Institute of Business Administration, Karachi

This article is about the business school in Karachi. For similarity named institutions, see Institute of Business Administration.

Institute of Business Administration, Karachi

Motto	Leadership and Ideas for Tomorrow
Type	Public
Established	1955
Dean	Ishrat Hussain
Academic staff	165^[1]
Students	4299^[2]
Location	Karachi, Sindh, Pakistan
Affiliations	CFA, SAQS
Website	www.iba.edu.pk

The Institute of Business Administration (IBA) is a business school in Karachi, Pakistan, established in 1955 in collaboration with the Wharton School of the University of Pennsylvania, the first business school in South Asia set up on the US-MBA model. T In 2014, HEC ranking declared it to be the best business school in Pakistan.The IBA was the first business school in asia to start a Master in Business Administration

It started as a business school within the University of Karachi, however today IBA's status was elevated to become an independent, degree-granting institution in Pakistan in 1994 when it received a charter from the Sindh government. In 2011, the Institute of Business Administration joined a group of seven other top business schools in South Asia, six from India and two from Pakistan when it was awarded the coveted certification by the South Asian Quality Assurance System (SAQS).^[3]

IBA has expanded into several other disciplines including in computer science, economics and mathematics. It programs are affiliated with 15 institutions world over, which include Babson College, Indian School of Business, S. P. Jain Institute of Management and Research and Northwestern University. It alumnus include Pakistan's current President Mamnoon Hussain, former Prime Minister and Citi Bank Director Shaukat Aziz, Sarfaraz K. Niazi and Asad Umer. The university is currently headed by Ishrat Hussain.

History

IBA is the brainchild of Mehmood Qadir (M.Q.), established in 1955 by the Wharton School of the University of Pennsylvania. The United States Agency for International Development (USAID) sponsored the program and approached the Wharton faculty to establish a business school in Karachi, Pakistan.

The IBA offered post-graduate programs only for day scholars. In 1957, an evening program in graduate studies was started to cater to the needs of working executives and managers who were interested in furthering their careers through part-time business studies. In 1982, a three-year Bachelor of Business Administration (BBA) (Honors) program was introduced; this was upgraded to a four-year program by the President Pervez Musharraf administration. The institute's graduate program offering includes executive Master of Business Administration (MBA) for banking and financial services professionals, corporate managers, and public sector executives. These programs require work experience in the industry, resulting in a high average age of the class – upwards of 30 years. Till 1994, the University of Karachi awarded degrees to the graduates. In that year the Sindh Assembly elevated the institute's status to that of a degree-awarding institution.

The Center for Computer Studies (now referred to as the Faculty of Computer Science) was established in 1983 with the collaboration of IBM, Pakistan. It offered a diploma in systems analysis. It now offers BBA (MIS),BS (Economics and Mathematics), MBA (MIS) and BS (Computer Science, Software Engineering, Information Technology), MS (Computer Science, Software Engineering, Information Technology), and Ph.D. programs. In addition, a Ph.D. program in MIS/Computer Science and Engineering/ICT was launched in August 2005. The Ph.D. degree has been expanded to include Operations Research, Artificial Intelligence, Cryptography, Numerical Analysis and Numerical Computing. The Center for Computer Studies is ranked number 1, according to the Higher Education Commission rankings.^[4]

When established the university had its only campus, called University campus, at Karachi University. Later another campus, known as City campus, was established for evening studies. City campus now holds morning and evening classes.

In 2006 the Institute of Business Administration was granted 50 acres (200,000 m²) of land by the Sindh Government for the development of an Education City in Karachi.^[5] The Tabba foundation in Pakistan donated the institute Rs.120 million for upgradate of facilities on the IBA campuses.^[6]

The United States government and the IBA are to establish a centre for entrepreneurship at the school to support new businesses, help create Pakistani enterprises and link students with private sector venture capitalists.^[7]

IBA has also started its Entrepreneurship Development Program ^[8] in collaboration with Sindh Board of Investment.^[9]

Faculty

Dr Ishrat Husain, former governor of the State Bank of Pakistan (SBP), is the dean and director Institute of Business Administration.^[10]

Affiliation

IBA was accredited by the South Asian Quality Assurance System (SAQS) in 2011.^[11]
Member of the European Foundation for Management Development.^[12]
CFA University Partner and the first university in Pakistan to be granted that status by the CFA Institute.^[13]^[14]

Notable alumni

This is a partial list of notable alumni of Institute of Business Administration, Karachi.

Mamnoon Hussain, President of Pakistan, a textile businessman, and senior figure of Pakistan Muslim League.
Shaukat Aziz, former Prime Minister of Pakistan. He has also had a distinguished career at Citibank
Irfanullah Khan Marwat, former Provincial Minister of Sind, is a senior Pakistani politician.
Asad Umar, ex-CEO Engro Corporation, politician and Member National Assembly from Islamabad
Abdul Quayyum Khan Kundi, ex-president Pakistan Chamber of Commerce USA, businessmen, columnist
Sheheryar Munawar Siddiqui
Abbas Hashmi, founder of Green Card Capital and investment banker
Mahira Khan, Pakistani Actress
Quentin D’Silva, former Chairman & Chief Executive, Shell Pakistan Limited

References

↑ :: History ::. Iba.edu.pk. Retrieved on 2011-05-22.
↑ :: IBA Students
↑ PPI, PPI (26 August 2011). "Achievements : IBA certified by South Asian System (Karachi city)". Express Tribune. Retrieved 26 August 2011.
↑ Archive. 13 November 2005. Dawn. Retrieved on 2011-05-22.
↑ Archive. 19 November 2006. Dawn. Retrieved on 2011-05-22.
↑ Tabba Foundation. IBA (9 October 2009). Retrieved on 2011-05-22.
↑ IBA, US join hands for new business. Pakobserver.net. Retrieved on 2011-05-22.
↑ Archived 24 December 2012 at the Wayback Machine
↑ Sindh Board Of Investment, Government Of Sindh. Sbi.gos.pk. Retrieved on 2013-08-03.
↑ Archive | 29 July 2008. Dawn.Com. Retrieved on 2011-05-22.
↑ http://tribune.com.pk/story/239621/achievements-iba-certified-by-south-asian-system-karachi-city/. Missing or empty |title= (help)
↑
↑ CFA Program University Partners. Cfainstitute.org. Retrieved on 2013-08-03.
↑ The only CFA accredited university of pakistan. Paklinks.com (2009-04-28). Retrieved on 2013-08-03.

External links

Institutions and colleges affiliated with IBA Karachi

COMMECS Institute of Business and Emerging Sciences Pakistan Navy School of Logistics and Management

Business schools in Pakistan

Azad Kashmir

Kotli	University of Management Sciences and Information Technology

Mirpur	Mirpur University of Science and Technology

Balochistan

Kech	University of Turbat

Quetta	Balochistan University of Information Technology, Engineering and Management Sciences

Islamabad

Khyber Pakhtunkhwa

Peshawar	Abasyn University CECOS University of Information Technology and Emerging Sciences Gandhara University Institute of Management Sciences (Peshawar) Sarhad University of Science and Information Technology Shaheed Benazir Bhutto Women University

Other	Abdul Wali Khan University Mardan COMSATS Institute of Information Technology (Abbottabad) Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (Swabi) Hazara University (Mansehra) Qurtuba University (D.I. Khan) University of Haripur (Haripur) University of Swat (Swat)

Punjab

Lahore	Bahria University COMSATS Institute of Information Technology Global Institute, Lahore Hailey College of Commerce Hajvery University Imperial College of Business Studies Institute of Management Sciences (Lahore) Lahore College for Women University Lahore School of Economics National University of Computer and Emerging Sciences The Superior College University of Central Punjab University of Education University of Engineering and Technology, Lahore University of Lahore University of Management and Technology, Lahore University of the Punjab University of Veterinary and Animal Sciences

Rawalpindi	Pir Mehr Ali Shah Arid Agriculture University COMSATS Institute of Information Technology (Wah) University of Wah (Wah Cantonment

Other	Bahauddin Zakariya University (Multan) COMSATS Institute of Information Technology (Attock) GIFT University (Gujranwala) National Textile University (Faisalabad) University of Sargodha (Sargodha)

Sindh

Karachi	Bahria University DHA Suffa University Dow University of Health Sciences Greenwich University, Karachi Indus University Institute of Business Administration, Karachi Institute of Business & Technology, Karachi Institute of Business Management Iqra University Jinnah University for Women Karachi Institute of Economics and Technology KASB Institute of Technology Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology Sindh Madrasatul Islam

Other	Isra University (Hyderabad, Sindh) Shah Abdul Latif University (Khairpur) Shaheed Benazir Bhutto University (Shaheed Benazirabad) Sukkur Institute of Business Administration (Sukkur)

Colleges and universities in Karachi

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