The Institute of Business Administration (IBA) Karachi is one of the premier business schools in Pakistan. It was founded in 1955, with the aim of offers quality business education to students in the country. It promotes hands-on training and offers 6 months of on-the-job training.
The university is established in partnership with the Government of Pakistan, the Wharton School of the University of Pennsylvania, and the University of Southern California. According to the Higher Education Commission (HEC) ranking, IBA is considered the best university in Pakistan for business studies.
Since its inception, the Institute of Business administration Karachi has been known for its academic excellence and has produced some of the most successful business leaders in the nation. Graana.com discusses its history, academic programs, facilities, and more below.
History
The Institute of Business Administration – IBA Karachi was founded in 1955 with the support of the University of Southern California’s Graduate School of Business Administration. The first batch of students enrolled in the MBA program in 1957.
Since then, the university has expanded its academic programs to include undergraduate, graduate, and executive education programs. The IBA Karachi was declared as a degree-awarding institution by the Government of Sindh in 1994.
IBA has two campuses, one at the University of Karachi and the other in Sadar, Karachi. Currently, over 4,200 students have completed their BBA, BS and MBA degrees at this university. In addition, it offers several cultural exchange programs, and the employment rate of graduates is high. The university is known for its commitment to quality teaching, highly qualified faculty, impressive infrastructure, and vibrant campus life.
Facilities at IBA Karachi
The Institute of Business Administration, one of the best universities in Pakistan, offers a range of facilities to its students and faculty members to enhance their learning and research experience.
Library
It has a well-equipped library that contains a vast collection of books, journals, and research papers. There is also a digital library that provides access to online resources.
Computer Labs
Institute of Business administration Karachi has several computer labs equipped with the latest technology, including high-speed internet, printers, and scanners. The labs are open to students, faculty, and staff for academic and research purposes.
Sports Facilities
The university has several sports facilities, including a sports complex, a swimming pool, a gymnasium, and a squash court.
Hostel Facilities
IBA offers accommodation to its students in separate hostels for males and females. These are equipped with all necessary facilities, including internet access, laundry services, and dining facilities.
Cafeteria
It has a cafeteria that serves a variety of food and beverages to students and staff members.
Auditorium
IBA has an auditorium that can accommodate a large audience for seminars, conferences, and other academic events.
Career Development Centre
IBA has a Career Development Centre that offers career counselling, job placement, and internship opportunities to its students.
Note: IBA may offer additional facilities and services that are subject to change or updates.
Academic Programs
The IBA Karachi offers a range of academic programs, including undergraduate, graduate, and executive education programs. The following are some of its major departments:
- Department of Accounting and Law
- Department of Economics and Finance
- Department of Management and HRM (Human Resource Management)
- Department of Marketing and Supply Chain Management
- Department of Mathematics and Computer Science
- Department of Social Sciences and Liberal Arts
- Department of Entrepreneurship and Innovation
- Department of Leadership and Management
- Department of Public Administration
- Department of Education and Learning Sciences
- Department of Executive Education
- Department of Continuing Education
- Department of Alumni Affairs
- Department of Research and Publications.
Note: These departments may be subject to change or updates.
Undergraduate Programs
- Bachelor of Business Administration (BBA)
- Bachelor of Science in Economics and Mathematics
- Bachelor of Science in Economics and Finance
- Bachelor of Science in Accounting and Finance
- Bachelor of Science in Social Sciences and Liberal Arts
Graduate Programs
- Master of Business Administration (MBA)
- Executive MBA
- Master of Science in Economics
- Master of Science in Mathematics
- Master of Science in Finance
- Master of Science in Accounting
- Master of Science in Management
- Master of Science in Marketing
- Master of Science in Supply Chain Management
- Master of Education in Leadership and Management
Postgraduate Programs
- PhD in Business Administration
- PhD in Economics
- PhD in Mathematics
- PhD in Management
Postgraduate Diploma
- PGD in Human Resource Management (HRM)
- PGD in Supply Chain Management (SCM)
Eligibility Criteria
The eligibility criteria for admission to the Institute of Business Administration varies, depending on the academic program. Here are some general eligibility requirements:
Undergraduate Programs
- Applicants must have completed their intermediate/higher secondary education with a minimum of 60% marks.
- They must have completed 12 years of education in any discipline.
- They must have appeared in an admission test carried out by IBA and scored the required marks.
Graduate Programs
- Applicants must have completed a Bachelor’s degree with a minimum of 2.5 CGPA out of 4.0 or 60% marks.
- They must have appeared in an admission test carried out by IBA and scored the required marks.
Postgraduate Programs
- Applicants must have completed a Master’s degree in a relevant field with a minimum of 3.0 CGPA out of 4.0 or 70% marks.
- They must have appeared in an admission test carried out by IBA and scored the required marks.
Note: These are general eligibility criteria, and specific requirements depend on the academic program. Additionally, other factors such as work experience, research experience, and extracurricular activities may also be considered during the admission process.
Admission Date
The admissions open twice each year:
R1: Opens around April and closes by June
R2: Opens around December and closes by January
Fee Structure
The fee structure for academic programs offered by the Institute of Business Administration varies, depending on the program and the academic year. Here are the approximate fee ranges for some of the programs:
Undergraduate Programs
- Bachelor of Business Administration (BBA): PKR 1,630,000 – PKR 1,900,000 for the entire program
- Bachelor of Science in Economics and Mathematics: PKR 1,500,000 – PKR 1,800,000 for the entire program
- Bachelor of Science in Economics and Finance: PKR 1,500,000 – PKR 1,800,000 for the entire program
- Bachelor of Science in Accounting and Finance: PKR 1,500,000 – PKR 1,800,000 for the entire program
- Bachelor of Science in Social Sciences and Liberal Arts: PKR 1,500,000 – PKR 1,800,000 for the entire program
Graduate Programs
- Master of Business Administration (MBA): PKR 3,300,000 – PKR 3,600,000 for the entire program
- Executive MBA: PKR 4,900,000 – PKR 5,300,000 for the entire program
- Master of Science in Economics: PKR 1,600,000 – PKR 1,900,000 for the entire program
- Master of Science in Finance: PKR 1,600,000 – PKR 1,900,000 for the entire program
Postgraduate Programs
- PhD in Business Administration: PKR 1,200,000 – PKR 1,500,000 per year
- PhD in Economics: PKR 1,200,000 – PKR 1,500,000 per year
Note: These are approximate fee ranges and may be subject to change or updates. Additionally, other expenses such as accommodation, transport, and course materials are not included in the fee structure.
Address
- Main Campus – University of Karachi, University Road
- City Campus – Plot 68 and 88 Garden/Kayani Shaheed Road
Contact Number
021-38104700, 021-38104701
Frequently Asked Questions
What is IBA?
The Institute of Business Administration (IBA) is a leading business school in Pakistan that offers undergraduate, graduate, and postgraduate programs in business, economics, and social sciences.
What academic programs are offered by IBA?
IBA offers undergraduate programs in Business Administration, Economics and Mathematics, Economics and Finance, Accounting and Finance, and Social Sciences and Liberal Arts. Graduate programs include a Master of Business Administration (MBA), Executive MBA, Master of Science in Economics, and Master of Science in Finance. Postgraduate programs include PhD in Business Administration and PhD in Economics.
What is the eligibility criteria for admission to IBA?
The eligibility criteria vary, depending on the academic program. However, general requirements include completion of previous education with a minimum required CGPA or percentage and appearance in an admission test carried out by IBA.
What is the fee structure for programs at IBA?
The fee structure varies, depending on the program and academic year. However, approximate fee ranges are available for each program.
What facilities are available at IBA?
IBA offers a range of facilities, including a library, computer labs, sports, hostel, cafeteria, auditorium, and Career Development Center.
What are the career opportunities for graduates of IBA?
Graduates of IBA have a variety of career opportunities in various fields, including banking, finance, consulting, marketing, management, and academia. The university also offers job placement and internship opportunities through its Career Development Centre.
Is IBA accredited?
Yes, IBA is accredited by HEC, and recognised by the Pakistan Engineering Council (PEC) and the Association to Advance Collegiate Schools of Business (AACSB).
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