Since 1955 Program Announcement 2015-2016 Contents Program Directors & Coordinators 40 Academic Calendar 2015-2016 42 Vision & Profile International Linkages Programs MS (Mathematics) 02 44 155 Undergraduate Programs Message of the Admission Policies BBA EMBA (Executive MBA) Dean & Director & Procedures 88 158 03 45 BBA (Entrepreneurship) PhD Programs The Policy Makers Rules & Regulations 96 PhD (Computer Science) 04 166 51 BS (Accounting & Finance) 106 Programs on Offer Fee Structure PhD (Economics) 06 57 BS (Computer Science) 169 114 Anatomy of Financial Assistance PhD (Mathematics) Higher Education 58 BS (Economics 171 08 & Mathematics) Facilities & 120 PhD (Statistics) Academia Infrastructure 172 63 BS (Social Sciences & Liberal Arts) Associate Deans & Courses and Enhancing our 126 Chairpersons Course Descriptions Outreach 174 10 71 Graduate Programs MBA Full Time Faculty Journey of 136 Contact Information 12 246 Excellence MS (Computer Science) Visiting Faculty 76A & 76B 149 25 Student Services MS (Economics) Adjunct Professors 77 152 38 Important Events & Heads of Departments Activities (2014-2015) 39 83 PROFILE The cornerstone of the Institute of Business Administration was laid in the year 1955. Sixty years down the line, the institute remains dedicated to the task of imparting valuable education and work ethics to its students. The institute has gone through major changes over these six decades in order to embrace a wider set of disciplines in its curricula. These changes have been made in order to respond to the requirements of the society, market and economy. They are also an outcome of associations forged with credible institutions, local and international and various stakeholders, prominent being the IBA Alumni. Infrastructural and technological advancements have been accomplished despite their expected share of challenges. The cumulative impact of these developments is that the IBA today provides a conducive environment to its students continuously enriching their academic pursuits with networking, entrepreneurial, cultural and experiential learning. The blend of these sure-footed steps has enabled a more wholesome environment of enlightenment. The Institute takes pride in honing skills that would not only make our graduates highly valued professionals, but at the same time imbibe ethical values in them, so that they are able to exhibit and demonstrate standards of integrity in the wake of temptations and compulsions. IBA also encourages its students and faculty to develop a global perspective, but to apply their knowledge and practices towards finding the solutions of local problems. In this connection, IBA has received accreditation from the South Asia Vision Quality Assurance Systems (SAQS) and gained membership of various To become a world-class business international and regional professional bodies, associations and networks. school for leadership and innovation in IBA has received accreditation from the National Business Education management Accreditation Council (NBEAC), an HEC body. The Association to Advance Collegiate Schools of Business (AACSB), has assigned a Mentor to IBA pursuing the process of accreditation. Champions do not become champions when they win the event, but in the hours, weeks, months and years they spend preparing for it. The victorious performance itself is merely the demonstration of their championship character. T. Alan Armstrong MESSAGE OF THE DEAN & DIRECTOR The year 2015 is a turning point in IBAs recent history, as it would be embarking upon a new five year strategic plan. The Strategy 2020 is being formulated by a group of Faculty members in consultation with the Stakeholders Students, Staff, Faculty, Alumni, Employers and Board members. The draft plan will then be discussed internally and placed before the Board of Governors for its approval. I do not wish to pre-empt the results of this exercise, but suffice it to say that the coming years will witness consolidation of existing Academic Programs, Infrastructure, IT Facilities and Community Outreach activities that have made considerable headway. More efforts would have to be focused on attracting, retaining and motivating high quality Faculty that can add value to our academic endeavors. Research, Case studies, Executive Education, Consultancy Services to Industry would form an integral part of the portfolio of the Faculty members in addition to their teaching responsibilities. This is a big challenge but we hope we would be able to make progress in this dimension of our work as well. The other challenge has to do with the financial sustainability in the future. The existing financial sustainability model of IBA has successfully withstood the test of time, so far operational expenditures are being financed from internally generated revenues, government grants and income from the Endowment Fund. While the number of students has risen from 1800 to 3500 in the last seven years, thus contributing to enhanced internal revenues, the income from the Endowment Fund is likely to decline because of the lower interest rate regime. I hope the Board of Trustees of the Fund would step up their efforts to mobilize additional resources and beef up the size of the Fund. 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 04 The Policy Makers Patron Audit & Finance Committee Academic Board Dr. Ishrat ul Ebad Khan Chairman Chairman Governor of Sindh Mr. Zahid Bashir Dr. Ishrat Husain Chairman Dean & Director Board of Governors The Premier Insurance Co. Institute of Business Chairman Pakistan Ltd. Administration Karachi. Karachi Dr. Ishrat Husain Members Members Dean & Director Institute of Business Administration Karachi Dr. Ishrat Husain Dr. Zeenat Ismail Members Dean & Director Professor IBA, Karachi. IBA Karachi Mr. Justice Munib Akhtar Mr. Shahid Shafiq Judge, High Court of Sindh Karachi. Director Mr. Shahid Shafiq Dr. Mohammad Nishat Shahid Shafiq (Pvt.) Ltd. Director Professor Prof. Dr. Mohammad Qaiser Karachi. Shahid Shafiq (Pvt.) Ltd. IBA Karachi Karachi. Vice Chancellor Dr. Mahnaz Fatima University of Karachi, Karachi. Mr. Iftikhar A. Vohra Professor President Mr. Sohail Wajahat H. Siddiqui IBA Karachii. Prof. Dr. Abida Taherani Karachi Chamber of Chief Executive Officer Vice Chancellor Commerce & Industry Goldfire Holdings (Pvt.) Ltd. Dr. Nasir Touheed University of Sindh Jamshoro. Karachi. Professor Dr. A. Q. Mughal IBA Karachi Dr. Fazlullah Pechuho HEC Nominee Ms. Musharaf Hai Additional Chief Secretary Chief Executive Dr. Qazi Masood Ahmed Education & Literacy Deptt. Member Provincial LOreal Pakistan Professor Government of Sindh Karachi. Assembly of Sindh Karachi. IBA Karachi Dr. Talat A. Wizarat Mian Muhammad Adrees Selection Board Professor President Chairman IBA Karachi Federation of Pakistan Chamber of Commerce & Industry Karachi. Dr. Ishrat Husain Dr. Shakeel A. Khoja Dean & Director Professor Mr. Waqar Hassan Siddique IBA, Karachi. IBA Karachi Partner The Abraaj Group Members Dr. Muhammad Shahid Qureshi Dubai, United Arab Emirates. Professor Mr. Muhammad Saleem Bhounr IBA Karachi Mr. Shuaib Ahmed Sindh Public Service Commission Hyderabad. Vice Chairman Dr. Noman-ul-Haq Pakistan Gum and Chemicals Professor Company Ltd., Karachi. Mr. Shahid Shafiq IBA Karachi Director Shahid Shafiq (Pvt.) Ltd. Dr. Sayeed Ghani Mr. Wazir Ali Khoja Karachi. Associate Professor & Associate Ex-M.D. Dean IBA, Karachi. National Investment Trust Karachi. Mr. Tariq Kirmani Dr. Sajjad Haider Mr. Sohail Wajahat H. Siddiqui Ex-MD P.I.A. Karachi. Associate Professor Chief Executive Officer IBA Karachi Goldfire Holdings (Pvt.) Ltd. Karachi. Mr. Jalees Ahmed Siddiqui Dr. Nasir Afghan Ex- Chief Executive Assistant Professor & IGI Insurance Limited Mr. Zahid Bashir Program Director MBA IBA, Karachi. Karachi. Chairman The Premier Insurance Co. Pakistan Ltd. Mr. Jawwad Ahmed Farid Mr. Najmus Saquib Hameed CEO Karachi. Chairman Alchemy Technologies (Pvt.) Limited The Layton Rahmatullah Karachi. Ms. Musharaf Hai Benevolent Trust Karachi. Chief Executive Mr. Mohammad Shoaib LOreal Pakistan Mr. Fazlullah Qureshi Chief Executive Karachi. Member, Board of Directors Al-Meezan Investment National Rural Support Programme Management Ltd. Islamabad. Karachi Excerpts of Academic Calendar 2015-2016 05 Excerpts of Academic Calendar 2015-2016 June 24, 2015 Summer Fall August 21, 2015 to Semester Semester to August 13, 2015 2015 2015 December 31, 2015 January 18, 2016 Spring Convocation to Semester 2015 December 05, 2015 May 24, 2016 2016 June 13, 2016 Summer Fall to Semester Semester August 19, 2016 August 02, 2016 2016 2016 August 20, 2015 Eid ul Fitr* July 18 to 20, 2015 (Fall 2015) Orientation Eid ul Adha* September 24 to 26, 2015 January 16, 2016 Days Ashura* & (Spring 2016) October 23 24, 2015 (*Subject to sighting of the moon) 06 Programs on Offer Master of Business Bachelor of Science (BS) Bachelor of Business Administration (MBA) S. No Information Administration (BBA) Economics Computer