Programme Coordinator:

Mr. Nusrat Ullah Khan

Registration:

Registration forms can be obtained by sending a cheque/cash for Rs 100/$2 and a self addressed envelope to:
Marketing Officer, CRS Training Programme, Centre for Research and Statistics at the mailing address given below. Completed forms along with the registration fee can be sent through any of the following modes:

Venue:

The venue will be at the Avari Towers, Karachi.

Payment:

Mode of payment is cash, cheque/bank draft in the name of the Centre for Research and Statistics.

Programme Fee:

All courses are individually priced and quoted along with other course details.

Discount Policy

Discounts are available for all the programmes. More than two participants from one organization are eligible for a 20 % discount

Deadline

The date for each course will be announced in the newspapers and posted on the web site. Application form duly filled along with the payment should be received at least 15 days prior to the commencement of the course.

Who should Attend:

SIX-SIGMA FOR SERVICE QUALITY EXCELLENCE

This 2 day highly interactive workshop designed to impart the tools and techniques to apply 6-Sigma methodologies for quality improvements in the services sector. Pioneered by Motorola and championed by GE. 6-Sigma is rapidly becoming the de facto methodology for efforts at enhancing the quality of products and services and embedding quality in the workplace in the services sector too. Firms in the financial services sector have adapted this methodology to suit their environments with significant success – in terms of considerably enhanced indicators of satisfaction and loyalty of stake-holders: Shareholders, Employees and Customers. Witness 6-Sigma de-mystified – will be presented as a logical, elegant, powerful and practicable methodology.

Course Outline:

The above programs are delivered through a combination of lectures, discussions, case studies, role-plays, group sessions, and experiential exercises to simulate real time work environments - ALL designed to demonstrate the need to adopt Quality now - before it is too late..

Project Director: Salman Ali Hyder, Electrical Engineering and Economist, MIT (USA), is a globally recognized trainer / consultant / facilitator - specializing in implementation of corporate wide Change Management initiatives through the application of methodologies including Quality & 6-Sigma and Customer Relationship Management (CRM) techniques -- particularly in the Financial Services Sector. Additionally he has advised various entities to launch new businesses successfully through the application of Project Management and Leadership skills. He has over 14 years of progressively senior international work experience in Sales, Business Development, Management Consulting, Human Resources, and Quality & 6-Sigma with major corporations including Oracle, Citicorp and most recently the United Overseas Bank Group (UOB) Singapore

TOTAL QUALITY MANAGEMENT (TQM)

Quality and production requires continuous improvements in order to satisfy the increasing quality requirements of customers. This course on Total Quality Management (TQM) will help the participants to design, implement, manage and sustain an integrated TQM effort with the probability of achieving best results. The programme will be conducted through interactive lectures, presentations, exercises and panel discussions focusing on the following topics:

Course Outline:

Project Director: ENGR. NAEEM ILYAS KHANANI, B.E.; M.A. (Econ); MBA. CERTIFIED LEAD AUDITOR ISO 9000,CERTIFIED IN PRODUCTIVITY IMPROVEMENT TOOLS FROM NICC,TOKYO, JAPAN. Mr Khanani is a very versatile professional. He is an electrical engineer, an MBA and an economist. He has finished writing his PhD thesis on the emergence of Quality Culture in Pakistan’s Industrial Sector Vs Selected Asian Countries. His specialization is in the following areas: Quality Culture and Management; ISO Standards; and Productivity Enhancement Tools.

PROJECT MANAGEMENT

Projects can have a critical impact on the success or otherwise of a business. Project management with its sophisticated set of techniques can contribute to the overall profitability of the organization by enabling managers to complete their projects on time and live within their budgets. Due to inadequate allocation of resources and inefficient scheduling of time many projects fail. This course on project management will analyze the organizational framework needed for effective project management and identify the techniques that can be used to avoid some such mistakes. Real life case studies will be used to provide participants with an understanding of the complexities of issues involved with a view towards enhancing their decision making skills.

Course Outline:

Project Directors: Dr Rafiq Ahmed Khan, Ph.D (Financial Management), USA; Masters Degree in Public and International Affairs, Economic & Social Development Concentration, University of Pittsburgh, Pittsburgh, Pennsylvania U.S.A. Dr Khan is Dean at the Dadabhoy University. He served as Research Fellow, Harvard University, U.S.A. 1970-72; Senior Research Fellow (Honorary), Business School, University of Birmingham, UK, 1993-96. He has a Certificate in International Financial Management, British Council, U.K., 1992. His areas of specialization include: Economic Analysis, Financial Evaluation, Management Development and Strategy Formulation and Establishment of Higher Educational Organizations.

and ENGR. NAEEM ILYAS KHANANI, B.E.; M.A.(Econ); MBA. CERTIFIED LEAD AUDITOR ISO 9000,CERTIFIED IN PRODUCTIVITY IMPROVEMENT TOOLS FROM NICC,TOKYO,JAPAN. Mr Khanani is a very versatile professional. He is an electrical engineer, an MBA and an economist. He has finished his PhD thesis on the emergence of Quality Culture in Pakistan’s Industrial Sector Vs Selected Asian Countries. His specialization is in the following areas: Quality Culture and Management; ISO Standards; Productivity Enhancement Tools.

PROJECT EVALUATION

Economic development and choice of investment projects are two sides of the same coin. Managers both in the public and private sectors must understand the relationship between projects and the future structure of business organizations. The objective of this course is to take the managers on an intellectual journey covering the following:

Course Outline:

Project Director: Dr Rafiq Ahmed Khan, Ph.D (Financial Management), USA; Masters Degree in Public and International Affairs, Economic & Social Development Concentration, University of Pittsburgh, Pittsburgh, Pennsylvania U.S.A. Dr Khan is Dean at the Dadabhoy University. He served as Research Fellow, Harvard University, U.S.A. 1970-72; Senior Research Fellow (Honorary), Business School, University of Birmingham, UK, 1993-96. He has a certificate in International Financial Management, British Council, U.K., 1992. His areas of specialization include: Economic Analysis, Financial Evaluation, Management Development and Strategy Formulation and Establishment of Higher Educational Organizations.

MANAGING ENERGY RESOURCES OF PAKISTAN

Modernization of human societies cannot be achieved without the use of energy resources in a manner that ensures their sustainability. Energy issues in Pakistan raise intellectual queries with regard to the alternative sources of energy and their annual rates of depletion. As every country is not endowed with large energy resources, the time horizon for sustainable social development assumes significant importance. The purpose of the course is to sensitize managers on the strategic importance of efficient use of energy for civilization and democracy during the current century.

Course Outline:

Project Director: Dr Rafiq Ahmed Khan, Ph.D (Financial Management), USA; Masters Degree in Public and International Affairs, Economic & Social Development Concentration, University of Pittsburgh, Pittsburgh, Pennsylvania U.S.A. Dr Khan is Dean at the Dadabhoy University. He served as Research Fellow, Harvard University, U.S.A. 1970-72; Senior Research Fellow (Honorary), Business School, University of Birmingham, UK; 1993-96. He has a certificate in International Financial Management, British Council, U.K., 1992. His areas of specialization include: Economic Analysis, Financial Evaluation, Management Development and Strategy Formulation and Establishment of Higher Educational Organizations.

STRATEGY AND POLICY IN TRANSPORT: DOMESTIC AND WORLD ISSUES

Globalization is the result of the availability of inexpensive and affordable modern transportation facilities. A century ago international trade was a small fraction of the world income. Now world trade forms a substantial component of world output. The foreign trade of some industrialized countries is about two – thirds of their domestic product. And the ratio of foreign trade to GDP in LDCs would increase in step with improvements in their transport services. The course aims at generating a movement for raising productivity of the factors of production through optimal development of transportation services. Senior managers in every business organization would become more productive / effective after assimilating the role of transportation in cost and price competitiveness of both commodities and labour services.

Course Outline:

Project Director: Dr Rafiq Ahmed Khan, Ph.D (Financial Management), USA; Masters Degree in Public and International Affairs, Economic & Social Development Concentration, University of Pittsburgh, Pittsburgh, Pennsylvania U.S.A. Dr Khan is Dean at the Dadabhoy University. He served as Research Fellow, Harvard University, U.S.A. 1970-72; Senior Research Fellow (Honorary), Business School, University of Birmingham, UK, 1993-96. He has a certificate in International Financial Management, British Council, U.K., 1992. His areas of specialization include: Economic Analysis, Financial Evaluation, Management Development and Strategy Formulation and Establishment of Higher Educational Organizations.

FINANCIAL DERIVATIVES IN PAKISTAN

After the establishment of the Commodity Exchange in Pakistan and permission of hedging by the Government, financial derivatives will now be traded in Pakistan. Investment bankers, stock brokers and investors are considering the derivatives as tools of risk minimization. The course covers the mechanism, legal aspects and financial implication of the futures, option, index and swaps.

Course Outline:

Project Director: Dr Ayub Khan Mehar, M Phil (AERC); PhD (Corporate Finance), U.S.A. Dr. Mehar has an extensive research and education experience. He has been writing in the ‘Economic Intelligence’ a popular column in the Business Recorder. He is serving as member publications committee of the Institute of Chartered Accountants of Pakistan (ICAP); Research Associate, University of Massachusetts, Amherst, USA; member International Panel of Experts, Georgia Institute of Technology, USA; contributing editor, Textile Asia, Hong Kong; editor, International Textile Monitor, Mumbai. He has served as the head of research in the All Pakistan Textile Mills Association (APTMA) for five years. He has also worked as the research head in various brokerage houses and financial institutions.

CORPORATE RESTRUCTURING AND GOVERNANCE

The course covers the legal, administrative, financial and managerial aspects of companies in the private sector. A multi disciplinary approach will be adopted to understand the impact of changes in financial, managerial and taxation policies on the overall performance of companies.

Course Outline:

Project Director: Dr Ayub Khan Mehar, M Phil (AERC); PhD (Corporate Finance), U.S.A. Dr. Mehar has an extensive research and education experience. He has been writing in the ‘Economic Intelligence’ a popular column in the Business Recorder. He is serving as member publication committee of the Institute of Chartered Accountants of Pakistan (ICAP); Research Associate, University of Massachusetts, Amherst, USA; member International Panel of Experts, Georgia Institute of Technology, USA; contributing editor, Textile Asia, Hong Kong; editor, International Textile Monitor, Mumbai. He has served as the head of research in the All Pakistan Textile Mills Association (APTMA) for five years. He has also worked as the research head in various brokerage houses and financial institutions.

FINANCIAL ECONOMETRICS

This is an advanced level course. Its objective is to improve the quantitative skills of executives in financial markets. The subject is blended with advanced statistics, financial market behavior and corporate financial systems. The course content will enhance the abilities of the participants in the application of quantitative skills in financial analysis.

Course Outline:

Project Director: Dr Ayub Khan Mehar, M Phil (AERC); PhD (Corporate Finance), U.S.A. Dr. Mehar has an extensive research and education experience. He has been writing in the ‘Economic Intelligence’ a popular column in the Business Recorder. He is serving as member publication committee of the Institute of Chartered Accountants of Pakistan (ICAP); Research Associate, University of Massachusetts, Amherst, USA; member International Panel of Experts, Georgia Institute of Technology, USA; contributing editor, Textile Asia, Hong Kong; editor, International Textile Monitor, Mumbai. He has served as the head of research in the All Pakistan Textile Mills Association (APTMA) for five years. He has also worked as the research head in various brokerage houses and financial institutions.

DOING BUSINESS IN THE FREE TRADE REGIME

This subject covers the impact of the WTO agreements on the present and future international trade environment. The course consists of three parts: legal aspects, documentation and economic implications

Course Outline:

Project Director: Dr Ayub Khan Mehar, M Phil (AERC); PhD (Corporate Finance), U.S.A. Dr. Mehar has an extensive research and education experience. He has been writing in the ‘Economic Intelligence’ a popular column in the Business Recorder. He is serving as member publication committee of the Institute of Chartered Accountants of Pakistan (ICAP); Research Associate, University of Massachusetts, Amherst, USA; member International Panel of Experts, Georgia Institute of Technology, USA; contributing editor, Textile Asia, Hong Kong; editor, International Textile Monitor, Mumbai. He has served as the head of research in the All Pakistan Textile Mills Association (APTMA) for five years. He has also worked as the research head in various brokerage houses and financial institutions.

TRADE FINANCING

This course covers costing of export products and price determination. The subject is equally important for export marketing managers, financial analysts, cost accountants and bankers. It will also help professionals to engage in export trading. It covers implications and procedures of export refinancing, exchange rate mechanism, transport and insurance costing, production costing and documentation.

Course Outline:

Project Director: Dr Ayub Khan Mehar, M Phil (AERC); PhD (Corporate Finance), U.S.A. Dr. Mehar has an extensive research and education experience. He has been writing in the ‘Economic Intelligence’ a popular column in the Business Recorder. He is serving as member publication committee of the Institute of Chartered Accountants of Pakistan (ICAP); Research Associate, University of Massachusetts, Amherst, USA; member International Panel of Experts, Georgia Institute of Technology, USA; contributing editor, Textile Asia, Hong Kong; editor, International Textile Monitor, Mumbai. He has served as the head of research in the All Pakistan Textile Mills Association (APTMA) for five years. He has also worked as the research head in various brokerage houses and financial institutions.

QUANTITATIVE TOOLS FOR RESEARCH (I & II)

The purpose of the course is to integrate economic and statistical models and econometric methods. The level of mathematics required for understanding the course material is algebra, elementary calculus and inferential statistics. The course material may be presented in a mathematical approach with proofs and derivations, for those participants who have a relatively good background of mathematics, (Quantitative Tools for Research-I) or through the explanatory approach, for those who may not have a satisfactory aptitude for mathematics (Quantitative Tools for Research-II). The primary purpose of this course is to provide research students with a thoughtful understanding of the subject material. To accomplish this task, theoretical arguments will be supplemented with numerical examples, exercises and class assignments. Participants are also required to use one of the computer software for estimation of econometric models, conduct diagnostic test and analyze the data, sometimes at the end of the course. Time required for the complete coverage of the course is at least 50 hours. By the end of the course participants should be equipped with econometric techniques commonly used in business and economic research.

Course Outline:

Preliminaries: Review of Basic Concepts, Probability and Probability Distributions, Mathematical Expectations, Estimation and testing of Hypotheses, Numerical Examples.

Econometric Process: Four phases of econometric process, Intrinsically Linear Functions. Specification and assumptions of a two variable model.

Two-Variable Regression: Estimation of parameters, mean and variance of the estimators, properties of estimators, Maximum Likelihood Estimators, developing test statistics, testing hypotheses, Interval Estimation, Link between Correlation and Regression, Analysis of Variance.

Application of Regression Analysis: The Problem of Prediction.

Multiple Regression Analysis: The Problem of Estimation, Interpretation of Multiple Regression Equations, Partial Regression Coefficients, mean and variance of estimators, the problem of Inferences: Hypothesis Testing in Multiple Regression, Testing for Overall Significance, Testing for Equality of two Regression Coefficients, Prediction with Multiple Regression.

Dummy variables: Qualitative explanatory variables, intercept dummy, slope dummy, application of dummy variables, Dummy variable test for structural difference, Chow test for structural difference.

Distributed Lag models: Specification with lagged values of variables, Koyck Distributed Lag model, Almon Distributed Lag model.

Specification Errors: Left out variables, Irrelevant variables, consequences and detection, wrong functional form. Remedy; Stepwise regression, Forward selection procedure, In and out method, etc.

Contemporaneous Correlation: Situations, consequences, detection and remedy. Classical Solution of error in measurement, Instrumental variables, Wald, Bartlet and Durbin estimators.

Heteroscedasticity: Situation, consequences, detection and remedy. Gold- Feld Quandt test, Weighted least squares.

Auto Correlation: Situation, consequences, detection and remedy. Durbin Watson test, Cochrane and Orcutt Iterative technique.

Multicollinearity: Situation, consequences, detection and remedy.

Project Director: Professor Syed Muhammad Ahsan Hussain, MSC (Stats) KU; MSC (Econ) Vanderbilt University, Nashvillee, Tennessee, U.S.A. Professor Hussain has served as the Chairperson of the Economics Department, University of Karachi. He has an extensive teaching experience. His expertise is in quantitative subjects like Mathematical Economics, Statistics, Econometrics and Applied Econometrics. His teaching skills are rated very highly.

Gender: Looking at Human Relations Differently

This interactive, participatory, short course encourages you to rethink and re-evaluate much of what you have experienced and learnt in your personal and professional life about society and human relations. The objectives of this course are to learn to evaluate the significance of gender in everyday life; to explore the extent to which gender (as well as ethnicity, social class, and physical disability) affects access to opportunity, power, and resources; to gain critical vocabulary and analytic skills; to examine sex-based inequities as they affect women of all classes, races, and ethnic identifications; to gain familiarity with the development of women's studies as an interdisciplinary academic field.

Course Outline:

Project Director: Ms Zeenat Hisam, M.A. Development Studies (Women & Development), Institute of Social Studies, The Hague, Netherlands. Zeenat Hisam is a writer-editor, specialising in gender and development. She co-manages, along with her husband, a small publishing house, City Press. She has been a regular contributor to the daily Dawn and other publications. Her areas of interest are: gender, urban and development issues

INDUSTRIAL AND MANAGERIAL ECONOMICS

The main objective of this course is to create analytical skills in the students and economics and business professionals. Relevant economic concepts would also be discussed. Decision for mergers, collusion, price discrimination and analytical study of Pakistan's industrial sector is also included as are the various case studies. Basic knowledge of Algebra and Calculus is a prerequisite for this course.

Course Outline:

Project Director: Mirza Aqeel Baig, M.A. and M.A.S (Economics), KU and AERC. Mirza Aqueel Baig has been involved with teaching and research. He is adjunct faculty member at the College of Business Management (CBM) as well as running his private educational institute. His expertise is in quantitative subjects, small scale sector and Managerial Economics.

SMALL SCALE ENTREPRENEURSHIP

This course is designed to familiarize students and professionals with virtues of entrepreneur ship for the society and enable them to consider it as an early or late career option to strengthen their already running businesses, by appreciating the role of entrepreneur ship in economic growth. Starting and operating a new business involves considerable risk and effort to overcome the interia against creating something new. The entrepreneur assumes the responsibilities and risk and enjoys the corresponding rewards. To provide an understanding of the person and the process of creating and growing a new venture, this course introduces the entrepreneurial perspective and focuses on all the elements in the entrepreneurial process that are part of creating a new venture. It introduces the participants with aspects of financing a new venture through alternative sources of capital. Particular emphasis is laid on managing the new venture during growth, early operations and expansions. The objectives are: to understand the role and nature of entrepreneur ship as a mechanism for creating wealth; to understand the important aspects of the business plan, the marketing plan, the financial plan and the organizational plan; to understand the primary financing mechanism of venture capital and informal risk capital; to understand the various phases of start up, growth, expansion and liquidation.

Course Outline:

Project Director: Mirza Aqeel Baig, M.A and M.A.S (Economics), AERC, KU. Mirza Aueel Baig has been involved with teaching and research. He is adjunct faculty member at the College of Business Management (CBM) as well as running his private educational institute. His expertise is in quantitative subjects, small scale sector and Managerial Economics.

COLLECTION AND MARKETING OF PAKISTANI SEA AND FRESH WATER AQUARIUM FISHES

Pakistan is rich in both sea and fresh water fishes and shrimps. While they are an important source of food, the country also has an abundance of decorative fishes, used as pets and decoration purposes in homes and public places. They can also be an important source of foreign exchange earning. In order to develop collection and marketing of sea and fresh water aquarium fishes, scientific knowledge about them, their collection, marketing etc is required. These are the issues that will be addressed in this course. It consists of both theory as well practical demonstration at two sites close to Karachi.

Course Outline:

Project Director: Dr. Nadeem Ahmed, PhD (Econ), University of Karachi. Dr Ahmed has been teaching at the Baqai University. His expertise is in sea and fresh water fishes, shrimps, sea snakes, their culturing, breeding and marketing.

SHRIMP FARMING

Karachi is home to some of the best varieties of fishes, shrimps, prawns, lobsters, etc. They are not only an important source of protein for the local population, but an important foreign exchange earner as well. Shrimp farming is an activity which does not have economies of scale and can therefore be done on a small scale. They can also be started as a house-hold activity to be managed along with other household chores. This course in shrimp farming is intended to provide the house wife/small investor with basic skills to get started.

Course Outline:

Project Director: Dr. Nadeem Ahmed, PhD (Econ), University of Karachi. Dr Ahmed has been teaching at the Baqai University. His expertise is in sea and fresh water fishes, shrimps, sea snakes their culturing, breeding and marketing.