Institute of Business Administration, Karachi
The Institute of Business Administration (IBA), Karachi; (انسٹيٹيوٹ آف بزنس ايڈمنسٹريشن) is an independent university in Karachi, Sindh, Pakistan. Founded in 1955, it is one of the oldest business school outside North America.[2]
Motto | Leadership and Ideas for Tommorrow [sic?] |
---|---|
Type | Public |
Established | 1955 |
Dean | S. Akbar Zaidi |
Academic staff | 124 Full-Time Faculty, 184 Visiting Faculty[1] |
Students | 4215. Undergraduate programs: 3042; Graduate programs: 1049; Doctoral programs: 62; PGD programs: 62 |
Location | , , Pakistan |
Colours | Maroon, white |
Affiliations | CFA, SAQS |
Website | www |
IBA was established as a business school in 1955 by Pakistani government with the technical support from the Wharton School and the University of Southern California. Several prominent American professors were assigned to the IBA to develop its curriculum. It remained a constituent school within the University of Karachi until, in 1994, when its status was elevated to an independent chartered university by the Sindh Government. Since 2003, IBA has expanded from a purely graduate business school to an interdisciplinary university with undergraduate, graduate and post-graduate programs.[3]
IBA, today, is one of Pakistan's selective and highest-ranked institutes particularly known for its business program.[4][5] It is one of the two Pakistani business schools to be awarded the coveted certification by the South Asian Quality System.[6] IBA today has 2 campuses in Karachi(Main Campus and City Campus), with a student body of over 6,000 students.[7] IBA has collaborations with 15 institutions worldwide, which include Babson College, Indian School of Business, S. P. Jain Institute and the Northwestern University. It counts several prominent public figures and business leaders among its alumni, including the former Pakistani President Mamnoon Hussain, renowned actor Sheheryar Munawar, former Pakistani Prime Minister Shaukat Aziz, renowned economist Mohammad Uzair, former Federal Minister for Finance, Revenue, and Economic Affairs Asad Umer and business leader Quentin D'Silva.[8]
Academics
Admission
IBA Karachi accepted 17.7% of undergraduate applicants in Fall 2018.[9]
Admission to IBA Karachi is based on Entry Test, SAT/ACT[10] and Interview. During 2018–19, financial assistance in the amount of PKR 280 million was provided to 896 students and qarz-e-hasna was arranged for another 110 students.
Programs Offered
At undergraduate level, IBA offers degrees in Business Administration, Accounting and Finance, Computer Science, Economics, Economics and Mathematics, Social Sciences and Liberal Arts.
The graduate programs offered by the IBA include degrees in Business Administration, MBA Executive, Computer Science, Economics, Islamic Banking and Finance, Journalism, Management, Data Sciences and Mathematics.
The doctoral programs offered at the Institute include degrees in Computer Science, Economics and Mathematics.
Affiliation
- IBA was accredited by the South Asian Quality Assurance System (SAQS) in 2011.[11]
- Member of the European Foundation for Management Development.
- CFA University Partner and the first university in Pakistan to be granted that status by the CFA Institute.[12][13]
Student Societies & Clubs
Co-curricular activities
- Economics and Finance club
- Entrepreneurship Society
- Human Resources Club
- Computer Science Society
- Leadership Club
- Marketing Club
- Mathematics & Astronomy Club
- Social Sciences Club
- Accounting Club
- Islamic Finance Society
- Literary Society
Extracurricular Activities
- Arts and Photography Society
- Go Green Society
- Sports Society
- Dramatics Society
- Public Speaking Society
- Music Society
Service Activities
- Alumni & Placement Society
- Community Welfare Society
- Girls' Hostel Society
- Boys' Hostel Society
- Iqra Character Building in Society
- IBA Students Council
Notable alumni
- Shaukat Aziz, Former Prime Minister of Pakistan
- Asad Umar - Federal Minister for Planning, Development, Reforms and Special Initiatives
- Ghias Khan - Businessman and 4th CEO of Engro Corporation
- Sheheryar Munawar - Film and television actor, and model
- Mamnoon Hussain, Former President, Islamic Republic of Pakistan
- Shaukat Aziz, Former Prime Minister of Pakistan
- Sheheryar Munawar, Film and television actor
- Quentin D'Silva, Businessman
- Asad Umar, Politician, serving in the Government of Pakistan, and the former CEO of Engro Corporation
- Komal Aziz Khan, Television actress
- Shoaib Ahmed Sheikh, Pakistani-Kittitian businessman
- Sarfaraz K. Niazi, Bio-pharmaceutical professor
- Ashir Azeem, Pakistani-Canadian actor, director and former civil servant
- Tipu Sharif, Turkish-born television actor
- Uzair Paracha, Pakistani citizen previously convicted of providing material support to al-Qaeda
- Aimal Wali Khan, Nationalist politician in Pakistan
- Mahoor Shahzad, badminton player
- Ghias Khan, businessman and entrepreneur
- Raihan Merchant, Pakistani businessman and the founder of Brainchild communications
- Muhammad Zubair Umar, Pakistani politician and former Governor of Sindh
- Kanwal Ahmed, Founder of Soul Sisters Pakistan (est.2013) and Executive Producer of "Conversations with Kanwal."
References
- Faculty
- "Institute of Business Administration (IBA)". Top Universities. 16 July 2015. Retrieved 8 October 2016.
- "Institute of Business Administration - Karachi". www.iba.edu.pk. Retrieved 8 October 2016.
- Newspaper, From the (31 August 2016). "Google team trains IBA students on monetizing products". Retrieved 8 October 2016.
- "Extraordinary Pakistanis: Imran Shaukat - The Express Tribune". The Express Tribune. 29 June 2016. Retrieved 8 October 2016.
- PPI, PPI (26 August 2011). "Achievements : IBA certified by South Asian System (Karachi city)". The Express Tribune. Retrieved 26 August 2011.
- "Institute of Business Administration - Karachi". www.iba.edu.pk. Retrieved 8 October 2016.
- "Institute of Business Administration - Karachi". www.iba.edu.pk. Retrieved 8 October 2016.
- "IBA Karachi - Annual Report 2016" (PDF).
- "SAT vs IBA Test".
- Express Tribune August 26, 2011
- CFA Program University Partners. Cfainstitute.org. Retrieved on 2013-08-03.
- The only CFA accredited university of pakistan. Paklinks.com (28 April 2009). Retrieved on 2013-08-03.