Shama Ahmed, is associated
with Pakistan's most prestigious educational organization, the
Institute of Business Administration (IBA) as one of the faculty
members, having her major in Finance.
By AMANULLAH BASHAR
May 06 -12, 2002
She says teaching is her passion and she has joined
the profession not for the sake of doing jobs but as a challenge. The
passion is to produce strong hands in the form of IBA graduates for
developing a strong base of the national economy. Before joining IBA,
she also served as the senior lecturer (Finance) at the College of
Business Management (CBM), Karachi.
Shama Ahmed did her Masters in Commerce from the
University of Karachi in 1992 and carries the distinction of first
Class- iii to her credit.
As a professional in the field of Finance, Shama
also did analysis work for some leading organizations like IDBP and
AlBaraka Bank, analysis of Corporate Finance in Pakistan: Review of
Case Studies prepared by LUMS on the request of Oxford University
Press. Her published research papers are including "Leverage and
Profitability in Pakistan Cement Industry" and "Evaluation
of Brokerage Houses in Pakistan". Shama is also an active member
of Pakistan Business Review Forum.
PAGE: IBA is a
place where the majority of the best students come from all over the
country to take higher education. It must be an easy going to teach
such a nice cluster of intelligent students. Would you like to
There is no doubt in saying that the strength of IBA is in its
students who certainly are the best. But it is not an easy job to
teach the intelligent people. They always have questions and counter
questions. It calls for extremely careful handling to satisfy the
inquisitive minds. Hence a teacher has to take extensive home work to
be fully prepared to face the volley of questions from the student
side, However, it thrilling and gives job satisfaction when you get
the proper feedback from the students.
PAGE: Being a
financial expert, what would you suggest to improve the lot of common
man in Pakistan.
The answer lies in just and equitable distribution of the available
resources. Unfortunately, most of the time people at the helm of
affairs were not sincere. They worked for the personal gains rather
than the betterment of the common man. Although Allah Almighty has
gifted this country with enormous resources but the disparity in
equitable distribution of resources is the root cause of the problem.
Human Resource development is another area which requires more
emphasis to overcome economic problems of the country. Although the
country is not short of skill manpower and professionals of high
caliber, yet majority of the educated people leaves this country
obviously for better prospects. We will have to check this brain drain
phenomenon by offering attractive incentives to retain the educated
youth with in the country. It is unfortunate that our professionals
are being utilized by other developed nations for their own economic
goals due to lack of opportunities and incentives. If the country has
to match the global pace of economic growth we would have to provide
level playing field to our educated youth so that they prefer to stay
at home instead of going abroad to make fortunes. Otherwise no amount
of patriotism can stop them from going abroad if the economics were
not made attractive for them.
PAGE: Would you
like to comment on the current economic situation of the country,
especially the financial side after the events of September 11.
Obviously, the financial strength of the country is much better than
what it was in the pre-September 11 scenario. Our reserves have gone
up to around $6 billion, it is for the first time that the country has
a surplus in balance of payment while the economy has also got a
breathing space in terms of debt servicing due to successful
rescheduling and effective fiscal discipline. All these achievements
can however be described as the price for the sacrifices the country
has made on September 11. The government has moved wisely in
accordance with the global situation.
PAGE: You were
talking about human resource development, what contribution your
organization has made specially for the poor youth who have the talent
and brain but are unable to study in reputed organizations like IBA
obviously due to financial constraints.
Situation is not like this, she took a pause for a second and cited an
example of a poor but intelligent guy from Lahore who was given 100
per cent scholarship to carry out his studies in IBA, she came out
with a smile on her face. Although the situation is not ideal for the
poor especially for higher studies, yet it is not so bad as is being
painted by the critics. However, she agreed that society would have to
do a lot more in order to spread the light of education to the grass
root level. This will ultimately benefit the entire nation, she
PAGE: What are
your goals and ambitions in future?
"The target, which I am determined to hit, is to complete my
Ph.D.", she said firmly, and added that she is working in that
direction and may proceed abroad for the purpose in the days to
come", she observed with a sense of confidence.