Top 10 Business Schools of Pakistan: What people recommend!

Karachi: Institute of Business Administration tops the list of best business school of Pakistan, says a survey of The News Tribe.

The survey was held among 18-24 years old post graduate youths and the sample was taken all over the country.

Contrary to Higher Education Council’s ranking which is already being criticized of its vague criteria of assessing universities, the survey by The News Tribe, the largest independent bilingual news website, sees the matter from peoples perspective.

The people see these business schools as top 10 in the country.

Institute of Business Administration (IBA)                                                   

About 33 % people say that IBA ranked first among business schools in Pakistan. The IBA was set up in 1955 in collaboration with the Wharton School of the University of Pennsylvania and is the first business school in South Asia set up on the U.S. MBA model.

It started as a business school within the University of Karachi. Its status was elevated to become an independent, degree-granting institution in Pakistan in 1994. In the same year IBA received a charter from the Sindh government. In 2011, the Institute of Business Administration joined a group of seven other top business schools in South Asia.

Suleman Dawood School of Business, Lahore University of Management Science (LUMS):    

About 30 % people say that business school of LUMS ranked second in Pakistan. One of the largest universities in Pakistan, the Lahore University of Management Science (LUMS) is world class academic institution with a proud history of achievements and ambitious plans of future.

The idea of establishing the university took root in the mind of Syed Babar Ali, Pro Chancellor, with support of ten leading public and private sector Corporation of Pakistan, National Management Pakistan (NMP) the sponsoring body of the University, was incorporated on November 7, 1984.

In addition to this the government also granted authorization to set up other schools under the aegis of the “Lahore University of Management Sciences”. Since its inception in 1985, LUMS has strived to achieve the aim of imparting world class education while encouraging research and intellectual growth in the country. As a result, LUMS has played a key role in setting high standards of academics and producing professionals who can compete with counterparts from any university across the world.

Lahore School of Economics:

Around 9 % people say that Lahore School of Economics ranked third in Pakistan. It was established in 1993, and chartered by government of Punjab in 1997. It has two campuses; the main campus is situated in DHA phase VI and spread over 35 acres (140000 m2), and the city campus is situated in Gulberg near Central Liberty market.

Shaheed Zulfikar Ali Bhuto Institute of Science and Technology (SZABIST) and Iqra University:

As many as 7% people say that SZABIST and Iqra University both ranked fourth in Pakistan, but as to make listing proper, SZABIST has been ranked fourth and Iqra University on fifth position.

Shaheed Zulfiqar Ali Bhuto institute of Science and Technology (SZABIST) is a fully chartered institute established through a Legislative Act of the Sindh Assembly (Sindh Act No. XI of 1995) and is approved and recognized by the Higher Education Commission (HEC), Pakistan, as a degree granting institution. SZABIST today is identified as a major university comprising of four campuses (including one foreign campus) three diploma centers, three intermediate colleges and one research center. Over 3000 degrees have been awarded by SZABIST to date.

Iqra University is a private higher education university in Pakistan. The main campus is situated in Karachi, Sindh with other campuses in Karachi, Islamabad and Quetta. It was established in 1998 by a businessman Hunaid H Lakhani, initially known as “Asian Management Institute”  was later named as Iqra University on the request of government of Sindh. Iqra University has maximum number of Ph.D teachers in Pakistan. All engineering programs have been offered after approval of Pakistan Engineering Council.

FAST Business School and Sukkur Institute of Business Administration:

About 4 % people say that FAST and Institute of Business Administration, Sukkur, ranked 6 simultaneously. But again to make a formal listing, FAST Business School has been given sixth and Sukkur IBA on seventh position.

The National University of Computer & Emerging Sciences has the honor of being the first multi-campus private sector university set up under the Federal Charter granted by Ordinance No.XXIII of 2000, dated July 01, 2000. These institutes, individually as well as collectively, have established leadership position due to the splendid vision of an enlightened management and tireless efforts of a highly qualified faculty. Over the years FAST has become the hallmark of excellence in academic arena, domestic market and international community.

Dream of “Sukkur IBA Center of Excellence” was converted into reality in 1994-95 by academically affiliating it with IBA Karachi and keeping in mind the factor that quality professionals cannot be visualized without strenuous studies, constant struggle, supported by high caliber teaching faculty and modern support services.

In the inception Sukkur IBA started working in a hired building facility provided by Public School Sukkur. Within 5 years Sukkur IBA shifted to its own beautiful building on November 7, 2000. One of the most beautiful buildings in Sindh, constructed with special red bricks, stands gracefully at airport road Sukkur. IBA’s academic block covers a spacious area of 21,000 sq feet, constructed at cost of Rs. 15.928 Millions. Sukkur IBA spans over a vast area of 18 acres. Having its own facilities of Auditorium, Girls Hostel, Boys Hostels, Faculty Hostel, Car Parking, Power Generators, Cafeteria, Director’s Residence and Mosque all surrounded by lush green lawns and fruit trees where students spend their time for different recreational activities.

Karachi University Business School (KUBS):

As many as three percent people in survey say that KU Business School ranked 8th in Pakistan. The history of the University of Karachi (KU) dates back to October 1950 when the university was established under the Karachi University Act passed in the Pakistani parliament.

The Karachi University Business School (KUBS) was established in the year 1999-2000 because Institute of Business Administration (IBA a constituent of University of Karachi) was declared autonomous degree awarding institution.

KUBS within short period of eight years has become well established institution with good reputation and high image in the business world. MBA (Banking and Finance) two years professional program is also run jointly with Institute of Bankers Pakistan (IBP). The admissions of which are announced separately.

Institute of Business Management (IoBM):

About 2 % people say that the Institute of Business Management ranked 9th in Pakistan. The Institute of Business Management (IoBM) is a university and business school based in Karachi. It 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).

National collage for Business Administration and Economics Lahore:

Over 1 % people say that National collage for Business Administration and Economics (NCBA&E) Lahore ranked 10th in Pakistan. Back in 1994 NCBA&E was founded as a private institute. Practicing excellence in teaching, learning and a close partnership with industry, its commitment and hard work earned a well reputed place in the aspects of management studies. In 1997 Computer science was introduced as a practicing discipline and in 2002 finally the college got the charter from the Government of the Punjab. This was in recognition of the never ending excellence and dedication for improvement by the college administration.

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  1. Student said:

    Hina Rabbani Khar graduated from LUMS! That`s quite impressive.