Mar 12 - 18, 20

Karachi School for Business & Leadership (KSBL) is the one and only education institute in the world, which is being set up in collaboration with the UK's famous Cambridge University.

It is interesting to note that the century old Cambridge University had never entered into any affiliation or collaboration with a foreign university.

It may be the inspiring personality of Hussain Dawood, Chairman Karachi Education Initiative, that helped him to get into an arrangement with the university.

Recently, Dawood N. Ghaznavi, Associate Dean of KSBL accompanied by Humayun Javed Khan, head of marketing & communication in a press briefing said that the idea of establishing KSBL was to produce world class graduates and leaders with a focus on personality grooming of the young leaders who can serve the nation with a difference.

Ghaznavi said that the International Advisory Council is the apex supervisory body for the KSBL, which would be concerned with strategic development and its moral, intellectual, and financial endowments.

The council is chaired by Prince Hassan Bin Talal of Jordan. Besides prince Talal, the council will consist of individuals from across the globe, renowned for their accomplishments in their chosen fields. They will act as patrons of KSBL under the guidance of prince Talal.

Aspiring to become a world class institution for business learning and to redefine the role of leadership in business, the KSBL aims to inculcate moral and social sustainability as well as initiating a transformation in the leadership culture across the region.

The state-of-the-art school building is almost in the finishing stage in Karachi opposite Liaquat National Hospital, where admission process already begun to go into academic session from September 2012, said Ghaznavi. The faculty of the school is comprised of PhDs to teach about 24 courses for MBA degree.

One of the prominent features of the KSBL is that it has some of the world's finest academic minds helping to develop its programs.

Karachi Education Initiative has entered into an agreement with the Global Business School Network to establish International Advisory Board. The IAB is constituted of eminent scholars from Duke, INSEAD, London Business School, and MIT, amongst others. These advisors guided KSBL from its inception, providing their expert opinion on all aspects of establishing an excellent business school. They contributed to the design of the MBA program and were instrumental in helping to set the strategic priorities of KSBL.

At the domestic front, the KEI Board of directors hail from leading business houses of the corporate sector which comprised of Husain Dawood, Mueen Afzal, ex-Secretary General Finance and Economic Affairs, Government of Pakistan, Atif Bokhari President UBL, Aqeel Karim Dhedi, Chairman Oil and Gas Investments Ltd., Arif Habib Chairman Arif Habib Corporation, Hasan Irfan Khan, Member Board of Trustees, Asifa-Irfan, Dr. Ataur Rehman, Coordinator General Comstech,

Munawar Alam Siddiqui, Chairman Mahvash and Jahangir Siddiqui Foundation, Muhammad Ali Tabba, CEO Lucky Cement, Asad Umar President Engro Corporation, Syed Shabbar Zaidi, Senior partner A.F. Ferguson, and F. Robert Wheeler CEO Karachi Education Initiative.

Elaborating the idea of establishing KSBL such a prestigious level, Ghaznavi said the school has embraced the challenge of creating a substantial leadership and managerial capacity for Pakistan.

As a truly world class institution, KSBL will strengthen Karachi's credentials as a dynamic financial centre and a vital regional commercial hub.

For the past generation, business education has played an extremely influential and pervasive role in shaping the global economy in a positive way. Pakistan has committed comparatively fewer resources to quality business education, resulting in under investment and inconsistent standards in this sector.

KSBL will be a significant force in redressing this imbalance, uplifting business and management education to bring the country at par with its peers, Ghaznavi said in firm tone.

The project has been initiated with a non-profit approach, yet it has a plan to become self-sustaining within five years of operations and raise a permanent endowment of $50 million for merit scholarships, endowed chairs and research grants to enable future expansion on a self-funded basis.

The faculty hired at respectable package would be divided into two sections i.e. teaching and the other exclusively responsible for research. When asked the utility of research in our society as the valuable research done by other institutions were never put to good use through its application, Ghaznavi with confident smile said that it has been ensured that application of all research work and findings for development and growth would be utilized to produce tangible results for the benefit of the society and the country.