S.KAMAL HAYDER KAZMI,
Research Analyst, PAGE
Oct 31 - Nov 6, 2011
Lahore University of Management Sciences (LUMS) is a world class academic institution with a proud history of achievement and ambitious plans for the future.
The idea of establishing this institution took root in the mind of pro chancellor Syed Babar Ali, who is the guiding spirit behind the institution. Because of his hard efforts and patronage of the business community, academia and representatives of the government sprang up what was to become one of the leading universities of South Asia.
With support of ten of the leading public and private sector corporations of Pakistan, the national management foundation (NMF), the sponsoring body of the university, was incorporated in 1984.
The NMF was granted a charter by the government of Pakistan for establishing the university in March 1985. Through this charter, the university was given the legal right to establish degree-granting programs.
In addition to this, the government also granted authorization to set up other schools under the aegis of the LUMS.
The board of governors of NMF raises the necessary funds for the university's operations. All land and university buildings are owned by NMF. Many members of the board of governors of NMF are representatives of the business community and form a crucial link between the university and the corporate world.
The principal functions of the board are to set broad policy guidelines and review the operations of the university, which functions on no profit and no loss basis.
The LUMS MBA program is world-class in standards and based on the case methodology of teaching, which is the distinctive quality of the program.
The BSc (Hons) program was started in 1994. In 1996, to administer the undergraduate programs, the school of arts and sciences was formed.
The program initially offered majors in economics and computer science only but in the ensuing years many specializations have been added namely social sciences, mathematics, accounting and finance.
In 2002, a five year, integrated, BA-LL.B degree was launched by the school of arts and sciences.
Recently, to counter the scope and diversity of the increased programs and departments two schools have been established. The school of humanities, social sciences and law was established to oversee the social sciences, economics and law departments, and the school of science and engineering was established to oversee mathematics, computer science, physics, chemistry, biology and electrical engineering programs.
The university also initiated masters programs in economics, computer science and computer engineering. In addition, it also offers a wide array of executive courses through the Rausing executive development centre, which was established with support from the Rausing family of Sweden.
LUMS also initiated PhD programs in computer science, computer engineering and mathematics in line with its aim to promote research in the country. To date, seven candidates have obtained PhD degrees in these disciplines. In 2006, a PhD in management was added to the list of doctoral programs at LUMS.
The university offers a large number of financial assistance opportunities to undergraduate and graduate students, based on need and merit or usually a combination of financial aid and loan, tuition waiver and work compensation. Presently, out of the total 2742 enrolled students (returning classes), 853 are getting full or partial financial aid, 319 are admitted through national outreach program and 1570 are self-supported. To-date, the total financial aid disbursed by the university is Rs1.2 billion approximately. Of over 2700 students, almost 50 per cent are on some form of financial aid.
LUMS has a beautifully landscaped campus, spread over 100 acres, with world class facilities. The campus is equipped with all modern facilities easily accessible to students and has been carefully planned to create an environment conducive to learning. The academic block, designed by the renowned architect, Habib Fida Ali, is a two storied building spreading over an area of 150,000 sq ft. Currently, the classes for SSHL and SDSB are conducted in the academic block.
The recently constructed, five tiered building, housing the school of science and engineering stands tall on a covered area of 300,000 sq ft. The building is partially in use.
The Gad & Birgit Rausing library offers advanced systems and technologies and a wide array of user empowered services. This library allows free and secure access to library catalogues, user accounts and campus-wide access to its full text resources through a web interface called iPortal. Through this, members can manage their library accounts and keep tabs on circulation activities including renewals or reservations of circulated items.
The information system and technology (IST) is designed to provide a wide-ranging computing environment that would cater to the needs of students, faculty and staff.
To accommodate the student body, the university offers quality housing facilities in the form of six male and three female hostels. The girls' hostel has a capacity to house 414 students in three wings, with 207 rooms accommodating two occupants per room. The boys' hostel has 583 rooms with two occupants per room, which makes accommodation capacity of 166 students in six wings.
The LUMS faculty is offered modern residential facilities on campus in the form of seven faculty residential blocks providing high quality 1-3 bedroom apartments. The Syed Maratab Ali sports complex in the university offers the ideal environment to carry out numerous sporting activities like tennis, squash, gym, football, volleyball, cricket, basketball etc.