Institute of Business Administration | |
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Established | 1966 |
Type | Semi-autonomous Institute under University of Dhaka |
Director |
Prof. G. M. Chowdhury faculty = 39 |
Undergraduates | 250 |
Postgraduates | 200 |
Location | Dhaka, Bangladesh |
Campus | Urban, located at Shahbag |
Website | www.iba-du.edu |
The Institute of Business Administration (Bengali: ব্যবসায় প্রশাসন ইনস্টিটিউট) of the University of Dhaka - commonly known as IBA - is a government funded institution for business-education in the South Asian Country of Bangladesh. It was established in 1966 in collaboration with the Karachi IBA, the Ford Foundation, and Indiana University, Bloomington but is currently only affiliated with the University of Dhaka. Late Professor M.Safiullah was the founder-director of IBA. IBA pioneered Business Administration education in Bangladesh. It also pioneered Semester and credit based education system in Bangladesh.
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IBA was founded in 1966 in collaboration with Indiana University, Bloomington, USA, under a Ford Foundation Financial Assistance Program with the objective of providing professional training to provide graduate level education to students. It is widely regarded as the best business school in the country.
From its inception in 1966 until 1993, the Masters of Business Administration (MBA) was the academic program offered by IBA. In 1993, after a review initiated by Professor Dr. M Shamsul Haque (Former Director, IBA; and former Treasurer, Dhaka University), a Bachelor of Business Administration (BBA) program was added. Prior to that, in 1970s, the M.Phil and Ph.D. programs were introduced.
IBA has so far had 19 BBA batches and 45 MBA batches. In 2007, IBA introduced an Executive MBA (EMBA) program to meet the huge demand for quality education in EMBA. There are plans to revamp the BBA program (offering double majors, for example), too.
It is the first educational institution in Bangladesh to introduce semester system in contrast of year long traditional system of Bangladesh.
Institute of Business Administration, governed by the 4th Statute of the University of Dhaka, functions within the broad framework of policies, rules and regulations of the University. An 11-member Board of Governors provides the policy and administrative guidance for IBA. The Board of Governors is chaired by the Vice-Chancellor of University of Dhaka and it has the Director of IBA as its Member Secretary.
The Director of IBA is the chief administrative authority for the institution. The current Director is Professor G.M. Chowdhury
IBA has its own premises within the campus of the University of Dhaka. The four storied main building contains 65,000 square feet (6,000 m2) of floor space.[1] In addition to classrooms the premises houses a library, the administrative and faculty offices, conference room, lecture and seminar rooms, computer lab, machine room, a teacher's lounge, 2 cafeterias for students and an auditorium. IBA has an informal reading room popularly known as "Bunker" to IBA students. It is named so because the only access to it is down the library stairs. It is one of the prominent gathering place for the students at IBA. IBA cafeteria (At the ground floor of IBA building) is unique in its nature as it has no tables or chairs to sit on. People either stand beside the wall-mounted shelves or seat on the cafeteria floor to have their food. IBA Canteen, as it is popularly known, is quite famous in the DU campus for its quality food items and is a gathering place for students from all departments. The EMBA floor has a separate cafeteria.