Bm Case Study

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BM PaperBM Paper

May 21st 2010At ICAP


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Students perspective

A little test ICAP Vision and Mission Statements

e ns u es comm men

Examinations

What about others?

Pass rates

The syllabus

Indicative grid


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..

Study material

BM topics my classification Last four attempts paper analysis

s or

Some common mistakes

Handling a scenario

Pa er solution

Contact information

Questions


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Students ers ectiveStudents ers ective We dont need it

We know it

Its boring BM is overemphasized

Book is vague / thick / boring / illogical /

disorganized / not understandable / full of repetition Weightages not followed

Weird questions

We get no ideas during paper

Expression problems

One more hurdle in qualification


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Perestroika

Glasnost


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'The profession of Chartered Accountants in

Pakistan should be the benchmark ofprofessional excellence upholding the

, ,accountability'.

'Our mission is to achieve excellence inprofessional competence, add value to

businesses and economy, safeguard publicinterest; ensure ethical practices and good

needs of globalization.'


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The Institutes commitmentThe Institutes commitmentThe Institute is committed to regulate the education,training, and examination of its students in order to

continue to be confidently regarded as: Having a sound grounding in the major subject of

accountancy, business, finance and managementwhich can be further developed by continuingeducation and which can be drawn on for aprofessional lifetime

Being fully equipped with the professional

a u es expec e o a mem er o e ns u e Being ready to undertake work, demanding

ualities and skills ex ected of a charteredaccountant and being able, with suitable

induction, speedily to acquire any additional


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Examination is conducted in a

transparent manner whereby allcandidates are treated fairly andobjectively

The sco e of examination includes thetechnical knowledge and skills, whichthe candidates should have


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Brin in the members at the front from

the back office R lizin th r l f th h rt r

Accountants in Management

-the management needs


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,

ACCA, ICAEW, ICMAP have BM


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CIMA: Business Strate 50%

ACCA: Strategic Business Planning andD v l m nt

ICAEW: Business Management 80%

-20%


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This syllabus aims to:

Identify the principles and concepts in thetheories and practices ofstrategic businessmana ement;

Asses the impact of environmental forces such as

global microeconomic forces, international

strategies and plans;

Understand the importance of linking information

goals and needs;

Understand the interplay ofmarketing with othervta unctona areas n us ness management an

to understand the accountants role in servicingthe needs of marketing and other functions of


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..

Recognize the role ofglobal marketing andn erna ona us ness;

Assess the importance ofhuman resourcesdevelo ment to or anizations and identif methodsof managing people effectively;

Evaluate ways in which change can be managed

Appreciation ofsocial and ethical implication ofstrategic policies in business;

n ers an e a ms o corpora e co es oconduct and their role in improved corporategovernance; and

Understand the managers role and

responsibilities in relation to the workingenvironment.


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S llabus Content Area ei hta e

1. Strategic management and planning2. Corporate social responsibility and business 30

e cs

3. Human resource management

4. Management of the working environment 30

5. Marketing Management

6. International Business

20

20

Note: The weightings given above are for guidance purposes

Total 100


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Strategic Management Concepts and Cases by Fred R.

av

Principles of Marketing by Kotler Armstrong

.

Management and Organizational Behaviour by Laurie J .

Mullins Business Management Study Text and Revision Series

by AT Foulks Lynch Pakistan

by Professional Business Publications (PBP)

My Notes

Business magazines and business pages of

newspapers


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Strategic Management

Mission, Goals, and Objectives

SWOT and Gap Analysis

r ca ero s an ange anagemen

The Evolution of Marketing Concept

,

4Ps

CSR And Business Ethics

Human Resources Management

International Business


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Pa er Anal sis u to Dec09.doc


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Reading is a critical strategic skill

Exercising judgment and technique in strategicbusiness management

,products/services, and the maintenance of quality

Integrate knowledge effectively and use it creatively inapplying concepts and techniques

Use appropriate models and techniques of analysis

e a e nowe ge an s s e ec ve y o e gvenscenarios


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Misunderstanding the question or answering the

wrong ques on

Proceeding in a haphazard fashion not identifying

Force-fitting familiar business frameworks

Failure to identify alternative approaches Overemphasis on model without reference to the

scenario

a ure o re a e n ng o e scenaro Performing an analysis at the expense of other

Failure to distinguish the requirements of thequestions


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.. Temptation to list/discuss a number of techniques

w ou rea ng em o e case

Weak relationship between the technique and its

Lack of time taken

Repetition of points made earlier Failing to synthesize a point of view


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Simulation

Last day revision

Proper sleep rest is the best before a test

eac on me

Avoid parking problem

Complete kit

Do not look at others

Time allocation

Filling up data accurately


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..

Do not anic

Correct question and part number Every question from a new page

Legible writing

Proper grammar Only black and blue pens

Breakdown questions

One mark, one paragraph, one minute

Reward yourself


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Feel aid to resolve the issue s rom tl

Examine closely the issues with which the companyis confronted

Read it at least twice: once to grasp the overallpicture, second to discover more and grasp the

s ecific roblems

Understand the underlying problem and the question

Try to isolate on the actual problem(s), not the most

visible/obvious symptomsThink resolution/retention vs. dismissal

rea e pro em own n o a ogca s ruc ure

Address the issues one at a time


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.. Address important issues, not just ones you feel

comfortable with

Keep coming back to check that you are addressing thequestion you were asked

Read a ain understand roblem com letel

Reach a conclusion develop a recommendation

Use complete sentences and paragraphs

point of view before you go on to the next

Communicate your train of thought clearly if you haveconsidered some alternatives and rejected them, tell what

and why Use business judgment and common sense

Relax and enjoy the process, you are not alone


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Apply what we have learnt


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Email [email protected]

Cell 0300 927 1497


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Thanks & Wish you all theThanks & Wish you all theLuckLuck

Questions or Comments!Questions or Comments!

Bm Case Study

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