Program Announcement 2014-2015 Milestones in the Journey of Excellence 1955 1987 2008 2011 Established as a USAID financed IBA declared as Center MS (Computer Science) - Structured Mentoring and Business School on the US MBA of Excellence by US Program launched Student Development Model. Programs commenced Government through USAID Programs started in YMCA building at Karachi with technical support from 2009 - BBA curriculum revamped the Wharton School of Finance 1990 after audit and focus group & Commerce, University of - Center for Entrepreneurship feedback Pennsylvania, USA MBA (Banking) Program Development established introduced in collaboration - BBA Entrepreneurship - Twenty Nine Student Program initiated with ANZ – Grindlays Bank. Societies for extracurricular 1956 - Responsible Citizen activities established Faculty setup in collaboration Initiative Program with the University of Southern 1993 - Executive MBA Program introduced California BBA and MBA Executive launched self-financed - STHP (Sindh Talent Hunt) Programs ( ) 2012 1957 started at City campus Program launched - BS (Economics & Evening Programs launched Mathematics) Program in graduate studies (MBA) 1994 2010 launched Received Charter and - Dean’s list and best final - Personal Effectiveness 1961 Degree Awarding Status year project awards course introduced introduced Shifted to Kandawalla - New streams (18 & 24 Building, M.A. Jinnah Road. 1998 - MS (Economics) Program months) introduced in the MBA Program Construction planned for BBA (MIS) Program introduced a campus each at Karachi introduced - IBA Corporate Leaders - MS (leading to PhD University (Main) & Garden Advisory Board formed Program in Economics & Road (City) Campus Math) launched 1999 2011 - Alumni crossed 10,000 1967 BS (Computer Science) graduates mark - South Asia Quality Program launched - Overseas Chapters of IBA Construction completed; Assurance Systems (SAQS) morning and evening classes accreditation received Alumni launched in UAE, 2002 UK, & Canada commenced at Main (1965) - First student acquires PhD & City (1967) Campuses - 4 Year Undergraduate degree from IBA - IBA Registered as respectively Education provider of Program launched (in - Student exchange & study Business Administration) & Programs with foreign Project Management Institute 1982 (in Computer Science) universities commenced 3 Year BBA (Hons) Program - Center for Executive - IBA received membership of European foundation for launched Education established 2013 Management Development - 4 year-Undergraduate - PhD (Economics) Program Program launched in (Social 1983 2004 launched Science & Liberal Arts) NTHP (National Talent Hunt) - Center for Business and - MBA (MIS) Program - 4 year-Undergraduate Program launched Economics Research launched Program launched in established - Center of Computer (Accounting & Finance) Studies established in 2005 - MBA curriculum revamped - Tier III Compliant Data collaboration with IBM, including requirement for 2 PhD (Computer Science) Center inaugurated at City Pakistan years work experience Program launched Campus 1 Contents • Vision & Profile 2 • Program Booklets • Dean & Director Message 3 Undergraduate Programs 97 • The Policy Makers 4 BBA 98 • Programs on Offer 6 BBA (Entrepreneurship) 106 • Programs of Study - An Overview 8 BS (Accounting & Finance) 114 • The Academia BS (Computer Science) 122 Associate Deans & Chairpersons 12 BS (Economics & Mathematics) 128 Full Time Faculty 13 BS (Social Sciences & Liberal Arts) 134 Visiting Faculty 25 Graduate Programs 143 Adjunct Faculty 36 MBA 144 • Courses on offer 38 MS (Computer Science) 152 Academic Calendar 2014-2015 48 MS (Economics) 154 Enhancing our Outreach 52 MS (Mathematics) 157 • Admissions Policy & Procedure 58 EMBA (Executive MBA) 160 • Rules & Regulations 64 Post Graduate Programs 165 • Facilities 71 PhD (Computer Science) 166 • Important Events & Activities (2013-2014) 80 PhD (Economics) 169 • Financial Assistance 90 PhD (Mathematics) 171 • Fee Structure 95 • Course Descriptions 173 • Our Core Values 96 • Contact Information 240 • The Karachi Edge 242 2 Vision & Profile Vision “To become a world-class business school for leadership and innovation in management” Profile As an institute, IBA is dedicated to a holistic approach to education. Year after year, it strives to provide its students with an education and experience they will never forget. Last year also witnessed the achievement of a number of milestones that continue to make IBA stronger and better. That is why IBA remains the number one choice for students. IBA has taken huge strides in the academic programs and support it offers. In 2013-14 IBA launched the Bachelors of Science Programs in Accounting and Finance and the Social Sciences. It also institutionalized the IBA Summer School, providing students more credit and training options. This year also saw the establishment of the Cowasjee Writing Center, committed to assisting students in all programs to improve their skills and performance. The initiation of the facilities in the newly built Tabba Academic Block has given students access to one of the largest computer labs on campus to facilitate research and innovation. While it offers a challenging and rigorous academic program, IBA is also dedicated to other aspects of its students’ lives. IBA students now use the facilities at the recently inaugurated Student Center giving them access to a fully equipped gymnasium, Amphitheater, cafeterias, student lounges and indoor games. Not forgetting outdoor sports, IBA students now also enjoy a tennis court, football field and cricket pitch facilities. As IBA transforms, its community becomes stronger and more cohesive. The set up of the Alumni Center is building a deeper connection with previous IBA students, providing current students support and mentor-ship. With the revamping of student housing, more students are creating lasting memories and connections at IBA. Students are now able to interact with respected faculty members from all over the world with the launch of several lecture series and the opening of a state-of-the-art faculty residence facility. Through constant innovation, perseverance and relentless pursuit of excellence, IBA truly has developed ideas for a better tomorrow. Message of the Dean & Director 3 Message of the Dean & Director 2014-15 marks the culmination of the five year Strategic Plan for IBA launched in 2009. To reiterate, the four main pillars of the strategy were: (i) Improved Governance and Internal Management (ii) Expansion of Physical Infrastructure and up-gradation of Technology (iii) Faculty Development and Quality Assurance (iv) Community Outreach With the blessings of Allah S.W.T., and the hard work of all members of the IBA community and its supporters, we have been able to accomplish most of the goals and sub-goals we had set for ourselves. In Pakistan, it is quite common to make plans and strategies for the future, but it has always been difficult to execute and reach the outcomes promised by those plans. IBA, one of the country’s leading schools of business, has demonstrated that it is possible both to design ambitious strategy and to deliver results on time. The deteriorating conditions in Karachi have not been entirely conducive: target killings, hartals, strikes, transport wheel jam, and other disturbances have all hampered the implementation of the five-year plan. We could have taken the easy way out and blamed these extenuating circumstances, using them as an excuse for not achieving our goals. But we wanted to show the rest of Pakistan that when there is a will, there is a way to get things done. You always have to create and find the space to move forward. It was by no means easy, but regular monitoring, timely actions to correct our course, and consistent oversight helped us accomplish this difficult task. I wish to thank the donors, parents, teachers, students, staff, the Board of Governors, the Higher Education Commission, and the Government of Sindh, without whose support the results of the strategic plan could not have been achieved. We have spent this past year developing a strategic plan (strategy 2020) that will take us through the next five years. It will not be easy, but I have faith that with perseverance, hard work, and the will to move forward, we will realize the objectives we set for ourselves today. Husain, Ishrat (Hilal-e-Imtiaz) HEC Distinguished National Professor (Economics & Public Policy) PhD, Boston University MA, (Dev. Economics), Williams College, Massachusetts Former CSP Officer Former Chief Economist for Africa, East Asia & Pacific Region with World Bank Former Governor State Bank of Pakistan Ex-Chairman, National Commission for Govt. Reforms, Govt. of Pakistan Chairman, Global Advisory Council on Pakistan, World Economic Forum Chairman, Board of Directors, National Academy for Performing Arts President Association of Management Development Institutions of Pakistan Member, Advisory Council, Woodrow Wilson Center 4 The Policy Makers Patron Audit & Finance Committee Academic Board Advisory Council Dr. Ishrat ul Ebad Khan Chairman Chairman Chairman Governor of Sindh Mr. Zahid Bashir Dr. Ishrat Husain Mr. Tariq Kirmani Board of Governors Chairman Dean & Director, IBA Member, Board of Directors The Premier Insurance Co. Pakistan NBP & former Chairman & MD Chairman Members PIA & PSO Members Dr. Matin A. Khan Dr. Ishrat Husain Professor Emeritus Members Dean & Director Dr. Ishrat Husain Dean & Director IBA, Karachi Mr. Abrar Hasan Institute of Business