INSTITUTE OF BUSINESS ADMINISTRATION
S.KAMAL HAYDER KAZMI,
Research Analyst, PAGE
Nov 17 - 23, 2008
Institute of Business Administration (IBA) has enjoyed the honor of being one of the top business schools of the country for last four decades. In IBA, Specialized executive education programs are conducted by the newly established Center for Executive Education (IBA-CEE) for professionals from the corporate world. The Master's Program offers specialization in the fields of Management, Human Resource Management, Finance, Banking, Marketing and Management Information Systems. Inspite of a rapid increase in the number of business schools, IBA has maintained its position as the premier institution of higher learning in the field of management and business administration. The IBA, Alumni have consistently maintained their position in Pakistan, as the resource of first choice for a wide cross-section of corporations, businesses and government agencies. Graduates coming out of IBA, over the last several decades have distinguished themselves as catalysts of progress for prominent private and public organizations in Pakistan and throughout the world. IBA also offers a variety of part-time programs at the City Campus in the evenings.
Doctor of Philosophy - Ph.D. MS Finance Program MS Economics Program Master of Science (Computer Science, Information Technology, Software Engineering) (Morning Programs) Master of Business Administration - Management Information Systems MBA-MIS (Morning & Evening Programs) Master of Business Administration - MBA (Morning & Evening Program) Bachelor of Science (Computer Science, Information Technology, Software Engineering) (Morning Programs) Postgraduate Diploma in Business Administration - PGD & Visiting Students Program (Evening Program) Bachelor of Business Administration - BBA (Morning Program) Certificate Courses (Evening Program) Executive Education BBA - MIS (Morning Program) Source: IBA
IBA FEE STRUCTURE DURING 2008 S.NO PROGRAMS AMOUNT (Rs) 1 CONCESSIONAL PROGRAMS BBA, MBA, MBA(MIS) RECURRING CHARGES Total Tuition Fee 30,209 Lab cum Library Charges 1,500 Students Activity Charges 2,000 TOTAL FEE 33,709 Transcript Fee (Only BBA-VIII and MBA-IV) 1,000 34,709 2 BBA, MBA, BBA(MIS), MBA(MIS), BCS RECURRING CHARGES Total Tuition Fee 75,743 Lab cum Library Charges 1,500 Students Activity Charges 2,000 79,243 Transcript Fee (Only BBA-VIII and MBA-IV) 1,000 TOTAL FEE 80,243 3 EVENING PROGRAM PGD/MBA/VISITING/CERTIFICATE DESCRIPTION ONE COURSE TWO COURSES THREE COURSES FOUR COURSES Tuition Fee 11,294 16,655 22,017 27,377 Lab cum Library Charges 250 500 750 1,000 Student Activity Charges 500 500 500 500 Total 12,044 17,655 23,267 28,877 4 MBA (MIS) EVENING PROGRAM DESCRIPTION ONE COURSE TWO COURSES THREE COURSES FOUR COURSES Tuition Fee 12,624 25,248 37,872 50,496 Lab cum Library Charges 250 500 750 1,000 Student Activity Charges 500 500 500 500 TOTAL 13,374 26,248 39,122 51,966 Source: IBA
EDUCATION SYSTEM IN PAKISTAN
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. 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.
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 don't do any actual teaching and 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.
Nowadays, Professional education 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 outline. 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, IBA faculty members should do more to improve the educational level and to compete against their competitors.