Self Assessment Report- MBA (3- Semester)
Section 1:
Programme Mission, Objectives and Outcomes
1.1. About IMSciences:
The Institute of Management Sciences (IMSciences), Peshawar was established in May 1995 with a view of imparting quality education and training in the field of business administration, management studies, information technology and allied disciplines. Since its inception IMSciences has successfully been pursuing its mission and by now it enjoys an outstanding position among the business schools of the country.
Initially, IMSciences offered only two programmes with a total strength of 180 students. However, during the last eight years, the Institute has introduced a number of new courses and programmes. The Institute’s student population has grown to 2843.
In view of the achievements of IMSciences, the Government of Khyber Pakhtunkhwa decided in 1999 to develop it into a model institution of the country. It was given an autonomous status vide Ordinance No. XXXVII of 2002 and was placed under the Board of Governors (BOG) headed by the Governor Khyber Pakhtunkhwa. The BOG comprises of fifteen members and is the supreme policy formulation and executive body of the Institute. The Board comprises of high ranking professionals and leading experts on business and management both from the civil and private sectors.
Apart from its academic programmes, the Institute has embarked upon a number of executive development programmes to enhance human capital at all levels.
1.2. IMSciences Mission Statement:
Our mission is to provide quality management education and new knowledge based research that will enable IMSciences to become a school with foundations in excellence at all levels. Our faculty aims at advancing management theory and practice and broadly analyzing knowledge through learning, classroom applications and service in the public and private sectors. Education at IMSciences enables individuals to manage existing businesses, critically evaluate theory, and inculcate values of energetic entrepreneurship in support of public policy that encourages economic development balanced with social and environmental responsibility. Through its focus on teaching and learning, research and outreach, the Institute creates, conveys and applies knowledge to expand personal growth and opportunity, and to advance social and community development in order to foster economic competitiveness and improve the quality of life.
1.3 The MBA (Three Semesters) Programme:
The Master in business administration programme three semesters has been designed keeping in view HEC’s guidelines for those students who complete sixteen years rigorous business education at IMSciences with at least 130 credit hours with a minimum CGPA of 2.5.
1.4. Programme Objective
The degree is designed to enable the students to bridge their education with corporate world preferably and/or to pursue academic career.
1.5. Programme Educational Objectives:
This is a full time three semesters programme aimed at providing a progressive ladder to candidates with sixteen years of business education. It enables the candidates to academic pursuance of a higher degree and/or in attaining high level managerial positions in the market. The programme aims to provide business graduates with an exclusive opportunity to learn advanced techniques and methods to help transform contemporary business on modern ethos.
Objective 1:
Concept building with real-time examples.
Course of action for objective 1:
The MBA (three semesters) programme has included the following courses in curriculum for achieving objective 1.
i. Advance Project Management
ii. Advance Readings in Management
iii. Seminar on Emerging Market Issues
iv. Understanding International Macro Economy
v. Seminar in Marketing
vi. Managerial Accounting
Outcome:
Ø Strengthens of concepts of functional business areas,
Ø Critically analyze and evaluate business situations and recommend feasible options to solve business problems
Objective 2:
To amalgamate theory with practice with support of dissertation/project of 3 credit hours.
SECTION 2: CURRICULUM DESIGN AND ORGANIZATION
2.1 DEGREE TITLE:
Master of Business Administration three Semester Programme
2.2: Definition of Credit Unit
Eighteen months, consisting of total 36 credit hours.
2.3: Degree Plan
Students are required to complete course work of 33 credit hours, beside working on a project or writing a thesis/project report of 3 credit hours. Basic requirement for admission is 4 years Bachelor Degree with at least 130 credit hours of course work with a minimum CGPA of 2.5.
All students applying for this programme are required to take an admission test, except those who have earned their last degree from IMSciences.
2.4 ASSESMENT OF THE MBA Three Semester CURRICULUM
Standard 2-1 Courses Versus Objectives
The curriculum supports the programme objectives and consistent with the market requirements.
Standard 2-3: Major Requirements as Specified by HEC
The programme is inline with HEC’s policies and outcome of degree makes a student eligible for PhD studies.
GROUP OF COURSES / PROGRAMME OUTCOMESA. FINANCE
1. International Financial Management
2. Financial Accounting
3. Advanced Accounting
4. Advance Cost Accounting
5. Management Accounting
6. Auditing
7. Income Tax Law and Practice
8. Investment Analysis
9. Financial Market & Institutions
10. Islamic Banking & Finance
11. Introduction to Business Finance / The courses are structured to address core concepts that require for strengthening of knowledge in areas of financials and accounting.
The courses are designed to manage a shift from resource based economy to knowledge based.
Along-with knowledge creation, the programme also focus knowledge sharing. Therefore, faculty and students are encouraged to arrange seminars, lectures by inviting renowned practitioners and subject experts from public and private sector.
B. MARKETING
1.Marketing Research
2. Consumer Behavior
3. International Marketing
4. Sales Management
5. Export Marketing
6. Advertising and Promotional Strategies
7. International Marketing
8. Marketing of Services
9. Industrial Marketing
10. Social Marketing
11. Agricultural Marketing
12. Brand Management / The diverse range of courses provides opportunities to learner regarding theories of marketing.
After obtaining the subject knowledge the students would be able to know the theory and techniques of its implementation while considering the difference between sales and marketing.
The students would also inform about the importance of promotional campaigns for life of organization and techniques about the development of effective campaigns in industry, agriculture and other sectors.
C. HUMAN RESOURCE DEVELOPMENT
1. Personnel Management
2. Industrial Relations
3. Industrial & Labor Laws
4. Wages & Salary Administration
5. Training & Organizational Development
6. Conflict Management
7. Collective Bargaining
8. Group Dynamics
9. Leadership / The courses are designed to enable students to know about HR functions and its importance in any organization. They would observe how to manage the human as a resource by addressing the job analysis, creation of job descriptions, remuneration and wages administration.
The students would be able to assess training needs for any organization and they would also be familiar with the laws that govern the labour unions in industries.
SECTION 3: LABORATORIES AND COMPUTING FACILITIES
3.1: Introduction
In order to facilitate the students of the programme, the institute has six computer labs with a total of 222 latest computers. Five of the labs (each with 35 computers) are used for various lectures and classes; whereas, one computer lab is for general usage (with 49 computers). 15 computers have also been placed in library for HEC digital library use and for research work. Different softwares are installed in computers, i.e. SPSS, STATA, Gretel and Eviews, which are taught in the program.
Standard 3-1: Lab Manuals/Documentation/instructing.
Instructions about the usage of computers are distributed among students and the faculty members.
Standard 3-2: Adequate personal support for labs
Each lab is allocated a lab attendant, which is supervised by Lab Technician and Network Administrator.
Standard 3-3: Adequate Computing Infrastructure and Facilities.
Students and faculty members of the programme can easily access the IT facility provided by the institute. Multimedia is available in each class room and computer lab. Apart from the lab access, computers along with the internet are being provided to faculty members for their offices. HEC has provided Video conferencing facility to IMSciences in 2009 since than a number of on-line lectures; seminars have been organized for the students and faculty. Official email is also provided for faculty and staff members for smooth running of daily routine correspondence.
3.2 SAFETY PROCEDURES FOR ALL MBA-3 SEMESTER’S LABS.
The MBA-3 Semester program labs are used only for computing purpose, so the chance of any incident is very rare. However in case of emergency, such as fire or electric shock, the labs are equipped with fire extinguisher. The Medical Centre of the Institute is a two bed, well equipped medical facility which is available in case of any emergency.
SECTION 4: STUDENT SUPPORT AND GUIDANCE
4.1: Introduction
MBA-3 Semester Programme is a full time three semesters programme aimed at providing a progressive ladder to candidates with sixteen years of business education. It enables the candidates to academic pursuance of a higher degree and/or in attaining high level managerial positions in the market. The programme aims to provide business graduates with an exclusive opportunity to learn advanced techniques and methods to help transform contemporary businesses to modern ethos.
4.2: Courses
Standard 4-1: Sufficient Frequency of Course Offering
MBA-3 Semester Programme gives all the elective and major courses from 1st semester so the students can easily choose their specialized area.
4.2.1 Core
MBA-3 Semester core courses are offered every term per year. These core courses are offered almost every semester spread over whole duration of this degree.
4.2.2 Elective Courses
Elective courses are offered every semester, commencing from 1st semester, in three areas of specialization i.e. Human Resource Management (HRM), Marketing and Finance. In 3rd semester students conduct a research thesis in their specialized area.
4.3: STRUCTURE OF COURSES
Stand 4-2: Effective Faculty/Student Interaction
Courses are designed keeping in mind the effective and application aspects. The Student/teacher interaction is the main theme of these courses. The following principles are observed to ensure the creative and productive output.
· Each class is made of 45 students at most.
· 75% attendance during the semester in each subject is mandatory.
· At least 2 CGPA must be maintained by the students to retain their position in the program
· Students have to submit assignments and presentations in time.
· Typically a MBA-3 Semester Programme course include three monthly exams and one comprehensive exam
· Faculty distributes outlines in the beginning of the semester and devotes their office hours for students counselling.
4.4: Guidance to Students
Standard 4-3: Professional Advising and Counselling
The selection of best career and area of specialization according to the intellectual and learning abilities is one of the important decisions for the students. The committed faculty makes sure their availability and provides the best advice and counselling in this regard. Students are provided up-to-date knowledge about the market demands.
4.4.1 Students counselling system
The career development centre has specially been developed for students counselling so that they make the best possible decision about their career. Apart from career counselling, the program coordinator resolves conflicts among students or with the faculty. In severe cases the parents are also informed and requested for a visit to the institute.
4.4.2 Opportunities for the Students
The MBA-3 Semester program is committed to excellence and ensures to get the best out of the students. The students actively participate in various activities. They organize and participate in annual parties, sports gala, winter and spring festivals. The program sponsors them to visit other national universities in order to compete in academic and non-academic competitions.
Criterion 5 : Process Control
Standard 5-1: The process by which students are admitted to the program must be based on quantitative and qualitative criteria and clearly documented. This process must be periodically evaluated to ensure that it is meeting its objectives.
Admission criteria of the program:
The process of admitting the student to the program is clearly documented by admission committee and is carried out by a quantitative and qualitative basis. Evaluation of this process is performed every semester to ensure that its objectives are met. The process consists of well-defined procedures and steps executed at the institute level.
Based upon the recommendation of the director, coordinator and admission committee, the number of new students to be admitted in the following academic year is determined. (i.e. 135 students per year)
1. Students with 4 years Bachelor degree in Business Studies with at least 130 credit hours with minimum CGPA of 2.5 are eligible to apply.
2. All students applying for this progamme are required to take an admission test, except those who have earned their last degree from IMSciences.
3. A candidate scoring less than 40% marks in the test shall stand disqualified for the admission.
4. Have a good record of conduct.
5. Have approval from employers in case he/she is employed.
Transfer from outside the University/ from another program inside the Institute:
The admission to any degree programme of IMSciences through migration from any other institute/university is not allowed under any circumstances.
Standard 5-2: The process by which students are registered in the program and monitoring of students’ progress to ensure timely completion of the program must be documented. This process must be periodically evaluated to ensure that it is meeting its objectives.
· After the final selection of the students in the admission process, students are asked to register in the subjects listed and identified by the semester committee (consisted by coordinator and faculty members).
Students’ academic progress is monitored by continuous assessment:
a. Attendance:
· Every student of the Institute is required to maintain at least 80% of the attendance in each course.
· A student who fails to meet the minimum requirements of attendance in any course will not be allowed to sit for final examination for that course(s).
b. Evaluation and Grading:
· The performance of students is evaluated through a continuous testing procedure spread over the entire period of studies/semester.
· Besides the semester's final examination, which carries forty percent of the total marks, there will be a number of tests, term papers, assignments, presentations and short quizzes.
· Hourly examinations will be administered every month and thus students are required to appear in three such examinations for each course in a semester (the two best scores will be counted towards the final grade).