INSTITUTE OF BUSINESS MANAGEMENT
Research Analyst, PAGE
Aug 18 - 24, 2008
Institute of Business Management (IoBM) is the only Pakistani business school with a full fledged research program. The Institute publishes the country's only business research journal, Pakistan Business Review and offers MBA finance, HRM and marketing specialists the opportunity to transfer to an MPhil program based on sponsored research. IoBM's academic programs are modern and comprehensive in concept and structure. They broadly resemble honors programs offered by US universities. IoBM has four departments i.e. College of Computer Science & Information Systems Programs (CCSIS), College of Economics and Social Development (CESD), College of Business Management (CBM) and Creek high school (class one to class ten). IoBM is recognized by higher education commission (HEC). The curriculum committee ensures that programs are regularly revised to keep abreast of changes in business education.
COLLEGE OF COMPUTER SCIENCE & INFORMATION SYSTEMS PROGRAMS
BS (Four Year) Computer Science
B.S (Four Year) in Financial Mathematics & Statistics
MCS (One Year)
MCS (Two Year)
MBA after BS (Four Year) Computer Science
B.S (Four Year) Industrial Engineering & Mgmt.
COLLEGE OF ECONOMICS AND SOCIAL DEVELOPMENT PROGRAMS (2 YEARS)
COLLEGE OF BUSINESS MANAGEMENT PROGRAMS:
BBA (Hons) (Four Year)
MBA (One Year) after BBA (Hons)
Elective Courses for BBA and MBA
MBA (One Year) Banking Program after BBA (Hons)
MBA (Two Year) Banking
MBA (Two Year) MIS & Finance
MBA Health Management
BS (One Year) Accountancy
MS (Two Year) Accountancy
B.S (Four Year) in Economics & Finance
B.S (Four Year) in Accounting & Finance
The Institute has highly qualified permanent and visiting faculty members who hold PhD degree and Master degree from overseas and Pakistan's famous universities. A number of tasks, which are vital for the smooth running of the Institute, are being performed by the members of the administrative staff. Administration is responsible for organizing academic programs, ensuring student progress, providing adequate support facilities to the faculty and the students, and liaison with business and industry to arrange internships, ensure career development and placement of students on the completion of their degree.
Education has never been Pakistan's strong point. In Pakistan, there are basically three kinds of schools: the elite private institutions that cater to the upper class; the government run schools serving the lower echelons of the population and the Madrassah, the religious school. Private schools have become a necessity for contemporary Pakistani society since the government has failed to provide quality education for its population. A majority of parents, even those from lower income brackets, send their children to private schools so they can receive an education that will enable them to be competitive. Also, most Pakistanis want their children to learn English. Private schools offer all instructions in English while government schools offer instruction in either Urdu or the local provincial language. The feudal state of Pakistani society has prevented meaningful educational reforms from taking place and in many rural areas where the local tribal chief's word is law; schools will not function without his say so. There are many cases where chiefs will not allow any schools in their jurisdiction.
Budget allocation for education is another important issue. There is no doubt that like many underdeveloped nations, Pakistan faces financial constraints for various reasons. Still, the government allocates less than 4% of the total annual budget for education. The condition of government schools all over the country and the quality of education being imparted there are going from bad to worse, day by day. Thousands of government schools are ghost schools, existing on paper only. The buildings, mostly in rural areas, that were meant to house these schools are either falling down due to negligence or have been converted into otaqs (drawing rooms) for the local waderas (land owners). Thousands of ghost teachers have been drawing salaries from the education departments of the four provinces. They do not do any actual teaching since there are no functioning schools. They simply show up to collect their salaries on the appointed day.
Currently, the government claims Pakistan has a literacy rate of more than 50%. However, educational organizations put the actual figure at about 20%. Education ratio in Pakistan is very low because of the poverty, Since the majority of the people are very poor, they cannot tolerate the expenditure of the education, the books and other necessary things which are related with education, are not acceptable for the poor families, this is one of the biggest factors which is keeping away poor Pakistani people from the education. If government solves the basic needs of the people, the tendency of education will increase with in few years. However, there is a lot of improvement needed in this regard and for this Government as well as citizens should come forward, individually as well as collectively, in order to educate more and more people for a better and prosper Pakistan.
As far as the Professional education is concerned it is necessary for every student. In Pakistan, Professional institutes charge a high fee which is very tough to pay for every student. It is also important that every professional institute should have same professional courses and course outlines. For Pakistan, in particular education in business management, engineering and IT are simply unavoidable if we are to gain good international standing. There is so much competition between professional institutes. Therefore, IoBM faculty members should do more to improve the educational level in order to compete with other educational institutes.