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An Internship Report On

NAME OF ORGANIZATION

by

Mudassir Salal

An Internship Report On NAME OF ORGANIZATION by Mudassir Salal Institute of Management Sciences Kohat University

Institute of Management Sciences Kohat University of Science and Technology Kohat Khyber Pakhtunkhwa Pakistan August 2018

An Internship Report On

KOHAT UNIVERSITY OF SCIENCE AND TECHNOLOGY

Submitted to the University in partial fulfillment of the requirements for the degree of BBA (Finance)

Mudassir Salal

(MS120142017)

An Internship Report On KOHAT UNIVERSITY OF SCIENCE AND TECHNOLOGY Submitted to the University in partial

Institute of Management Sciences Kohat University of Science and Technology Kohat Khyber Pakhtunkhwa Pakistan August 2018

Approval Sheet

The Internship Report On Admission Section KUST

by Mudassir Salal BBA 8 th (Finance)

of

Kohat University of Science &Technology, Kohat

has been approved for submission to the Controller of Examinations, KUST in partial fulfillment of the requirements for the Degree of

Bachelor of Business Studies (Finance)

-------------------------------- Dr.Muhammad Khushnood

Assistant Professor

--------------------------------- Dr. Zeeshan Zaib Khattak

Director

Institute of Management Sciences Kohat University of Science and Technology

Date of Oral Examination

08/10/2018

Internship Certificate

Internship Certificate II

Dedication

I humbly dedicate this report and the efforts, time and hard work put in it to my parents as without their moral support and prayers, it would have been quite a difficult task for me to undergo internship and to frame its report.

Acknowledgements

I am thankful to my internship report supervisor Dr. Muhammad Khushnood, whose useful support, better suggestions and good supervision lead me towards the successful completion of this report. I am also thankful to my teachers who taught me well throughout my BBA (Hons) program. I am also thankful to my friends and especially our seniors for providing me support and courage in order to complete my task.

In last I am thankful to my family members and especially to my father who encouraged me and made me hopeful and energetic in the completion of my report.

Kohat, 2018

Mudassir Salal

Executive Summary

Start with the name of ALLAH; I am going to write the internship report after performing two months internship at Kohat University of science and technolo- gy which is the part of the academic requirement for the completion of 4 year education in the bachelor of business administration (BBA). Therefore each and every student is required to prepare the report on a recognized organization, and work in their specialized field

The University achieve its academic betterment through continuous improve- ment in the research and through the development of faculty and students by providing them conducive environment of innovation and creation.

Kohat University of science and technology is a public sector university which is established back in December, 2001 for the purpose of providing quality edu- cation in this area, related to biological, management, and social sciences. The primary objective of the university is to provide quality education with all avail- able resources and research, with innovative ideas through highly motivated person-nel which are very hardworking and focused on their career to pursue.

Table of Contents

 

Executive Summary

V

Table

of

Contents .....................................................................................................................

VI

Table of Figures

IX

Table

of

Tables

X

 

List of Abbreviations

XI

  • 1 Introduction to the Report

1

  • 1.1 Purpose of Study

1

  • 1.2 Methodology of Report

1

  • 1.3 Outline of Report

2

 
  • 2 Industry Analysis

3

  • 2.1 Organizational Hierarchy:

3

 

Administration:

  • 2.1.1 ...............................................................................................

4

Registrar:

  • 2.1.2 ........................................................................................................

4

Academic:

  • 2.1.3 .......................................................................................................

4

Finance:

  • 2.1.4 ..........................................................................................................

4

Planning:

  • 2.1.5 .........................................................................................................

5

  • 2.1.6 Controller of Exam:

5

  • 2.1.7 ...............................................................................................................

QEC:

5

  • 2.1.8 .............................................................................................................

Sports:

5

Library:

  • 2.1.9 ...........................................................................................................

5

VI

2.1.10

Academic Departments:

 

6

  • 2.2 Key Success Factors

6

2.2.1

Communicating:

 

6

2.2.2

Developing talents:

 

7

2.2.3

Team-working:

 

7

2.2.4

Taking responsibility:

 

7

2.2.5

Finding Solutions:

 

7

2.2.6

Thinking Strategically:

 

8

  • 2.3 Porter’s Five Forces

8

2.3.1

Risk of entry by potential competitors:

9

2.3.2

Bargaining

Power

of

Buyers:

9

2.3.3

Bargaining

Power

of

Suppliers:

10

2.3.4

Threat of Substitute products:

10

2.3.5

Rivalry among current competitors:

10

3

Company Analysis

12

  • 3.1 Introduction

Company

 

12

  • 3.2 Analysis (Finance)

Company

 

13

3.2.1

HORIZONTAL

 

13

  • 3.3 RATIO ANALYSIS:

15

  • 3.4 INTERPRETATION:

16

3.4.1

CASH RATIO:

16

3.4.2

NET OPERATING RATIO:

 

16

VII

 

3.4.3

CURRENT RATIO:

17

  • 3.5 VERTICAL ANALYSIS:

17

 
  • 3.6 INTERPRETATION:

19

4

Recommendations

21

References

22

VIII

Table of Figures

Figure 1: This figure explains that how the hierarchy of KUST works:

3

Figure 2: Diagrammatic view of Porter five

8

Figure

3

Cash Ratio of KUST

2013-2016:

16

Figure 4 Net Operating Ratio 2013-2016:

17

Figure 5 Cash Ratio 2013-2016 KUST:

17

IX

Table of Tables

Table 1 income statement of KUST 2013-2016 (Amount in Rs)

14

Table 2 Ratio Analysis of KUST 2013-2016

15

X

List of Abbreviations

KUST

Kohat university of science and technology

KPK

Khyber Pakhtunkhwa

KPI’s

Key performance indicators

Chapter 1. Introduction to the Report

  • 1 Introduction to the Report

Start with the name of ALLAH; I am going to write the internship report after performing two months internship at Kohat University of science and technolo- gy which is the part of the academic requirement for the completion of 4 year education in the bachelor of business administration (BBA). Therefore each and every student is required to prepare the report on a recognized organization, and work in their specialized field.

Therefore I (Mudassir Salal) the student of BBA is to undergo the internship program for two months as an internee in the Kohat University, main purpose of doing an internship is that to make familiar the student with real work environ- ment that what is the difference between the work environment and what they have learnt in the books. So I decided to do internship in an Admission Section of Kohat University of Science and Technology. During my stay in Admission section of KUST, I got very good opportunity to learn and gain the experience in the relevant fields.

  • 1.1 Purpose of Study

To find the reasons for doing an internship as part of the career devel- opment process.

To efficiently analyze and understand the business operation

To use the bookish knowledge in the work environment.

To learn new skills for what we would like to learn and contribute to the employer.

To get some knowledge about the business operations.

  • 1.2 Methodology of Report

During my stay at KUST as an internee the most important task was to collect the most relevant information about the KUST, for which I use number of

Chapter 1 Introduction to the Report

methods to collect the data to make the report. The methods which I adopted to make this report is based on the primary and secondary data. The sources of primary data is the interviews with the employees and my personal observa- tions, while the secondary data which I gathered from the annual reports, KUST Statutes Internet (www.kust.edu.pk) Internet (www.hec.org.pk)

1.3 Outline of Report

This Report is consisting of four sections:

Section

1st

Include introduction, purpose, methodology, (Primary and secondary data), and

scheme of the report, (chapters of report).

Section

2nd

Include “Industry Analysis” brief history of organization, objectives, Porter’s

five forces and key success factors.

Section

3rd

Include “Company analysis” Financial Analysis (Horizontal and vertical analy- sis, ratio analysis) and SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats).

Section

4th

Include “Findings and Suggestions” in terms of finding the deficiencies in the

departments of the company as well as in the overall organization and after that

gives suitable Suggestions

Chapter 2 Industry Analysis

  • 2 Industry Analysis

Kohat University of science and technology is the public sector organization that established in December 2001 with the objective to provide the quality edu- cation to the societies of this area in the field of science and technologies. The primary objective of KUST is to provide the quality education with all its avail- able resources and bring the research and innovation in the field of education. KUST also promote and facilitate the advancement distribution of the knowledge in country in general and in Khyber Pakhtunkhwa, in particular, and undertake the research on the problems in those areas where quick solution may be expected through the introduction of such facilities.

  • 2.1 Organizational Hierarchy:

As we know all the organizations have their own hierarchy same like that KUST is their own hierarchy in which they work and achieve their goals.

Figure 1: This figure explains that how the hierarchy of KUST works:

Chapter 2 • Industry Analysis 2 Industry Analysis Kohat University of science and technology is the

3

Chapter 2 Industry Analysis

  • 2.1.1 Administration: Administration is the department of any organization which handle the different tasks for the organization same like that admin section of KUST is also performing various tasks for KUST such as dealing with the finance, planning, research and development etc. below are the de- tailed information about the KUST administration that how they work for the organization

  • 2.1.2 Registrar: It is the establishment section of the KUST. In their duties they involved different tasks such as hiring someone, development of employees for future job needs and to enhance employee’s skills and capabilities. Their Primary focus is on teaching staff.

  • 2.1.3 Academic: This section is responsible for the academic policies that the academic policies must be updated and implemented to ensure the academic excel- lence to effectively compete with the other universities for academic policies play a vital role.

  • 2.1.4 Finance: Finance is the very important for any organization without finance de- partment any organization cannot achieve its goal effectively. This sec- tion have different responsibilities. Which consists of book of Accounts, store section, budget, pension and internal audit. Each section has their own methods of performing their respective tasks.

Chapter 2 Industry Analysis

  • 2.1.5 Planning: Without planning any organization cannot achieve its goal therefor they must make effective plans for their goals, same like that KUST also makes plans to bring the improvements in the overall activities, and highlights the key activities to be performed to improve the standards of the Kohat University Science and technology.

  • 2.1.6 Controller of Exam: This section deals with the all kind examination that held in KUST as examination is the essential element of the education that each student must be evaluated. This section must ensure the transparent and fair ed- ucation system.

  • 2.1.7 QEC: It is the quality enhancement cell that comes with the functions to look over the barriers that comes the education system and give the sugges- tions to remove these barriers smoothly.

  • 2.1.8 Sports: Sports is the very necessary for the good health it keeps the person very healthy and helps in accepting challenging goals and to work with these goals and absorb pressure. This department gives the chance to represent the KUST at the national level.

  • 2.1.9 Library: It is very necessary for every educational organization to must have the library full of useful materials according to this KUST have a very fine library with huge amount of books for learning purpose. Also the envi- ronment of library is very suitable and friendly for reading books they recently upgraded their library by introducing laptops with the facilities

Chapter 2 Industry Analysis

of internet which plays a vital role the academic success now a days by keeping yourself up to date that what is going on in the world.

  • 2.1.10 Academic Departments:

Academic is consists of various departments such as biological sciences medical science physical sciences, and social sciences. If we talk about the biological sciences its consists of botany zoology, Microbiology, and biotech etc. which actually deals with different kind of species of plants and animals etc. there laboratories are well equipped. The physical sciences or numerical sciences includes the departments that work on the concepts of physics and mathematics, IT and chemistry. The social sciences is related to the management sciences, English, so- cial work and sociology journalism and mass communication and eco- nomics. Medical science consists of pharmacy departments which deals with the drugs to make the medicines.

2.2 Key Success Factors

The key success factors are those business practices, defined by the market and as viewed by the customer that are critical to the vendor/customer relationship. It is defined by the market and by the customer not by the company. The key success factors of KUST are given below:

2.2.1 Communicating:

Communication is the most important for every organization for they uses clear, concise and accurate communication, tailoring the approach accordingly and encouraging a two way communication process. It will be effective for KUST to maximize clear communication at all University levels. Disseminates key or- ganizational messages to staff and colleagues internally and externally and en- sures understanding.

Chapter 2 Industry Analysis

  • 2.2.2 Developing talents:

Motivates and develops self and others to achieve high performance. Demon- strates a positive approach to developing skills and general performance. Build- ing organizational capability and Recognizes the value of learning from mis- takes, experimental processes and risk taking in order to build a culture of con- tinuous learning and development. Creates supports and promotes organization- al learning and development initiatives.

  • 2.2.3 Team-working:

Works collaboratively with others, plays a positive role in teams and establishes and grows relationships across the organization where different skills, expertise and opinions are valued by creating a collaborative culture to gets involved in external groups across HE and other relevant sectors. Constantly looking at ways of building alliances and relationships to creates opportunities for team- work across departments and functions in order to deliver University objectives and to develop people

  • 2.2.4 Taking responsibility:

Planning and Organizing Manages time and resources by prioritizing and organ- izing effectively. Planning and managing organizational goals to create effec- tiveness in the work environment. It will lead to the effective management con- trol systems. That will anticipates the future demands for the staff, information etc.

  • 2.2.5 Finding Solutions:

Generates a range of viable options and decides on an appropriate course of action that best fits organizational and area goals. High level solution focus Considers large amounts of complex information quickly and identifies key issues Thinks broadly when faced with problems, consults others and builds on the ideas of others, borrowing and adapting to find the best solution Sees and/or develops a range of options to deal with problems and uses skill, knowledge and

Chapter 2 Industry Analysis

experience to decide how to proceed Anticipates potential problems well into the future and incorporates action plans into current activities

  • 2.2.6 Thinking Strategically:

It means first think strategically about the problem they have the ability to see “big picture”, and manage complex problems and issues. By creating strategy across the university and also develops and create the strategy for the KUST through finding the appropriate structure for making the strategic vision.

Develops objectives and KPIs that ensure that the key aims of the area and the University are achieved .Works relentlessly to create a cohesive organization

  • 2.3 Porter’s Five Forces

Michael Porter (Harvard Business School Management Researcher) designed a tool to develop the organizational strategy that effective for the strategy formu- lation. It is one of the most famous among the managers when making strategic decisions. It is the five competitive forces model that determines industry struc- ture. According to Porter, the nature of competition in any industry is personi- fied in the following five forces:

i.

Threat of new potential entrants

ii.

Threat of substitute product/services

iii.

Bargaining power of suppliers

iv.

Bargaining power of buyers

v.

Rivalry among current competitors

Figure 2: Diagrammatic view of Porter five forces

Chapter 2 Industry Analysis

Chapter 2 • Industry Analysis The five porter forces is very important for the strategy formulation

The five porter forces is very important for the strategy formulation for any or- ganization. These forces determines the profitability of the organizations be- cause it shapes their prices which can be charged from the customers and also shapes the cost which will be bear by the organization. it also gives the shape to the organizations investment.

Now we will implement these five forces on Kohat University of science and technology.

  • 2.3.1 Risk of entry by potential competitors:

Potential competitors refer to the firms which are not currently competing in the industry but have the potential to do so if given a choice. Entry of new players increases the industry capacity, begins a competition for market share and low- ers the current costs. The threat of entry by potential competitors is partially a function of extent of barriers to entry. As Bannu University is just established few years ago, it has fewer abilities and resources than KUST. But when it would have access to much resources that would lead it to its full capacity then it will be risky for KUST. And the woman campus is also serve as the new entry because a huge amount of female students will be shift there due to which the profitability can be effected

  • 2.3.2 Bargaining Power of Buyers:

Buyers refer to the customers who finally consume the product or the firms who

distribute the industry’s product to the final consumers. As there is a fixed fee

implemented on every student of KUST so there is no chance and least of a

Chapter 2 Industry Analysis

choice for students to bargain on the cost and fee. But the new advantage for the students is directed by VC of KUST and that is students can submits there fees in two equal amounts of installments.

  • 2.3.3 Bargaining Power of Suppliers:

Suppliers are those industries who provide the product or services to other in- dustries. Bargaining power of the suppliers refer to the potential of the suppliers to increase the prices of inputs or the costs of industry in other ways. KUST is the service provider it provides educational services in various kind of fields such as biological sciences, social sciences etc. To the people of Kohat and the other related areas such as Hangu, Karak, Teri, Peshawar etc. People of these areas without any difficulties can get their services easily. Because their cost and expenditure is not too much high that cannot be afforded by them. There are some other supplier exists in the industry such as Preston university, commerce college, post graduate college Kohat etc. they also provide the same services to the peoples, but they cannot decrease the market of KUST.

  • 2.3.4 Threat of Substitute products:

Substitute products refer to the products having ability of satisfying customers’

needs effectively. Substitutes pose a ceiling (upper limit) on the potential re- turns of an industry by putting a setting a limit on the price that firms can charge for their product in an industry. Locally based Preston University offers same types of degree programs to the students so it’s a threat to KUST, and Govern- ment post graduate college and Commerce College also provides the same

products and also a minor threat to KUST

  • 2.3.5 Rivalry among current competitors:

Rivalry refers to the competitive struggle for market share between firms in an industry. Extreme rivalry among established firms poses a strong threat to prof- itability. The strength of rivalry among established firms within an industry is a function of following factors. As Karak and Preston University offers almost

Chapter 2 Industry Analysis

same types of degree programs and students have chance to avail , as many stu- dents already have shifted towards them.

Chapter 3 Company Analysis

  • 3 Company Analysis

In company analysis we analyze our company in term of their performance standards and quality KUST analysis is based on the following information such as quality standards and performance. Which are stats from the company intro- duction.

3.1 Company Introduction

Kohat University of Science and Technology is a Public Sector University that is established to deliver the quality education in the field of science and tech- nology like to provide the entrepreneurship, research, education and other client agencies with innovative ideas through highly motivated, ambitious, and for- ward-looking graduates.

For better and high quality education KUST must ensure that they provide the strong academic guidance, and welfare systems that are designed to support students in the every field of life and every community. Capacity building, de- gree programs, and an ever-growing national dimension, are our distinctive characteristics, all planned to contribute to the outstanding employment pro- spects of our graduates.

The establishment of KUST is in line with the objectives of the Higher Educa- tion aiming to ensure the availability of quality education and uplifting of re- search capabilities of the universities.

Vision,

KUST shall be a nationally recognized university as a premier seat of learning with a global perspective that educates those who will fashion a more humane and just world, through a strong commitment to the cause of develop- ment.”(KUST Annual Reports)

Mission,

Providing innovative undergraduate and graduate education that contributes to the development of society and the individual.

Chapter 3 Company Analysis

Goals:

Educational

Research

Services

Faculty and staff development

Student and community life

Learning in a Culturally Rich Environment

  • 3.2 Company Analysis (Finance)

It is also called the financial statement analysis or accounting analysis or we can say analysis of finance. It is a process of measuring and evaluating company’s financial statements (such as the balance sheet or profit and loss statement), to find the financial health of the company and enabling more effective decision making. Financial statements must be evaluated through financial statement analysis to become more effective for the investors, shareholders, managers and other interested parties. Analysis is an evaluative method of determining the past, current and projected performance of a company.

Financial Statement analysis consists of following techniques that can be used when evaluating financial performance of the organization, which are given below:

  • 3.2.1 HORIZONTAL ANALYSIS:

Horizontal analysis (also known as trend analysis) is a financial state-

ment analysis technique that shows changes in the amounts of corresponding financial statement items over a period of time. It is a useful tool to evaluate the trend situations. The statements for two or more periods are used in horizontal analysis. It shows the changes between years in both dollar and percentage form.

Chapter 3 • Company Analysis  Goals:  Educational  Research  Services  Faculty and

Chapter 3 Company Analysis

Table 1 income statement of KUST 2013-2016 (Amount in Rs)

 

2013

2014

2015

2016

INCOMING

 

RESOURCES

Grants Received

90183085

146562400

190220390

247645385

Own

Generated

37544087

72843944

67135354

119571575

Income

Total

Incoming

127727172

219406344

257355744

367216960

Resources

 
 

EXPENDITURE

 

Establishing

26553533

38906177

49774688

127297932

Cost

Other Recurring Cost

22258763

34505564

41962737

74427271

Total

Expendi-

48812296

73411741

91737425

201725203

ture

 

Net Incoming Resources dur- ing the year

78914876

145994603

165618319

165491757

Inter

Project

0

0

0

4891627

Current

Ac-

count

Funds as

at Ju-

18423152

263146400

409141004

574759324

ly,01

Funds as

at Ju-

263146400

409141003

574759323

745142708

ly,30

Chapter 3 Company Analysis

  • 3.3 RATIO ANALYSIS:

Ratio analysis is most important technique of financial analysis in which quanti- ties are converted into ratios for meaningful comparisons, with past ratios and ratios of other firms in the same or different industries. Ratio analysis deter- mines trends and exposes strengths or weaknesses of firm. It usually expressed as percent or as times per period. It shows how one number is related to another.

Table 2 Ratio Analysis of KUST 2013-2016

Ratio Analysis of Kohat University of Science & Technology, Kohat

 

2013

2014

2015

2016

Cash Ratio =

44.0

13.04

7.07

2.59

Cash and cash equivalents Current liabilities

Accounts Payable Aging Indicator = Accounts payable Average Monthly Expenses

Accounts Payable Aging Indicator = Accounts payable Average Monthly Expenses

0.173

0.875

0.962

1.578

Net Operating Ratio = Total Revenue Total Expenses Total Revenue

0.618

0.665

0.644

0.451

Establishment Cost to Total Expenses Ratio = Establishment Cost Total Expenses

0.544

0.530

0.543

0.631

Other Recurring Cost to Total Expenses Ratio = Other Recurring Cost Total Expenses

0.456

0.470

0.457

0.369

Grants-to-Expense Ratio = Grant Revenue Total Expenses

Grants-to-Expense Ratio = Grant Revenue Total Expenses 1.848 1.996 2.074 1.228

1.848

1.996

2.074

1.228

Current Ratio = Current Assets Current Liabilities

Current Ratio = Current Assets Current Liabilities 69.159 18.614 10.838 4.108

69.159

18.614

10.838

4.108

State General Fund Appropriations to Total Revenue=

0.706

0.668

0.739

0.674

Grant in Aid Total Revenue

Grant in Aid Total Revenue

Net Tuition & Fees Revenue to Total Revenue = Net Tuition and Fees Total Revenue

0.191

0.276

0.205

0.244

Own Generated Revenue to Total Revenue = Own Generated Income Total Revenue

0.294

0.332

0.261

0.326

Chapter 3 Company Analysis

3.4 INTERPRETATION:

  • 3.4.1 CASH RATIO:

The cash ratio has shown a decreasing trend during the four years (FY 2013- 2016) period. The ratio was maximum i.e. 44% in FY 2013 and minimum i.e. 2.59% in FY 2016. Cash ratio has shown a decreasing trend due to the reason that current liabilities have increased significantly. (KUST, 2013-16)

Figure 3 Cash Ratio of KUST 2013-2016:

13.04 7.07 2.59 44 0 50 40 30 20 10 FY 2014 FY 2016 FY 2015
13.04
7.07
2.59
44
0
50
40
30
20
10
FY 2014
FY 2016
FY 2015
FY 2013
Cash Ratio
  • 3.4.2 NET OPERATING RATIO:

The Net Operating Ratio has shown a fluctuating trend during four years (FY 2013-2016) period. The ratio was maximum i.e. 66.5% in FY 2014 and mini- mum i.e. 45.1% in FY 2015. The decrease in this ratio is due to increase in total expenditure which resultantly has reduced the net operating profit.

16

Chapter 3 Company Analysis

Figure 4 Net Operating Ratio 2013-2016:

66.5 61.8 64.4 45.1 0 70 60 50 40 30 20 10
66.5
61.8
64.4
45.1
0
70
60
50
40
30
20
10
FY 2013 FY 2014 FY 2015 FY 2016 Net Operating Ratio CURRENT RATIO: 80 69.159 60
FY 2013
FY 2014
FY 2015
FY 2016
Net Operating Ratio
CURRENT RATIO:
80
69.159
60
40
18.614
20
10.838
4.108
0
FY 2013
FY 2014
FY 2015
FY 2016
Current Ratio

3.4.3

The Current Ratio has shown a decreasing trend during the four years (FY 2013-2016) period. The ratio was maximum i.e. 69.159% in FY 2013 and min- imum i.e. 4.108% in FY 2014. This decrease in ratio in FY 2014 is due to in- crease in short term borrowing compared to the other years.

Figure 5 Cash Ratio 2013-2016 KUST:

  • 3.5 VERTICAL ANALYSIS:

Vertical analysis is a method of financial statement analysis in which each entry for each of the three major categories of accounts, or assets, liabilities and equi- ties, in a balance sheet is represented as a proportion of the total account. Verti-

17

Chapter 3 Company Analysis

cal analysis also called common-size analysis is a financial analysis tool that managers use to compare a company's financial performance using a base amount. The common-size percentage formula is calculated by dividing the ana- lyzed item by the base amount of benchmark and multiplying it by 100.

Chapter 3 • Company Analysis cal analysis also called common-size analysis is a financial analysis tool

Vertical Analysis of Kohat University of Science & Technology, Kohat

Balance Sheet

Assets

2013

2014

2015

2016

Non-Current Assets

Tangible Operating Fixed Assets At Cost Less Acc. Depreciation

12.769

14.438

11.904

12.665

Capital Work in Progress at Cost

5.430

13.214

24.939

32.207

Long Term Investments

63.612

48.868

49.784

41.478

Current Assets

Short Term Advances, Loans and Re- ceivables

6.615

7.028

4.654

5.051

Cash and Bank Balances

11.573

16.451

8.719

8.599

Total Assets

100%

100%

100%

100%

Liabilities & Funds

Current Liabilities

Creditors, Accruals & Other Liabili- ties

0.263

1.261

1.234

3.323

Non-Current Liabilities

Deferred Income

0.054

0.020

0.004

0

Long term Liabilities & Deposits

1.443

2.328

2.302

3.335

Accumulated Funds

Restricted Funds

37.057

44.286

49.382

54.282

Unrestricted Funds

61.182

52.105

47.078

39.060

Total Liabilities and Funds

100%

100%

100%

100%

Chapter 3 Company Analysis

STATEMENT OF FINANCIAL ACTIVITIES

 

2013

2014

2015

2016

INCOMING RESOURCES

Total Incoming Resources

100%

100%

100%

100%

EXPENDITURE

Total Expenditure

38.22

33.46

35.65

54.93

Net Incoming Resources during the year

61.78

66.54

64.35

45.07

3.6 INTERPRETATION:

The Long Term Investments as a percentage of Total Assets has shown a de- creasing trend during four years (FY 2013-2016) period. The ratio was maxi- mum i.e. 63.6% in FY 2013 and minimum i.e. 41.47% in FY 2016. This de- crease is due to increase in Capital Work Progress as a percentage of Total As- sets.

Unrestricted Funds as a percentage of Total Liabilities has shown a decreasing trend during four years (FY 2013-2016) period. The ratio was maximum i.e. 61.18% in 2013 and minimum i.e. 39.060% in 2016. This decrease is due to increase in Restricted Funds as a percentage of Total Liabilities.

Net Incoming Resources as a percentage of Total Incoming Resources has shown an overall decreasing trend during four years (FY 2013-2016). The ratio was maximum i.e. 66.54% in 2014 and minimum i.e. 45.07% in 2016. This de- crease is due to increasing trend of Total Expenditure as a percentage of Total Incoming Resources.

SWOT ANALYSIS:

SWOT analysis in the process by which an organization find their (Strengths, weaknesses, opportunities and threats) these are the internal and external factors that have great impact on the viability of project place or promotion

Chapter 3 Company Analysis

Strengths

Weaknesses

Opportunities

Threats

Strengths:

The strengths of KUST have the fine building, good environment, qualified faculty, more than 40% faculty is PhDs, active and dynam- ic researchers and the strong national and international linkages.

Weaknesses:

The weaknesses of KUST is the lack of Industrial linkages, lack of technical and entrepreneurial skills, inadequate development funds, and improper devel- opment infrastructure and the lack of residential area for employees and stu- dents.

Opportunities:

The External factors by which we can increase our business by capturing the mar- ket share from the competitors and the opportunities for the KUST is surrounded by rich flora and fauna, and precious natural resources. Research opportunities for active and creative researchers in mineral, herbal, and pharmaceutical industry

Threats:

Threats for the KUST is that negatively affect the KUST such as establishment of new universities and the affiliation with other colleges, law and orders and socie- tal culture which resist the co-education in the society Sharp ethnic, sectarian, cul- tural, and economic sensitivity Brain drain of highly qualified professionals.

Chapter 4 Recommendations

4 Recommendations

As I work in an admission reception of Kohat University of science and tech- nology so for that I recommend the following things which are given below.

Simple the online admission process

Make the admission form of one page instead of 5 pages

Arrange the own entry test instead of depending on NTS, because NTS delaying admissions in KUST.

For the KUST I will recommend the followings:

Introduce the new department in KUST:

Geology

Mechanical engineering

Electrical engineering

Phycology

International relations

Use surplus funds to initiate new project.

Maintains the asset register.

Understanding of the outside world/improve their worldwide view.

Fosters understudy steadfastness to and pride in KUST methodology

References

References

(Annual Report KUST, 2013-17)

(www.hec.org.pk, 2018)

(KUST Business Plan , 2016-17)

(Annual Reports, 2017)