Excerpts from an exclusive interview with Director Academics, Institute of Business Management

Aug 26 - Sep 01, 2002

The Institute of Business Management (IoBM) was established seven years ago. Within a short period it has become a national institution and established its credentials. It is committed to producing business leadership of the highest caliber for Pakistan. The range of courses offered by the IoBM has expanded rapidly and curricula are updated regularly to meet the ever changing needs of the market. During last two years we have established two new colleges, the College of Computer Science and Information Systems and the College of Economics and Social Development.

We have succeeded in attracting highly qualified faculty with experience of teaching at business schools in the USA and Europe. We have developed close links with Pakistan's trade and industry. Our Business Support Centre provides training, research and consultancy services to the Government of Sindh, the National Institute of Public Administration (NIPA) and the Small and Medium Enterprises Development Authority (SMEDA) and other national and multinational organizations, on regular basis.

The IoBM has a brand new purpose built campus spread over eight acres. The Business College building comprise of 57,000 sq. ft. covered area, equipped with state-of-the art teaching equipment. A separate Administration and Business Support Centre building, with a covered area of 25,000 sq. ft. has completed. Another building with a covered area of 25,000 sq. ft. to house the College of Computer Science and Information Systems is nearing completion. Construction of the Students Activity Centre building and the Convocation Centre is likely to be completed by December 2002. Future plans include construction of a library building and a building to house the College of Economics and Social Development.

Pakistan's progress depends crucially on the commitment and the professional efficiency of the business leadership that is being produced by the local business schools. To achieve this objective IoBM's academic programmes have been made comprehensive in concept and structure. They broadly resemble honours programmes offered by the American Universities. The IoBM has highly qualified faculty with most of them holding doctorate and Masters from abroad. The Institute regularly conducts programmes to enhance the skill and qualification of the faculty.

The IoBM also has extensive links with North American universities. Professors from the universities of Arizona State and Brock have served as Chief Academic Officers. The present Dean has over 20 years of teaching experience at British and American universities. The IoBM is an academic trail blazer. Innovative masters degrees and certificate courses have been launched in the areas of Health and Hospital Management, Pharmaceutical Administration and Population Welfare, Computer Science, Marketing Communication, Finance and MIS and Master of Science programme in Accounting.

We also offer The CFA Advantage to students seeking major in MBA Finance programme. The globally acknowledges Chartered Financial Analysts programme is administered by the US based Association for Investment Management and Research (AIMR). The CFA Track delivers higher quality by adopting the entire curriculum of the CFA programme's Level I and Level II examinations. There are over 42,000 CFA charter holders the world over, including slightly more than 50 from Pakistan. Every year, more than 65,000 candidates appear in these examinations including more than 600 from Pakistan.

The CFA Track offers four electives in finance. These are all sequential courses and the various text books from which reading material of these courses belong, are the same as prescribed by the AIMR. These are: 1) Foundation of Financial Analysis, 2) Fundamentals of Asset Valuation and Portfolio Management, 3) Advance Financial Analysis and 4) Advance Asset Valuation and Portfolio Management.

Research is top priority at the IoBM. The full fledged research programme stipulate every full time faculty member to complete one major research study during a year as contractual obligation. The MBA programme is also research intensive and every optional course is designed to include a research component.

Pakistan Business Review is Pakistan's only business research publication released quarterly. It is supervised by an international advisory board of business academics from national and international organizations. All IoBM full time faculty members are on the editorial board and contribute research papers regularly.