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Institute of Business Management, Karachi

Coordinates: 24°48′46″N 67°07′04″E / 24.8127°N 67.1178°E / 24.8127; 67.1178
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Institute of Business Management
TypePrivate sector institute
Established1995[1]
FounderShahjehan Syed Karim
ChancellorMuhammad Bashir Jan Muhammad
PresidentTalib Syed Karim
Academic staff
Visiting: 192 Full time: 162
Students6000+ (2023)
Undergraduates3000+ (2017)
Postgraduates2146 (2017)
53 (2017)
Location, ,
24°48′46″N 67°07′04″E / 24.8127°N 67.1178°E / 24.8127; 67.1178
CampusMain Campus: 11 acres (0.045 km2)
NicknameIoBM, Karachi
AffiliationsHigher Education Commission of Pakistan
Pakistan Engineering Council
Website[1]

The Institute of Business Management (IoBM) is a private university and business school in Karachi, Pakistan. IoBM is composed of four colleges, the College of Business Management (CBM), the College of Economics and Social Development (CESD), the College of Computer Science and Information Systems (CCSIS) and the College of Engineering Sciences (CES).[1][2]

In January 1998, a bill was unanimously approved by the Provincial Assembly of Sindh for establishing a university known as the Institute of Business Management in the private sector.

In 2022, Kamran Tessori, Governor of Sindh, speaking at this institute's annual convocation, described it as Pakistan's key educational institutions. He is also quoted as stating, "In the form of IoBM, late Shahjahan S. Karim has given the country an institution that now has become a pride for Pakistan. Today, as you graduate from this auspicious university, it is crucial to embrace and portray the positive side of Pakistan as you step into the corporate world".[3]

Recognized institute

Institute of Business Management, Karachi is a recognized institute by the Higher Education Commission of Pakistan.The Institute of Business Management (IoBM) is widely regarded as the best business school in Pakistan. Located in Karachi, this prestigious institution is renowned for its top-notch education, state-of-the-art research facilities, and strong industry linkages. IoBM's graduates consistently excel not only at the national level but also on international platforms, earning accolades and making significant contributions in various fields. The curriculum is meticulously designed to meet industry demands, ensuring that students are well-prepared for the dynamic business world. With a focus on innovation, leadership, and ethical practices, IoBM stands as a beacon of excellence in business education, attracting the brightest minds and fostering a culture of intellectual growth and professional development. [4][5][2]

Overview

IoBM started in 1995 as a College of Business Management offering BBA, MBA and Phd degrees.[1][2]

IoBM is built on a 9 acres (36,000 m2) site.

The Institute of Business Management (IoBM) boasts a beautiful and modern campus with several architecturally impressive buildings. Here is a list of the buildings and some praise for their architecture:

1. Shahjehan S. Karim (SSK) Center

  - This building is a blend of modern and traditional architectural styles, providing a conducive environment for learning and research with its spacious lecture halls and state-of-the-art facilities.

2. Tabba Academic Block

  - Known for its sleek design and functional layout, the Tabba Academic Block houses several classrooms and administrative offices, offering an efficient and aesthetically pleasing space for academic activities.

3. Adamjee Academic Block

  - This block features contemporary design elements with a focus on sustainability, incorporating natural light and energy-efficient systems to create an eco-friendly educational space.

4. CBM Building

  - The CBM Building, with its striking facade and innovative structural design, is a hub for business management studies, equipped with the latest technological advancements to support interactive learning.

5. Library and Resource Center

  - A testament to modern architectural excellence, the Library and Resource Center provides a serene and inspiring environment for students and faculty, with vast collections of books and digital resources.

6. Student Activity Center

  - Designed to promote student engagement and wellness, this center includes recreational facilities, a gymnasium, and spaces for extracurricular activities, all within a beautifully designed structure.

7. Entrepreneurial and Management Excellence Center (EMEC)

  - EMEC's architecture reflects its mission of innovation and leadership, featuring open spaces, collaborative areas, and advanced facilities to foster entrepreneurial spirit and managerial excellence.

The architecture of IoBM's campus is not just about aesthetics but also about functionality and sustainability. Each building is thoughtfully designed to provide a comfortable and stimulating environment for students, faculty, and staff, contributing to the overall excellence of the institution.


IoBM is the only university in Pakistan, where undergraduate programs BBA, BCS and all BS Joint (Honors) have a compulsory foreign language course, which makes IoBM programs distinguished.

List of foreign language include:

  1. Arabic
  2. Chinese
  3. French
  4. German
  5. Italian
  6. Japanese
  7. Turkish

Mostly, these languages are taught by persons belonging to their respective embassies, giving great exposure to the students of IoBM.

Academic programs

College of Business Management

  • BBA (Honors)
  • BS (Honors) Economics and Finance
  • BS (Honors) Accounting and Finance[2]
  • BS Entrepreneurship
  • BS Social Entrepreneurship and Social Leadership
  • BS Industrial Management
  • BS Logistics and Supply Chain Management
  • MBA (Regular)
  • MBA (Executive)
  • MBA Health and Hospital Management
  • MBA Advertising and Media Management
  • MBA Finance and Risk Management
  • MBA Environment and Energy Management
  • MBA Educational Management
  • MBA Logistics and Supply Chain Management
  • MS in Business Management
  • MS in English Applied Linguistics
  • MPhil in Business Management
  • PhD in Business Management
  • PhD in Environmental and Energy Management

College of Computer Science and Information Systems

  • BS Computer Science
  • BS Actuarial Science and Risk Management
  • BS Mathematics and Economics
  • BS Data Science
  • BS Mathematics and Computational Finance
  • BS Software Engineering
  • BS Statistics and Business Analytics
  • MS Mathematics and Scientific Computing
  • MS Statistics and Scientific Computing
  • MS Computer Science
  • PhD Computer Science
  • PhD Statistics and Scientific Computing

College of Engineering and Sciences

  • BE Electrical Engineering in Electronic and Telecommunication
  • MS Engineering Management
  • MS in Electrical Engineering[2]

College of Economics and Social Development

  • BS (Honors) Accountancy, Management & Law
  • BS (Honors) Media Studies
  • BS Economics, Law and International Relations (ELI)
  • BS Economics, Media and International Relations (EMI)
  • BS (Honors) in Business and Psychology
  • BS Psychology
  • BS Education
  • MBA Educational Management
  • MSc Organizational Psychology and Human Resource Management
  • MSc Energy Economics, Environment and Policy
  • MPhil in Organizational Psychology
  • MS Economics
  • MPhil Education
  • PhD Education
  • PhD Economics[2]

Admissions

IoBM admissions are held twice in a year (March and August) for all programs and thrice ( March, June & Dec) for Executive MBA Students. Admission to the Institute of Business Management (IoBM) is highly competitive, reflecting the institution's esteemed reputation and commitment to academic excellence. Prospective students undergo a rigorous selection process, which includes a comprehensive entrance exam, interviews, and a thorough evaluation of academic records and extracurricular achievements. The high standards ensure that only the most talented and dedicated individuals are admitted, fostering a dynamic and intellectually stimulating environment. This competitive admission process not only maintains IoBM's high academic standards but also attracts a diverse pool of ambitious and capable students, who are driven to excel and contribute to the institution's legacy of producing leaders and innovators in the business world.

Student life

IoBM has a unique type of Event Organization system as compared to other institutes in Karachi. Here, students of different societies arrange all the events themselves with no professional or financial help from IoBM as IoBM's management believes that its students should be self-dependent & take up tasks themselves which will have a positive impact on their personality development. All the recent events in IoBM such as Fun Week (the last week of a graduating batch), CBMUN (Model United Nation) Jashan e Baharan, the Public talk by Imran Khan had been arranged by the society members themselves.[6]

  • Entertainment Plus Society (EPS) - Organised all the events related to entertainment such as concerts, functions etc.
  • Digicon Informatics Society (DIS)
  • Social Welfare And Trust (SWAT) - Responsible for social work
  • Alumni Development Program (ADP)
  • Mathematics society
  • Dialogue Society
  • Egalitarians Society[7] - Responsible for raising awareness on Socio-Economic, Political and Philosophical issues such as Economic Justice, Gender Equity, Climate Change, Social Welfare etc. They organize events such as Conferences where Activists , Journalists and Intellectuals are given a platform to educate the youth.
  • Strategic Human Resource Society (SHRS)
  • The Literary and Public Speaking Society - Responsible for organizing debates, and a literature festival.
  • CBM Society of Health Managers (CSHM)
  • The Management Society
  • The Marketing Society
  • Vanquishers - Organizing the sports events in IoBM.
  • Canva society
  • IoBM Club For Entrepreneurs.
  • Actuarial Science & Risk Management Society (ARMS)

Membership in professional bodies

IoBM is an active member of the following international and national professional bodies.

References

  1. ^ a b c Overview of Institute of Business Management QS TOPUNIVERSITIES website, Retrieved 1 April 2023
  2. ^ a b c d e f University Overview of Institute of Business Management University Ranking (uniRank, Australia) website, Retrieved 1 April 2023
  3. ^ Faiza Ilyas (11 December 2022). "Degrees awarded to over 1,370 students at IoBM convocation". Dawn (newspaper). Retrieved 1 April 2023.
  4. ^ "Recognized Universities and Degree Awarding Institutions (Institute of Business Management, Karachi is on the list under Private Sector Universities/Institutes chartered by the Government of Sindh)". Higher Education Commission of Pakistan website. Archived from the original on 16 January 2013. Retrieved 31 March 2023.
  5. ^ "Pakistani Universities ranking by Higher Education Commission of Pakistan (HEC) (listed under the title Business/I.T.)". Archived from the original on 27 June 2013. Retrieved 1 April 2023.
  6. ^ "Imran Khan visits IoBM". The Express Tribune (newspaper). 22 February 2011. Retrieved 1 April 2023.
  7. ^ "Home | the Egalitarians Times".
  8. ^ Council for Higher Education Accreditation (CHEA, United States) - Membership List (IoBM Pakistan is on the List)