Program Announcement 2016 - 17 Our Core Values Truth Discipline Creativity Tolerance Being truthful involves You should have the will to work The ability to be innovative is an The capacity to speaking and acting according to rules, with precision asset for any individual. As a acknowledge, understand consistently in and honesty. Discipline involves student of the IBA, you are at par and tolerate ideas and accordance with the self-control and selfregulation with others having skills either opinions different from your highest ethical values. that builds character and should equal to you or better than yours. own, means that you should When working in a team, be an integral core value of an Therefore, you need to enable the be able to treat people from truth requires you to be IBA student. generation of new thoughts, ideas different backgrounds and reliable. and means of attaining your goals. schools of thought equitably. Integrity Merit Humility Possessing integrity goes hand Students are admitted to the Being courteous, in hand with being reliable. IBA strictly on the basis of respectful of others and Integrity is crucial to the merit. Success will be yours recognizing that no matter reputation of any institution. as you surpass yourself time how good you are, there Students are required to and again by working in is always someone out maintain honesty in the accordance with this there who is better than acquisition and sharing of principle. you. knowledge throughout their academic life at the IBA. & Acknowledging the competencies of Team Work co-workers and harmonizing their individual strengths to achieve a common goal. Contents Vision, Mission & Profile 02 Message of the 03 The Policy Makers 04 Dean & Director Excerpts of 05 Anatomy of Higher Education 08 Rules & Regulations 52 Journey of Excellence 79A & 79B Academic Calendar Programs on offer 06 Associate Deans & Chairpersons 10 Fee Structure 58 Student Services 80 Full Time Faculty 12 Financial Assistance 59 Important Events & 87 Visiting Faculty 26 Facilities & Infrastructure 64 Activities (2015-2016) Adjunct Professors 40 Enhancing our Outreach 72 Convocation 2015 90 Heads of Departments 41 Program Directors & Coordinators 42 Academic Calendar 2016-2017 44 International Linkages 46 Admission Policy & Procedures 47 Programs Undergraduate Programs Graduate Programs PhD Programs BBA 92 MBA 140 PhD (Computer Science) 172 BBA (Entrepreneurship) 100 MS (Computer Science) 154 PhD (Economics) 174 BS (Accounting & Finance) 110 MS (Economics) 157 PhD (Mathematics) 176 BS (Computer Science) 118 MS (Mathematics) 160 PhD (Statistics) 177 BS (Economics & Mathematics) 124 Executive MBA 164 BS (Social Sciences & Liberal Arts) 130 Course 181 Course Descriptions 195 Contact Information 248 Profile For the Institute of Business Administration, 2016 marks both the end of one Vision era and the start of another. After completing a successful inning spanning over eight years, Dr. Ishrat handed over the baton of lBA’s leadership to the next Dean and Director. To date, the IBA has been led by ten visionary To be among the best learning institutions individuals, and each has made his own significant contribution to the in Pakistan - recognized for developing development of the Institute. Their contribution in making IBA the institution potential leaders, nurturing a vibrant that it is today can never be discounted. But history will record Dr. Ishrat community of scholars and practitioners, Husain’s outstanding performance as a pivotal moment, one that carried the generating innovative ideas, and promoting institution firmly but surely into the 21st century. The IBA today sets a creative solutions that address the needs of standard that other institutions emulate, and serves as a beacon of hope and Pakistan, the region, and the global success for students across the nation. community. 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, the market and Mission the economy. They are also an outcome of associations forged with credible institutions both local and international, and various stakeholders’ most To impart quality education in business prominent being the IBA Alumni. and allied fields to students selected on merit irrespective of ethnicity, gender, During the last eight years, the institute has witnessed massive developments religion, or financial means; in all areas ranging from infrastructure, accreditations, increase in programs, faculty and students to linkages; thus changing IBA’s physical and academic To provide a teaching and learning landscape. Prominent among Dr. Ishrat’s contributions is overseeing the environment that encourages critical inception and development of Centres of Excellence such as: Centre for thinking, ethical conduct, and effective Excellence in Journalism (CEJ), Centre for Business and Economics Research decision making; (CBER), Centre for Executive Education, Centre for Entrepreneurship Development (CED) and the Ardeshir Cowasjee Centre for Writing. The To undertake original research that establishment of Centres of Excellence fulfills a crucial need by servicing both enriches teaching and benefits business, professional communities outside the institution and student, faculty, and staff government, and civil society. within. They complement the mission of the institution and serve as crucial avenues through which the IBA gives back to the society. 02 I am honored to have this opportunity to address you as the new Dean and Director of the IBA. The Institute has undergone a transformative period under the leadership of Dr. Ishrat Husain and I begin my tenure with the hope that we can build upon the foundation that has been laid over the past eight years. In recent years, the Institute has seen the launch of new academic programs, the hiring of many more full-time PhD faculty, and the establishment of new centers and partnerships. We must now ensure that these initiatives continue to be implemented in a way that generates sustained benefits for students, faculty and other members of the IBA community. We must monitor the new academic programs to see how they have been received among students. We must integrate new faculty more fully into the flow of teaching and research. We must see how best to market the offerings of the new centers. And we must manage both new and old partnerships to ensure that they continue to bear fruit. The further strengthening of the faculty will be among my priorities. I hope to see our faculty recognized inside and beyond the Institute for excellence in both research and teaching. The mission of the Institute can best be served by creating an environment where both scholarship and practice are given adequate weight. Academic rigor is important. So we must aim for high quality research output. But we must also learn from the actual practice of business and public policy. Thus continuing to engage with local industry and public sector organizations and distilling the lessons of experience into case studies and other learning tools will also remain very important. With the transformations of the past eight years, the Institute is now much more than a business school. With an expanded portfolio of programs including Accounting and Finance, Economics and Mathematics, Computer Science, Social Sciences and Liberal Arts, and with the newly established centers for Journalism and Islamic Finance, the Institute is well placed to fulfil its mission of “developing potential leaders, generating innovative ideas, and promoting creative solutions that address the needs of Pakistan, the region and the global community.” Dr. Farrukh Iqbal Dean & Director Bachelor’s from Harvard University Ph. D. in Economics from Yale University Excerpts of Academic Calendar 2016-2017 Summer Semester 2016 Spring Semester 2017 June 13, 2016 to January 16, 2017 to August 2, 2016 May 23, 2017 Fall Semester 2016 Summer Semester 2017 August 19, 2016 to June 12, 2017 to December 29, 2016 August 2, 2017 Convocation 2016 Fall Semester 2017 December 3, 2016 August 21, 2017 Orientation Days Eid ul Fitr* July 7 to July 9, 2016, August 18, 2016 (Fall 2016) Eid ul Azha* September 13 to 15, 2016 Ashura* October 11 & 12, 2016 January 14, 2017 (Spring 2017) (*Subject to sighting of the moon) 05 Programs on Offer Master of Business Bachelor of Science (BS) Bachelor of Business Administration (MBA) S. No. Information Administration (BBA) Economics Computer Social Sciences Accounting Morning Evening & Maths Science and Liberal Arts and Finance Higher Secondary School Certificate A Minimum of 16 years of education out of which Higher Secondary School (Pre-engineering OR 4 years should have been spent in an HEC recognized Higher Secondary School Certificate Certificate with a Minimum of 65% General Group with Mathematics) university / degree awarding institute with: marks OR with Minimum 60% marks OR (Any Group with 60% marks) OR A Minimum of 60% aggregate marks OR 1 RAeqdumirisesmioennt ‘AA’‘ CmL’ee)v rienicl a3(Mn p Hrininiigmchipu Samcl hsouofb o2jle D‘cBtip’ss l oOamnRda 1 'A'i nL e3v perl i(nMMcaiipnthaimel smuumabtj iec1cs 't BsO 'i Rnacnldu d2in 'gC's) 'A' LAemvee3lr i(pcMrainnin cHiimpigauhlm sSu 1cb hj'eBoco' tlas D nOdipR 2lo 'mCa's) in A Minimum4.0 o0f (2a.s5 0a& pCpGliPcAab olen) a scale of Minimum of 80% OR American High School Diploma (Minimum of 80%) OR A Minimum of 2 years relevant work An International Baccalaureate Minimum of 80% OR An International Baccalaureate experience gained after graduation / (Minimum 24 / 45) completion of 16 years of education with 2.5 (Minimum 25 / 45) An International Baccalaureate CGPA or 60% whichever is applicable** (Minimum 24 / 45) • English Composition (MCQs) • English Composition (MCQs) • English Composition (MCQs) 2 Aptitude Test • English Comprehension • English Composition (MCQs) • English Comprehension • English Comprehension Component (Essay Writing Skills) • Mathematics (MCQs) (Essay Writing Skills) (Essay Writing Skills) • Mathematics (MCQs) • Mathematics (MCQs) • Mathematics (MCQs) 3 Aptitude Test - SAT-1 SAT-I & SAT-II (Mathematics) SAT-1 GMAT Difficulty Level BBA Degree from IBA, Minimum 2.5 CGPA & 4 Aptitude Test See Admission Policy 2 years work experience after BBA OR Exemption* Minimum 600 score in GMAT 5 Student Profile Avg Age: 19 Avg Age: 19 Avg Age: mid 20’s 43 courses, 45 courses, 14479 c rceoduirts heosu,rs 14+7 3 cP rRreoedjseitec ahtsro cuhrs, Res4e8a crochu rPserosj,ect 14476 c rceoduirts heosu,rs 1414 C curlmediint ahtoinugrs 12472 c rceoduirts heosu,rs Min.7 d2u craretidoint h2o4u mrso,nths 72 credit hours, 6 RGerqaudirueamtioennt foCr( iRBtiCzBIenIA)nt e C RIronnertssephproinoprsnahsteiipb le R(EeInnstptreoefrnponsrrse ihbBnilBpee A u(CRr istCihzIi)ep n) CRoe1Irns5ppt0oeo rrcnanrtsseeihdb Iiilpnte t h(eCRorinutCizsrI)seh nip CRoeIrnspptoeorrnantsseihb Iilpne t (eCRrintCizsI)eh nip 8T-h1Ce0iEts iwxizspee Renerk eIi nes cpintoiocarenpti sov/irbealtee CRoeIrnspptoeorrnanstseihb Iilnpet e(CRrintCiszI)he inp CNCooropmno pBrarBeteAh e IBnnatsecivrknegs rehoxipuan mfdor MCino.m dpurreahtieonns 4iv2e mexoanmths Corporate Internship internship Fees Fall Rs 180,500 / Rs 180,500 / Tuition fee of Rs 36,000 / - 7 2016**** Rs 180,500 / Semester Rs 153,500 / Semester Semester Semester per course for all part time students 8 Classes Start August August & January August August & January 9 Duration 4 years full time 4 years full time 2 year to 5 year 3.5 years to 7 years 10 Campus Main & City Main & City Main Main Main & City The above are extracts of the IBA Admission Policy *** All equivalency claims shall be evaluated by the HEC (www.hec.gov.pk). * Participation in Group Discussion & Interview is mandatory **** The IBA reserves the right to revise the fee without prior notice / Refer to Fee Structure ** For details, see Work Experience requirement ***** Full-Time MS Students shall be paid stipend of Rs: 30,000 / - per month 06 Master of Science (MS) Executive MBA Doctor of Philosophy (PhD) Computer Science Economics Mathematics Various Specializations Economics Computer Science Mathematics Statistics A Minimum 16 year’s A Minimum 16 year’s of education of education (BS / MSc - out of which 4 year’s Mathematics) out of which A minimum of 16 year's education out of which MS / M Phil / Equivalent in relevant subject from HEC should have spent in an HEC 4 year’s should have 4 years at an HEC recognized university / recognized local / foreign university with: recognized university / degree spent in an HEC recognized degree awarding institute and minimum 3 years Minimum 60% aggregate marks in the last degree awarding institute with: university / degree awarding post qualification work experience OR OR Qualified Chartered Accountants with 2 years of A Minimum of 60% aggregate marks institute with:A Minimum of 60% A minimum 3.0 CGPA in the last degree where applicable*** post-qualification work experience OR OR aggregate marks Qualified ACCA upon completion of three years Also have to fulfill specific requirements by the respective departments A Minimum of 2.50 CGPA on a scale OR post ACCA work experience of 4.00 (as applicable) A Minimum of 2.50 CGPA on a scale of 4.00 (as applicable •• EMnagtlhisehm Caotimcsp (oMsiCtioQns )(MCQs) •• MEnagtlhisehm Caotimcsp (oMsiCtioQns )(MCQs) • Business English (MCQs) •• EMnagtlhisehm Caotimcsp (oMsiCtioQns )(MCQs) •• MEnagtlhisehm Caotimcsposition •• SEntagtilsisthic sComposition • Case Study (MCQs) (MCQs) • Subject Specialization • Diffeculty level: TOEFL or • Subject Specialization • Diffeculty level: TOEFL or IELTS IELTS • Applied Mathematics (MCQs) • Diffeculty level: TOEFL or IELTS • DIEifLfeTcSu l ty level: TOEFL or • DIEifLfeTcSu lty level: TOEFL or GRE Math GRE General + Specialization GRE Math Subject Test GMAT GRE General + Specialization Subject Test -- Minimum 650 score in quantitative GRE (Int’l) BBA Degree from IBA, Minimum 2.5 Minimum 650 score in quantitative GRE (Int'l) Minimum 650 OR CGPA & 3 years Work Experience OR OR score in GRE -- 160 score in quantitative revised GRE (Int’l) Minimum 600 score in GMAT 160 score in quantitative revised GRE (Int'l) subjective Math Avg Age: mid 30’s Avg Age: mid 20's Avg work experience: 10 year’s Avg age: 26 57 credit hours 8 courses 6 courses 11 Core Courses 16 courses & Thesis 55 credit hours 6 Core courses, 2 electives 22 courses 24 credit hours 18 credit hours 4 electives courses (9 credit Hours) 28 credit hours 24 credit hours 72 credit hours + + + [48 credit Hours through courses + 1 Project Comprehensive Exam Comprehensive Exam Thesis through courses 27 credit hours Thesis 6 credit hours Comprehensive exam + + 30 Credit Hours 9 credit Hours through thesis Dissertation Dissertation through Thesis] All MS full-time students are required to pay Rs 30,000 / - per course Rs 92,500 / - per semester as tuition fee***** Rs 20,000 / - per course (for Govt. Employees, Monthly stipend and full tuition fee waiver armed forces and not for profit organizations) August August & January August September, January and May August August & January 2-2.5 years 2 years - 5 years 4-5 years City Main Main Main & City Main ALL ADMISSIONS ARE SUBJECT TO CANDIDATES MEETING, MINIMUM To apply for any of the above Programs ELIGIBILITY REQUIREMENT AND QUALIFYING APTITUDE TEST, Please visit our website at www.iba.edu.pk or email: [email protected] GROUP DISCUSSION, INTERVIEW AS APPLICABLE. 07 Anatomy of Higher Education Higher education starts with undergraduate studies in 2002. Cognizant of the growing demand for these further diversified the streams of the graduate leading upto graduate courses. These are stopovers in programs, IBA introduced a series of BS Programs, programs and enabled graduate students to work a student’s journey of obtaining knowledge and including BS (Economics & Mathematics), BS (Social outside their specific field of study at graduate level. carving out a career in their chosen field of study. Sciences / Liberal Arts) & BS (Accounting and Finance) The MS programs, on the other hand, enable Undergraduate courses lay the basic foundation that is in 2012 and 2013. IBA thus expanded the array of prospective applicants to enhance their long-term used as a springboard to pursue graduate courses or undergraduate qualifications and degrees available to performance in the dynamic fields of science and a master’s degree. its students. These offerings were augmented by economics. Aspirants of the graduate programs can incorporating student-conducted tutorials, projects expect a thoroughly transformational experience, Courses at an undergraduate level, also referred to as and other initiatives leading to a highly satisfying which will leave a lasting impact on their careers and bachelor’s courses, are usually taken after completing experience under a credible faculty and insightful professional intellect. 10+2 / equivalent level in most countries. These mentors. courses are classified as BS / BA / BBA. Ph.D Programs Undergraduate programs are designed to strengthen Graduate Programs the knowledge-base of young students. Courses in the The IBA launched its Ph.D. (Computer Science) freshman year are of an introductory nature, with a program in the year 2005 and Ph.D. (Economics), gradual increase in difficulty during sophomore, The IBA initially offered MBA program only for day (Mathematics) in the year 2011. A feather in IBA’s junior, and senior years. scholars. In 1957, an Evening Program was launched cap, these three Ph.D. level programs epitomize IBA’s to cater to the needs of the numerous working endeavor to become a world class institution. They After successfully completing their undergraduate executives and managers, who were interested in test the temperamental and analytical capacity of the degree, aspiring students can enroll in a graduate furthering their careers through business studies. As potential candidates, while ensuring sustainable course such as a ‘Masters’ degree program. The obtaining a Master’s degree involves acquiring progression of their careers. These programs serve as highest graduate degree that a student can pursue is complex analytical and critical skills in a “particular” valuable platforms for refining skills and honing the the doctoral degree which involves intensive research field, it allows students to develop specialized skills. competencies of the pursuers of the degree. Before work. Additionally, producing original work, including the long, IBA has started a Ph.D. program in Statistics, writing and defense of a thesis or dissertation, is a thus remaining ever active in its path to eternal major constituent of graduate studies. The MS degree advancement. Undergraduate Programs is an “untagged” degree, as the name of the major is excluded from the degree title, whereas MBA is a The IBA launched its Bachelor programs in Business tagged degree. Over the years, the MBA program has Administration in 1982, conducted under the evolved significantly, aided by the revamped patronage of the Karachi University. These were curriculum. As of 2011, 2 years work experience has 3-year programs, which continued till 1994. Upon been made mandatory students can embark on MBA acquiring degree awarding status that year, IBA study programs. The MBA Executive Program was changed the curricula of its bachelor programs. This launched in 2009 for the in service professionals who was done to bring them in accordance with cannot attend week-days program. This program international standards .To this end the BS (Computer attracts senior level executives from both the private Science) program was introduced. In pursuit of and public sectors. making IBA undergraduate degrees compatible with international standards, all IBA undergraduate The introduction of MS (Computer Science) and MS programs were upgraded as 4-year degree programs (Economics), in the years 2008 and 2010, respectively, 08
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