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 - BBA Entrepreneurship introduced in collaboration - Twenty Nine Student Program initiated with ANZ – Grindlays Bank. 1956 Societies for extracurricular - 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 Programs (self-financed) - STHP (Sindh Talent Hunt) 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 Shifted to Kandawalla introduced - New streams (18 & 24 Building, M.A. Jinnah Road. 1998 - MS (Economics) Program months) introduced in the Construction planned for BBA (MIS) Program introduced MBA Program 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 Program launched - South Asia Quality Construction completed; Assurance Systems (SAQS) - Overseas Chapters of IBA morning and evening classes accreditation received Alumni launched in UAE, commenced at Main (1965) 2002 UK, & Canada - 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 Project Management Business Administration) & Programs with foreign Institute 1982 (in Computer Science) universities commenced 3 Year BBA (Hons) Program - Center for Executive - IBA received membership launched Education established of European foundation for 2013 Management Development - 4 year-Undergraduate - PhD (Economics) Program 2004 Program launched in (Social 1983 launched Science & Liberal Arts) - MBA (MIS) Program NTHP (National Talent Hunt) - Center for Business and launched Program launched Economics Research - 4 year-Undergraduate Program launched in - Center of Computer established (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 Members Chairman PIA & PSO Members Dr. Matin A. Khan Dr. Ishrat Husain Members Dr. Ishrat Husain Professor Emeritus Dean & Director Dean & Director IBA, Karachi Mr. Abrar Hasan Institute of Business Administration, Karachi Dr. Zeenat Ismail Mr. Sohail Wajahat H. Siddiqui Professor, (IBA) Mr. Ali Ahmed Khan Members Ex-Caretaker Federal Minister for Dr. Mohammed Nishat Mr. Anwar Rammal Mr. Justice Munib Akhtar Mr. Waqar Hassan Siddique Petroleum & Natural Resources, Professor, (IBA) Judge High Court of Sindh Executive Director Karachi Ms. Ayesha Tammy Haq Karachi Abraaj Capital Dr. Mahnaz Fatima Ms. Musharaf Hai Mr. Babar Bashir Nawaz United Arab Emirates Professor, (IBA) Chief Executive Prof. Dr. Mohammad Qaiser L’Oreal, Karachi Mr. Bashir Ahmed Vice Chancellor Mr. Shuaib Ahmed Dr. Nasir Touheed University of Karachi Vice Chairman Professor, (IBA) Mr. Ghouse Akber Mr. Shahid Shafiq Pakistan Gum & Chemicals Director Dr. Qazi Masood Ahmed Mr. Hussain Lawai Prof. Dr. Nazir A Mughal Company Ltd Karachi Shahid Shafiq (Pvt) Ltd. Karachi Professor, (IBA) Vice Chancellor Mr. Iftikhar A. Allawala University of Sindh Mr. Sohail Wajahat H. Selection Board Dr. Shakeel Ahmed Khoja Jamshoro Siddiqui Professor, (IBA) Mr. Nadeem Abdullah Ex-Caretaker Federal Minister Chairman Mr. Nadeem Jafarey Prof. Dr. Pirzada Qasim Raza for Petroleum & Natural Dr. Shahid Qureshi Siddiqui Resources, Karachi Dr. Ishrat Husain Professor, (IBA) Mr. Khalid Bashir Vice Chancellor Dean & Director IBA, Karachi Ziauddin University Karachi Mr. Zahid Bashir Dr. Talat Wizarat Dr. Miftah Ismail Chairman Members Professor, (IBA) Mr. Mohsin Nathani Dr. Fazlullah Pechuho The Premier Insurance Co. Mr. Panah Ali Jumani Dr. Noman ul Haq Additional Chief Secretary Pakistan Ltd Mr. Muneer Kamal Chairman, Sindh Public Service Professor, (IBA) Education & Literacy Commission, Karachi Mr. Najmus Saquib Hameed Department Ms. Musharaf Hai Dr. Sayeed Ghani Government of Sindh Chief Executive Mr. Jalees Ahmed Siddiqui Associate Professor, (IBA) Mrs. Nasim Ahmed L’Oreal, Karachi Chief Executive Prof. Dr. Mukhtar Ahmed IGI Insurance Dr. Naved Ahmad Mr. Parvez Ghias Chairman Mr. Shahid Shafiq Professor, (IBA) Higher Education Commission Director Mr. Asad Umar Mr. Pervez Iqbal (HEC) Islamabad Shahid Shafiq (Pvt) Ltd Karachi MCENOA E &n gErxo - C Phreesmidiceanlts &Pakistan DAsr.s oScaijajated P Hroafiedsesror, (IBA) Mrs. Rounaq Lakhani Mr. A. Abdullah Zaki Nominated Member of Mr. Tariq Kirmani Dr. Nasir Afghan Mr. Saifuddin Zoomkawala President Provincial Assembly of Sindh Member, Board of Directors NBP & Assistant Professor, (IBA) Mr. M. Yousuf Adil Karachi Chamber of Commerce Former Chairman & MD PIA & PSO & Industry Karachi Mr. Adnan Siddiqui Mr. Shahid Shafiq Mr. Shahid Shafiq Country General Manager Mr. Zakaria Usman Director IBM Pakistan & Afghanistan. Mr. Tahir Khaliq Shahid Shafiq (Pvt) Ltd. Karachi President Mr. Zafar A. Siddiqui Federation of Pakistan Mr. Mohammad Shoaib Mr. Najmus Saquib Hameed Chamber of Commerce & Honorary Vice Chairman & CEO, The Chief Executive Mr. Zahid Bashir Al Meezan Investments Industry, Karachi Layton Rehmatullah Benevolent Trust Management Ltd, Karachi Mr. Haris Tohid Siddiqui Academic Calendar 2014-2015 5 Academic Calendar 2014-2015 Summer Fall Convocation Semester Semester 2014 2014 2014 June 23, 2014 August 25, 2014 to to August 10, 2014 December 23, 2014 December 6, 2014 Spring Summer Pre-Summer Semester 2014 Semester Semester June 13 to 22, 2014 Short-Winter 2015 2015 Semester 2015 January 8 to 28, 2015 January 29, 2015 June 24, 2015 Pre-Summer to to Semester 2015 May 26, 2015 August 11, 2015 June 7 to 23, 2015 (MBA Program only) Orientation Fall Eid ul Fitr* Days Semester July 29 to 31, 2014 Eid ul Adha* 2015 October 6 to 7, 2014 August 23, 2014 (Fall 2014) Ashura* & January 24, 2015 (Spring 2015) August 24, 2015 November 3 to 4, 2014 (*Subject to sighting of moon) 6 Programs on offer Master of Business Bachelor of Science (BS) Bachelors of Business Administration (MBA) S.No. Information Administration (BBA) Computer Social Sciences Accounting and Economics & Maths Morning Evening Science and Liberal Arts Finance A Minimum 16 years of education out of which Higher Secondary School Certificate 4 years should have been (Pre-engineering OR spent in an HEC recognized university / degree Higher Secondary School Certificate with a Higher Secondary School Certificate General Group with Mathematics) awarding institute with: A Minimum of 60% Minimum of 65% marks OR (Any Group with 60% marks) OR with Minimum 60% marks OR aggregate marks ‘A’ Level (Minimum of 2 ‘B’s and 1 ‘C’) in 3 'A' Level (Minimum 1 'B' and 2 'C's) in 3 'A' Level (Minimum 1 'B' and 2 'C's) OR Admission principal subjects OR principal subjects OR 1 in 3 principal subjects including A Minimum of 2.50 CGPA on a scale of 4.00 (as Requirement American High School Diploma Minimum of American High School Diploma Mathematics OR applicable) 80% OR (Minimum of 80%) OR American High School Diploma & An International Baccalaureate An International Baccalaureate Minimum of 80% OR A Minimum of 2 years’ relevant work (Minimum 25 / 45) (Minimum 24 / 45) An International Baccalaureate experience gained after graduation / (Minimum 24 / 45) completion of 16 years of education with 2.5 CGPA or 60% whichever is applicable** • English Composition (MCQs) • English Composition (MCQs) • English Composition (MCQs) Aptitude Test • English Comprehension • English Composition (MCQs) • English Comprehension 2 • English Comprehension (Essay Writing Skills) Component (Essay Writing Skills) • Mathematics (MCQs) (Essay Writing Skills) • Mathematics (MCQs) • Mathematics (MCQs) • Mathematics (MCQs) Aptitude Test - 3 SAT-1 SAT-I & SAT-II (Mathematics) SAT-I GMAT Difficulty Level BBA Degree from IBA, Min 2.5 CGPA & Aptitude Minimum 1900 score in SAT-I Minimum 1840 score in SAT-I & Min 650 Minimum 1840 score in SAT-I OR ACT 2 years’ work experience after BBA 4 Test OR score in SAT-II (Mathematics) OR ACT score of 28 OR Exemption* ACT score of 29 score of 28 Minimum 600 score in GMAT Student 5 Avg Age: 19 Avg Age: 19 Avg Age: mid 20’s Profile BBA Background: 66 credit hours, 45 courses, BBA Background: 43 courses, Min. duration 18 144 credit hours 66 credit hours, Min. 147 credit hours, 48 courses, months Non-BBA 49 courses, 1 Culminating duration 42 months Graduation + 3 Research Research Project 42 courses, 42 courses, Background: 72 6 147 credit hours Experience / Non-BBA Background: Requirement Projects for 150 credit 137 credit hours 138 credit hours credit hours, BBA Thesis Responsible 72 credit hours, Min. BBA hours Min. duration 24 Citizen Initiative duration 48 months (Entrepreneurship) months 8-10 week internship Comprehensive exam Comprehensive exam Tuition fee of Rs 29,500 / - Fees Fall Rs 148,000 / Rs 148,000 / 7 Rs 148,000 / Semester Rs 90,000 / Semester per course for all part- 2014**** Semester Semester time students Last week of 8 Classes Start Last week of August Last week of January & August Last week of January & August August 2 year for Non-BBA Graduate 9 Duration 4 years full time 4 years full time 4 years to 7 years 18 months for BBA Graduate 10 Campus Main / City Main / City Main Main Main / City The above are extracts of the IBA Admission Policy-2014-15 **** The IBA reserves the right to revise the fee without prior notice / Refer to Fee Structure * Participation in Group Discussion & Interview is mandatory ***** Full-Time MS Students shall be paid stipend of Rs: 25,000 / - per month ** For details, see Work Experience requirement *** All equivalency claims shall be evaluated by the HEC (www.hec.gov.pk). Programs on offer 7 Master of Science (MS) Executive MBA Doctor of Philosophy (PhD) Computer Science Masters of Science Masters of Science (Mathematics) Various Specializations Economics Computer Science Mathematics (Morning / Evening) (Economics) A Minimum 16 year’s of education A Minimum 16 year’s of education out of which 4 year’s (BS / MSc - Mathematics) out of which 4 MS / M.Phil / Equivalent in relevant subject from HEC should have spent in an HEC year’s should have spent in an 16 year’s education with 3 year’s post qualification work recognized local / foreign university with: recognized university / degree HEC recognized university / degree experience Minimum 60% aggregate marks in the last degree awarding institute with: awarding institute with: OR OR A Minimum of 60% aggregate marks A Minimum of 60% aggregate marks 14 year’s education with 6 year’s post qualification work A Minimum 3.0 CGPA in the last degree where applicable*** OR OR experience Also have to ful fill specific requirements by the respective A Minimum of 2.50 CGPA on a scale A Minimum of 2.50 CGPA on a departments of 4.00 (as applicable) scale of 4.00 (as applicable) • English Composition (MCQs) • English Composition (MCQs) • English Composition (MCQs) • English Composition (MCQs) • Mathematics (MCQs) • English Comprehension \ (Essay Writing Skills) • Mathematics (MCQs) • Mathematics • Mathematics (MCQs) • Subject Specialization • Mathematics (MCQs) • Subject Specialization GRE General + Specialization GMAT GRE General + Specialization GRE Math Subject Test BBA Degree from IBA, Minimum 2.5 Minimum 650 score in quantitative GRE (Int’l) Minimum 650 score in quantitative GRE (Int'l) Minimum 650 CGPA & 3 years Work Experience OR OR score in GRE OR 160 score in quantitative revised GRE (Int’l) 160 score in quantitative revised GRE (Int'l) subjective Math Minimum 600 score in GMAT Avg Age: mid 30’s Avg Age: mid 20's Avg age: 26 Avg work experience: 10 year’s 54 credit hours 8 courses 8 courses 15 courses & Thesis 55 credit hours 11 Core Courses 8 courses, 2 electives 20 courses 24 credit hours 24 credit hours (9 credit Hours) 28 credit hours 4 electives courses 36 credit hours 72 credit hours + + [45 credit through through courses + + 2 Projects Comprehensive Exam Comprehensive Exam courses 27 credit hours Thesis Thesis 6 credit hours Comprehensive exam + + 9 credit Hours through thesis Dissertation Dissertation through Thesis] All MS full-time students Rs 30,000 / - per course Tuition fee of Rs 29,500 / - are required to pay Rs 20,000 / - per course (for Govt. Employees, armed Monthly stipend and full tuition fee waiver per course for all part-time students Rs 60,000 / - per semester forces as tuition fee***** and non-profit organizations) Last week of January & August Last week of August March, August and December Last week of January & August Last week of 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 ELIGIBILITY REQUIREMENT AND To apply for any of the above Programs QUALIFYING APTITUDE TEST, GROUP DISCUSSION, INTERVIEW AS APPLICABLE. Please visit our website at www.iba.edu.pk or email: [email protected] 8 Programs of Study - An Overview The IBA offers full-time programs in Business Administration & Computer Science both at the Main and City Campus. It also offers a variety of part-time programs at the City Campus in the evening; it is not uncommon to find Entrepreneurs, Practicing Managers, Government Employees and Technocrats attending these programs. The diversity in their work backgrounds makes the interaction a rich educational experience. Specialized executive education programs are conducted by the Center for Executive Education (IBA-CEE) for professionals from the corporate world. The Masters Program offers specialization in the fields of Management, Human Resource Management, Finance, Banking and Marketing. Specializations of MS(CS) such as Net- Centric Computing, Human Computer Interaction, Software Engineering, Intelligent Systems, Information Management, and Theoretical Computer Science are offered in Masters of Computer Science Program. An overview of the programs of study is as follows: Bachelor of Business Administration Bachelor of Science Bachelor of Science (BBA) (Accounting & Finance) (Economics & Mathematics) The BBA Program is a full-time 4-year bachelor Developed jointly by the Institute of Chartered A 4-year degree program with double majors program often referred to as the core IBA Accountants of Pakistan ICAP and Institute of in Economics and Mathematics; it is designed program. It consists of 49 courses of 147 credit Business Administration, Karachi IBA, this 4-year to give students a solid foundation in both Economics and Mathematics. It provides a well hours cumulative. The students go through an program provides an exclusive opportunity to coordinated curriculum for students interested academic program that stresses not just on the the students to receive an academic degree in pursuing masters or PhD in Economics and essentials of business subjects - it also acquaints that leads to a professional qualification. An Mathematics. The program consists of 150 them with the essential concepts of Social exemption of 12 Exams of Module A to D will credit hours. Major disciplines are of Economics Sciences and Liberal Arts. In their freshman be granted to the prospective CA students and Mathematics, the remaining courses are and sophomore years, students study subjects who complete their BS (Accounting & Finance) from other disciplines like Social Sciences, such as History, Anthropology, Psychology, degree from IBA. After graduating from Management and Accounting. Philosophy and Logic, Media Study along with a IBA Karachi, these students would avail the host of electives to major in Marketing, Finance, following benefits: Bachelor of Science Human Resource, Entrepreneurship. (Social Sciences and Liberal Arts) • Exemption from Module A to D • Complete training for 3 years A 4-year degree program with majors being Bachelor of Business Administration • Pass Module E & F (8 courses during training) offered in Political Science, Psychology, and (Entrepreneurship) • Become a Chartered Accountant Media & Communication Studies. The program is A 4-year degree program developed designed to develop in students the theoretical, in partnership with Babson College of Entrepreneurship in Boston, (USA). The programs develops students’ abilities to formulate, explore and create ideas. It trains them to analyze disciplinary and inter disciplinary subjects, including providing hands -on experience in industry, for applying the knowledge and training to generate and sell their ideas in the real world, thus increasing their confidence and creativity. The curriculum integrates Core Business Courses, Social Science Courses and Entrepreneurship Electives which will enable students to develop the necessary skills to become entrepreneurial in thinking and practice. The program consists of 147 credit hours.
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