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INSTITUTIONS PROFILE

IBA CONVOCATION

By AMANULLAH BASHAR
April 22 - 28, 2002

Really, it was a feast to the souring eyes to see the glow of success on the faces of the successful graduates, their parents and the pride taking faculty members at the convocation ceremony held after a gap of over two years at the sprawling lush green lawns of the Institute of Business Administration recently.

Presided over by the governor of Sindh Mohammad Mian Soomro, the patron of the Institute, over 1300 graduates of three different batches were decorated with Masters and Bachelors degrees.

The US Consul General at Karachi John K. Bauman also graced the occasion as the chief guest of the ceremony.

Previously, the students of morning and evening sessions of the IBA used to hold graduation ceremonies at the main campus as well as the city campus respectively, this time the convocation of the two campuses was held jointly by the IBA administration.

Besides conferment of degrees to the successful graduates, the highlight of the occasion was an honorary doctorate degree in Business Administration which was awarded to one of the former directors of the IBA namely Dr. I.A. Mukhtar.

The governor of Sindh also gave away the gold medals and shields to about 30 graduates for distinction in academic performance.

The governor of Sindh who air dashed from a referendum meeting held in the interior of Sindh for the convocation also availed of the opportunity to apprise the audience including teachers, students, parents and representatives from various walks of life about measures and policies of the government.

Highlighting the achievements and the dynamic economic policies of the government, the governor asked the audience to support for the presidential referendum of President Pervez Musharraf to be held on April 30.

Soomro was of the view that positive results of the referendum would strengthen economic stability in the country. Support to the President would bring in more investment in the country and accelerate the pace of industrial development and ensure consistency of the good decisions and policies initiated by the present government.

The governor expressed the hope that students of IBA would uphold the reputation of their alma mater while entering into their professional life. He advised the students to exercise their good influence over society to create a tolerance, patience and our traditional social and human values in the society.

Speaking on the occasion Dr. Javed Ashraf director IBA recalled various reforms and measures he introduced during his tenure and said with a sense of achievement that it was for the first time that many Ph.D. degree holders were inducted as the permanent members of the IBA faculty.

It may be noted that Dr. Ashraf's tenure is till June 30 this year.

Paying glowing tributes to what he called the dynamic leadership of the present government, Dr. Javed Ashraf described the economic agenda of the president as the ray of hope for this country.

Recalling the economic crisis faced by the country, he said that the present government took over the charge at a time when the economy was in a total mess and was forced on the verge of financial collapse. The foreign exchange reserves were declined to the level of even less than one billion dollar. However, when the present regime came in, the reserves have gone over 5 billion and expected to reach the mark of $7 billion at the end of the current financial year as has been indicated by President Musharraf.

Talking about the improved health of the economic indicators, Dr. Ashraf said that while the Dow Jones in the United States is struggling to stay above the 10,000 mark and the Nasdaq continues to be 60 per cent off its high, the stock market in Pakistan has been performing at the best level all over the world.

IBA, he said, was known as an institution reluctant to hire Ph. Ds on its full time faculty. Now it has hired 10 Ph.D. on its faculty during last one year and at least three more are likely to join by August, he added.

The US Consul General; John K Bouman who represented his country's Ambassador to Pakistan at the convocation said that inter-action and relationship between IBA and similar institutions in the United States should be improved and promoted.

Those who were awarded Dr. I. A. Mukhtar, Gold Medal for their overall highest Grade Point Average (GPA) include Farheen Asif (MBA Morning 1999), Aneela Ahsan Channa (MBA Executive 2000) Asim Junaidi (BBA Morning 1999), Humna Zeeshan (BBA Morning 2000) Athar Feroze (MBA Executive 2001) and Tania Kassim BBA MIS 2001.

First position holders of different programs who were awarded shields at the convocation were Farheen Asif , Amna Hassan, Sabrina Janice Pinto, Umaima Sohaib, Aneeza Haider, Aneela Ahsan Channa, Athar Feroz, Seham Husain, Ahmed Ali Siddiqui , Faiza Asim, Ahmed Shakil, Ali Azmat Jaffri, Shariq Badar, Humaira Vawda, Ambarin Mohammed, Asim Junaidi, Humna Zeeshan, Shabnam Noorali, Gul Waqar Ali, Tasneem Shabbir, Julius Pinto, Tania Kassim, Zainab Dadabhoy and Fareeha Fatima.