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Page 1: We at the Postgraduate Institute of Management (PIM), is ... · We at the Postgraduate Institute of Management (PIM), is proud to present its freshly designed premier product, ...
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We at the Postgraduate Institute of Management (PIM), is proud to present its freshly designed premier product, the Executive MBA. It will offer a novel approach in enhancing cutting-edged competencies in a comprehensive and committed manner with high currency. Executive MBA became a reality with the consistent effort from a dedicated PIM team. Let me remember the late Prof. Uditha Liyanage with heart-felt gratitude for his initiation of the concept several years ago.

PIM has been in the forefront in breeding thought leaders with character and competence. In producing them with clarity and commitment, the 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. That’s what the PIM is proud of being a self-financed, semi-autonomous public entity.

We believe in facilitating holistic learning with quality and relevance. In doing so, we transform mere practitioners into mega professionals who will have global presence with local pulse. That’s why we offer an enriching learning experience in igniting human imagination.

Excellence as Essence

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As the pioneer of advanced management education and training in Sri Lanka, the Postgraduate Institute of Management (PIM) has continued to serve the business community and the state for over 25 years. As a semi-autonomous body affiliated to the University of Sri Jayewardenepura, it is governed by a Board of Management consisting of representatives from business, professions and the government. The PIM is the only university institution in the country which is self-financed. The PIM’s core degree programme, the Master of Business Administration (MBA) attracts, hundreds of young managers annually, and provides the most challenging learning opportunity in management in Sri Lanka.

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The 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 the 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 of Sri 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.

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The Postgraduate Institute of Management (PIM) is pleased to announce the newly designed Executive Master of Business Administration (Executive MBA) programme, a significant and unique addition to its range of signature programmes.

This programme is for the next tier of corporate leaders (Senior Managers and above) to better prepare them to become successful CEOs, CFOs and AGMs. The programme will make the managers competitive, competent, and strategic to respond to the evolving challenges of the corporate world.

The Executive MBA is designed to:

1. Transform you as a corporate leader2. Catalyze your career trajectory to the

Board Room3. Prepare you to thrive in complexity4. Improve your skills in people mastery

EMBA is unique as:

1. It is for carefully selected exceptional and mature senior managers, professionals and entrepreneurs.

2. It encourages cross-learning through unique interactive approaches

3. It is meant to align with demanding careers and time commitments of senior managers

4. Its contents are current and dynamic.

Executive MBA Programme Objectives:On completion of the programme, the participants will have the knowledge, skills and attitude to be able to:

1. Recognize the key knowledge, skills, and attitudes at local and global level.

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2. Reflect with critical thinking and analysis in solving related problems at apex level in the corporate sector.

3 Reach relevant private and public organizations through networking and team participation.

4. Realize the importance of economic, societal and ecological concerns and the aspects in the corporate world.

5. Reinforce integrity and ethics in being conscious about values when decisions are made across the organization.

Who should apply:CEOs, CFOs, Directors, GMs, DGMs, AGMs of companies/institutions in the corporate and public sectors as well as entrepreneurs.

The Programme Structure:The Executive MBA is a 30 credit-based 12 month programme conducted in four terms. The programme comprises 11 core courses, 3 electives and the Guided Independent Study as the Final Project consisting 05 credits. The Executive MBA qualification complies with the Sri Lanka Qualification Framework (SLQF)

- Exit level 9. Credits are earned through a variety of study methods including theoretical engagements, workshops and Guided Independent Study report.

Basic Programme Entry Criteria:To be eligible for admission to the Executive MBA, an applicant shall possess one of the following qualifications.

i). A Bachelor’s Degree from a recognized university, and at least 10 years’ experience in a managerial capacity.

ii). A professional qualification recognized by the Institute (PIM) as being equivalent to a Bachelor’s Degree of a university with 10 years’ experience.

iii). CEOs/CFOs/Directors, GMs, DGMs, AGMs and entrepreneurs who have an exceptional and outstanding track record. (In this category, the Institute will adopt special procedures for the determination of eligibility where the number of places allocated in the programme is limited).

and

A good knowledge of the English Language.

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Mode of Delivery:The programme will be delivered both on and off site, and will have interactive seminars, academic presentations, video and case study analyses, corporate field visits, workshops, and inputs of eminent local/foreign speakers.

The programme will be delivered in a different atmosphere with unique different styles sometimes with “working lunch”. Tea and snacks will be served in the class. Lunch, tea, snacks, water will be provided by the PIM.

Other Benefits:The programme will select a limited number of exceptional individuals who will network through a journey of learning and reflection both in Sri Lanka and overseas. The overseas programme for successful candidates will

consist of learning experience, few excursions to a service centre or a manufacturing plant as a value addition, and to further enhance their knowledge. This is considered as a part of the programme.

The Curriculum:TERM 1:

EMBA 500: Innovative Entrepreneurship (2 Credits)

This course addresses innovative management techniques emphasizing the key roles of organizations in creating, developing and transferring new knowledge, products and processes, and eEntrepreneurial skills and

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techniques. It provides participants with an understanding of innovation dynamics both within and across organizational boundaries at apex level. By drawing from innovation literature as well as extensive use of case study material, the course analyses opportunities and challenges relating to creating and sustaining enterprises in the evolving world.

Learning highlights

• Innovativedynamicsbothwithinandacross the organization

• Entrepreneurialskillsandtraits

• Developingandtransformingnewknowledge

EMBA 501: Managing Modern Organizations (2 Credits)

This course covers contemporary issues of leading and managing in modern organizations. It pays attention to building a leadership pipeline for succession, emergent leadership in crisis and turbulent times, business planning, building a high performance culture of commitment and competence. This course will pave the way for the participants to plan, organize, lead and control in achieving desired results in their respective organizations.

Learning highlights

• 21stcenturyissuesinorganizations

• Businessplanninginturbulenttimes

• Highperformancecultureforcommitment and competences

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EMBA 502: Organizational Behaviour (2 credits)

This course entails historical and contemporary development of the study of human behaviour in organizations. The participants will have an in-depth exposure in intelligence, personality, motivation, power, influence and other related aspects. It covers individual, interactional and institutional elements in the context of challenges faced by organizations in the competitive business world.

Learning highlights• In-depthexposuretowardspersonality

traits, emotional and multiple intelligence

• Impactofpowerpocketsandpowerinfluence in organizations

• Groupandteamdynamicsinorganizations

EMBA 503: Trends in Macroeconomics (2 Credits)

The essentials of macroeconomics required by business decision makers are covered in this module. Indicators such as Gross Domestic Product (GDP) growth, balance of payments, budgetary out-turn, inflationary trends, as well as exchange rate and interest rate changes reflect public policy and management. Hence, a vital coverage of the current trends in macroeconomics will be dealt with.

Learning highlights• Economicanalysisforbusiness

decisions• GPD,Interestratesandinflationand

business• Publicpolicy,fiscalconsolidationand

business

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TERM 2:

EMBA 504: Re-engineering of Operations (2 Credits)

This module provides the cutting-edge fundamentals required by senior managers in the areas of production systems and processes. It will cover the ways of meeting customer needs and wants, through design and implementation of efficient and effective processes with required quality and quantity. Measurement of performance and productivity, total quality management, certification of quality systems, and work processes will also be covered in this course. A substantial component of logistics and supply chain management will also be addressed appropriately.

Learning highlights

• Cuttingedgefundamentalsinproduction and processes

• MeasurementofTQMandproductivity

• Logisticsandsupplychainmanagement

EMBA 505: Strategic Marketing (2 Credits)

Essentials of strategic marketing with strategic profiling the Sri Lankan consumer will be covered in this course. Strategic aspects of market segmentation, targeting and positioning, application of marketing mix, product innovations, value additions augmentation, big data management and disruptive marketing will also be covered. Senior managers will be equipped with the key strategic marketing management fundamentals in order to achieve desired results.

Learning highlights

• Segmentation,targetingandpositioning

• Innovations,valueadditionsandaugmentations

• Strategicmarketinganddisruptive/digital marketing

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EMBA 506: Strategic Human Resource Management (2 Credits)

In the competitive world of business, Strategic Human Resource Management (SHRM) has a strong bearing upon an organization’s corporate strategy formulation and implementation. This course highlights the essentials leading to how SHRM contributes to profitability and sustainability. It also covers the ways of ensuring coordination and congruence among the various HR practices required for overall performance.

Learning highlights

• HowSHRMalignwiththeCorporate/Business strategy

• SHRMwithprofitabilityandsustainability

• Howcompaniesgaincompetitiveadvantage through SHRM

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EMBA 507: Legal Aspects of Management Decisions (2 Credits)

The objective of this course is to provide an overarching knowledge of key legal principles and processes for conducting business and taking managerial decisions in local and international business transactions in order to improve efficiency, reduce conflicts, manage risks and resolve disputes. The Course will discuss legal challenges in dealing with different legal systems in a global business environment. The Course will also elaborate the legal aspects of decision making in today’s complex context and strategic management of legal resources.

Learning Highlights• Legalprinciplesandprocessfor

business• Reduceconflicts,managerisksand

resolve disputes• Legalaspectsfromastrategic

perspective

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TERM 3:

EMBA 508: Crafting & Executing Strategy (2 Credits)

This course focuses on the key area of strategy highlighting how strategies are formulated and implemented to achieve set objectives. It highlights the key issues faced by contemporary organizations in developing strategies to deliver results. The course will also cover business paradigms, industry analysis, corporate planning, analytical tools for strategy making and appropriate organizational structures.

Learning Highlights

• Importanceofstrategyformulation

• Industryanalysisandotheranalyticaltools

• Strategyexecutiontodeliverresults

EMBA 509: Strategic Financial Management (2 Credits)

This module encompasses understanding the impact of Financial Management on the organization in multiple aspects. Areas such as globalization of finance, sources of long-term funding, capital structures, arguments on risk vs. return, maximizing shareholder wealth, analysis of finance strategy in the context of product life cycle will also be covered. Further, the module will include advanced aspects of capital budgeting, evaluating and forecasting long-term cash flow patterns, working capital management, dividend-policy etc.

Learning Highlights

• ImportanceofFinancialManagementonthe organization in multiple dimensions

• Long-termfundingandimpact

• Shareholderwealthandfinancestrategy

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EMBA 510: International Business & Trade (2 Credits)

This course will cover the current issues, trends and challenges in the areas of international business and trade. The impact of globalization in multiple aspects will be discussed referring to real global cases. Attention will also be paid to discuss and elaborate the impact of culture, protectionism policies, national politics and international business, regional economic integration strategy formulation for multinationals, and foreign exchange management.

Learning Highlights

• Impactsofglobalizationoverbusinessand national politics

• RegionaleconomicintegrationandTrade policies

• InternationalStrategyformulation

EMBA 511: Guided Independent Study (will continue till end of 4th Term)

Options:

i) Develop a “Case Study” on a selected organization highlighting a success story of transformation or accomplishment.

ii) Develop a case study of a selected organization as to how the “Transformational Leadership” contributed to take the organization to greater heights.

iii) Develop a “Case Study” highlighting the “Resilience” of an organization due to formulation and execution of effective turn around strategies.

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More specific details with regard to the expectations will be provided in specific lecture sessions. Students should face a viva-voce examination to a Panel of Assessors / Academics at the end of the programme.

Learning Highlights

• Conductingamanagementcasestudy

• Literaturereviewanddevelopingaframework

• Analysis,reflectionsandreportwritingskills

TERM 4:Three electives out of the five courses that are mentioned below should be selected by the participants while attending to the Guided Independent Study.

EMBA 600: International Human Resource Management (01 Credit)

This course deals with aspects of managing people in the global workplace. It will help participants enhance their competencies in becoming better global managers. Global HR patterns, practices and prospects will be extensively dealt with.

Learning Highlights

• Howtomanagepeopleintheglobalworkplace.

• Internationalrecruitmentmethods

• AlignmentwithGlobalHRtrends,HRpatters and Labour Regulations

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EMBA 601: Risk Management & Mitigation (01 Credit)

Risk implies future uncertainty about deviation from expected results or expected outcomes. This course examines risks in all dimensions in detail as applied to the whole range of risks to which a firm is exposed. Areas covered include quantitative risk analysis using risk measurement techniques, and use of predictive analytics, modelling and simulation to improve risk management, decision making in recession and turbulent times.

Learning Highlights

• Vulnerability,Uncertainty,ChaosandAmbiguity (VUCA)

• Foreigncurrencymanagement

• Riskmeasurementtechniquesandpredictive analytics

EMBA 602: Corporate Governance (01 Credit)

Corporate Governance has emerged as a critical area in the contemporary world. The course offers a comprehensive understanding of corporate governance with the aid of global, regional and local cases. Importance of ethics, duties and responsibilities of Directors, Corporate Management and Shareholders will also be discussed. In addition, discussions will be held from legal and regulatory perspectives. Multidisciplinary insights from several disciplines such as economics and finance will be drawn.

Learning Highlights

• CorporateGovernanceinthecontemporary world

• RegulatoryandLegalperspectives

• DutiesandtheRoleoftheBoard

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EMBA 603: Global Marketing (01 credit)

The focus of this course is to examine marketing from a global perspective in understanding current trends. It examines the effects of international trade and the political, legal, financial and cultural environment on making global marketing decisions. Further, it studies the design of international marketing audit within the uncertain and dynamic international environment.

Learning Highlights

• Globalmarketingdecisions

• Internationalmarketingaudit

• Integratedmarketingcommunicationinthe global market

EMBA 604: Strategic Negotiations (01 credit)

This course is designed on the premise that in a global market place the manager competes nationally and internationally, and needs to be strategic in influencing stakeholders with a value creating approach. This course will introduce a strategic approach to influence by increasing awareness of the negotiation process, negotiating behaviour and the implicit working assumptions that underlie it. It will provide a strategic operational framework and analytical tools for preparing, conducting and continuous learning from negotiations.

Learning Highlights

• Strategicapproachtothenegotiationprocess

Course Type No.of Credits

11 core courses (30 hrs per course) 11 x 2 credits

22

03 electives (15 hrs per course) 3 x 1 credits

03

Guided independent study 05Total 30

(SLQF Exit Level 9)

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• Analyticaltoolsforpreparing,conducting and continuous learning from negotiations

• CommercialdiplomacyinInternationalnegotiations

Credit Requirements:

Faculty:This programme will be conducted by the PIM senior faculty, foreign visiting faculty and local/foreign industry experts.

Fee:The programme fee per participant: Rs. 750,000/-

The programme will span a period of 12 months.

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The PIM Research Centre was set up in May 1998. In addition to administering the Institute’s 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 Centre’s 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 Hofstede’s 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 and dealing 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., study of specific public policies in selected areas of national interest such as energy, transportation, fiscal policy and administration.

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ActivitiesActivities of the PIM Research Centre fall into six broad categories:

a) Faculty research,

b) Research projects funded by the Institute,

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 Institute’s quarterly the Sri Lankan Journal of Management. Conferences and workshops, held periodically, provide an opportunity to discuss research findings. The PIM research centre encourages students to publish in ranked journals, during and after the doctoral programme, based on the work carried out in the research project.

All students’ research reports are available for reference in the PIM Library. Lists of research titles are available on line.

d) Doctoral colloquium held every year in collaboration with academic experts, local and international, and

e) Regular research seminars with the UNSW faculty to enhance the research skills of doctoral students.

f) Monthly research seminar “In Dialogue” which is an initiative designed to create a forum for researches in business , management and aligned disciplines to discuss their ongoing research works.

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Collegiate Schools of Business (AACSB), the SBus is the only AACSB-accredited business school in the Australian Capital Territory Region. The SBus conducts active research programmes in Governance and Public Sector Accounting, Econometrics and Economic Analysis, Human Resource Management, Entrepreneurship and Innovation, Logistics and Big Data Analytics, Leadership and Change management, Public Sector Management and Marketing.

The UNSW is a founder member of the Group of Eight, and one of Australia’s leading research intensive universities. It was ranked 48th in the 2014 QS World University Rankings. The UNSW was recognized in the ‘2012 Excellence in Research for Australia Report’, which assessed the University’s performance in all broad fields of research as “at, above or well above” world standard. UNSW research strengths span a broad and diverse range of disciplines. The UNSW and the PIM undertake joint academic research projects in areas of mutual interests exchange of faculty and promotion of PhD Programme of the PIM, Master Graduates and PIM students, and Faculty Members to undertake the PhD Programme at the UNSW, Canberra. The UNSW awards scholarships to outstanding students.

Cooperation with foreign universities and foreign management institutes has been a principal means by which the groundwork for the PIM has been laid over the past three decades. The 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, the 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.

The Postgraduate Institute of Management has established research collaboration with the School of Business, University of New South Wales (UNSW), Canberra. The two institutions will collaborate in research activities in business, economics, management, and public policy. The School of Business (SBus) is one of the four Schools at the UNSW, Canberra. While only 5% of business programmes worldwide are accredited by the Associate to Advance

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The PIM maintains formal links with industry, commerce and Government through representation in the Institute’s Board of Management and Boards of Study, and the Director’s 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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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. The PIMA is active in providing its members with opportunities for continuing education, and it is a forum for 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) programmes for its members.

¡ A Series of Public Interest Programmes (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 ‘National Management Award’ in order to recognize the outstanding achievers among the members of the PIMA.

The Vision and Mission of the PIMA is as follows:

VisionTo transform PIM Alumni into a community of Thought Leaders that will shape the nation’s socio-economic fabric.

MissionTo bring together and develop PIM Alumni through unique continuous professional development programmes to forge links with the country’s business and public sector communities through unique public interest programmes.

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PIM Alumni Association

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