the understanding of the student how the different tasks such as
financial analysis and forecasting of cash flows, analysis of financial statement and financial modelling are
interconnected with capital budgeting decisions. Further, this course introduces the students with the capital
structure and dividend payout decisions of the firm and their underline theories. Moreover, the course would
also discuss the basics of leasing, and merger and acquisitions (M&A).
Course Objectives:
The course aims to offer students a unique case setting to understand how concepts and
theories of corporate finance are applied in the real world, and generate a lasting impact on
firm value.
Learning Outcomes:
Course Specifications
Islamic Banking
FIN-612
Fall 2020
h t t p : / / w w w .g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Islamic Banking
Course Description:
Each subject at BBA (Hons) level requires a set of aims and learning outcomes which is required
from both lecturers and students. The aims and learning outcomes also guide the way in which your
performance on the subject is assessed. Assessments are used to determine the degree to which you
have achieved the desired learning outcomes of the module.
This economics and finance course will give you an overview of the Islamic financial system. You
will learn the core principles and basic models of Islamic finance and establish a framework for
understanding this financial system. On completion of the course you will have developed a good
foundational understanding of the core principles, the various norms and prohibitions that govern
activities and contracts in the Islamic financial system, the differences between the Islamic
financial system and the conventional system, as well as the basic modes of Islamic finance. The
case study will provide you with “real-life” situations and allow you to apply the content and
knowledge you have acquired during this course.
WHY Islamic Banking: This introductory course is designed to teach delegates the principles
of Islamic Banking and to highlight the differences between Islamic and conventional banking. It
explores the different products and services commonly found in both the GCC and the Islamic
market globally and it assesses the relative advantages and disadvantages of each. By the end of
the course delegates will have a full understanding of the products and principles involved in
Islamic Banking and how they differ from Western banking models.
Learning Outcomes:
1st Week
Orientation Session: Introduction of Subject, objectives and contents. General concepts of Islam
related to Islamic banking and Finance. Belief in Divine Guidance and the basic difference between
Capitalist and Islamic Economy. Islamic Finance, Justice Mufti Muhammad Taqi Usmani (Page 9-
12).
2nd & 3rd Week
Asset-backed Financing, Capital & Entrepreneur, Present practice of Islamic Banks. The concept
of Musharakah, Musharakah Financing, The basic Rule of Musharakah, The nature of the Capital.
This week students will visit different branches of Islamic banks in Faisalabad for practical
information. Islamic Finance Justice Mufti Muhammad Taqi Usmani (Page 12- 29).
4th Week
Mudarabah Financing, The concept of Mudarabah, Business of the Mudarabah. Termination of
Mudarabah , combination of Mudarabah and Musharakah. Discuss major loans of Meezan Bank
related to Musharakah Financing. Islamic Finance Justice Mufti Muhammad Taqi Usmani (Page
31-35).
7th Week
Musharakah & Mudarabah as Modes of Financing & Diminishing Musharakah, Some objection
on Musharakah Financing. Diminishing Musharakah, Diminishing Musharakah for carrying
business and services. Diminishing Musharakah in trade. Islamic Finance Justice Mufti
Muhammad Taqi Usmani (Page 38-63).
8th Week
This week student will learn and discuss different types of Islamic banking product and also
differentiate between Meezan Bank and Bank Islamic Mudarabah mode of financing as practical
implementation.
12th Week
Islamic Investment Funds. Introduction, Equity Fund. Condition for investment in Share. Ijarah Fund,
Commodity Fund. Murabahah Fund, Mixed Fund. Islamic Finance Justice Mufti Muhammad Taqi
Usmani (Page 140- 151).
15th Week
Introduction to Islamic Insurance, Different types of Takaful for individual and business entities.
Major Takaful institutes in Pakistan and their performance evaluation. Data will be collected and
discuss through online information and physical visits of students into different branches of Takaful.
16th Week
Islamic Banking Project discussion and Presentation of students related the Islamic and conventional
banking institutes of Pakistan.
Course Specifications
Performance Management
MGT-613
Fall - 2020
h t tp : / /w w w . g c u f . e d u . p k /
COURSE SPECIFICATIONS
Basic Information
Course Title: Performance Management
Course Code: MGT-613
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): Human Resource Management
Co-requisite(s): -
Program(s) on which the course is given: BBA LBS (HRM)
Is the course major or minor element of the program? Major: Minor:
Department offering the program: Lyallpur Business School (LBS)
Department offering the course: Lyallpur Business School
Academic year/level: 4th year (Semester 7th )
Revision #:
Last revised on (date):
Course Description:
This course examines the importance of an effective performance management system in helping
organizations define and achieve short and long term goals. It explains and reinforces the concept
that performance management is not a one-time supervisory event, but an ongoing process of
planning, facilitating, assessing, and improving individual and organizational performance. In
addition, the course emphasizes the importance of measuring the effectiveness of human resource
activities that are designed to enhance individual and organizational performance.
Intended Learning Outcomes:
Upon successful completion of this course, the student will have reliably demonstrated the ability
to:
1. Design an organization’s performance management process that is compliant with law and
supports organizational mission and strategy.
2. Compare and contrast various organizational performance management programs and best
practices and define attributes of effective performance management systems.
3. Employ job-related performance standards and performance indicators that reflect the
employee’s range of responsibilities.
4. Assess how increased employee involvement can contribute to effective performance and
coach employees to identify career paths and resources available to support individual
development.
5. Identify and communicate appropriate actions with employees (e.g. training and development,
wage increase, promotion, bonus etc.) based on their performance strengths and weaknesses.
Course Specifications
Fall 2020 - 21
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Pre-requisite(s):
Co-requisite(s):
Academic year/level:
Revision #: 1
Course Description:
The course will emphasize the theories of management training and development, and
the practical application of these theories in today’s organizations. Special emphasis will
be on current topics in the field of human resource development, including: training self-
directed work teams, managing a diverse workforce, and the practical application of
designing programs in today’s environment. This will include actually designing needs
analysis and training evaluation programs. The course will frame the concept of training
and development within the applicable theory of adult learning.
▪ To understand the impact and use of technology on the field of training today.
▪ To be able to use appropriate technology to research and develop an effective
needs analysis.
▪ To be able to select and use the appropriate technology for effective training
follow-up.
Learning Outcomes:
By the end of this course it is expected that the student will have had opportunity to:
▪ Understanding T & D.
Chapter – 1: ▪ Components of T & D.
Introduction to ▪ Learning
1-2
Training & ▪ Designing effective training
Development ▪ The forces influencing working and learning
▪ Training practices
Reference Book(s):