Annual Report 2013-2014 TRANSLATING VISION INTO REALITYREALITY Message from the Dean and Director Vision The year 2013-14 is the penultimate reporting year of the Strategic Plan 2009-14. It is a matter of great satisfaction “To become a world-class business school for leadership that most of the targets that were committed at the time of the Strategy formulation have been achieved. Progress in and innovation in management.” Physical Infrastructure projects, Technology Up-gradation, Quality Enhancement, New Program Development, Community Outreach, Governance and Management has been quite substantial. Although the number of full time faculty has risen to 98 and the number of PhD holders has increased to 45, we are still facing shortages in core subjects of Management, Marketing Finance and Accounting. Some innovative initiatives such as split doctorate degree programs with South Hampton in UK and Grenoble in France have proved helpful in filling this gap. It would take a few more years before the benefits of these initiatives are derived. Research culture has been promoted in what was purely a teaching institution but we have a long way to go before we attain our desired goals. The physical capacity expansion, renovation, and remodeling, have allowed to accommodate almost 3000 students – a jump of almost 667 from the base year 2008-09. This increase in student strength has also helped in contributing towards the financial sustainability of the Institute. Almost two-thirds of the operational expenses are now met from the internally generated income reducing the dependence on external sources. The publication of the Annual Report regularly is a modest attempt by IBA to hold itself accountable to the stakeholders and the public at large. The readers are cordially invited to send their comments and views. Ishrat Husain Dean and Director Message from the Dean & Director 2 Professional Development 51 Alliances & Partnerships 5 Career Development Center (CDC) 53 Stakeholders of IBA 7 Center for Entrepreneurial Development (CED) 61 Highlights 2013-14 9 Center for Executive Education (CEE) 65 Faculty of Business Administration 11 Talent Hunt Programs (NTHP/SFP) 69 Highlights 13 ICT Infrastructure and Services 73 Total Faculty in Numbers 13 Physical Infrastructure 75 Faculty Members Welcomed in 2013-14 14 Alumni 79 Student Admissions into Faculty of Business Administration Programs 17 Life at IBA 83 Faculty of Computer Science 25 Student Events 85 Highlights 27 Student Achievements 87 Total Faculty in Numbers 27 Convocation 2013 90 Faculty Members Welcomed in 2013-14 28 Dean’s List 92 FCS Entrepreneurship 29 Financials 2013-14 97 Student Admissions into Faculty of Computer Science Programs 30 Financial Resources and Utilization for the year ended 30th June 2014 100 Student Strength/Fresh Intake 33 Summary of Scholarships Awarded to Students 102 IBA Summer School 2014 34 Capital Expenditure 103 Faculty Publications 35 Financial Trends 2009-14 105 CONTENTS Faculty Development 47 CONTENTS Major Donors 2013-14 107 Academic Alliance Programs 49 IBA Activities, Events and Visitors: 2013-2014 114 Academic Development Programs 50 05 | Page Institute of Business Administration Annual Report 2013-2014 Annual Report 2013-2014 Institute of Business Administration Page | 06 IBA is proud to have academic linkages with world-renowned institutions of higher education as part of its overall objective ALLIANCES AND PARTNERSHIPS to provide a global perspective to its students. 2 23 3 14 Int Association of Universities - France 13 22 15 Int Finance Corp - USA 11 16 ISB - India 8 14 17 Marketing Association of Pakistan 25 18 Management Association of Pakistan 19 Multimedia University - Malaysia 5 20 Oracle Academy - Pakistan 10 15 6 7 24 21 Pakistan Micro Finance Network 26 1 4 22 SAP - Germany 23 16 SOLBRIDGE - South Korea 1 The Washington Center - USA 24 SAQS - India 19 2 Association of Asia - Pacific 25 Tsinghua SEM - China Business Schools - South Korea 12 26 University of Dhaka - Bangladesh 3 The Association of Commonwealth Universities - England 4 AMDISA - India 5 BABSON College - USA 6 IUBAT - Bangladesh 9 7 CASE - USA 18 8 CEEMAN - Slovenia 17 9 CFA Pakistan 21 10 GBSN - USA 20 11 EFMD - Belgium 12 TEMASEK Foundation - Singapore 13 GEM - England iba.edu.pk iba.edu.pk 07 | Page Institute of Business Administration Annual Report 2013-2014 Annual Report 2013-2014 Institute of Business Administration Page | 08 Stakeholders of IBA Stakeholders of IBA Members of IBA Board of Governors Members of the Academic Board Members of the Selection Board Members of the Executive Committee Dr. Ishrat Husain Chairman Dr. Ishrat Husain Chairman Dr. Ishrat Husain Chairman Dr. Ishrat Husain Chairman Dean & Director, IBA Dean & Director, IBA Dean & Director, IBA Dean & Director Mr. Pannah Ali Jumani Member Prof. Dr. Muhammad Nishat Member Mr. Justice Munib Akhtar Member Dr. Zeenat Ismail Member Chairman, Sindh Public Service Commission Judge High Court of Sindh Associate Dean, Professor, IBA Mr. Shahid Shafiq Member Faculty of Business Administration Director, Shahid Shafiq (Pvt.) Ltd. Prof. Dr. Mohammad Qaiser Member Dr. Mohammad Nishat Member Dr. Sayeed Ghani Member Vice Chancellor, University of Karachi Professor and Associate Dean, IBA Mr. Asad Umar Member MNA Associate Dean, Prof. Dr. Abida Taherani Member Dr. Mahnaz Fatima Member Mr. Tariq Kirmani Member Faculty of Computer Science Vice Chancellor, University of Sindh Professor, IBA Ex-MD, PIA Capt. (Retd.) Ahmed Zaheer P.N. Member/ Dr. Fazlullah Pechuho Member Dr. Nasir Touheed Member Mr. Jalees Ahmed Siddiqui Member Registrar Secretary Chief Executive, IGI Insurance Limited Additional Chief Secretary Education & Professor, IBA Mr. Mobin Khalili Member Literacy Department, Government of Sindh Mr. Najmus Saquib Hameed Member Dr. Qazi Masood Ahmed Member Honorary Vice Chairman & Chief Executive, Controller of Examinations The Layton Rahmatullah Benevolent Trust Prof. Dr. Mukhtar Ahmed Member Professor, IBA Mr. Moeid Sultan Member Chairman, Higher Education Commission Director Finance Dr. Talat A. Wizarat Member Mr. A. Abdullah Zaki Member Professor, IBA Members of the Audit & Finance Committee Engr. Rehan-ul-Ambia Riaz Member President, Karachi Chamber of Commerce Director Projects Dr. Shakeel A. Khoja Member Mr. Zahid Bashir Chairman & Industry Member Professor, IBA Chairman, The Premier Insurance Co. Mr. Imran Batada Mr. Zakaria Usman Member Pakistan Ltd. Head of ICT Department Dr. Muhammad Shahid Qureshi Member President, Federation of Pakistan Ms. Musharaf Hai Member Mr. Adnan Hamid Member Professor, IBA Chambers of Commerce & Industry Chief Executive, L’Oreal Head of HR Department Dr. Noman-ul-Haq Member Dr. Ishrat Husain Member Mr. Waqar Hassan Siddique Member Professor, IBA Dean & Director, IBA Executive Director, Abraaj Capital Mr. Sohail Wajahat H. Siddiqui Member Dr.Sayeed Ghani Member Mr. Shuaib Ahmed Member Ex-Caretaker Federal Minister for Associate Professor & Associate Dean, IBA Petroleum & Natural Resources Vice Chairman Pakistan Gum and Chemicals Company Ltd Dr. Naved Ahmad Member Mr. Shahid Shafiq Member The above lists are as of 30th June 2014 Director, Shahid Shafiq (Pvt.) Ltd. Professor, IBA Prof. Dr. Pirzada Qasim Raza Siddiqui Member Vice Chancellor, Ziauddin University Dr. Sajjad Haider Member Associate Professor, IBA Mr. Sohail Wajahat H. Siddiqui Member Ex-Caretaker Federal Minister for Dr. Nasir Afghan Member Petroleum & Natural Resources Assistant Professor & Program Director MBA, IBA Mr. Zahid Bashir Member Chairman, The Premier Insurance Co. Mr. Adnan Siddiqui Member Pakistan Ltd. Smarter Commerce & Social Business Leader, IBM, Dubai Ms. Musharaf Hai Member Chief Executive, L’Oreal Mr. Mohammad Shoaib Member Chief Executive, Al-Meezan Investment Mr. Shahid Shafiq Member Management Ltd. Director, Shahid Shafiq (Pvt.) Ltd. Member Provincial Assembly of Sindh Member (Vacant) iba.edu.pk iba.edu.pk 09 | Page Institute of Business Administration Annual Report 2013-2014 Annual Report 2013-2014 Institute of Business Administration Page | 10 Highlights 2013-14 Stakeholders of IBA 2013 • Two new programs were launched this academic year namely BS (Social Sciences and Liberal Arts) and BS (Accounting and Finance). The response to BS (SS&LA) was in line with projected estimations and BS (A&F) exceeded all expectations. • The Centre for Executive Education (CEE) entered into an agreement with a California based NGO, International Commission Workforce Development (ICWD) and Mir Khalil Ur Rahman (MKRF) for conducting online courses for the external candidates free of cost. • The 5th International Conference on Information and Communication Technology (ICICT) was inaugurated by the President of Pakistan at the Governor House on December 14 and closed by Dr. Atta Ur Rahman on December 15, 2013. 2014 • LUMS and IBA collaborated in organizing the ASP training course. This course was funded by USAID and is aimed at Capacity Building of public sector and non-profit organizations. • An MoU was signed with the Chartered Institute of Management Accountant (CIMA), the World’s leading professional body of Management Accountants. With this academic alliance, IBA became the first university of Pakistan to get this recognition under which students pursuing BS (A&F) at IBA will be given maximum exemptions providing them a faster track to acquire both the BS degree and CIMA professional qualification. • An MoU was signed with Madinah Institute for Leadership and Entrepreneurship (MILE) to establish a strategic partnership.