MBA PROGRAMME

CLASS OF 2016, SECTION A

Semester II
Weekly Class Schedule
FOR THE WEEK OF APRIL 27 TO MAY 01, 2015
Auditorium 103
DG

28-Apr
Tue

29-Apr
Wed

30-Apr
Thu

1-May
Fri

ME
23

*
FMG
23

ME
24

FMG
25

IE
9

*
FMG
24

IE
10

MACS
23

L
A
B
O
U
R

0830-0900

Class 1

0905-1035

DG

1105-1135

Class 2

1140-1310

DG

1435-1505

Class 3

27-Apr
Mon

1510-1640

OM
22

MACS
22

OM
23

BII
10

2-May
Sat

D
A
Y
H
O
L
I
D
A
Y

1. The soft copy of the weekly schedule is available on the main page of the LUMS website
www.lums.edu.pk - Information For: Students\Schedules\MBA Schedule
2. Class timings may sometimes differ from the usual timetable. Please follow the timings given on the inner pages.
3.

For course titles and instructors, please turn overleaf.

4.

BII WAC is due on Sunday, May 03.

Follow the timings given on the inner pages for FMG 23 & 24.

MBA CLASS OF 2016

SEMESTER II (S II)
LIST OF COURSES BEING OFFERED
Code

Units

BII
FMG
IE
MACS
ME
OM

0.5
1
0.5
1
1
1

Course Title

Business Integration and Innovation

Financial Management
Islamic Ethics
Managerial Accounting and Control Systems
Managerial Economics
Operations Management

Instructor

Jamshed H Khan
Syed Mubashir Ali
Kamran Rashid
Ayesha Bhatti / M Junaid Ashraf
Tanveer Shehzad
Hassan Rauf / Syed Zahoor Hassan

SULEMAN DAWOOD SCHOOL OF BUSINESS

MBA PROGRAMME
CLASS OF 2016, SECTION A
AUDITORIUM A-103 SEMESTER II 2014-2015 (SII)
Assignments for the week of April 27 to May 01, 2015
***************************************************************************
MONDAY, APRIL 27
0830 - 0900

Discussion Group: Managerial Economics

0905 - 1035

MANAGERIAL ECONOMICS
TANVEER SHEHZAD

Topic: Cartels
Learning Objective: Pricing and profit maximisation under Monopolistic
Competition and Oligopoly
Case: Forever: De Beers and U.S. Antitrust Law
Assignment:
1.

Who writes the rules of international diamond market?

2.

How has DeBeers structured its relationship with US diamond

dealers and US Govt? What should US government do about the
flow of diamonds from Angola and other countries?

Note: Please read the case.

1035 - 1105

Tea break

1105 - 1135

Discussion Group: Islamic Ethics

1140 - 1310

ISLAMIC ETHICS
KAMRAN RASHID

Topic: Islamising Islamic Responses

Read: Islamic Ways of Islamisation (Dr. Iftikhar Zaman)
1310 - 1435

Lunch break

1435 - 1505

Discussion Group: Operations Management

1510 - 1640

OPERATIONS MANAGEMENT
SYED ZAHOOR HASSAN

Case: Operations Strategy at Galanz

TUESDAY, APRIL 28
0830 - 0900

Discussion Group: Financial Management

0905 - 1235
(Double Session)

FINANCIAL MANAGEMENT
SYED MUBASHIR ALI

Topic: Long-Term Financial Planning

Learning Objective: The purpose of this case is to have students examine
dividend policy--both cash dividends and stock dividends--from the
viewpoint of its effect on corporate share prices
Case: Northern Paper Company
Assignment: Answer the questions in the case.
Read: B&E, Chapter 18
1235 - 1435

Break

1435 - 1505

Discussion Group: Managerial Accounting and Control Systems

1510 - 1640

MANAGERIAL ACCOUNTING AND CONTROL SYSTEMS

M JUNAID ASHRAF

Topic: Management Control Systems

Case: Codman and Shurtleff, Inc. Planning and Control System
Assignment:
1.

Complete the Codman and Shurtleff flow chart for all annual
planning and control processes described in the case.

2.

Evaluate the planning and control system in use at Johnson &

Johnson. What are its strengths and weaknesses?

Read: Management Control Process

2

WEDNESDAY, APRIL 29
0830 - 0900

Discussion Group: Managerial Economics

0905 - 1035

MANAGERIAL ECONOMICS
TANVEER SHEHZAD

Topic: Game Theory

Learning Objective: Basic concepts of game theory with applications of
static games
Read: To be provided later
Assignment:
1.

What is meant by Nash Equilibrium?

2.

What is meant by dominant strategy?

3.

What are cooperative and non-cooperative game?

1035 - 1105

Tea break

1105 - 1135

Discussion Group: Islamic Ethics

1140 - 1310

ISLAMIC ETHICS
KAMRAN RASHID

Topic: Towards Islamic Economy and Islamic Economics

Read: Islamic Economics: Survey & Literature Review (Dr. Asad
Zaman)
1310 - 1435

Lunch break

1435 - 1505

Discussion Group: Operations Management

1510 - 1640

OPERATIONS MANAGEMENT
SYED ZAHOOR HASSAN

Topic: Supply Chain Design and Related Operations System Design

Challenges

Learning Objective:
1.
2.

Toyota Production system elimination of waste and respect for

people
Lean system requirements

Case: Toyota Motor Manufacturing

Read: Chapter 14: Lean Supply Chains
THURSDAY, APRIL 30
0830 - 0900

Discussion Group: Financial Management

0905 - 1035

FINANCIAL MANAGEMENT
SYED MUBASHIR ALI

Topic: Long-Term Financial Planning

Learning Objective: This case is typical of the kind of thinking that lies
behind the stock versus bond financing decision. It gives the student an
opportunity to discover the kinds if factors that affect the decision, and it
provides a useful vehicle for summarising considerations in long-term
financing decisions
Case: Environgard Corporation
Assignment: Answer the questions in the case.
Read: B&E, Chapters 19 & 21
1035 - 1105

Tea break

1105 - 1135

Discussion Group: Managerial Accounting and Control Systems

1140 - 1310

MANAGERIAL ACCOUNTING AND CONTROL SYSTEMS

M JUNAID ASHRAF

Topic: Management Control Systems

Learning Objective: The case describes management control challenges
being faced by a new firm set up by two young MBAs and how did they
deal with these challenges. The case provides students with an opportunity
to understand the dynamics of management controls in a small sized startup firm
Case: Assuming Control at Altex Aviation
4

Assignment:
1.

Did Altex need a new Control System at the time of take over?

2.

Evaluate the control system implemented by the two partners.

1310 - 1435

Lunch break

1435 - 1505

Discussion Group: Business Integration and Innovation

1510 - 1640

BUSINESS INTEGRATION AND INNOVATION

JAMSHED H KHAN

Topic: Strategic Failure and Recovery

Case: Matching Dell
Assignment:
1.

How and why did the personal computer industry come to have
such low average profitability?

2.

Why has Dell been so successful despite the low average

profitability in the PC industry?

3.

Prior to the recent efforts by competitors to match Dell (19971998), how big was Dells competitive advantage? Specifically,
calculate Dells advantage over the team of Compaq and a reseller
in serving a corporate customer.
To size up Dells competitive advantage, you must compare (a) the
wedge that Dell drives between the willingness of customers to pay
for its products and the costs that it incurs to provide those
products to (b) the wedge generated by a Compaq / reseller team.
To the extent that Dells wedge is larger, it has a competitive
advantage. The case allows you to analyse relative costs in
quantitative detail. The case allows you to compare willingness to
pay across companies only qualitatively.
To examine relative costs, consider a typical PC equipped for the
business market. From Exhibit10b, you can calculate the price that
Dell charged for such a machine in 1996. Next, you can use
Exhibit 6 to calculate Dells COGS for such a machine. Using
information in the case, identify the major categories of cost
differences between Dell and the Compaq / reseller team; as they
provide a typical corporate PC, how do the costs they incur differ?
Finally, try to quantify the savings or extra costs associated with
each difference.
5

4.

How effective have competitors been in responding to the

challenge posed by Dells advantage? How big is Dells remaining
advantage?

5.

What should each of Dells major rivals (IBM, Compaq, HP, and
Gateway) do now?

6.

Turn in Answers to Question # 3 before the start of the class for

grading.

Read:
1.
2.

Why Good Companies Go Bad?

Matching Dell (B): 1998-2003 (To be distributed in class)

Note: The data/exhibits of this case has been placed in the excel file in
the sub- directory called J:\indus\common\Jamshed\BII You are
required to bring the printouts of the assignments to the class for
grading.
FRIDAY, MAY 01
Labour Day Holiday