Institutions
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LUMS Business School
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Special
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A Commitment to Innovation
Aug 13 - 19, 2001
The Graduate School of Business Administration of
the Lahore University of Management Sciences came into being in 1986
when a handful of young people put their trust in a fledgling
institution which only had the business community's commitment to its
credit. Since then, LUMS has covered lot of ground. Today with a total
student body of over 1200, the University has become an icon of
quality education for Pakistan by setting standards not only in
Business education but also Computer Sciences, Economics and Social
Sciences. A BSc program followed by an MS and most recently, PhD
programs has brought LUMS to a level where it has become one of the
reference points for excellence. By 2015 LUMS plans to have a balanced
world-class portfolio of teaching and research programs with more than
200 full-time faculty and nearly 4000 students.
Recently Dr. Syed Zahoor Hassan was appointed the
Pro Vice Chancellor of the University. Dr. Hassan has been associated
with LUMS for the past 14 years, as Professor of Management of
Technology and Information Systems. During his tenure he has also
managed the MBA, BSc, MS and Executive Development Programs. Most
recently, he was the Dean of the Business School. In response to a few
questions on LUMS as an institution and the direction in which it is
headed, he highlighted a few salient facts. He defined the mission
statement of LUMS as being "a preeminent academic institution,
serving as a catalyst for economic prosperity and social development
with a focus on management of resources". In this regard core
values to be upheld at the institution and disseminated to the
students are merit, integrity, academic freedom, tolerance, diversity
and excellence.
The advantage LUMS offers over other Business
Schools in the region is a highly relevant curriculum with emphasis on
the Pakistani setting so that business managers get the right blend of
skills, attitudes and local perspective. The case method of teaching
gives a practical, experiential approach to the absorption of
management concepts. To keep the curriculum's relevance to Pakistan
high, LUMS has developed almost 400 local cases to date. In addition
to this the business community is closely associated with the teaching
process as they are invited frequently to share their insights with
the students. The faculty on the other hand is also involved in
research and consulting work for the local corporate sector,
government and international organizations. LUMS has also established
a number of joint research and teaching collaborations with some of
the leading institutions such as McGill University of Canada and Essex
University of UK.
Another strength of the LUMS MBA program is the
focus on continuous development and redesigning of the curriculum in
line with changing market requirements. Recently, an MBA with IT
concentration has been initiated to bring our managers up to date with
the pervasive thrust towards Information Technology. A four year
project aimed at developing the management capability of the NGO
sector has been recently launched in collaboration with McGill and
with the financial support of the Canadian International Development
Agency (CIDA). More area-specific concentrations are planned for the
future to give specialized management education in textiles, banking
and other areas. Further, a doctoral program in Business
Administration is also planned.
LUMS has also made a substantial contribution
towards the education and training of the middle and senior level
business executives through its various short duration programs
offered through the Rausing Executive Development Centre. This Centre
offers state-of-the-art custom-built training facilities. It has, to
date, trained 9,000 managers at different levels coming from
businesses spanning small and large business enterprises. The Centre
offers both customized as well as public programs that are aimed at
developing managers in line with changing times and needs.
At a personal level, Dr. Zahoor pointed out that
leaving Stanford University and 'Silicon Valley' in California to
return to Pakistan for an institution that was yet to establish
itself, was primarily motivated by the urge to contribute to the
socio-economic development of our people. LUMS appeared to be giving
an opportunity to make a difference and it has proved to be a highly
fulfilling and rewarding experience. Dr. Zahoor believes that LUMS is
faced with several challenges as it embarks on its next phase of
growth and development. The key challenges are to maintain an
unrelenting focus on excellence while enhancing the portfolio of
program offerings, promoting a culture of research and continuous
innovation, and making LUMS' offerings more accessible to the
underprivileged sections of our society. However, with the keen
devotion of a well-knit team of colleagues in faculty and staff,
active support of trustees and governors and most importantly the
enthusiastic support of the students and alumni, he feels confident
that LUMS can fulfil its mission of playing a pivotal role in the
overall development of our country.
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