MS Management Sciences – International Islamic University

Introduction

The MS program at the Faculty of Management Science is designed with 30 credit hours in total with a planned duration of 2 years. A balance with respect to methodologies and research orientation (quantitative and qualitative) is sought through this program. Coursework consists of 24 credit hours while thesis consists of 6 credit hours.

Vision

To promote theoretical and applied research that can help us to solve the business problems of the society at large

Mission

To pursue theoretical and applied research by creating active collaboration with business, academia, government and the development sector.

Core Values:

Transparency, Openness, Societal Impact

Program Objectives

To develop:

Basic understanding about philosophy of science and how it relates to research method in business
Above than basic level of comprehension about research methods in business
To pursue a balance orientation in research methods with respect to qualitative and quantitative research methods
Students’ analytical skills
Basic comprehension in academic writing.

Learning Outcomes

At the end of his/her degree, a student should be able to:

Describe philosophy of science and how it relates to research method in business
Explain research methods in business – both quantitative and qualitative
Write with reasonable level of clarity, comprehension and more in an argumentative way

Scope

The program will develop a research and writing orientation among the students by focusing on philosophy of science (at basic level), research methodologies in business and scientific literature related to a discipline.

Eligibility Criteria

As per the Admission Advertisement

Rules & Regulations

As per University Policy

Program Structure

The proposed scheme is envisioned to pursue the learning objectives as mentioned earlier.

Existing and Proposed Program Structure

No.	Existing	Proposed	Course Code
1	Seminar in Research Methodology	Advance Research Methodologies in Business Studies	MGT 613
2	Seminar in Finance	Contemporary Issues in Finance	FIN 615
3	Seminar in Management	Contemporary Issues in Management	MGT 614
4	Seminar in Marketing	Contemporary Issues in Marketing	MKT 617
5	Advance Quantitative Techniques	Data Analysis Techniques (Quantitative + Qualitative) – As a non-credit course	DAT 601

Academic Writing Skills will be a compulsory workshop for the students enrolled in MS Program
Courses offered in specialization (areas of strength) are attached.

Program Structure

No.	Description	No. of courses	Credit hours
1	Core	4	12
	Non Credit	1	0
2	Specialization	4	12
3	Thesis		6
	Total Credit hours		30

Specialization of Management
		MS Courses
S.No	Code	Title
1	MGT703	Corporate Governance
2	MGT704	Entrepreneurial Management
3	MGT705	International Entrepreneurship
4	MGT708	Leadership and Art of Management
5	MGT712	Negotiation & Conflict Management
6	MGT713	Organization Development and Change Management
7	MGT714	Performance & Compensation Management
8	MGT715	Personnel Training & Development
9	MGT716	Recruitment Selection & Induction
10	MGT718	Strategic Human Resource Management
11	MGT719	Supply Chain Management
12	MGT720	Total Quality Management
13	MGT728	Public Sector Management
14	MGT730	International Management and Organizations
15	MGT733	Organizational behavior and Theory
16	MGT754	Human Resource Management in Public Sector
17	MGT755	Performance Management
18	MGT756	Academic Report Writing
19	MGT757	Cross-Cultural HRM
20	MGT758	Positive Organizational Behavior

Specialization of Finance

			MS courses
S. No	Code	Title
1	FIN707	Entrepreneurial Finance
2	FIN708	International Financial management
3	FIN711	Money & capital Markets
4	FIN712	Security Analysis & Portfolio Management
5	FIN717	Advanced Corporate Finance
6	FIN721	Behavioral Finance
7	FIN729	Financial Intermediation
8	FIN730	Monetary Theory and Policy
9	FIN734	Finance Theory
10	FIN736	Management Accounting and Control
11	FIN737	Financial Modeling
12	FIN738	Contemporary Issues in Finance
13	FIN739	Financial Risk Management

Specialization of Marketing

		MS courses
S.No	Code	Title
1	MKT 702	Advertising
2	MKT 704	Entrepreneurial Marketing
3	MKT 709	Product and Brand Management
4	MKT 711	Services Marketing
5	MKT 713	Strategic Marketing
6	MKT 717	Management of Distribution Channels
7	MKT 718	Marketing in the International Environment
8	MKT 721	Developing Research Skills in Marketing
9	MKT 724	Marketing Ethics
10	MKT 726	Relationship marketing
11	MKT 727	B2B Marketing
12	MKT 728	Customer Relationship Marketing
13	MKT 729	Social Marketing

Specialization of Technology Management

MS Courses
S. No	Code	Title
1	TM701	Technology Development and Innovation
2	TM704	Telecom Management
3	TM705	System Development Management
4	TM707	Total Quality Management
5	TM708	Project Management
6	TM710	Knowledge Management
7	TM713	Management of Technology
8	TM714	Technology Entrepreneurship
9	TM715	Marketing Technology
10	TM720	MIS and E-Business
11	TM718	Foundations of Business Intelligence
12	TM719	Issues in Information system
13	TM721	Operations and Technology Management
14	TM722	Business Process re-engineering and change management

Course descriptions for MS level courses, under suggested revised course stream:

Course Title	Contemporary Issues in Finance	Course Code	FIN 615
		Level:	MS
Course Description	Concepts such as Block chain and Crypto currencies define today’s financial environment specifically and the business environment at large. Concepts like these need to be part of the understanding of a student pursuing ‘higher education in the field of Management Science. This course is designed to cater to this need.
Course Content	Introduction to Finance Growth Areas of Financial Services and Accounting e.g.: Microfinance & Forensic Accounting Challenges and dynamics of Fintech crowd funding: An innovation system approach Crowd Funding Developing a strategy map for forensic accounting with fraud risk management: An integrated balanced scorecard-based decision model Detecting fraud beyond cooked books: Forensic economics, psychology and accounting toolkit Emerging issues in entrepreneurial finance Entrepreneurial uncertainty during the Covid-19 crisis: Mapping the temporal dynamics of entrepreneurial finance Actuarial Accounting Managing the risks of energy efficiency insurances in a portfolio context: An actuarial diversification approach Globalization of Banking and Finance e.g.: Islamic Banking, Digital Currencies and Accounting Standards to meet these evolutions The financing of local government in China: Stimulus loan wanes and shadow banking waxes Post Financial Crisis: Risk Management in Finance The financial crisis of 2008 and outward foreign investments from China and India Financial Literacy and Financial Inclusion Financial literacy and its influence on internet banking behavior Applying Financial Expertise to Environmental Issues e.g.: Ireland as a global ‘Green Finance’ center, Sustainability and Environmental Accounting Integrated analysis of energy-economic development-environmental sustainability nexus: Case study of MENA countries Does energy-industry investment drive economic performance in regional China: Implications for sustainable development Block Chain Technologies, Cryptocurrencies Why do businesses go crypto? An empirical analysis of initial coin offerings Financial analysts, the transmission of information & the stock market Tax aggressiveness – Uncovering the under-sheltering puzzle – Corporate practices, trends and the missing pieces Earnings management as a pervasive strategic tool CEO compensation and agency issues
Recommended Literature	Contemporary Issues in Financial Institutions and Markets, Volume II, by Claudia Girardone, Philip Hamill & John Wilson And articles from the top journals in Finance

Course Title	Contemporary Issues in Management	Course Code	MGT 614
		Level:	MS
Course Description	This course is comprising of the contemporary issues in all narrow domains under the umbrella of management discipline. The course highlights the issues with concepts and latest challenges in management practices that deal with contemporary problems, issues and questions affecting the management of the business enterprise.
Course Content	Introduction to the contemporary issues in the management and specific domains within the management umbrella. Current trends and challenges in corporate management Organizational learning and knowledge management Personality Research and Managerial Issues Change Management and Organizational Development HRM related issues (Recruitment and Selection, Training and Development) Compensation and Performance Management Cross-cultural management Diversity and Inclusion Strategic Management and organizational performance The hostile work environment and how to overcome this challenge. Job Design issues in 21st century Virtual teams, Precarious employment Technology transformation and Innovation management New business models.
Recommended Literature	Research papers will be provided for each session related to the topic under discussion. Presentations/class discussions would be made on provided research papers and essentially covering theory, model, hypotheses, methodology, data analyses and conclusion/discussion. For Basic Concepts/ understanding: The 27 Challenges Managers Face: Step-by-Step Solutions to (Nearly) All of Your Management Problems Author: Bruce Tulgan Publisher: Jossey-Bass Year Published: 2014 Edition: 1st ISBN: 10: 111872559X or 13: 978-1118725597 Contemporary Issues in Management, Second Edition A Critical Management Approach 2nd edition Lindsay Hamilton, York Management School, UK, Laura Mitchell, Independent Scholar and Consultant and Anita Mangan, Bristol University, UK Management Challenges for the 21st Century by PETER F. DRUCKER

Course Title	Contemporary Issues in Marketing	Course Code	MKT 617
		Level:	MS
Course Description	Concepts such as digital marketing define contemporary marketing. In 1956 when Mcarthy theorized marketing in practice in terms of four Ps there was hardly any conceptualization of the concepts such as digital marketing. This one example also implies the dynamic nature of this discipline. MS in Management Science, as the study is defined as a ‘relevant’ degree in the field of Management Science pursued after 16 years of education in Management Science also demands a higher level of scholarship in relevant disciplines e.g., Marketing in this case. Hence, this course is designed to provide insights to the students about the contemporary issues in marketing that are shaping the present and the future of marketing.
Course Content	Postmodern Marketing Digital Marketing Born MNCs Building brand cultures Politicizing Consumption Psychoanalysis in marketing theory and practice – Neuro marketing Ethics and Marketing Management Ethical consumers and the moralized brand scape Gender, feminism and consumer behavior Marketing Spaces and Places The Globalized Marketplace
Suggested Literature	Contemporary Issues in Marketing and Consumer Behavior (Second Edition) Elizabeth Parsons, Pauline Maclaran and Andreas Chatzidakis

Course Title	Data Analysis Techniques	Course Code	DAT 601
		Level:	MS
Course Description	Data is the new oil – the slogan, if suggests a shift of the businesses towards more non-materialized business models also informs us about the future skillsets business graduates would be in need. In order to cater to this increasingly visible need, this course is designed. This course comprises two major components i.e., data analysis techniques in qualitative and quantitative research. The first part, quantitative data analysis techniques will focus on the measurement of economic relationships. The models, formulas, and algorithms will be used in making a good and rational decision in the area of marketing, finance, and human resource management. The second part, qualitative data analysis, will enable the students to draw meanings from the words by re-phrasing, re-interpreting, and re-organizing these words. Software will be an important part of this course.
Course Content	Quantitative Data Analysis Techniques Correlation versus Regression E-Views activities of application of steps of regression analysis Assumptions of Classical Linear Regression Model Hypotheses Testing One tail vs 2-tail t tests with examples E-Views activities of hypotheses Testing Multicollinearity Heteroscedasticity Panel Data Analysis Modelling of Volatility clustering (ARCH, GARCH, EGARCH, TARCH) The Linear Probability Model The binomial Logit Model Probit Model Tobit Model Time Series Models Unit Root Investigation Co-integration Vector Error Correction Granger Causality Test Impulse Response Functions Variance Decomposition Qualitative Data Analysis Techniques Fundamentals of Qualitative Data Analysis Designing Matrix and Network Displays Methods of Exploring Methods of Describing Methods of Ordering Methods of Explaining Methods of Predicting Drawing and Verifying Conclusions
Recommended text books	“Using Econometrics, A Practical Guide” 5th Edition, by A.H Studenmund, published by Pearson Addison Wesley Miles, M. B. (2018). Qualitative data analysis: A methods sourcebook. Sage publications.