Future Strategic Direction
Having realized that it can no longer thrive on its past laurels and has to adapt itself to the changing market demands IBA has embarked upon an ambitious five year strategic plan with the objective to become one of the top 100 global business schools and one of the top 10 regional business schools. It has benchmarked itself against a few chosen business schools in India, Singapore, China, Hong Kong and Turkey. The four pillars of this strategy are:
- Investment in physical infrastructure
- Faculty Development
- Technology upgradation
- Community outreach and links to industry
IBA is exploring collaborative partnerships, alliances and exchange programs with the top business schools. Generous financial supports from HEC, foundations, private sector have been obtained to implement this plan in the next five years. IBA has recently become the first institution in Pakistan to become partner of CFA Institute, SAP University alliance and other such ventures. Seeking accreditation to the Asian, European and US bodies are part of the plan. The management is seeking other avenues of collaboration with the Universities and B-schools in Asia.