Institute of Business Management

Institute of Business Management

Type	Private
Established	1995
Chancellor	Muhammad Basir Janmohammad
President	Talib Karim
Academic staff	Visiting: 192 Full time: 162
Students	5000+ (2017)
Undergraduates	2852 (2017)
Postgraduates	2146 (2017)
Doctoral students	53 (2017)
Location	Karachi, Sindh, Pakistan 24°48′46″N 67°07′04″E / 24.8127°N 67.1178°E / 24.8127; 67.1178Coordinates: 24°48′46″N 67°07′04″E / 24.8127°N 67.1178°E / 24.8127; 67.1178
Campus	Main Campus: 11 acres (0.045 km2)[1]
Affiliations	HEC, PEC
Website	http://www.iobm.edu.pk

The Institute of Business Management (IoBM) (Sindhi: انسٽيٽيوٽ آف بزنس مينيجمينٽ‎), also known as "CBM" 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).

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

Overview

IoBM started as College of Business Management offering BBA and MBA degrees.^[2]

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

IoBM has extensive links with North American Universities. Professors from the Universities of Arizona State and Brock have served as Chief Academic Officers of CBM.^[3] The present CBM Dean has over 38 years of experience at the State Bank of Pakistan^[4] and Dean, CCSIS has over twelve years teaching experience in US and Pakistani universities.

IoBM's BBA, BCS and BS Joint (Honors) programs have a compulsory foreign language component (Arabic, French, Spanish, German, Japanese and Italian).

Academic Programs

Admissions

IoBM admissions are held once in a year (June) for all programs, twice (June & Dec) for only engineering programs and thrice ( March, June & Dec) for Executive MBA Students. Admission to IoBM is on a highly competitive basis, and only those who compete successfully on merit are selected for admission. After joining IoBM, students continue to pursue their studies with a high level of competitiveness aimed at professional development. Success in aptitude test and interview conducted by IoBM is mandatory for admission to the institute.

Student achievements and awards

• IoBM team won the CIMA Global Business Challenge (GBC) Pakistan 2010.^[5] Out of 50 teams competing in the initial stages from universities from Lahore and Karachi, four teams qualified for CIMA Global Business Challenge (GBC) Pakistan Final 2010. Of these, two were from IoBM and two from LUMS. IoBM’s team represented Pakistan in Malaysia where prestigious universities from all over the world participated including the UK, Ireland, Hong Kong, Sri Lanka, India, China, Philippines, Malaysia, Singapore, South Africa, UAE and Australia.
• IoBM won the second prize in Unilever Lipton Hunt-a national completion between leading business schools of Pakistan.
• IoBM won the Business Launch Challenge 2010/2011 by P&G Pakistan.^[6] The competition was a part of the P&G Pakistan’s Human Resource Initiatives and was geared towards enhancing students’ grasp of the industry in general and P&G Pakistan’s business in particular. IoBM’s team competed with over 50 teams across Pakistan.

Student life

• Social Welfare And Trust (SWAT)
• Entertainment Plus Society (EPS)
• Alumni Development Program (ADP)
• Mathematics society
• Dialogue Society
• Egalitarians Society
• Strategic Human Resource Society (SHRS)
• The Literary and Public Speaking Society
• CBM Society of Health Managers (CSHM)
• The Management Society
• The Marketing Society
• Vanquishers
• Digicon Informatics Society
• Media society
• IoBM Club For Entrepreneurs.
• Actuarial Science & Risk Management Society (ARMS)

IoBM has a unique type of Event Organization system as compared to other institutes in Karachi. Here, students of different societies are to 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 Jashan e Baharan, the Public talk by Imran Khan had been arranged by the society members themselves.^[7]

Membership in professional bodies

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

• International Association of Universities
• International Association of University Presidents
• Association of Commonwealth Universities, UK
• Association of Universities of Asia and the Pacific (AUAP), Thailand
• Association to Advance Collegiate Schools of Business, USA
• Asian Media Information and Communication Centre (AMIC), Singapore
• Management Association of Pakistan (MAP), (Member, Executive Committee)
• Marketing Association of Pakistan (Vice President for the year 2010-2011)
• Employers Federation of Pakistan
• Institute of Corporate Governance
• International Finance Corporation, USA (IFC)^[8]

Notable alumni

• Ali Kazmi, Toronto–based actor, director and producer
• Sanam Jung, VJ, actor and host
• Palwasha Bashir, professional badminton player
• Ali Ansari, VJ, actor and host
• Rabab Hashim, VJ, actor and host
• Shoaib Iqbal, co-founder Sukoon.com.pk
• Qazi Umair, co-founder Sukoon.com.pk
• Muhammad Saad Sikandar Jangda, founder Symbios.pk

References

Population strategies in Sindh:Semainar by IoBM

External links

• Location
• IBM - HEC Rankings(alternative link)