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2-Day Workshop on Competitive Advantage of SMEs in Turbulent Business Environment & Mathematical Models in Computational Finance. Conducted by: Professor Josu Takala & Professor Abdul Q. M. Khaliq

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Dr. Waqar Akram, Manager 4th ICoBM addressing to Opening Ceremony

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Dr. Hassan Shoib Murad, Patron ICoBM addressing to Opening Ceremony

Conference Chairperson - Mr. Nisar Ahmed Siddiqui

Mr. Nisar Ahmed Siddiqui, 4th ICoBM Chairperson addressing to Opening Ceremony

ICoBM 2013 Closing

Prince Nawab Hassan Ali Khan, Member Advisory Board addressing to openening ceremony

Indus Valley Civilization

Dr. Ishrat Hussain, Dean & Director IBA Karachi, Addressing to opening ceremony of 4th ICoBM


Professor Dr. Josu Takala, Keynote Speaker 4th ICoBM

Conference Brief

The world is currently facing extremely difficult challenges to development as a resulting consequence of food and energy crisis in 2008, followed by global financial and economic crisis in 2009. The economies are struggling hard to rescue themselves out of the falling growth rates, rising unemployment, and deepening poverty. The humanity is looking towards the global policy makers and intellectuals to come up with an integrated solution which can bring improvements at the grass root level.

Development is the bridge between economic, social, and environmental goals; between Governments, businesses, and civil societies; between science, policy, and action. Development expand the evidence base focused on persistent develop¬ment challenges and identify those solutions with the potential to go to scale and be sustainable in low resource settings. Therefore, the development requires the synergized interplay of the concepts from competitiveness to be sustainable. The development also raises a tough challenge before the philosophers, researchers, practitioners, and policy makers as it demands a tailored / holistic approach for each specific economic setup. The concepts of innovation can be effectively deployed to cope with the challenge of doing development differently as it supplements the required critical ingredients of development and competitiveness including generating new ideas, engaging new actors and bringing the fore solutions.

In the quest of playing its part of academia, School of Business and Economics at University of Management and Technology joins hands with Sukkur Institute of Business Administration to announce the 4th International Conference on Business Management (ICoBM) which offers an intellectual platform to academicians, scholars, researchers, practitioners, and policy makers to come up with their research findings and innovative ideas to address the gigantic challenges of “Development, Competitiveness, and Innovation”. The 4th ICoBM is planned to be held in Feb 2014 at Sukkur IBA and it aims to boost the synergy built by 1st, 2nd and 3rd ICoBM conferences which fostered the gatherings of renowned researchers, corporate leaders, and a versatile audience of knowledge workers and knowledge seekers.

The conference at large will be organized in two parallel tracks: academic and corporate. Academic track will cover a broad range of sub-disciplines. The corporate speakers Abdul Q. M. Khaliq, Ph.D Professor Department of Mathematical Sciences and Center for Computational Science Middle Tennessee State University Murfreesboro, TN 37132, USA, Hans H. Wahl, Director Social Entrepreneurship Programme (ISEP)INSEAD The Business School for the World Boulevard de Constance Euro-Asia Centre, 1,69b 77305 Fontainebleau, FRANCE, Dr. Tayyeb Shabbir Department of Finance, Wharton School University of Pennsylvania Philadelphia track will comprise of presentations by International and national business leaders on current topics within their sphere of expertise to share the tacit knowledge with the participants. The conference will ensure in providing rich opportunities to interact with a diverse array of leaders in the field of business management, connect with potential collaborators, and find out who is doing what in this diversified discipline.

Professor Tayyeb Shabbir
Editorial Board: Dr. Tayyeb Shabbir

Dr. Tayyeb Shabbir is currently a Professor of Finance and the Director of the Institute of Entrepreneurship at the College of Business and Public Policy at the California State University. He also has a concurrent faculty appointment at the Finance Department of the Wharton School. Dr. Shabbir has vast teaching, research and consulting experience that has been acquired internationally. In the past, Dr. Shabbir has served as a faculty member in the doctoral program at the Pennsylvania State University, University Park and the LeBow School of Business at Drexel University. His areas of expertise include prediction, management and prevention of financial crises, global financial flows, entrepreneurial finance, microfinance, and human capital investments. Dr. Shabbir has scores of publications and competitive research grants to his credit and has also served as a consultant to the World Bank, UNDP and the Asian Development Bank. Recently, acclaimed international academic publisher, Edward Elgar, published Dr. Shabbirs book about financial crises which was co-edited with Professor Lawrence Klein, Nobel Laureate in Economics and Benjamin Franklin Professor of Finance and Economics at the University of Pennsylvania. Dr. Shabbir is especially interested in policy relevant analyses of global economic issues with particular reference to their socio-cultural context.

Professor Josu Takala
Editorial Board: Professor Josu Takala

Professor Josu Takala is currently a Professor Production Economics at University of Vaasa. Professor Josu Takala has professional teaching experience at several universities of Finland including Helsinki, Jyvskyl, and Oulu in the area of Industrial Management. He has also experience of visiting faculty member at various overseas universities. Professor Takala defines the Industrial Management programme as practically-oriented, specifically concentrating on how technology is used in operations. Professor Takala is actively involved in research cases in Asia and Europe, obtaining practical ideas in his area of research from every country and contributing to the international essence of the Master's Programme in Industrial Management. His research interest areas include production management, strategy management, Quality and Technology Management, production management and technology and Decision Making for operation and technology. Professor Takala leads research groups at the University of Vaasa, in the fields of Manufacturing Strategies and Transformational Leadership.

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Professor Abdul Q. M. Khaliq
Editorial Board: Dr. Abdul Q. M. Khaliq

Abdul Q. M. Khaliq is Professor at Department of Mathematical Sciences and Center for Computational Science at Middle Tennessee State University, Murfreesboro, USA. He has twenty years of teaching and research experience. During twenty-nine years of teaching at institutions of higher education, Dr. Khaliq has compiled a record of internationally recognized scholarly activities and research. He has published research articles in highly ranked refereed journals and his research is frequently cited in books, journals, and Ph.D. theses. Dr. Khaliq has presented research papers at international conferences, organized national and international conferences, and currently serves on the editorial boards of six international journals.

Dr. Khaliq's area of expertise is Numerical Analysis and Scientific Computing, with specialization in the Development of Stable and Efficient Numerical Methods for Large Scale Systems of Partial Differential Equations (PDEs). His primary research interest lies at the interface of applied mathematics and computational science. His research includes the development of new and robust algorithms using partial differential equations with applications to complex financial and physical systems. In addition, Dr. Khaliq's current research interest lies in the Numerical solutions of Stochastic Partial Differential Equations( SPDEs), Scalable algorithms in the numerical solutions of stiff stochastic differential equations(SDEs), Computational modeling and simulation of complex stochastic systems, analyses of uncertainty and error that arise in the modeling and simulation of complex systems.

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Professor Shida Rastegari Henneberry
Editorial Board: Dr Latifa Debbi

Dr. Shida Rastegari Henneberry is currently serving as Regents Professor, Dept of Agricultural Economics and Director of the Masters of International Agriculture Program at Oklahoma State University, Division of Agricultural Sciences and Natural Resource. Dr. Henneberry academic areas are Global Agricultural Market Development and International Agricultural Trade & Policy, Her particular areas of specialty Demand Systems Analysis, Effective Teaching Methods and International Agricultural Marketing and Trade Policy. Dr. Shida research interest areas are International Food and Agricultural Marketing with more than 50 research publications. Dr. Shida has a professional profile of academic and research activities at various international organizations and universities rewarded with awards and honors on behalf of her services. Dr. Henneberry has written books, chapters and bulletins on topics related to Global Agricultural Market Development and International Agricultural Trade & Policy. Dr. Shida represented herself as keynote speaker and presenter at various international conferences and remains member of editorial boards. Dr. Shida Rastegari has conducted workshops on topics related to her areas of specialization at International level.

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Dr. Heman Das Lohano
Keynote Speark Dr. Heman Das Lohano

Dr. Heman Das Lohano has joined as Senior Economist with SANDEE-ICIMOD on August 1, 2013. Prior to joining SANDEE, Heman was an associate professor of economics and Program Coordinator of MS Economics program at the Institute of Business Administration, Karachi, Pakistan. He has MS and PhD in Agricultural and Applied Economics from the University of Minnesota - Twin Cities. His primary areas of professional expertise are environmental economics, dynamic programming, and applied econometrics. His publications include 14 peer-reviewed journal articles and four other papers. His recent research work has focused on climate change impacts analysis and non-market valuation.

Professor Javed Ashraf
Editorial Board: Dr. Javed Ahsraf
Professor Economics and Finance
University of St. Thomas USA View profile
Professor Zdzislaw Brzezniak
Editorial Board: Zdzislaw Brzezniak
Member Research Groups Pure Mathematics & Stochastic Analysis Department of Mathematics, University of York
United Kingdom
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Dr Latifa Debbi
Editorial Board: Dr Latifa Debbi
Research Associate, Department of Mathematics
University of York,
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Dr. Imran Siddiqui
Keynote Speaker: Dr. Imran Siddiqui
Mathematics Department Faculty of Science, Jazan University, Jazan
Kingdom of Saudi Arabia
Javed Hussain
Keynote Speark: Javed Hussain Brohi
Member of Stochastic Analysis Research Group Department of Mathematics University of York
United Kingdom View profile
Conference Themes

You may approach the conference theme or any idea relevant to it through any of (but not limited to) the following branches of Management Science:

Computational Mathematics

  • Computational Methods
  • Computational Solid and Fluid Mechanics
  • Mathematical Finance
  • Modelling & Simulation
  • Numerical Analysis
  • Operations Research & Industrial Applications
  • Optimization
  • Partial differential Equations
  • Stochastic differential equations
  • Stochastic Modelling and Simulation
  • Variational Models in Image Processing


  • Developing Countries and Global Economy
  • Development Economics
  • Econometrics: Theory and Practice
  • Environmental Economics
  • International Economics and Finance
  • Macro Economics
  • Micro Economics
  • Other Areas of Economics
  • Public Sector Economics


  • Alliance Entrepreneurship and Firm Market Performance
  • Cultural Entrepreneurship: Legitimacy and the Acquisition of Resources
  • Entrepreneurial Management
  • Entrepreneurial Resources and Organizational Choices
  • Family Business Management
  • Small & Medium Enterprises
  • Small Business Entrepreneurship
  • Women Entrepreneurship


  • Business Intelligence
  • Business Process Re-engineering
  • Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility
  • Corporate Finance and Governance
  • IPO Strategies
  • Risk Diversification in Emerging Economies
  • Stock Market Bubbles
  • Technological Alliances, Mergers and Acquisitions

General Management

  • Change Management
  • Crisis Management
  • Facilities Planning & Management
  • Behavior Change: Methodology, Concepts, and Practice
  • Cognitive modelling
  • Innovation and management issues within multinational corporations
  • Corporate Social Responsibility


  • Adaptability of SHRM in developing countries
  • HR System and Organizational Performance
  • Human Capital Diversity and Organizational Performance
  • Role of SHRM in Knowledge-based Competition
  • Role of SHRM in Strategy Formulation and Implementation
  • Transferability of HR Practices between Parents and Subsidiaries in MNCs

Knowledge Management

  • Intellectual property and knowledge management
  • Human Capital Management
  • Knowledge Management and Systems


  • E-leadership
  • Gender and Leadership
  • Leadership and Change
  • Leadership and Entrepreneurship
  • Leadership Assessment
  • Leadership Development
  • Leadership Simulations
  • `
  • Public Administration


  • Advertising
  • Brand Management
  • Consumer Behavior & Customer Satisfaction
  • E-Commerce
  • Market Structure and Pricing
  • Product Design and Management
  • Retail and Distribution Management
  • Technology Transfer, Marketing and Commercialization

Operation Management

  • Six Sigma and Quality Management
  • Productivity
  • Operations Planning & Control
  • Process Measurement & Improvement
  • Project Management
  • Scheduling
  • Human Factors in Operations Management
  • Inventory Management
  • Maintenance & Management

Operation Management

  • Six Sigma and Quality Management
  • Productivity
  • Operations Planning & Control
  • Process Measurement & Improvement
  • Project Management
  • Scheduling
  • Human Factors in Operations Management
  • Inventory Management
  • Maintenance & Management

Organization Behavior

Organization Development

  • Cultural Impacts of Internal & External Environment on Organization
  • Effective Communication between Departments in Organization
  • How Globalization / Internationalization Impacts Organizations in Pakistan
  • Impact of Diversity in Organization
  • Power and Politics in Organization
  • Power Distance and Gender Issues in an Organization
  • Technology Transfer, Marketing and Commercialization
  • The Impact of Strength of National Organization Culture

Supply Chain Management

  • Modeling Supply Chain Performance
  • Key Performance Indicators (KPIs) for Supply Chain Management
  • Sustainability and Supply Chain management
  • Logistics and Scheduling
  • Innovation in services, logistics and supply-chain management
  • Distributed Product Development in Supply Chains
  • Interdependencies between Innovation Management and Supply Chain Performance
  • Global Logistics Management


Total Quality Management

Guidelines for Authors

The authors are required to STRICTLY follow the instructions given on this page, for convenient processing.


Kindly use the paper submission system at the conference website to Submit your paper. Comments or questions should be sent to


The authors are required to strictly follow the APA Style Guide for formatting their papers, failing which the paper will not be accepted for presentation.

Paper Length

Abstract must begin with a new page. The abstract page should already include the page header (as given in APA Style Guide). Keywords (max. 4 words) from your paper must be listed in your abstract. The abstract should be a single paragraph between 150 and 250 words.

For formatting details, please download and follow the APA Style Guide Completed research papers are limited to maximum of 5000 words in length, excluding all figures, tables, references, and the title and abstract page. Final papers SHOULD NOT exceed the upper limit. In case the paper exceeds the limit the editors reserve the right to edit the paper to conform to the specified upper limit.

Paper Layout

The paper layout is as follows:
Page setup: A4, Portrait
Margins: Leave 1.5 inch margin on left side and one-inch margin on right side as well as top and bottom of each page
Paragraph Indention: Indent each paragraph 5-7 spaces and apply the indention consistently throughout the paper
Line Spacing: 1.5 throughout the entire paper
Page Numbering: Number page consecutively in the top corner, beginning with title page
Header: In the flush left, use a shortened form of the title as a header


Please follow the APA Style Guide of referencing and references

Paper Submission

For Paper Submission an online system is integrated , please follow the instructions step by step provided in Submission Guidelines.

Become Sponsor

Sukkur Institute of Business Administration, in collaboration with University of Management and Technology, Lahore has been organizing International Conferences on Business and Management since last three 3 years. This time, it is going to be organized on 26-27 February 2014 at Sukkur IBA with the same event pattern and organizers. Theme of the 4th International Conference on Business Management is "Development, Competitiveness, and Innovation". The purpose of 4th ICoBM is to provide platform to corporate leaders and executives, mature academic researchers and student researchers to share their knowledge and learning with the intellect loving audience.

In 3rd ICoBM which was held on 27-28 February, 2013 at University of Management and Technology, Lahore, 12 corporate sponsors and 3 academic partners joined the event. Sponsors were provided a decent mileage not only through printed and electronic media but also provided a special coverage to the Platinum and Gold sponsors through their displays at stalls mounted at conference venue. Therefore, we invite the corporate, social sector, autonomous, government, and non-government organizations of national and international esteem to join the organizing team of the event.

For sponsorship packages or any relevant enquiry, please contact:

Dr Waqar Akram
Manager (4th ICoBM)

Sukkur IBA Institute of Business Administration Airport Road, Sukkur - 65200, Sindh, Pakistan
Tel: +92-71-5630272-5806101-10; Ext: 225; Mob: +92-323-9643876
UAN: +92-71 (111-785-422); Fax: +92-71-5632465

For Details Download →

Call for Reviewers

4th International Conference on Business Management (ICoBM) invites you to join the organizers as member of the review team. All interested reviewers must have a significant research background, updated knowledge of their subject area, and access to the internet and printing resources (if required by themselves).

4th ICoBM, following the SOP, will evaluate all submissions through double blind peer review process. All papers sent for review will be anonymous and will not contain any information about authors. Each paper will be sent to two or more reviewers. Each reviewer may receive 3 to 5 research papers from their specified area of interest, for which s/he will be liable to submit the review comments within the given time frame. All reviewers comments will be considered by the Chairperson of Review Committee, and later the Editorial Board. The reviewers will not be offered any reward in cash or kind, however, they will be provided with the Certificate of Appreciation for their services.

All interested reviewers may contact the undersigned on or before Aug 15, 2013 through email specifying their area of interest, attached with their CVs.

Dr Waqar Akram
Manager (4th ICoBM)

Sukkur IBA Institute of Business Administration Airport Road, Sukkur - 65200, Sindh, Pakistan
Tel: +92-71-5630272-5806101-10; Ext: 225; Mob: +92-323-9643876
UAN: +92-71 (111-785-422); Fax: +92-71-5632465

For Details Read more →

Be a Guest

If you do not have a paper, and you want to attend all the activities of the conference as a guest, you are more than welcome to join professional event. Please do online registration with option guest. You will get conference kit, the meals, coffee breaks, tour, and certification of attendance. Once you do this, please send confirmation email to
The last date for registration is 20 days before the conference or Feb 06, 2014.

Registration fees for guest is Rs. 5,000/- PKR.


Two Day Workshop on Competitive Advantage of SMEs in Turbulent Business Environment & Mathematical Models in Computational Finance will be conducted by Professor Josu Takala and Professor Abdul Q. M. Khaliq respectively.

Competitive Advantage of SMEs in Turbulent Business Environment
Workshop Outline

The recent financial crisis has somehow altered the dynamics of business operations both in terms of competitive advantage and mode of financing. Therefore, to analyze this change on small and medium enterprises (SMEs), this workshop is being arranged which would bring forth new insights for researchers, analysts and businessmen. The topic and the speaker of the workshop has been chosen after keen consideration and the factors which were kept in view demonstrated current business issues and the availability of best experts of that area. The arrangement of such workshop is a one of the steps which Sukkur IBA is taking to bring best of the globe to remote area of Sukkur-Pakistan.

Mathematical Models in Computational Finance
Workshop Outline

Computational finance is a relatively new discipline of study. It is also sometimes referred to as "financial mathematics," "mathematical finance," or "quantitative finance." It uses the tools of mathematics, statistics, and computing to solve problems in finance. Computational methods and the mathematics behind them have become an indispensable part of the finance industry. This short course provides students with a rigorous mathematical and statistical foundation. Upon completion of the course students will know the fundamental mathematical models needed to effectively study quantitative finance

Important Dates
Workshop DatesFebruary 24-25, 2014
Last date for RegistrationFebruary 10, 2014
Workshop FeesRs. 20,000/- PKR. (per person)
Special Discount For StudentsRs. 10,000/- PKR.
NOTE: For a group of 3 or more persons from one institution or organization: Rs. 15,000/- PKR. (per person)
Call for Case Studies

4th International Conference on Business Management (ICoBM) welcomes students of Sukkur IBA to participate in Case Study Session that will be part of conference. Send your case studies for evaluation and presentation (subject to approval of the review committee). The case studies can be submitted in an approved format (limited to 5 pages excluding tables and bibliography; formatted as per APA 6.0 Style Guide; MS Word file only) along with teaching objectives and areas through online submission system at Easy Chair link to submission system is available at our website

The submission Deadline is November, 30 2013.

Four selected participants will be given chance to present their cases in Case Study Session, One best case study will be considered for the Best Case Study Award.

Registration Fees Details

Paper Presenters
Student:                     Rs. 1,000/- PKR
Professional:             Rs. 3,000/- PKR
Sukkur IBA Student: Rs. 5,00/- PKR


Guest:                        Rs. 5,000/- PKR