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    1

    We produce thought leaders to the nation.

    Postgraduate Institute of Management (PIM) has

    been in the forefront in breeding such leaders with

    character and competence. They are equipped

    with cutting-edge knowledge and complementary

    skills needed to perform in both private and public

    sectors alike. In producing them with clarity and

    commitment, PIM has always been a centre of

    excellence in management education with its wings

    spreading beyond Sri Lanka.

    Excellence is all about being exceptionally good.

    When applied to enterprises, it involves exceptional

    achievements in a consistent manner. Thats

    what PIM is proud of being a self-financed, semi-

    autonomous public entity. Now the time has come

    to expand our reach, regionally and globally through

    research and teaching. The leadership of PIM has

    been entrusted with another generation. Adhering to

    best practices with appropriate use of technology is

    the way forward in ensuring enhanced quality and

    relevance in all our initiatives. PIM will continue to

    produce value in practicing values, as the nations

    school of business.

    We strive to continuously improve all our programs.

    Master of Business Administration (MBA) is our key

    flagship program. As we have been consistently

    advocating, being an MBA is far more important

    than doing an MBA. It is to put mind before action, in

    all endeavours. The increasingly competitive world

    now demands not just to be an MBA but being

    brilliant as an MBA. We believe in facilitating holistic

    learning with quality and relevance. In doing so, we

    transform mere practitioners to mega professionals

    who will have global presence with local pulse.

    Thats why we offer an enriching learning experience

    in igniting human imagination.

    Dr. Ajantha S DharmasiriDirector and Chairman of the Board of Management

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    4

    The Institute and the

    University

    PIM, established in 1986 by Ordinance

    under the Universities Act 1978, is one

    of the seven postgraduate institutes

    in the university system of Sri Lanka.

    Though it is relatively young, it has the

    largest student population among the

    institutes, and it is the only self-financing

    higher learning institution in the

    university system of the country.

    The University of Sri Jayewardenepura,

    to which PIM is affiliated, is 55 years

    old. In fact, it is much older if one counts

    the long years of its history as a seat

    of learning. The history of this institute

    dates back more than a century to

    1873, when the most Ven. Hikkaduwe

    Sri Sumangala Nayaka Thero laid the

    foundation of this distinguished centre

    of learning as a Pirivena (Institute of

    Buddhist and Oriental Studies) named

    Vidyodaya(meaning awakening of

    knowledge).

    In 1958, it was reconstituted as the

    Vidyodaya University of Ceylon by

    an Act of Parliament. Under the

    Universities Act of 1978, it was renamed

    University of Sri Jayewardenepura,

    after the new administrative capital ofSri Lanka. Today, its full-time student

    population is over 12,000 enrolled in

    the faculties of Humanities and Social

    Sciences, Management Studies and

    Commerce, Applied Sciences,Medical

    Sciences and Graduate Studies.

    InternationalCooperation

    The Institute is looking forward to

    collaborating with institutions of higher

    learning in the region and in East

    Asia, for the purpose of promoting

    research in comparative management,

    doctoral studies and developmentof specialization in such areas as

    Banking, Finance, Technology

    Management, and Entrepreneurship.

    Cooperation with foreign universities

    and foreign management institutes has

    been a principal means by which the

    groundwork for PIM has been laid over

    the past two decades. PIM gives high

    priority to the development of links with

    reputed educational institutions abroad.

    The desire to develop expertise and

    promote disciplined development in the

    international context is the driving force

    behind the quest for cooperation.

    The policy of the Institute is to

    cooperate with centres of higher

    learning worldwide. In particular, PIM

    looks forward to forging links with

    centres of excellence in the Asia-Pacific

    Region, the South Asian Association

    for Regional Cooperation (SAARC),

    the Indian Institute of Management

    (IIM) and Universities elsewhere. PIM

    leaves areas of cooperation open

    with a view to achieving the widerpurposes of management education. In

    practically every field of specialization

    at the Institute, collaborative ventures

    are welcome. Collaborative research

    into local and regional phenomena,

    both fundamental and applied, is

    one of the primary purposes of PIM.

    The faculty of PIM, both regular and

    visiting, are involved in research, and

    the current projects cover areas such

    as the sociocultural foundations of

    management, development of industrial

    policies and industry competitiveness

    and administrative reforms in the public

    sector.

    What can PIM offer to the visiting

    foreign faculty? PIM classrooms provide

    a forum for the meeting of minds.

    PIMs postgraduate students, with their

    extensive experience in local business,

    differing approaches and attitudes

    to work, people and organizations,

    present a rich and stimulating learning

    environment. In fact, it is such

    classroom dynamism that the visiting

    foreign faculty enjoys most.

    As a matter of policy, PIM offers to thevisiting foreign faculty a remuneration

    package which includes professional

    fees, accommodation, transport,

    secretarial and IT communication

    facilities.

    Partnership with UNSW

    Canberra

    PIM has a research collaboration

    agreement with the School of Business,

    University of New South Wales,

    Canberra. Hence, successful MBA

    candidates have the opportunity to gain

    a three year comprehensive scholarship

    to follow a doctoral programme at

    the University of New South Wales,

    Canberra. However, this is subject to

    relevant terms and conditions.

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    5

    Guided by our Intent, the Institute

    consciously adopts a series of strategy-

    driven policies and programmes in the

    four key result areas of management

    education and research:

    Higher Degrees

    Quality in Output

    All our graduates in business, public

    sector management and doctoral

    programmes are expected to

    demonstrate high levels of achievement

    in three areas:

    Distinct operational competencies

    in a chosen specialization of

    management;

    Distinct competencies in the generic

    management skills of interpersonal

    relations and communication

    including IT; and

    Distinct competencies in higher

    order integrative abilities in systems

    integration, strategy formulation and

    leadership.

    Relevant Education

    Courses of study, areas of

    specialization and majors, and research

    priorities in all programmes of study will

    reflect the Institutes response to the

    priority needs of industry, government

    and national development as perceived

    by the Institute. In this process, the

    Institute also gives priority to the study

    of international business and issues of

    globalization.

    Research in Management

    Proudly Continuing Our Tradition

    PIM is the leading higher education

    institution in the country that

    conducts research in the discipline of

    management. This is amply reflected

    in our claim that our MBA is one ofthe few, and best, MBA programmes

    in the world where research is an

    important and essential component

    of the degree. While many MBA

    programmes elsewhere have

    conveniently abandoned the most

    precious learning activity of research,

    we proudly continue to improve upon

    the quality of our research activity in the

    MBA programme. And, we have done

    so for over two decades. Research

    interests developed at the Masterslevel are promoted through the doctoral

    programme of study.

    A Research Fund

    Consistent with the above tradition, the

    Institute operates a Research Fund

    that supports large research projects

    which focus on management issues,

    industry competitiveness, public policy

    and comparative management including

    cross-cultural studies. In this direction,

    we promote joint research projects with

    scholars from overseas, particularly

    from this part of the world.

    The Sri Lankan Journal of Management,

    the quarterly Journal of the Institute

    which started in 1996, and the new

    Professional Manager Magazine

    continue to provide a forum for

    publication and discussion.

    Training

    Management Development for

    Companies

    We will continue to offer management

    development programmes that are

    tailored to meet the professional

    development needs of individualcompanies or organizations. These

    are of medium-term duration covering

    approximately 100 hrs. of training

    and field projects. For senior-level

    management, we offer short courses

    on specific issues of organizational

    improvement or personal professional

    enhancement.

    General Management Issues

    The other important component of

    our training activity is issue-centred

    training workshops for managers across

    industry and the public sector.

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    6

    Core Competency

    Development

    Faculty Development

    We recruit new faculty members with

    credentials in academic work and

    industry experience and evidence

    of academic excellence. There

    are schemes that encourage the

    professional development of full-time

    faculty, and they are unique in the

    university system of Sri Lanka.

    Foreign Faculty

    To augment the faculty requirements,

    the Institute recruits faculty

    internationally for short-term

    assignments (one month onwards). It

    offers attractive schemes for local and

    foreign academics who are looking forplaces to spend their sabbatical leave

    productively.

    Integration of IT with Teaching

    An important direction of programme

    quality improvement will be the

    integration of IT software with teaching

    courses and delivery of selected course

    work through the Internet.

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    7

    Degree Requirements

    The Master of Business Administration

    (MBA) is the core degree programme

    of the Institute. It takes two years

    to complete. Organized into eight

    academic terms during this two-

    year period, the programme offers

    approximately 600 classroom

    interaction hours and over 60 hours

    of faculty consultation on research,

    skills development, directed study

    and residential workshops. Since the

    degree requirements for group work,

    practical assignments, research and

    skills projects as well as examinations

    are comprehensive, the demand on

    students in terms of study hours is high.

    Most of the sessions are conducted

    during evenings and weekends and part

    of the work is done through day-time

    workshops and off-campus residential

    programmes. All degree requirements

    must be completed within five years of

    the date of first registration.

    A student must earn a total of 60

    credits by way of course work, research

    work and skills demonstration. These

    credit hours (cr) are distributed among

    these components of the regular study

    programme as follows:

    Required Core Courses (34 cr),Elective Courses (08 cr),

    Integrative Course in Management

    (03 cr)

    Management Research Project or

    Management Skills Project or

    Management Case Study Project or

    Entrepreneurship Skills Project (15 cr).

    The Management Research Paper/

    Management Skills Project/Management

    Case Study/Entrepreneurship Skills

    Project is presented by the student

    before a panel of academic and

    professional evaluators.

    Students needing an academically-bent Masters Degree may undertake

    research leading to a Thesis (20 cr),

    in which case the student will not do

    the Management Research Project

    or the Management Skills Project or

    Management Case Study Project, and

    the integrative course in Management.

    Further, the student will do only two

    electives.

    Time Tables

    The academic year is organized on aterm basis. The duration of a term is

    three months. A two-credit course which

    is 30 session hours, is conducted over

    a period of 10 weeks, and a student

    will complete three such credit courses

    in a typical term. Each course will

    have its own scheme of evaluation,

    including skills and research-based

    assignments and group work, and a

    final course examination. Time tables

    for sessions vary according to whether

    the programme is full-time, part-time or

    evening/weekend. The time for evening

    sessions is from 1730h to 2030h on

    weekdays.

    The MBA programme complies with

    the Sri Lanka Qualifications Framework

    (SLQF)-Exit Level 8. Students have

    the option to follow the general MBA

    programme or specializing either

    Human Resource Management or

    Finance.

    MBA Students

    PIMs MBA attracts practising managers

    and professionals largely from the

    private sector. Candidates come

    from different academic and work

    backgrounds. Engineering, marketing,

    accounting, finance and IT are the

    popular ones. The average age of

    students in a class is 25 years and they

    possess, on an average, 3 to 6 years

    of executive experience. Students who

    come with adequate preparation in

    supportive learning skills in such areas

    as computing, statistics, accounting

    and communication seem to enjoy the

    learning activity better, and they copewith the stresses of the programme with

    relative ease. The most valued learning

    outcomes for students of the MBA

    Degree include:

    Learning the art and science

    of providing leadership, including

    entrepreneurial and strategic

    thinking for business organizations

    competing in borderless

    environments;

    Developing higher levels of

    competence in problem and policyanalysis in marketing, production,

    financial and organizational aspects

    of business;

    Mastering the complex processes

    of decision making and application

    of modern management techniques

    for productivity and quality

    enhancement;

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    8

    Developing values and skills for

    working with people, particularly in

    groups and teams; and

    Sharpening business

    communication skills for negotiation

    and executive presentations.

    Who Should Apply

    Eligibility to apply for admission to the

    MBA Degree programmes is determined

    according to the following criteria:

    1. One of the following qualifications:

    a) A Bachelors Degree, with at least a

    second class (upper division) pass,

    in business/public administration/

    commerce/management studies

    from a recognized university.

    b) A Bachelors Degree with a good

    Grade Point Average (GPA) from

    a recognized university and at

    least three years experience in a

    managerial capacity, or teaching

    or research experience relevant

    to the programme of study, at an

    organization acceptable to the

    Institute.

    c) A professional qualification

    recognized by the Institute as

    being equivalent to a Bachelors

    Degree of a university, a high

    level of achievement at the

    examinations of the professional

    qualification (i.e., a good GPA), and

    three years work experience in a

    managerial - executive capacity at

    an organization acceptable to the

    Institute.

    d) Senior managers, entrepreneurs

    and researchers who have an

    exceptional and outstanding

    track record. (In this category,

    the Institute will adopt specialprocedures for the determination

    of eligibility for selection where the

    number of places allocated in the

    programme is limited.)

    2. A good knowledge of English.

    Assessment of Applicants

    Admission to the Institutes programmes

    of study is competitive. In the selection

    of applicants, intelligence is viewed

    as necessary but not sufficient. PIM

    welcomes applicants with experience

    in managing organizations or in

    research together with qualities of

    dynamic leadership and a desire for

    continuous improvement. In making

    selection decisions, this admission

    policy recognizes the relevance of three

    equally weighted sets of attributes:

    intellectual capacity, demonstrated

    professional/research competence

    and personal characteristics. Since

    the Institutes courses of study are

    conducted in the English medium,

    candidates are required to haveadequate proficiency in English.

    The admission procedure includes three

    steps of evaluation:

    a) Review and assessment of

    application and qualifications;

    b) An admission test, and

    c) An interview.

    A Board of Admission administers

    this procedure. Both academic and

    professional qualifications of applicants

    will be assessed in order to determine

    applicants intellectual capacity and

    achievements. Grades obtained at

    examinations would be considered a

    valid indicator, and they will be scaled

    to find whether the GPA of a given

    applicant is excellent, good or poor.

    Applications of those persons whose

    GPA is poor may be rejected at the

    stage of determining their eligibility to

    apply.

    Admission Test

    Qualified applicants are required to sit

    the Admission Test in Management

    conducted by the Institute. This test

    is designed to assess the candidates

    analytical skills, communication skills,

    proficiency in English and knowledge of

    the business environment.

    Applications and Fees

    A copy of the Programme Handbook

    with an application form could be

    obtained from the PIM office on

    payment of Rs. 500.

    An application-processing fee of

    Rs. 1,000 must be paid at the time

    of sending the application. Course

    fees applicable to each programme

    of study are indicated at the time of

    announcement of each programme.

    Course fees once paid are not

    refundable, in whole or in part. (The

    course fee for 2016-2017 programme is

    Rs. 550,000).

    Timetables for sessions will vary

    according to whether the programme is

    full-time, or conducted during eveningsor weekends.

    Foreign Applicants

    Foreign students may use the

    application forms obtainable from the

    Institute to make a formal application for

    the programme of study. Applications

    must be accompanied or followed by:

    a) An official transcript of the academic

    record of the candidate, forwarded

    to the Institute directly by the foreign

    university/ institute concerned.The applicant is required to make

    necessary arrangements for

    the Institute to receive his/her

    transcripts on time.

    b) Evaluation reports by two referees,

    addressed to the Director of the

    Institute, under confidential and

    sealed cover.

    Those applicants whose medium

    of educational instruction over a

    considerable period of time (minimum

    of three recent years) has beenEnglish may seek exemption from the

    Admission Test in Management by

    forwarding evidence of competence in

    the English Language.

    Foreign applicants may also be

    exempted from the oral examination

    requirement for admission.

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    9

    Programme Duration and

    Extensions

    The normal period of study (effective

    from the day of registration) for the MBA

    is two years.

    Under circumstances acceptable tothe Board of Study of the Institute a

    student may, upon request, be granted

    extension of registration beyond the

    normal period of study stipulated for

    the programme. The maximum period

    of study for the MBA is five years

    from the date of first registration in the

    programme of study.

    Students receiving extensions must

    pay a programme fee for the period of

    extension.

    Course Registration

    Students must also register themselves

    separately for required and elective

    courses. In general, a student who is

    employed will not be allowed to take

    more than three courses per term.

    However, those students who are

    not employed or have obtained study

    leave may be allowed to take up to five

    courses per term.

    Audit

    Under special circumstances, a student

    may be allowed to audit a course (i.e.,

    register and follow a course without

    claiming credit) with the permission of

    the Director and the course instructor

    concerned.

    Cancellation of Registration

    The university registration of those

    students who cannot complete thepostgraduate degree within the

    stipulated time will be automatically

    cancelled. If they still wish to obtain

    the Degree they must reapply for

    admission.

    Student Discipline

    In order to secure and maintain

    professional and ethical standards

    pertaining to discipline, students are

    expected to exercise restraint in their

    conduct both inside and outside the

    Institute. It is the responsibility of each

    student to obtain a copy of the PIM

    Student Handbook and familiarize

    himself/herself with the regulations,

    procedures and guidelines given

    therein, and adhere to them in pursuing

    the studies and research prescribed by

    the Institute.

    Further Information for Students

    Detailed information regarding all the

    policies and procedures and regulations

    governing the programme is given

    in the Student Handbook, which is

    given free to registered students. It

    is the responsibility of the student to

    understand and follow the information

    given in this Handbook.

    MBA Curriculum

    PIM is privileged to offer its clientele

    the exposure it has gained both locally

    and globally to meet the growing

    needs of managerial competencies

    and professionalism. The curriculum

    is structured around seventeen core

    courses and a choice of elective

    courses from a wide array of subject

    areas. Students are directed to research

    and skills development projects in each

    required course, leading to a well-

    conceived final project in the second

    year of study.

    Credit Requirements

    The credit structure of the MBA

    Programme is as follows:

    Grading System

    The grading system currently applicable

    in the programme is as follows:

    Course Type No.of Credits

    Required Core Courses (17) 34

    Elective Courses (04) 08

    Integrative Course in Management 03

    Management Research/Skills/Case Study

    Entrepreneurship Skills Project

    15

    Total 60

    Marking Scale Grade Point

    Scale

    00 - 59 F 0

    60 - 65 C 2

    66 - 70 C+ 3

    71 - 75 B 4

    76 - 80 B+ 5

    81 - 85 A- 6

    86 - 90 A 7

    91 - 100 A+ 9

    To qualify for the MBA Degree the level

    of performance required at the end of

    Year II is a GPA of 4.0 or better on the

    above scale.

    Excellence in Performance

    A Merit Pass in the MBA degree is

    awarded to a candidate who receives

    a GPA of 7 or better, together with a

    grade of A for the final project.

    The Dr. G C B Wijesinghe Memorial

    Gold Medal and Cash Prize by KPMG

    Sri Lanka is presented to the Best

    Student of a given intake for achieving

    the overall highest average in the

    Master of Business Administration

    Programme.

    This is in compliance with SLQF Exit Level 8 requirements

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    Programme Structure Required Courses:Term I (Year 1)

    MBA 501 Managing Organizations

    MBA 502 Economic Analysis for Business

    MBA 503 Business Communication

    Term II (Year 1)

    MBA 504 Marketing Management

    MBA 505 Organizational Behaviour

    MBA 506 Managing Business Operations

    Term III (Year 1)

    MBA 507 Managerial Finance

    MBA 508 Human Resource Management

    MBA 509 Business Law

    Term IV (Year 1)

    MBA 510 Information Management

    MBA 512 Leadership and Business Development

    MBA 517 Management Research Skills

    Term I (Year 2)

    MBA 513 Strategic Financial Management

    MBA 514 International Business

    MBA 515 Business Strategy

    Term II (Year 2)

    MBA 511 Project Management

    Elective Course I

    Elective Course II

    Term III (Year 2)

    MBA 516 Entrepreneurship

    Elective Course III

    Elective Course IV

    Term IV (Year 2)

    MBA 520 Integrative Course in Management

    One of the following

    MBA 525 Management Research Project

    MBA 526 Management Skills Project

    MBA 527 Management Case Study Project

    MBA 528 Entrepreneurship Skills Project

    MBA 529 Management Research Thesis

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    MBA 501: Managing Organizations

    Overview of managing organizations,

    evolution of management thinking,

    approaches to planning in organizations,

    organizing and organizational design,

    leading vs. managing in organizations,

    control techniques in management,

    systems perspective of organizations,

    managing change, managing the

    human resource in organizations,

    organizational culture, balanced

    scorecard as a progress tracking tool.

    Learning Highlights:

    1. Intent, scope and context of

    management

    2. Managerial roles skills and functions

    3. Managing in diverse contexts

    4. Managing change

    MBA 502: Economic Analysis for

    Business

    Fundamental economic problems facing

    societies and individuals; how modern

    markets work; demand and supply

    analysis; Government intervention in

    the economy; elasticity and business

    applications; theory of production and

    cost; industry structures from perfect

    competition to monopoly and business

    strategy.

    The macroeconomic environment of

    business; national income accounting

    and economic growth; international

    trade; balance of payments and

    exchange rates; implications

    for business of Governments

    macroeconomic policies - fiscal policy,

    monetary policy and exchange rate

    policy.

    Learning Highlights:

    1. Elasticity coefficients and business

    strategy

    2. Cost-output behaviour and pricing

    decisions

    3. Industry analysis and firm-level

    actions

    4. National income accounting

    5. Balance of payments accounting

    6. Government policy and firm-level

    responses

    MBA 503: Business Communication

    Communication in organizations;

    classification of information andtypologies; topics and themes;

    professional and business writing,

    writing of management reports;

    executive oral presentation skills; inter-

    cultural communication; listening skills;

    creative thinking, negotiation skills;

    conducting executive meetings.

    Learning Highlights:

    1. Overcoming communication barriers

    2. Creative and critical thinking

    3. Executive presentations

    4. Negotiating and conducting

    meetings

    MBA 504: Marketing Management

    Essentials of marketing: marketing as

    a philosophy and function; profiling

    the Sri Lankan consumer; market

    segmentation, targeting and positioning;

    managing the marketing-mix: new

    product development, branding, pricing,

    selling, marketing communication,

    distribution; market/sales forecasting;product/market plans.

    Learning Highlights:

    1. Consumer needs analysis

    2. Developing positioning strategies

    and value propositions

    3. Marketing strategy implementation

    and monitoring.

    MBA 505: Organizational Behaviour

    Historical development of the study of

    organizational behaviour; perception,multiple intelligences and personality;

    attitude, values and ethics; Theories

    of motivation, Zimbardo and Milgram

    effects; power, politics and influencing

    tactics; team dynamics; conflict and

    stress; identification and involvement,

    leading to organizational commitment.

    Learning Highlights:

    1. Psychological determinants of

    behaviour

    2. Psychometrics for personality

    profiling

    3. Organizational values

    4. Organizational climate survey

    5. Modes of motivation

    MBA 506: Managing Business

    Operations

    Production systems and processes;

    meeting customer needs and wants;

    design and innovation of socio-technical

    systems of operation; information

    technology interfaces; core business

    and outsourcing; measurement of

    performance and productivity; total

    quality management; certification of

    quality systems; work processes and

    layout strategy; planning, execution

    and monitoring of projects; logistics

    and supply chain management; work

    measurement, method study and

    ergonomics.

    Learning Highlights:

    1. Designing and development of

    products

    2. Quality system design

    3. Layout planning

    4. Project formulation, implementation

    and monitoring

    5. Network application

    MBA 507: Managerial Finance

    Role and function of accounting and

    finance; understanding financial

    statements; interpretation and

    analysis of financial statements; cash

    flow statements and working capital

    management; sources of finance andcost of capital; budgeting and budgetary

    control; contribution analysis and

    managerial decision making; investment

    appraisal; shareholder value creation

    and corporate governance; mergers and

    acquisitions.

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    Learning Highlights:

    1. Financial statements for managerial

    decision making

    2. Cost of funding

    3. Intricacies of working capital

    management

    4. Investment project evaluation

    5. Contribution-analysis for decision

    making

    6. Shareholder value creation within a

    business

    MBA 508: Human Resource

    Management

    Managing people in the context of

    change, strategic HRM, employee

    selection, employee discipline, training

    and development, job design andanalysis, managing performance,

    employee relations, managing rewards,

    emerging trends in HRM, emerging

    trends through 7G framework.

    Learning Highlights:

    1. Role of HRM in organizations

    2. Training need analysis

    3. Best HRM practices

    4. Emerging trends

    5. Developing a HR scorecard

    MBA 509: Business Law

    Fundamental concepts of Business

    Law; sources of law; the legal and

    court system; forms and procedures

    in commercial litigation; legal forms

    of business organizations; sole

    traders, partnerships, syndicates, joint

    ventures, agencies and companies;

    contract law, tort law, property and

    criminal law in relation to business;

    intellectual property; the law governing

    e-Commerce; banking and insurancelaw; securities in lending, hire purchase,

    guarantee and indemnity; employment

    and labour law and dispute settlement;

    mediation, arbitration, ombudsman

    schemes and consumer protection.

    Learning Highlights:

    1. Role and scope of Business Law

    2. Legal principles and concepts

    3. Analysis of legislation and judicial

    decisions

    4. Impacts of Law on business andcommerce

    MBA 510: Information Management

    Business and IT; the business value

    of ICT, use of IT for competitive

    advantage, ICT strategy vis a vis

    business strategy, DMS and data

    warehouses, the Internet and

    e-Business, knowledge management in

    organizations, intra-organizational and

    global information systems, enterprise

    information systems, security and

    control.

    Learning Highlights:

    1. Enterprise systems

    2. Business impact of the internet

    3. Effective selection and

    implementation of IT systems

    4. ROI on IT investments

    MBA 511: Project Management

    Introduction to Project Management;

    scope, time, cost, quality dimensions

    of PM, procurement, integration risk

    management; PM office; programme

    Management; PM methodologies;

    change and configuration management

    in PM; project auditing; international

    standards and practices in PM.

    Learning Highlights:

    1. Recent PM body of knowledge and

    implications

    2. Project design, planning, monitoring

    and control of projects

    3. Managing risk, understanding PM

    office

    4. Programme management

    5. Project auditing

    MBA 512: Leadership and Business

    Development

    Leadership in high performance

    organizational cultures; historical,

    modern and postmodern leadership

    theories; entrepreneurship

    development; ethical dimension of

    exemplary leaders; building a leadership

    pipeline for succession; emergent

    leadership in crisis and disaster

    management; business modeling and

    the business plan; building a high

    performance culture of commitment

    and competence; business incubators;

    design and creation of strategic

    business units, innovation and creativity

    in organizations.

    Learning Highlights:

    1. Designing a leadership pipeline

    2. Guidelines for ethical practice

    3. Business modeling

    4. Business plan development

    5. Business leader characteristics and

    behaviours

    MBA 513: Strategic Financial

    Management

    Understanding finance strategy;

    agency theory and stewardship theory;

    globalization of finance; sources oflong-term funding; capital structures;

    arguments on risk vs. return; maximizing

    shareholder wealth; analysis of finance

    strategy in the context of product life

    cycle; advanced aspects of capital

    budgeting; evaluating and forecasting

    long-term cash flow patterns; working

    capital management; foreign currency

    management; dividend policy; mergers

    and acquisitions.

    Learning Highlights:

    1. Strategic aspects of FM

    2. Investment Analysis

    3. Capital structure decisions

    4. Finance strategies for growth

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    MBA 514: International Business

    Globalization; global institutions;

    international differences in culture and

    business implications; international

    trade theories; comparative and

    competitive advantage; economic

    groupings and free trade agreements;

    FDI; balance of payments; foreign

    exchange market; modes of entry

    into foreign markets and strategic

    alliances; strategies for the global

    market; business negotiation; global HR

    practices.

    Learning Highlights:

    1. Cross-cultural differences and

    adaptation

    2. Negotiating strategic alliances/joint

    ventures

    3. Foreign exchange markets and risk

    management techniques

    4. Profiling country business settings

    and practices

    MBA 515: Business Strategy

    Business strategy, competition and

    winning; business paradigms and

    competing for the future; types and

    risks of strategies; industry analysis;

    company analysis; strategy formulation;

    vision, mission and objectives, strategyand policy; corporate planning;

    plan implementation; appropriate

    organizational structures and cultures.

    Learning Highlights:

    1. Analysis of business contexts

    2. Developing strategic positions

    3. Developing the vision and mission

    of a business

    4. Executional strategies and

    operationalization

    MBA 516: Entrepreneurship

    The philosophy, process and practice

    of entrepreneurship; identifying

    entrepreneurship through S curves

    of growth; personal entrepreneurial

    competencies; the cultural context

    of entrepreneurship; foci of different

    schools of entrepreneurial thought;

    creativity and innovation; identifying

    windows of opportunity; wedges of

    entry into established markets; blue

    ocean strategy for entrepreneurs;

    entrepreneurial strategy; social

    entrepreneurship; family business andsuccession; legal and other compliance

    issues.

    Learning Highlights:

    1. Self-evaluation as an entrepreneur

    2. Developing entrepreneurship

    3. Studying an entrepreneur

    4. Opportunity recognition

    5. Personal plan for development

    MBA 517: Management Research

    Skills

    Nature and significance of research;

    types and characteristics of scientific

    research; approaches to research

    deductive/inductive and quantitative and

    qualitative research; conceptualization

    and hypothesis development; process

    of operationalization; sampling theory;

    data collection instruments and methods

    including focus groups; observation

    methods and case study; statistical

    techniques and presentation of findings.

    Learning Highlights:

    1. Descriptive, analytical and

    diagnostic modes

    2. Data gathering approaches

    3. Interviewing techniques

    4. Data analysis and presentation

    MBA 520: Integrative Course in

    Management

    The Integrative Course in Management

    consists of a series of five seminars. At

    the end of the seminar series students

    are required to sit a Comprehensive

    examination of three hour duration.

    MBA 525: Management Research

    Project (MRP)

    Through MRP, the student will

    demonstrate his/her depth of knowledge

    and understanding in a chosen area

    of study via an extensive study/survey

    of existing knowledge, innovativeformulation of problems and their

    analysis; collection, analysis and

    interpretation of data and information,

    and developing sound conclusions.

    Students are advised to select a

    suitable area of study for this purpose

    early in their study programme, and

    then use the research exercises given

    in required courses to explore and

    develop their research questions and

    background literature.

    Required:Approval of research

    proposal; submission of paper during

    the last term of study; and oral

    examination of paper (approximately

    one hour).

    Length:15,000 words, excluding

    appendices.

    MBA 526: Management Skills Project

    (MSP)

    Through MSP, the student will

    demonstrate his/her knowledge and

    understanding in a chosen area

    of study via a survey of existing

    knowledge and identification of a

    business or management problem

    requiring solutions in a practical setting,

    and demonstrate competency in a

    chosen area(s) by designing a project,

    implementing it and reporting the results

    obtained. A wide range of projects

    in construction, business, services

    and management of organizations is

    permitted. Students are advised to

    plan for a suitable project early in their

    study programme and then use the

    skills assignments available in required

    courses to prepare for the project

    to be undertaken in the last term of

    study. Students may search for project

    sponsors/funding sources to support the

    projects implementation.

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    Required:Approval of management

    skills proposal; submission of project

    during the last semester of study;

    and oral examination of project

    (approximately one hour)

    Length:12,500 words, excluding

    appendices.

    MBA 527: Management Case Study

    Project (MCS)

    Through MCS, the student will

    demonstrate his/her ability to

    examine an organization based on an

    overarching theme.

    Evidence, both quantitative and

    qualitative, will be collected relating to

    the selected organization in examining

    the identified theme. The collected

    information which will be organized

    in terms of a well-crafted conceptual

    framework and its underpinning theme

    will then be narrated in order to develop

    the case study which will be undertaken

    in the last term of study. Pointed

    questions will be listed at the end of the

    case study for the reader to explore.

    Required:Approval of case study

    proposal; submission during the last

    semester of study; and oral examination

    of case study (approximately one hour)

    Length:12,500 words, excluding

    appendices.

    MBA 528: Entrepreneurship Skills

    Project (ESP)

    ESP is specially meant for the student

    who intends to start up his own

    business, spearhead the startup of a

    strategic business in an organization,

    plan a specific aspect of business

    development, or move into business

    consultancy for startup entrepreneurs

    or small businesses. It is an opportunity

    for the student to demonstrate his/

    her knowledge and understanding

    of entrepreneurial strategy. In doing

    so he/she will make evident his/her

    competency in identifying an opportunity

    in the market, developing an idea,

    crafting strategy for the startup of

    a business unit for manufacture or

    service, analyzing operational, market

    and financial feasibility, and also

    executing a project using state of the

    art project management knowledge. Asin MBA526 Management Skills Project,

    students are advised to plan for such a

    venture early in their study programme

    by aligning assignment of courses such

    as Managing Business Operations,

    Leadership and Business Development,

    Entrepreneurship, and Small Business

    Management towards this end. Students

    are also advised to seek sponsors

    and partners who would facilitate the

    realization of this project.

    Required:Approval of entrepreneurship

    skills proposal; submission during

    the last semester of study; and oral

    examination of project (approximately

    one hour)

    Length:12,500 words, excluding

    appendices.

    MBA 529: Management Research

    Thesis

    Students pursuing the Thesis

    option with 20 credits (in lieu of theManagement Research/Skills/Case

    Study/Entrepreneurship Skills Project)

    may leave out one elective course (2

    credits) and the Integrative Course in

    Management Course (3 credits), thus

    making up for the 5 additional credits

    entitled for the Thesis.

    Required:Approval of management

    research thesis proposal; submission

    during the last semester of study;

    and oral examination of thesis

    (approximately one hour).

    Specialization Areas

    Specialization areas are Human

    Resources Management and Finance.

    In order to specialize a student is

    required to successfully complete three

    courses (out of the four required to be

    taken, if not following the Thesis option)

    from the chosen area of specialization.

    Further, his/her Management Research/

    Skills/Case Study/Entrepreneurship

    Skills Project should also be from the

    area of specialization

    Residential Workshops

    An important feature of programme

    delivery is residential workshops.

    Usually, they are held in hotels away

    from Colombo. These workshops help

    students and faculty to examine current

    issues in management in a quite and

    restful environment of that promotes

    creativity in group settings.

    Postgraduate DiplomaOption

    Students who are unable to complete

    the MBA Degree requirements may

    obtain a Postgraduate Diploma in

    Management (PGDM). PGDM may

    be awarded to those students who

    successfully complete all requirements

    except those for research and skill

    competencies. Likewise, PGDM will also

    be awarded to those who do not reach

    the required level of overall academic

    performance measured by Grade Point

    Average (GPA).

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    Elective Courses

    Specialization Areas

    MHR 600 - 609 Human ResourceManagement

    MHR 600 International Human Resource Management

    International Human Resource Management deals with

    aspects of managing people in the global work place.

    This course will help participants to become either global

    managers of multinational corporations located in different

    countries or managers who work for diversified enterprises

    with plant and branches in different locations. Essentially,

    it deals with global HR issues arising in relation to the

    management of workforces functioning in cross-cultural

    operating contexts.

    MHR 601 Human Resource Development

    Human Resources Development is a function of an

    organization that provides opportunities for an individual to

    improve his/her current and future job performance, while

    simultaneously making best use of human capital in order

    to improve the efficiency of the organization itself. Excellent

    Human Resource Development Systems are integral to

    the organizations strategic plan. This course will assist

    participants to learn how organizations develop competencies

    in people who work in them, so that they would have the ability

    and urge to achieve beyond the average.

    MHR 602 Organizational Psychology

    This course applies knowledge of behavioural science to

    managing people at work and organizational development.

    By taking a more Asian perspective, it applies principles

    of the Moral Sciences as well. Topics covered include

    individual differences, personnel selection decisions,

    personnel performance assessment, conflict management

    and negotiation, motivating employees, team-work issues,

    productive and counter-productive behaviour, work-life

    balance and personal quality.

    MHR 603 Strategic Human Resource Management

    In the competitive world of business, Strategic Human

    Resource Management has a strong bearing upon

    an organizations corporate strategy formulation and

    implementation. It is also the pattern of human resource

    deployment and activities intended to enable an organization

    achieve its objectives. This course deals with linking HRM with

    the strategic management processes of the organization with

    emphasis on co-ordination and congruence among the various

    HR practices.

    MHR 604 Performance Evaluation and Management

    This course aims at studying measurement of employee

    performance for effective and the efficient management of

    organizations. In this, widely acclaimed motivational and

    performance evaluation models will be examined with focus

    on their possibility of use in the local context. The scope

    will include impact remuneration and incentive schemes

    and bonus plans for different categories of employees in the

    organizational hierarchy. The course will be enriched withsuccess stories from global and local contexts.

    MHR 605 Contemporary Issues in Human Resource

    Management

    The aim of this course is to provide an up-to-date analysis of

    the diverse and complex range of issues currently confronting

    the field of human resource management. Further, there is

    a strong focus on applying current theories and models to

    successful companies within the global and local context. In

    addition, the latest research in the field of HRM is used to

    demonstrate topical issues from a strategic and innovative

    perspective. The course is more suitable for candidates whohave substantial work experience in HRM.

    MBF 610 - 619 Finance

    MBF 610 Cost Analysis for Management

    Managing costs, which is largely within the control domain

    of management, is of prime importance in managing

    organizations. A systematic analysis of costs is the precursor

    to effective cost management viacost control and cost

    reduction. This course offers a scheme for analysis of costs

    and a choice of methods/ tools of cost control to select from.

    In addition, the course develops a mind-set inclined towards

    managing costs. Case studies will be used to illustrate

    success stories and also demonstrate analytical and control

    techniques.

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    MBF 611 Corporate Business Finance

    Corporate Business Finance concerns the maximization of the

    financial value of an organization while managing the financial

    risks faced by the firm. This course is designed to enable

    the participants to understand the behaviour of the financial

    environment of the firm, the interrelationships among different

    drivers therein and its impact on the decision-making process

    including behavioural aspects. Emphasis will be placed on

    practical application of principles, concepts and intuitive

    understanding of the theory behind salient financial decision

    models.

    MBF 612 Portfolio Management and Business Valuations

    Firstly, this course is designed to acquaint participants with

    basic concepts, theories and practices in understanding

    and analyzing and making decisions in investment and

    portfolio management. It thereafter proceeds to discuss their

    applications covering areas. Secondly, it deals with the theory

    and practice of valuation of businesses and equities. It uses

    empirical findings on these topics as and when required.

    MBF 613 Risk Management

    Risk is considered as a consequence of uncertainty with a

    continuum of decision making roles. This course examines

    risk in general as applied to the whole range of risks to which

    a firm is exposed. In this context, this course focuses on

    the types and sources or risks faced by an organization and

    how these risks can be managed. Areas covered include

    quantitative risk analysis using risk measurement techniques

    and use of predictive analytics, modeling and simulation to

    improve risk management.

    MBF 614 Contemporary Issues in Management

    Accounting

    This course provides an extension of what has been covered

    previously in the area of Management Accounting. The

    focus is on an issues that have theoretical and practical

    underpinnings in the use of management accounting

    in organizations. It will examine the changing nature of

    management accounting and the role of the management

    accountant; the relationship with operations management and

    opportunities and challenges associated with implementing

    modern management accounting techniques (e.g. ABC, BSC

    and Target Costing).

    MBF 615 Principles of Islamic Finance

    This course deals with what a finance practitioner should know

    about Islamic Finance in the Sri Lankan context. It commences

    with the interpretation of Islamic Finance as part of a plural

    financial system where different varieties of economic justice

    can co-exist and influence each other. The course focuses

    on the different types of Islamic financial products available

    and their uses in different types of financing arrangements.

    The course also examines some of the real challenges for

    practitioners in practising Islamic Finance in Sri Lanka.

    MBF 616 Corporate Governance

    This course examines the principles, policies and practices

    pertaining to the subject area of corporate governance in

    the local and international context. Course contents include:

    examination of different models and theories of corporate

    governance; application of these models and theories in

    practice; the regulatory framework; impact of multidisciplinary

    insights from the fields of economics, law, sociology,

    and psychology; corporate governance mechanisms and

    their application; and contemporary issues in corporate

    governance.

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    Other Areas of Study

    MMK 620 - 629 Marketing

    MMK 620 Consumer Behaviour

    The term behaviour includes thinking, feeling and action

    patterns of consumers in response to value propositions

    made by organizations. The study of consumer behaviour will

    help organizations to get under the skin of the customer and

    develop strategies that work in the market place. This course

    will enable participants to recognize and understand the

    intra and interpersonal and environmental factors that shape

    consumer behaviour and apply the knowledge gathered in the

    development and adoption of marketing plans.

    MMK 621 Marketing Communication

    This course explores the role of communication in marketing

    management and the strategic integration of promotional

    tools, including public relations, advertising, sales promotion,

    personal selling, database and on-line marketing. It critically

    evaluates trends and the impacts of marketing communication

    on individuals and on society as a whole. The course will

    adopt largely a case study approach covering global and local

    scenarios and across divergent organizational categories.

    MMK 622 Market Analysis and Research

    This course aims to provide participants with knowledge and

    skills associated with market research. Topics covered include

    carrying out a needs analysis, designing a market survey,

    collection and analysis of data gathered and interpretation

    of findings. This largely practice-oriented course buttressed

    with statistical methods for analysis will enable participants

    to implement marketing strategies effectively in their

    organizations. The course builds on their knowledge acquired

    previously in the areas of basic Marketing.

    MMK 623 Services Marketing

    This course addresses the challenges of creating, marketing

    and delivering high-quality services. Participants will learn how

    key marketing concepts are applied within the service industry

    and come away with a better understanding of how to sell,

    promote and position services. Service management issues

    are also examined within the larger context of employee

    development and organizational culture. The course will be

    of immense benefit to those who practise or wish to practise

    professional services such as accounting, law, education,

    healthcare, etc.

    MMK 624 International Marketing

    The focus of this course is to examine marketing from a global

    perspective. It examines the effects of international trade

    and the political, legal, financial and cultural environment on

    making marketing decisions. Further, it studies the analysis

    and design of marketing strategies within the uncertain

    and dynamic international environment. The course will

    be enriched with case studies and will be of benefit to local

    managers who are required to perform in an intensely

    globalized environment.

    MEO 630 - 639 Entrepreneurship and

    Business Operations

    MEO 630 Small Business Management

    With the potent economy, numerous investment opportunities,

    and a strong sense of competitive nature in the corporate

    world, the day today running of a small business may seem

    daunting. In this course, topics which include market research

    techniques, feasibility studies, site analysis, financing

    alternatives which have already been dealt within the MBA

    curriculum are integrated into the practical task of facing

    challenges of small business management including start-up

    and operation of a growing enterprise.

    MEO 631 Techniques for Productivity and Quality

    In todays competitive and dynamic environment business

    leaders and managers are faced with the task of providing

    customers with a quality product at the least cost. Can it be

    achieved through the use of high technology, better systems,

    and application of tools and techniques or through employee

    involvement? The course is built around addressing the above

    issues and enables the participant to apply productivity and

    quality improvement techniques to the work environment.

    It also focuses on the concepts of productivity and quality

    management.

    MEO 632 Managing for Innovation and Technology

    Management

    This course addresses management and technological

    innovation with emphasis on the key role of organizations

    in creating, developing and transferring new knowledge,

    products and processes. It provides participants with an

    understanding of innovation dynamics both within and across

    organizational boundaries. By drawing from state of the art

    innovation literature as well as extensive use of case study

    material, the course analyses opportunities and challenges

    related to creating and sustaining innovation with a specific

    focus on technology-based organizations.

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    MEO 633 Logistics and Supply Chain Management

    Through this course participants are informed of current

    best practices in the theory and application of key processes

    and systems in logistics, operations, engineering and global

    supply chain management. It will increase the participants

    knowledge and experience in logistics and the global supply

    chain, technical and problem solving skills, supply chain

    management techniques, management skills and the ability to

    take on greater responsibility. The course will draw from the

    experiences of excellent companies both global and local.

    MEO 634 Operations Research in Business

    This course on operations research focuses on understanding

    and optimizing complex decision making in an organization.

    The course deals with decision making situations, including

    stipulation of problem definitions, objectives, constraints,

    model construction and verification, development of solutions,

    sensitivity analysis and interpretation. Techniques will include

    Decision Analysis, Linear Programming, Integer Programming,

    Transportation Problems, Goal Programming, Waiting Line

    Models and Computer Simulation.

    MEO 635 Business Analytics

    This course stresses on key tools in Business Analytics that

    can impact the performance of a business. An interactive

    learning approach is adopted to deliver the course. Topics

    are presented in a pragmatic manner, making it simple

    to understand and apply in a corporate environment.

    Lectures, presentations, case analysis, group presentations,

    discussions, and videos are used appropriately as methods of

    delivery. Assignments are given on issues related to local and

    global organizations. Hence participants get an opportunity to

    apply the knowledge gained into practical situations.

    MBX 640 - 649 General Management

    MBX 640 Business Negotiation Skills

    This course aims at making participants better negotiators.

    Firstly, it will increase the awareness of participants of

    the negotiation process in general and that of their own

    negotiating behaviour and the implicit working assumptions.

    Secondly, the course will provide an operational framework

    and analytical tools for preparing for and conducting

    negotiations. Finally, it will help them improve their skills in

    negotiation, joint decision-making, and joint problem solving,

    and help them to keep refining those skills.

    MBX 641 Management Consultancy Skills

    When firms do not have the internal capability to diagnose

    problems and develop alternative solutions it becomes

    necessary to seek the assistance of external specialists who

    perform the role of management. Hence, the knowledge and

    skills of consultants have a growing demand. The purpose

    of this course is to introduce the subject of management

    consultancy and build the relevant skills among the

    participants through a process of participatory learning.

    Diverse approaches with relevance and application in the Sri

    Lankan context are emphasized.

    MBX 642 Cross Cultural Management

    The course focuses on methods and practices of managing

    in different cultures. It examines sources of management

    conflicts due to cultural differences that emerge in the areas

    of attitudes, values and behaviour. Further, the course delves

    into intercultural awareness and effectiveness in the context of

    global businesses and successful implementation of strategy.

    It also examines corporate and personal ethical behaviour.

    The course will adopt a case study approach.

    MBX 643 Organizational Leadership and Culture

    Organizational culture and leadership are elements in a

    company that work in conjunction with one another towards

    organizational success. Both culture and leadership influence

    how the company will function and what will be achieved.

    Either culture will determine how leadership functions, or

    leadership will transform the organizational culture so that the

    culture supports the organization. This is the essence of this

    course which will be illustrated with a series of case studies

    both from the global and local context.

    MBX 644 Organization Change and Design

    In the competitive world of business understanding the nature

    and characteristics of organizations is key to the survival and

    success of the organization. Organization theory is intriguing,

    rich and helpful. Integrating new concepts and models based

    on research with a view to applying them where appropriate

    offer novel options for individuals and institutions, in gearing

    them for high performance. It is a way of searching for

    organizational realities where manifestations of the human

    condition and conflicts are common place. This course is

    woven around this core.

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    MBX 645 Topics in Business Law

    This builds on the basic Business Law course which has

    provided participants with a fair knowledge pertaining to the

    law relating to Business and Commercial Law in Sri Lanka.

    It is an advanced course in Business Law which focuses

    on selected current issues facing senior managers with

    emphasis on the corporate and financial services sector. The

    course subjects/topics have been specially selected to target

    these identified current issues and it will be blended with

    presentations by experts in the field of law.

    MBX 646 Advanced Course in Research

    The aim of this course is to provide advanced knowledge

    and skills in conducting academic research to those who

    wish to pursue research-based further studies. Its content

    will include comprehensive coverage of the research process

    including problem identification, review of literature, designing

    quantitative and qualitative research projects, and written and

    oral communication of research findings. The course will be

    delivered primarily through seminars and workshops.

    MBX 647 e-Business

    As e-Commerce increasingly creeps into all facets of everyday

    life it becomes necessary to understand how e-business

    evolved, the technologies and business models that drive it,

    the threat it poses to traditional business models and how it

    is likely to grow in the future. This course will provide insights

    into how e-business operates and attempts to answer the

    queries posed above.

    MIT 650 - 659 Information Technology

    MIT 650 Big Data Analytics

    Big data is the description used to encompass the huge

    amounts of data that is common to many businesses. It has

    been described as the next frontier for innovation, competition

    and productivity in business. It is essential for companies to

    embrace it so that they can understand their customers better,

    develop new products and cut operational costs. This course

    has been designed to develop professionals who can become

    data scientists capable of working with massive amounts of

    data now common to many businesses.

    MIT 651 Applications in Data Base Management

    Database management systems provide efficient mechanisms

    for storage and manipulation of vast amounts of data, and

    have now become an integral part of modern software

    systems. They are now moving from traditional applications

    to new areas including multimedia databases, geographic

    information systems and data warehouses. This course will

    help participants to contribute from the end users point of

    view to the technical specialists for the successful design

    and development of complex databases used in business

    solutions.

    MIT 652 Data Mining Applications for CRM

    At present, an unprecedented level of emphasis is given

    to CRM (Customer Relationship Marketing). Key to CRM

    is knowledge about customers with technical craftsman

    needed to perform creative data mining operations from a

    mass of data with a view to relationship building. This course

    will expose participants to essential features of CRM), the

    building blocks of a CRM programme, data mining skills

    to build, improve and maintain such a value generating

    programme and application of CRM skills in enhancing the

    firms profitability.

    MIT 653 Information Systems Security

    This course will focus on basic computing security concepts

    as the pertain to logical and physical security at corporate or

    remote arenas including mobile networks. It will expose the

    participants to various design principles of trusted computing

    bases, legal requirements, investigation and compliance

    requirements, numerous security protocols and principles,

    practical networking security methodology and an introduction

    to business continuity and disaster recovery concepts.

    MEC 660 - 669 Economic Theory and Policy

    MEC 660 Economic Policy for Business

    Economic policies are pursued by the authorities to achieve

    multiple objectives of development. They seek, fundamentally,

    to promote economic growth with equitable distribution of

    incomes. These objectives are achieved principally through

    the private sector using regulations, service delivery systems

    and, most importantly, through macroeconomic policies.

    Businessmen need to understand these policies both in

    their current setting as well as in anticipated future trends.

    This course will focus on how such policies affect business

    performance.

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    MEC 661 Economic and Social Infrastructure for

    Business Performance

    Economic infrastructure encompasses the energy sector,

    roads and highways, railways, telecommunication, water

    supply, drainage and irrigation systems, whereas social

    infrastructure refers to the countrys skills level, work ethic,

    legal framework and labour relations. While business

    decisions have to be based on a correct assessment of the

    availability of these facilities, not only currently but also in the

    future, there is also opportunity for private investment in these

    areas. This course examines these aspects in depth.

    MEC 662 International Agreements on Trade and Services

    International agreements on trade and services promote

    orderly trade relations and provide a mechanism for dispute

    settlement. Business performance in Sri Lanka is significantly

    influenced by the opportunities and challenges posed

    by the international community, including BRICS, which

    operates within a system of multilateral, regional and bilateral

    agreements on trade and services. This course exposes

    the participants to a wide range of international agreements

    with emphasis on implications that will accrue to them as

    businessmen from Sri Lanka.

    Special Topics

    Any other course of relevance may be introduced from time to

    time.

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    PIM Research Centre was set up in

    May 1998. In addition to administrating

    the Institutes doctoral programme,

    it organizes, directs and promotes

    interdisciplinary studies and research

    in the various issue areas of the

    discipline of management, with a focus

    on cross-cultural management and

    communication.

    The primary objective of the Centres

    work is to add significantly to the

    understanding of the best management

    practices in the country and the rest of

    Asia. The approach is interdisciplinary,

    and an attempt is made to integrate,

    or benefit from, the perspectives of

    culture, religion, language, history,

    sociology, political science, economics

    and philosophy for the purpose

    of understanding key issues in

    management in South and South-East

    Asia.

    International cooperation in these efforts

    is expected to result in a wide range

    of benefits in other areas of national

    importance such as international

    cooperation in education, international

    business and trade and intercultural

    cooperation. The current programme

    of research emphasizes the following

    areas of concern:

    a) General management: e.g., best

    management practices in Sri Lanka

    and the Asian region.

    b) Comparison of cultural value

    themes of the predominant Asian

    societies: e.g., contributions to

    cross-cultural studies such as

    Hofstedes framework of value

    dimensions.

    c) Examination of the cultural context

    of management practices in Sri

    Lanka with an emphasis on work

    values and human motivation,

    innovation, adaptation anddealing with risk and uncertainty,

    interpersonal behaviour such as

    coping, asserting and supporting,

    decision making and use of

    information, communication and

    business negotiation, productivity

    and quality issues.

    d) Industry-specific studies: e.g.,

    strategic directions of investments

    in a selected industry category.

    e) Policy-directed studies: e.g., studyof specific public policies in selected

    areas of national interest such as

    energy, transportation, fiscal policy

    and administration.

    Activities

    PIMs research studies fall into three

    categories:

    a) Faculty research,

    b) Research projects funded by the

    Institute, and

    c) Student research resulting from

    their theses, research papers, policy

    reports and field projects. They

    are published through Research

    Papers, Case Studies, Research

    Abstracts and the Institutes

    quarterly Sri Lankan Journal of

    Management, conferences and

    workshops, held periodically,

    provide an opportunity to discuss

    research findings. All students

    research reports are available for

    reference in the PIM Library. Lists of

    research titles are available on line.

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    PIM maintains formal links with industry,

    commerce and Government through

    representation in the Institutes Board

    of Management and Boards of Study,

    and the Directors and the core faculty

    members membership/participation

    in similar institutional arrangements

    elsewhere. A number of awards are

    available to students who perform

    well in course work and research.

    Some of them are from donations and

    endowments to the Institute.

    As a matter of policy, the Institute

    undertakes management consultancy

    assignments which are likely to

    contribute towards the improvement

    of the content and skills of faculty

    teaching through exposure to practical

    management problems. In the past,

    several management consultancies

    have been successfully completed

    in such areas as corporate planning,

    organizational restructuring, job

    analysis and remuneration policy,

    training & development and institutional

    development. The clients included both

    public and private sector institutions

    engaged in manufacturing, services

    such as banking, finance, insurance,

    urban development, and special

    services aimed at improving the quality

    of life of disadvantaged social groups.

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    Over a period of two decades, PIM has

    accumulated a wealth of experience

    in adult learning, research and

    consultancy. Most of the teachers of the

    Institute today have been at the task for

    many years, and hence they form a core

    team of academics who set standards,

    integrate locally-found knowledge into

    regular curricula, and coordinate among

    the many faculty members with speed

    and flexibility.

    Our faculty team comprises permanent

    teachers, teachers on contract and

    visiting academics/professionals.

    Dr. Arosha AdikaramBBA (Col.), MA (Labour Studies) (Col.), Ph.D.

    (Col.)

    Human Resource Management

    Prof. W M Abeyratne Bandara

    B.Sc. Bus. Adm. (Sri J.), MBA (Ottawa)Accounting and Finance

    Mr. Indrajit AponsoBSc. (Col.), MA in Economics (Col.), M.Phil.

    Financial Economics (Hong Kong)

    Economics

    Mr. Sisira AthuraliyageB.Sc. Phy. Sc. (Ruhuna), M.Sc. Comp. Sc. (Col.)

    Computing and IT, IT for CRM

    Dr. Traci CarteB.Sc. (Wright State), MBA, Ph.D. (Georgia)

    Management Information Systems

    Mr. Aruna DayanathaMBA (PIM-USJ), MBCS (UK), MACS (AUS),

    MCPM (SL), AMIPM (SL)Organizational Behaviour, Human Resource

    Development

    Ms. Gayani De AlwisM.Sc. (Reading), MBA (PIM-USJ), MCILT (UK)

    Managing Business Operations

    Dr. Ajantha DharmasiriB.Sc. Eng. (Moratuwa), MBA (PIM-USJ), Ph.D.

    (PIM-USJ), C.Eng., MIE (SL)

    Human Resource Management,

    Organizational Behaviour, Managing

    Organizations, Business Communication

    Ms. Sakunthala DurairatnamB.Sc. (Pera.), M.Sc. (USJ), MBA (PIM-USJ),

    M.I.Chem.C; C. Chem

    Quality and Productivity Management

    Mr. Ravi EdirisingheMBA (PIM-USJ), FCMA (UK), ACCA (UK),

    CMILT

    Strategic Financial Management, Corporate

    Business Finance

    Dr. Anura EkanayakeBA (Econ) (Hons), M.Sc. (Agri.) (Pera.), Ph.D.

    (Econ) (ANU)

    Economics

    Mr. Bradley EmersonFCIB (UK), MBA (PIM-USJ)

    Banking and Finance

    Prof. David Evans

    BA (Hons.), M.Sc., Dip.Ed.Organizational Behaviour, Leadership,

    Education Management

    Mr. Harsha FernandoLLM(Lond.), MBA(NTU-MIT), Attorney at Law

    Business Negotiations

    Dr. Lloyd FernandoM.Sc. (Moscow), Ph.D. (Sussex)

    Public Administration, Economics

    Prof. Mangala FonsekaB.Sc. (Col.), MBA (Col.), Ph.D. (PIM-USJ),

    FCMA, FCMA (UK), CGMA

    Management Accounting, Quantitative

    Analysis

    Mr. Mario FonsekaFCMA (UK), CGMA, Dip. M (UK), FCMA (SL),

    MBA (PIM-USJ)

    Managerial Finance and Cost Analysis &

    Management

    Prof. Tilak FonsekaBA (Cey.), LLB (Col.), MBA (PIM-USJ), MA

    (Col.), Ph.D. (PIM-USJ), Attorney-at-Law

    Economics, General Management,Strategic

    Management, Research Methods

    Dr. Nilakshi GalahitiyawaB.Sc. (USJ), M.Sc. (USJ), Ph.D. (Malaysia)

    Research Methods in Management

    Dr. T L GunaruwanB.Sc. (Col.), M.Sc. (AIT), Ph.D. (Paris), ACMA

    (UK)

    Industrial and Infrastructural Policy,

    Transport and Energy Economics, Foreign

    Investment, Environmental Economics

    Dr. Penelope HoodCert. Ed., D.M.S. (Ed.), M.Sc. (Ed. Man.), Ph.D.,

    Education Management, Organizational

    Behaviour, Quantitative Research

    Mr. Mafaz IshaqM.Sc. (Econ.), M.Sc. (Eng.), B.Sc. (Eng.), CISA

    Managing Information and IT Strategy

    Prof. J A S K JayakodyB.Sc. (USJ), MBA (PIM-USJ), Ph.D. (PIM-USJ)

    Research Methods

    Mr. Sanjeev JayaratnamC.Eng., MBCS, MCIM, B.Sc. (Manchester), MBA

    (PIM-USJ)

    Information Technology

    Dr. A K L JayawardanaB.Tech. (Madras), MBA (PIM-USJ), Ph.D.

    (Canberra)

    Productivity and Quality Management,

    General Management

    Mr. Ravi JayawardenaMCIM (UK), MBA (PIM-USJ)

    Marketing Management

    Dr. (Ms.) Pavithra Kailasapathy

    BBA (Col.), CTHE (Col.), AMIPM (Sri Lanka),MSBA (UMass, Amherst), MS in HRM (New

    School), Ph.D. (Melbourne)

    Human Resource Management

    Ms. Gamithri KarunasenaBBA (Col.), MBA (PIM-USJ)

    Business Communication

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    Mr. K A I KalyanaratneBA (Cey), MBA/HRM (PIM-USJ), ACIT (UK)

    Quality and Productivity Management

    Dr. Amal KarunaratnaB.Sc. (Flinders), MBA (Adelaide), M.Com.

    (Bond), Ph.D. (sydney)

    Associate Professor (Adj.), University of Adelaide

    International Business and Marketing

    Dr. (Mrs.) Shamala KumarBA (The South), MA (Illinois), Ph.D. (Purdue)

    Socio-Psychology, Gender Issues in HRM

    Prof. Uditha LiyanageDip.M, FCIM, MBA (PIM-USJ), Ph.D. (PIM-USJ)

    Marketing Management, Consumer

    Behaviour, Strategic Marketing, Marketing

    Communication, Business Strategy

    Dr. Jacob MankidyMHR (Michigan State), Ph.D. (Mumbai), Ph.D.

    (Bombay)

    Human Resources Management

    Dr. D Udaya MohanB.B.Mgt. HRM (Kelaniya), MBA(PIM-USJ), PhD

    in HRD (UPM-Malaysia)Human Resource Management,

    Organizational Behaviour

    Prof. H H D N P OpathaB.Sc. Bus. Adm. (Sri J.), M.Sc. HRM (Sri J.),

    MBA (Birmingham), Ph.D. (UUM), Doc. HRM

    (IIU)

    Human Resources Management

    Dr. Travis PereraMIED (UK), MBA (PIM-USJ), Ph.D. (PIM-USJ)

    Operations Management, Human Resource

    Management, Entrepreneurship, Leadership

    and Bsuiness Development, Organizational

    Behaviour

    Prof. Carol ReadeBA (Wisconsin, USA), MA (Sophia U., Japan),

    Ph.D. (LSE, UK)

    Organization Theory and Behaviour,

    HRM in Multinational Corporations,

    Japanese Management and Corporate

    Culture

    Mr. Carlton Samarajiwa

    BA (Cey.), B.Ed. (Queensland), Dip. Ed.(London), Dip. TEFL (Sydney)

    Management Communication

    Dr. (Mrs) D N Samudrage,B.Com (Special) (USJ), M.Sc.(Bus. Admin.)

    (USJ), M.Sc. (Economics) (Japan), Ph.D.

    (Business) (Japan)

    Human Resource Management

    Prof. (Ms.) D S N P SenaratneB.Sc. Accounting (Special) (USJ), MBA (PIM-

    USJ); Ph.D. (Finance) (Colombo)

    Accounting and Finance

    Prof. Satish ShindeM.Sc., MBA, Ph.D. (Pune)

    Banking and Finance

    Dr. Arul SivagananathanB.Eng. (Hons) (London), AMIE (SL), FCMA (UK),

    MBA (Cranfield), Ph.D. (WIU)

    Project Management

    Mr. Leslie UduwavidaneBA (Kelaniya), MSsc (Kelaniya), MBA (PIM-USJ),

    Managing Organizations, Service Marketing

    Dr. Wickrema WeerasooriaLLB. (Pera.), Ph.D. (London), Attorney-at-Law

    Business, Banking and Insurance Law

    Mr. Senaka WeerasooriaB.Sc. (ANU), MIT (Canberra)

    Information Technology

    Mr. Lalith WeeratungaB.Sc. (Col.) Dip. RID (Neth.), MBA (Col.), SLAS

    Cl. I

    Public Administration, Policy, General

    Management

    Mr. Sunil WijesinhaFCMA (UK), C.Eng., MI Prod. Eng. (UK), MBA

    (PIM-USJ)

    Operations Management, Corporate

    Planning, Productivity and Quality

    Management

    Dr. Dinuka WijetungaB.Sc. (Mktg.) (USJ), MBA (PIM-USJ), Ph.D.

    (Melbourne)

    Consumer Behaviour

    Mr. W A WijewardenaBA (Hons), PGD in Applied Statistics (Sri J.),

    M.Sc. (Econ.) (York)

    Economics, Public Administration

    Prof. M J XavierB.Tech. (Chemical), M.Tech. (Chemical), Ph.D.

    (Culcutta)

    Marketing Management

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    University Administration

    Vice-ChancellorProf. Sampath Amaratunga

    Director, Postgraduate Institute of

    ManagementDr. Ajantha S Dharmasiri

    Dean, Faculty of Applied Sciences

    Prof. Sudantha Liyanage

    Dean, Faculty of ArtsProf. P. Athukorale

    Dean, Faculty of Graduate StudiesProf. (Ms.) Swarna Piyasiri

    Dean, Faculty of Management Studies

    and CommerceDr. U Anura Kumara

    Dean, Faculty of Medical ScienceProf. (Ms.) S Yasawardena

    RegistrarMr. K G Britto

    LibrarianDr. (Ms.) W A D N D Wijayasundara

    BursarMrs. A I N Pasqual

    Postgraduate Institute ofManagement

    DirectorDr. Ajantha S Dharmasiri

    Deputy BursarMr. P G Maithrieratne

    Senior Assistant RegistrarMr. Jayantha Ranapura

    Programme Director, Public PolicyDr. Lloyd Fernando

    Head, Research CentreProf. Sisira Jayakody

    Manager, Training & PublicationsMr. K A I Kalyanaratne

    Relationship ManagerMr. Leslie Uduwavidane

    Coordinator, Specialized ProgrammesMr. Jayantha Newunhelle

    Coordinator, MPA ProgrammesMr. Sohan Fernando

    Systems AnalystMr. Shantha Eliwalatenna

    Assistant LibrarianMs. Anusha Abeywardena

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    Board of Management

    Postgraduate Institute of

    Management

    DirectorPIM (Chairman)

    Dr. Ajantha S Dharmasiri

    SecretaryMinistry of Higher EducationMr. Piyasena Ranepura,

    SecretaryMinistry of Public Administration and HomeAffairsRep: Mr. B P P S Abeygunaratne,Addl. Secretary

    SecretaryMinistry of Finance and PlanningRep: Ms. N Godakanda, Director General

    Director GeneralNational Institute of Business ManagementDr. E A Weerasinghe

    PresidentInstitute of Chartered Accountants ofSri LankaMr. Arjuna Herath

    PresidentInstitution of Engineers, Sri LankaDr. S B Wijekoon

    Chairman

    Ceylon Chamber of CommerceMr. Suresh Shah

    DeanFaculty of Management Studies &CommerceUniversity of Sri JayewardenepuraDr. U Anura Kumara

    DirectorSri Lanka Institute of Development Administration

    Mr. Wasantha Deshapriya

    Mr. Ravi EdirisingheVice President, Freight-links International

    Mr. Harsha FernandoConsultant, Asian Development Bank

    Dr. Saman KelegamaExecutive Director, Institute of Policy Studies

    Dr. Travis PereraSenior Consultant, PIM

    Dr. Wickrema WeerasooriaAdvisor to H. E. President,

    Insurance Ombudsman of Sri Lanka

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    Board of Study

    Public Administration

    Dr. Ajantha S DharmasiriDirector, PIM (Chairman)

    Dr. Lloyd FernandoProgram Director, Public Policy

    Prof. A K W JayawardaneVice Chancellor, University of Moratuwa

    Dr. Indrajit CoomaraswamyFormer Director, Economic Affairs,

    Commonwealth Secretariat

    Dr. Wickrema WeerasooriaAdvisor to H. E. President,

    Insurance Ombudsman of Sri Lanka

    Dr. Jayampathy WickramaratnePresidents Counsel

    Mr. W A WijewardenaPresident, Business Management School

    Board of Study

    Business Administration

    Dr. Ajantha S DharmasiriDirector, PIM (Chairman)

    Prof. Sampath AmaratungeVice Chancellor,

    University of Sri Jayewardenepura

    Prof. Uditha LiyanageProfessor in Management, PIM

    Mr. Eardley PereraCompany Director/Consultant

    Dr. Travis PereraSenior Consultant, PIM

    Mr. Moksevi PrelisCompany Director and Chairman of Capital Trust

    Securities (Pvt.) Ltd.

    Dr. Arul SivagananathanManaging Director, Hayleys Business Solutions

    (Pvt.) Ltd. and Hayleys BPO

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    PIM Graduates are expected to join

    the PIM Alumni Association. This

    Association provides opportunities for all

    PIM graduates to meet, learn, socialize,

    and network. There is an admission fee

    and annual membership fee to be paid.

    PIMA is active in providing its members

    with opportunities for continuing

    education, and it is a forum for the PIM

    graduates to develop their professional

    careers. Some of the important activities

    that have been initiated to meet its

    objectives are,

    Continuous Professional

    Development (CPD)programs for

    its members.

    A Series of Public Interest

    Programs (PIP)to address issues

    of interest that are topical and

    significant to Management.

    A series of programmes titled

    Developing Managers for the

    Future.

    Presentation of Achievers

    Awardin order to recognize the

    outstanding achievers among the

    members of PIMA.

    The Intent of the PIMA is as fo