Workshop ICoBM 2014

4th International Conference on Business Management

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

Workshop Registration is open to participants all around the world, workshop will be conducted by keynote Speakers of 4th International Conference on Business Management on topics Competitive Advantage of SMEs in Turbulent Business Environment by Professor Josu Takala and Mathematical Models in Computational Finance by Professor Abdul Q.M Khaliq.


For any relevant enquiry, please contact:

Dr. Sher Muhammad Daudpota
Workshop Incharge 4th ICoBM
Sukkur IBA Institute of Business Administration
Airport Road, Sukkur - 65200, Sindh, Pakistan
Tel: +92-71-5630272-5806101-10; Ext: 156; Mob: +92 331 2791151
UAN: +92-71 (111-785-422); Fax: +92-71-5632465
Email: siba.icobm@iba-suk.edu.pk; Website: www.icobm.com.pk

Workshop Details

  • Registration guidelines
  • Register As;
    • - Individual Participants can register themselves by selecting option “Individual” from ‘Register As’ drop down list, details required on registration form is necessary to fill properly, registration fees for individual participants is listed below in fess section
    • - Special discounted offer for students is available; Students from any educational institute all around the world can register themselves on discounted fees mentioned in fees section, select “Student” option from drop down list and provide appropriate information required on registration form
    • - Group of 3 or more person from one institution or organization can also register themselves on discounted fees as per mentioned in the fees section by selecting Registration type as “Group” from drop down list, group members details should be provided as hint given below on registration form
  • Registration Fees
    Workshop Fees Rs. 20,000/- PKR. (per person)
    Special Discount for Students Rs. 10,000/- PKR. (per student)
    For a group of 3 or more persons from one institution or organization Rs. 15,000/- PKR. (per group member)
    • Payment Method
    • Participants are required to deposit stated registration fees in Sukkur IBA ICoBM Bank’s account, deposit details copy should be uploaded at registration form for the confirmation of registration
  • Account Details
    Account Title: SUKKUR IBA ICOBM
    Account Number: 0000478170
    *IBAN Number: PK80JSBL9563000000478170
    SWIFT Code: jsblpkka
    Branch Code: 9563
    Bank/Branch: JS Bank Sukkur IBA branch, Airport Road Sukkur Sindh Pakistan
    *International Bank Account Number (IBAN) is required for international participants to deposit amount in SUKKUR IBA ICOBM account.
If you feel any difficulty by filling this form, please do not hesitate to contact;
Mr. Irfan Ali Memon
Web Developer 4th ICoBM
Sukkur IBA Institute of Business Administration
Airport Road, Sukkur - 65200, Sindh, Pakistan
Tel: +92-71-5630272-5806101-10; Ext: 134; Mob: +92 300 3192544
UAN: +92-71 (111-785-422); Fax: +92-71-5632465
Email: irfan.memon@iba-suk.edu.pk; Website: www.icobm.com.pk

SMEs in Turbulent Business Environment
Workshop Outline SMEs
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.
Topic’s Outline
The consecutive unexpected events in a business world (Recent Financial Crisis) and natural calamities, (nuclear power plant disaster in Japan due to Tsunami) has brought drastic change to operate and finance the businesses. Moreover, the huge technological developments and the other crisis in world economy have also caused a very uncertain and challenging business environment to all the managers running businesses all over the world.
What could or should the risk level of loosing sustainable operative competitive advantage be in a turbulent business environment?
What kind of the sustainable competitive operations and technology/knowledge strategies we should have when the world economy is in a dynamic change for different reasons?
Evidently, the sustainable operations and technology strategies need to be more and more situational and require therefore dynamic capabilities within all the resources the businesses utilize. How we can indicate the dynamic capabilities the businesses require, and how we will be able to react to them in a flexible and agile manner by practical actions? We could wonder if we should even speak more and more about a new strategic intent - how to indicate and benefit from dynamic capabilities - in the new strategic architectures.

Mathematical Models in Computational Finance
Workshop Outlines MMCF
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.
The course will focus on:
  • • Introduction to modeling and Simulation in Mathematical Finance
  • • Geometric Brownian motion: stochastic Calculus in Finance
  • • Black-Scholes PDE model for Exotic Options
  • • Stochastic Volatility Models
  • • Stochastic Interest rate models
  • • Regime switching models
  • • Jump diffusion models for Exotic options

Editorial Board: Professor Josu Takala

Professor Josu Takala
Speaker's Profile
Professor Josu Takala, working with University of Vassa Finland as Professor in Faculty of Technology, Production. His research interest areas includes production management, strategy management, Quality and Technology Management, production management and technology and Decision Making for operation and technology.
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, Jyväskylä, 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.

Editorial Board: Dr. Abdul Q. M. Khaliq

Abdul Q. M. Khaliq
Speaker's Profile
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.