INSTITUTE OF BUSINESS MANAGEMENT
The Institute puts emphasis on research and publishes Pakistan's only business policy and research journal The Pakistan Business Review.
May 22 - May 28, 2006
The Foundation for Higher Education was established as a non-profit institution in 1994 by a group of dedicated citizens of Karachi and was registered under the Societies Act of 1860. The Foundation emphasizes dissemination of quality education through setting up a management university to serve trade, industry and commerce by producing highly competent and talented business executives.
In January 1998, a bill was unanimously approved by the Sindh Provincial Assembly for establishing a University known as the Institute of Business Management in the private sector. At present, the Institute has established its three constituent colleges, the College of Business Management (CBM), the College of Computer Science & Information Systems (CCSIS) and the College of Economics & Social Development (CESD). The College of Business Management (CBM), is the first constituent college of the Institute which became operational in 1995.
Governor Sindh is an ex-officio Patron and a former Governor, Mr. Ashraf Tabani is the Chairman of the Board of Governors of the Institute and also its Chancellor. The other members of the Board are:
Chairman, Higher Education Commission
President, Federation of Pakistan Chambers of Commerce & Industry
President, Karachi Chambers of Commerce & Industry
President, Karachi Stock Exchange
Secretary Education, Government of Sindh
Mr. Shahjehan S. Karim, President Foundation for Higher Education
Mr. Abdul Ghaffar Adamjee
Mr. Basheer Janmohammad
Mr. Aftab Ahmed Khan
Mr. Justice (Retd) G. H. Malik
Mr. S. M. Muneer
Mr. Jahangir Siddiqui
Mr. Mazharul Haq Siddiqui
The Institute through its College of Business Management (CBM), offers BBA (Hons) and MBA programs with specialization in Marketing, Finance, Human Resource Management and Management Information Systems. Innovative Masters degree in Health & Hospital Management and Pharmaceutical Administration has also been introduced. A research degree, an M.Phil is also offered in Finance, Human Resource Management, Marketing and Management Information Systems.
A four years Bachelor of Computer Science (Hons.) and a two years Master of Computer Science program is offered through the College of Computer Science & Information Systems (CCSIS). The College of Economics and Social Development offers pre-university programs in commerce and general sciences and has developed Honors programs in Economics, Finance, Mathematics, Statistics, Accounting, Media Management, Advertising & Communication Studies and Engineering Management. Preparations are well advanced for launch of programs in Urban & Environmental Management; Transportation; Telecommunications; Industrial and Construction Management.
Students and faculty contribute regularly to its pages. A research seminar is organized on weekly basis. The Institute is the only business school where foreign language courses in Arabic, French, Spanish or German are compulsory subject in the BBA, BCS and BS programs. The Institute has a competent and dedicated faculty with the majority holding foreign degrees.
The Institute's academic programs are modern and comprehensive in concept and structure. They broadly resemble honors programs offered by UK and US Universities. It has extensive links with North American and British Universities. Professors from these universities have served as Chief Academic Officers of the Institute.
The present Dean of the College of Business Management has served as Deputy Governor and Chief Economist of the State Bank of Pakistan and the Dean of the College of Computer Science and Information Systems served as an Associate Professor of an accredited university in the USA for over eight years.
So far more than 1000 students have graduated from the Institute. Most of them are placed in key positions in leading national and multinational firms including Citibank, ABN Amro, Engro, Berger Paints, Standard Chartered, IBM, ICI, Smith Kline & Beecham, Aga Khan University Hospital and Karachi Stock Exchange. Many graduates have proceeded for their post-graduate program to reputable universities in UK and USA. Harvard and NYU have accepted our graduates in their Ph.D. and Masters programs. More than 150 students go for compulsory internships every summer to national and multinationals organizations.
The Business Support Centre (BSC) of the Institute mobilizes professional education, training and research programs for serving the corporate sector to enhance both its profitability and contribution to the society. Support is provided in the areas of banking and finance, marketing, human resource development and information systems management.
In April 2003, the center organized a well attended National Industry Conference focusing on automobile, pharmaceuticals, sugar and textile sectors. The Conference was inaugurated by the Federal Finance Minister. Plans are underway to make the National Industry Conference an annual event.
The Institute has come a long way since 1995. Students on campus exceed 2500 and is on a large- purpose built campus at Korangi Creek on an 9 acre site. The Business College building with a covered area of 57000 sq. ft. has been equipped with state of the art teaching equipment to enable the Institute to keep pace with the dynamic movement of the global market.
All classrooms are equipped with access to the Internet and Intranet. All campus buildings are centrally air-conditioned and are self financed with no outside assistance or donation. A separate modern Administration and Business Support Centre building, with a covered are of 20,000 sq.ft. is operational and another building with a covered area of 22,000 sq.ft. is home to the College of Computer Science & Information Systems. A Convocation Centre was constructed in October 2002 and a Student Activity Centre building was completed in August 2003. A five storey Library building is functional since January 2005.
Construction of a 100,000 sq. ft. building to house a School for talented children is under way, Intermediate and 'A' level classes have already commenced. Future plans include construction of a building to house the College of Economics & Social Development, College of Engineering Management and the College of Environment & Urban Development.
At the Institute's fourth convocation in December 2001 an Honorary degree of Doctorate of Philosophy was conferred upon Dr. Nafees Sadik, former Executive Director, United Nations Population Program and at the fifth convocation held in December 2002 an Honorary degree of Doctorate of Philosophy was conferred on Mr. Babar Ali, Pro-Chancellor, Lahore University of Management Sciences (LUMS).
The sixth convocation was held in December 20, 2003 with Dr. Atta-ur-Rahman, Chairman, Higher Education Commission and Minister for Science & Technology as the Chief Guest and Ms. Musharaf Hai, Chairperson, Unilever Pakistan Limited as the key-note speaker. The seventh convocation was held on December 18, 2004 with Governor Sindh, as the Chief Guest and Mr. Hameed Haroon, Chief Executive Dawn Group of Newspapers as the key note speaker.
Over 300 students were awarded BBA (Hons), BCS (Hons), BS (Accounts), MBA and MCS degrees at this convocation. The eighth convocation was held on December 17, 2005 with Minister for Education, Sindh as the Chief Guest and Mr. Syed Ali Raza as the keynote speaker. Over 400 students were awarded degrees at this convocation.