HAILEY COLLEGE OF BANKING & FINANCE

UNIVERSITY OF THE PUNJAB, LAHORE.
PROF. DR. KHAWAJA AMJAD SAEED*
Email: kamjadsaeed@yahoo.com

Dec 01 - 07, 2008

(PIONEER INSTITUTION IMPARTING EDUCATION IN THE DISCIPLINES OF BANKING, INTERNATIONAL TRADE, FINANCE AND INSURANCE & RISK MANAGEMENT)

OUR MISSION

To produce highly skilled professionals and leaders for Financial and Corporate Sector.

OUR STRATEGY

To impart practical orientation of academics to develop target and result oriented executives for the Financial and Corporate Sector.

THE COLLEGE (HCBF)

Human Resource Development is a continuous process and with the growth and diversification of the Corporate Sector, there was a dire need to establish an educational institution to meet the challenges of expanding Corporate and Financial Sectors. In cognizance of this national cause, Hailey College of Banking and Finance was inaugurated on March 26, 2003 as the Fifth Constituent College of the University of the Punjab. Upon its inception, the College has been offering degree programs in the discipline of Banking, Finance and International Trade.

In its endeavor to produce highly skilled professionals, the College developed market driven a curriculum to enhance perception of the students, adopted a methodology to improve understanding and thus produce professionals who have qualities to perceive and diagnose the practical problems and also suggest remedial course by dedicated team produce market oriented graduates. Accordingly the educational programs launched by the Hailey College of Banking and Finance were well appreciated by the stakeholders.

The contributions of alma mater in human resource development attracted yet another industry witnessing dearth of qualified and highly skilled professionals i.e. the insurance industry.

On their initiative, the College launched new academic programs in the discipline of Insurance and Risk Management. After a rigorous exercise the Curriculum was developed and the successful placement of our first batch of MBA's in the discipline of Insurance and Risk Management manifests the depth of knowledge imparted to the students.

OUR PROGRAMS

The College, at present, is offering the following degree programs separately in the discipline of Banking and Finance and Insurance and Risk Management:

1. BBA (Hons.) Four Years Program.
2. MBA Two Years Program (4 Semesters).
3. EMBA Two Years Program (5 Semesters).

More than eighteen hundred students are enrolled in different semesters of the degree programs in the College.

COURSE MIX

To make our educational programs multi facet and to broaden the vision of our students the course mix of our educational programs is a blend of courses in the disciplines of Management, Marketing, Economics, Law, Accounting, Banking, International Trade, Insurance and Risk Management.

BRIEF REVIEW OF PROGRAMS

(1) BBA (HONS.)

BBA (HONS.) Four Years degree program is offered to the students after twelve years of education. The program is spread over Eight Semesters. The students have to complete forty subjects and two workshops on personality development and grooming. The course work is completed during 8 semesters and is for 127 credit hours which is more than the required international standard.

(2) MBA (MORNING)

MBA Two Years Morning Program is offered to the applicants who have completed minimum fourteen years of education. The program is spread over four semesters and students have to complete 22 subjects. The students enrolled in the discipline of Banking and Finance are offered specializations in the area of (i) Banking (ii) Finance and (iii) International Trade, while the students enrolled in the program of Insurance & Risk Management undergo a rigorous work and acquire knowledge in eleven subjects in the area of Management, Accounting, Marketing, Finance and Business Communication. Eleven insurance related subjects lay a vital role to produce an Insurance Executive well versed with the practice of Insurance Industry. To develop a proactive approach in the future executives the MBA students have to complete a 6-8 weeks internship with Banks, Financial institutions, Insurance Companies, Brokerage Houses and Corporate Entities. They also have to submit an internship report based on their learning and field experience. Appropriate Grade is awarded after internal evaluation. The total program has a weightage of sixty six credit hours.

(3) EXECUTIVE MBA (EMBA)

Personal development is the desire and right of every human being. To enable the working executives to acquire professional education, a Two Years (Five Semester) educational program in the discipline of Banking and Finance and Insurance & Risk Management is offered. The enrolled students have to complete 21 courses. Total credit hours are 80. One year executive level experience is a prerequisite for admission to EMBA Program. Therefore hence internship is not required.

ADMISSION CRITERIA

Admission criteria as specified by the University of the Punjab is followed for admission to merit, reserved and self finance seats in the Morning Programs. Self Finance or Reserve Seats are not available in the EMBA Programs.

LEARNING APPROACH

Teaching is based on semester system. An optimal pedagogy with participatory teaching, class discussions, sharing of experiences, field visits, syndicate work, case analysis and problem solving sessions are followed.

LEADERSHIP LECTURE SERIES

To keep the students abreast of current developments in the profession and to enable them to share knowledge, wisdom and experience of the leaders of profession, industry and financial sector, the College invites prominent professionals to impart knowledge to the students.

LIAISON WITH FOREIGN ACCREDITED UNIVERSITIES

The College, through University, is pursuing the case for collaboration with some Foreign Chartered Universities of excellent repute in UK. As soon as the MOUs are signed, the students will be given an option to study abroad after having studied courses in the semesters in the College and remaining semesters in any University of their choice abroad. The Chartered Insurance Institute of UK has already granted exemptions to our MBA (Banking and Finance) degree holders in Management, Economics and Finance related subjects in their Associate Programs. We expect more exemptions for our MBAs in Insurance & Risk Management. This case is under negotiation.

REWARDS

The leading insurance companies have sponsored gold medals for students who attain positions in different educational programs. The College is establishing contracts with different corporate entities and Financial Institutions for similar sponsorship in the discipline of Banking and Finance.

FUTURE OUTLOOK

We, at Hailey College of Banking and Finance, are committed to work with zeal and vigor to covert our alma mater into a Centre of Excellence where eminent scholars from different parts of the world will come and deliver lectures. Proposal for construction of new academic block is under implementation and upon completion, professional studies for CII (UK) and CFA shall commence besides short courses to meet the requirements of local entrepreneurs will be also be introduced.

ACCOM0LISHMENTS

Students of Hailey College of Banking & Finance have won laurels in different Co-Curricular activities and sports events.

PLACEMENTS

The graduated MBAs in the discipline of Banking & Finance and Insurance & Risk Management have been well received by the Financial Institutions, Banks, Insurance Companies and Corporate Sector. Employment ratio is al most 100%. The graduated EMBAs have been elevated to next higher positions as the education acquired by them has enabled them to shoulder higher responsibilities.