IBA: A success-oriented journey

 

Access to quality education can transform lives. 

An organization that dedicatedly proved this is “The Institute of Business Administration”, usually referred to by its acronym IBA, is a university in Karachi, Pakistan and is considered one of the premier business schools in Pakistan.

 

The recurrent theme of IBA’s existence is that business education should be relevant and looking to the future. The IBA provides an enabling environment, conducive to scholarship and research. The faculty, staff, students and members of the industry work together to achieve learning goals. Students acquire knowledge and skills through constructive and distinctive processes that encourage them to develop understanding of business concepts and issues, think independently and to make rational choices.

 

Institute of Business Management aspires to be one of the leading institutions, nationally and internationally, for learning, research and innovation. The Institute of Business Administration (IBA) is Founded in 1955, with initial technical support provided by the world famous Wharton School of Finance, University of Pennsylvania; later, the University of Southern California set up various facilities at the Institute and several prominent American professors were assigned to the IBA.  It is the oldest business school outside North America.

Despite a rapid increase in the number of business schools, the IBA has maintained its position as the premier Institution of higher learning in the field of Management and Business Administration.

 

The IBA initially offered its MBA program only for day scholars. In 1957, an Evening Program was started to cater to the needs of the numerous working executives and managers who were interested in furthering their careers through part-time business studies. In 1982, a three-year BBA (Honors) Program was introduced which has now been upgraded to a four-year BBA program.

 

The Faculty of Computer Science was originally established as the Center for Computer Studies in 1983 with the collaboration of IBM, Pakistan. It initially offered a diploma in System Analysis to overcome a shortage of software professionals in the country. It now offers BS (Computer Science), MS (Computer Science), and PhD programs. The PhD degree is being offered in the areas of Computer Science and Engineering (CSE), Information and Communication Technology (ICT), Operations Research, Artificial Intelligence, Cryptography, Numerical Analysis and Numerical Computing.

 

In 2009, IBA introduced its first weekend Executive MBA Program (EMBA), focusing on the needs of the mid-career professionals, serving in the Corporate Sector, Banks and Government departments. The curriculum, methodology and course material have been developed in consultation with industry experts and lead resource persons. Currently 280 participants from more than 100 organizations are attending this program steered by leading professionals and senior IBA faculty.

 

IBA has recently introduced new BS degree programs in Economics and Mathematics (Double Major), Social Sciences, Accounting and Finance and also MS/ Ph.D. programs in Economics and Mathematics.

 

The Center for Executive Education (CEE) organizes customized courses for corporate clients and holds short courses on emerging issues and themes for those engaged in business. CEE has strategic partnership with the Indian School of Business whose faculty conducts courses and seminars at Karachi.

 

The Centre for Excellence in Islamic Finance has been established at IBA with the objective of providing a platform for discovery, enhancement and dissemination of knowledge in the field of Islamic Finance. It aims to be a world class Centre which, through education and research, carries on IBA’s legacy of thought leadership in the Islamic Finance industry.

 

The newly established Center for Entrepreneurial Development (CED) at the IBA is a breeding ground for new business startups by the students. The Center hosts more than 40 incubator and accelerator companies in its premises and provides a conducive research and development environment for innovation, and turning ideas into business opportunities. It aims to put Karachi on the entrepreneurial map of the world. IBA has a 10 year collaborative partnership with Babson College in Boston which is the top most entrepreneurship institute in USA.

 

According to Time’s Educations, IBA was ranked among the top 600 Asian universities. Institute of Business Administration (IBA) Karachi has established itself as the leading business institute of Pakistan. After putting your efforts for 13 years, one does deserve a healthy campus life where he can find new learning opportunities and feel like home every passing day, and where he can find friends like a family who can be their support system. We believe IBA is well known for providing quality campus life to its students. You may hear people talking about a lot of stuff not good at IBA, but you will hardly find anyone who will not be satisfied with IBA’s campus life.

“An investment in knowledge pays the best interest”.

Group members: Ayesha Abbasi, Bilal Akram, Arbaz Khan , Barkha Khan

Bs-PA&G- 06(Morning)

NUML Islamabad