March-April, 2012

Department of Management Sciences

CIIT Lahore Supervisors:

Iram Tanvir

Faiza Hassan

Graphics:

Iram Tanvir

Umm-Laila

Talha Khan

Editors:

Aleena Shuja

Aleema Shuja

Nissa Zafar

Dear readers,

The department of Management Sciences is by far the largest of all the departments of CIIT Lahore Campus. With the students and faculty/staff strength reaching 2500, the department is home to several curricular and non curricular activities, all with the focus of delivering a well integrated whole of entrepreneurial outlook with industry driven mindset and skill-set. The bimonthly newsletter for the months of March and April 2012 would give you an overview of the activities taken place in the defined time-period.

Happy reading!

Dr. Ahmed Kaleem

Head- Department of Management Sciences

Contents

New faculty Publications Activities

Bonfire Two parties

New faculty “It is the supreme art of the teacher to awaken joy in

creative expression and knowledge”

Albert Einstein

Imran Saleem Imran Saleem, holds a Master of Science degree in

Accounting and Financial Management from the renowned

Lancaster University’ UK. Imran was involved in thorough

research with regards to Equity Valuation using Accounting

models and comparatives during his Master’s program.

Furthermore, Imran is gratified with his expertise in the

fields of Financial Reporting Analysis, Accounting for

Complex Entities and Management Control Systems. Before

becoming a valuable addition to the COMSATS family,

Imran had worked for Fergusson Pvt Ltd as an analyst as

well a marketing consultant for the London based MVA

Consultancy’ UK. Also considered as one of the pioneers of

the COMSATS-Lancaster Dual Degree Program, Imran has

intentions of further research in Equity valuation and/or

effects of R&D on stock market returns for Pakistani firms.

“Education is an ornament in prosperity and a refuge in adversity”

Aristotle

1. Dr. Abdul Haque & Shamyla Anwar, (2012), “Linking Top Management

Support and IT Infrastructure with Organizational Performance: Mediating

Role of Knowledge Application, Canadian Social Science, Vol: 8, Issue: 1,

pp: 121-129.

2. Sadaf Ehsan & Dr. Ahmad Kaleem, (2012), “An Empirical investigation of

the relationship between Corporate Social Responsibility and Financial

Performance (Evidence from Manufacturing Sector of Pakistan)” Journal of

Basic and Applied Scientific Research, Vol: 2, Issue: 3, pp: 2909-2922

3. Waqar Akram, Irum Naz & Sadia Ali, (2012), “An Empirical Analysis of

Household Income In Rural Pakistan Evidences From Tehsil Samundri”

Pakistan Economic and Social Review, Vol: 49, Issue: 2, pp: 231-249.

4. Aslam, M.S., and Safdar, U., (2012), “The Influence of Job Burnout on

Intention to Stay in the Organization: Mediating Role of Affective

Commitment”, Journal of Business and Applied Scientific Research, Vol: 2,

Issue: 4

5. Jawaria Fatima Ali & Imran Ali, (2012), “Effects of national culture on

organizational innovativeness” Elixir Journal.

Publications

“A dream doesn't become reality through magic; it takes sweat, determination and hard work.”

Colin Powell

6. Zaryab Sheikh, Shafaq Rana, Sami Ullah & Sadia Umar. (2012), “Impact of

Outsourcing Logistics Levels on Logistics Service Performance” Academy of

International Business (AIB) Middle East and North Africa (MENA) chpater,

International Conference held in Dubai, UAE on January 13-15, 2012.

7. Akhter, Waheed (2012), "Potential of Takaful in Pakistan: A

Transformational Paradigm", edited by: Alina Covali, published by: LAP

LAMBERT Academic Publishing GmbH & Co. Germany, pp: 348, Standard:

ISBN: 978-3-8454-1917-6

8. Shahbaz, M., Hooi, H. L., (2012), "Does Financial Development Increase

Energy Consumption? The Role of Industrialization and Urbanization in

Tunisia ", Energy Policy, pp: 473-479, Vol: 40, Issue: 1, Impact Factor: 2.614

9. Tiwari, A K and Shahbaz, M., (2012), "Does financial development increase

rural-urban income inequality? Cointegration analysis in the case of Indian

economy", China Agriculture and Economic Review

10. Shahbaz, M., Lean, HH., Shabbir, MS (2012), "Environmental Kuznets Curve

hypothesis in Pakistan: Cointegration and", Renewable and Sustainable

Energy Reviews, pp: 2947– 2953, Vol: 16, Impact Factor: 4.657

Publications

“Education is not preparation for life; education is life itself”

John Dewey

12. Shahbaz, M, Islam, F., Aamir, N., (2012), "Is Devaluation

Contractionary? Empirical Evidence for Pakistan", Economic Change

and Restructuring

13. LEITÃO, NC., Shahbaz, M (2012), "Migration and Tourism Demand",

Theoretical and Applied Economics, pp: 39-48, Vol: XIX, Issue: 2

14. Shahbaz, M., Shabbir, M. S., (2012), "Military Spending and Economic

Growth in Pakistan: New Evidence from Rolling Window Approach ",

Economic Research, Vol: 25, Issue: March-June

15. Shahbaz, M., Leitão, NC., Butt, MS (2012), "Pakistan Intra-Industry

Trade: A Panel Data Approach", International Journal of Economics

and Financial Issues, pp: 225-232, Vol: 2, Issue: 2

16. Shahbaz, M., Jalil, A and Islam, F., (2012), "Real Exchange Rate

Changes and Trade Balance in Pakistan: A Revisit", Accepted for

Publication in "International Trade Journal" , pp: 139–153, Vol: 26,

Issue: 2

Publications

“Success is never final, failure is never fatal. It’s courage that

counts”

George F. Tilton

17. Shahbaz, M., Dube, S. (2012), "Revisiting the Relationship between Coal

Consumption and Economic Growth: Cointegration and Causality Analysis

in Pakistan, ", Applied Econometerics and International Development, Vol:

1, Issue: 1

18. Shahbaz, M., Lean HH (2012), "The dynamics of electricity consumption

and economic growth: A revisit study of their causality in Pakistan", Energy,

pp: 146-153, Vol: 39, Impact Factor: 3.656.

19. Dr. Hafiz Zahid Mahmood & Nazima Ellahi. (2012), “Bounds Testing

Approach to Find the Impact of Capital Inflow on Real Output Growth of

Pakistan” International Journal of Economics and Finance, Vol: 4, Issue: 4, pp:

106-113.

20. Abdus Sattar Abbasi, Kashif ur Rehman (2012), "Pakistan - Azerbaijan

Bilateral Relationship", Middle East Journal of Scientific Research, pp: 499-

506, Vol: 8, Issue: 2

Publications

Visit to Shoukat Khanam

Memorial Hospital

Business Policy and Strategy

Mr. Mansoor Ahmad took final year MBA graduates of

Business Policy and Strategy on a visit to Shoukat Khanam

Memorial Hospital as a part of their research project.

The aim of the study was to identify best, merit based and

corruption free business practices required for institution

building and extending it to build other health related

institution. The research group was based on 5-6 Students,

and they visited Human Resources, Marketing, Quality

Assurance and Operations Departments.

This visit proved to be a sharp learning curve for the students

and helped them in the completion of their research project. It

also gave them the confidence after interacting with industry

experts.

Bonfire of Dead

Bonfire

Vampires VS Angels

CIIT celebrated its 10th anniversary in virtue of which a

students’ week was celebrated from March 17-22, 2012. The

week provided the students with several podiums to showcase

their versatility and talents, one of which was the campus-

level “Bonfire” scheduled for March 21, 2012 and hosted by

the Department of Management Sciences. The event was

managed by the able team of students and faculty in-charges;

Iram Tanvir, Faiza Hassan, Fahad Javed, Umer Farooq,

Muhammad Kashif, Ahmed Hassan.

The event was fabricated around the theme, “Vampires VS

Angels”, highlighting the timeless war between good and

evil. The same attained much desired sponsors attention,

attracting names like DHL, PEPSI Co., Nestle, Innovative, Q-

Mobile, Jockey, Power bull, Abbasi brothers, and Hang ten.

The timeline of the event made sure that the show presents a full package

entertainment; starting from the welcome notes given by the vampires and

angels, who long awaited the attendees to witness the display of power by both

sides, to the Fire-eaters displaying the fire of passion.

Other items included; dances around the bon, Vampire & Angels, best of the

best singers, ramp walk, special group dances, and rock music band and parody

e.t.c. The event also had a display of stalls ranged from items such as BBQ, fast

food, Golgapay, Paan, Walls ice-cream, T-shirts and Face-painting e.t.c.

Together, they attracted much longed for media attention. Reporters from Geo

TV, Express News, City 42 and Dawn News covered the event.

The event enjoyed unprecedented success, in acknowledgement of which the

worthy Director, Dr. Mehmood Ahmed Bodla, announced the celebration of

students’ week in all upcoming semesters. Moreover, the event brought the

students, faculty and staff on board as they all worked together to make it

as memorable as it is today. Addendum, it initiated the development of new

ties with the industry and media that would be enjoyed in the times to come.

Over 2,250 attended the event that was concluded with the national anthem of

Pakistan sung by all the participants.

Farewell and Welcome "Education is the passport to the future, for tomorrow belongs to those who prepare

for it today"

Malcolm X

The welcome and farewell parties form a very important part of a student’s life. Various departments arranged for their respective farewell and welcome parties during the student week. For the new students it was the beginning of the most care-free as well as most important part of their lives.

And for the old students the farewell parties marked the ending of student life and the beginning of their professional careers full of challenges and opportunities. The students prepared various skits and dance items and each party was concluded with a dinner for the students as well as the faculty members.

Farewell and Welcome

Parties

Message for Students for Rebuilding Nation

“Education is the light that sheds the darkness. Darkness of hatred, darkness of ignorance”

Speech at the Dhaka University Convocation on, 24th March, 1948

“Those of you who have still to continue your studies for some time, do not allow yourselves to be exploited by any political party or self-seeking

politician, your main occupation should be in fairness to yourselves, in fairness to your parents and indeed in fairness to the State, to devote your

attention solely to your studies. It is only thus that you can equip yourselves for the battle of life that lies ahead of you. Only thus will you be an asset

and a source of strength and of pride to your State. Only thus, can you assist it in solving the great social and economic problems that confront it and

enable it to reach its destined goal among the most progressive and strongest nations of the world”

“Youth is that spark which needs no ignition”

Youth in order to make our country developed, has to sacrifice not only their lives by protecting Pakistan at the borders but also has to protect from internal threats, and make the society a healthy place to live. It is possible only, if the youth realize to stay healthy by sacrificing selfishness and by thinking dedicatedly for the growth of nation. As a Pakistani youth, being proud of our rich and varied heritage, we take an oath whole-heartedly that, we will strive for the development of our country and our people and in their well being and prosperity alone, lays our happiness.