IBA is the oldest business school outside North
America. It was established in 1955 with initial technical support
provided by the world famous Wharton School of Finance, University
of Pennsylvania; later, the University of Southern California set up
various facilities at the Institute and several prominent American
professors were assigned to the IBA. The course contents, the
curriculum, the pedagogical tools and the assessment and testing
methods were developed under the guidance of reputed scholars from
these two institutions. IBA has zealously guarded the high standards
and academic traditions it had inherited from Wharton and USC while
adapting and adjusting them with the passage of time.
Till 1994, the University of Karachi awarded degrees to the
graduates. In that year, the Sindh Assembly elevated the Institute's
status to that of a degree-awarding institution. Despite a rapid
increase in the number of business schools, the IBA has maintained
its position as the premier Institution of higher learning in the
field of Management and Business Administration.
The IBA initially offered its MBA program only for day scholars. In
1957, an Evening Program was started to cater to the needs of the
numerous working executives and managers who were interested in
furthering their careers through part-time business studies. In
1982, a three-year BBA (Honors) Program was introduced which has now
been upgraded to a four-year BBA program.
The Faculty of Computer Science was originally established as the
Center for Computer Studies in 1983 with the collaboration of IBM,
Pakistan. It initially offered a diploma in System Analysis to
overcome a shortage of software professionals in the country. It now
offers BS (Computer Science), MS (Computer Science), and PhD
programs. The PhD degree is being offered in the areas of Computer
Science and Engineering (CSE), Information and Communication
Technology (ICT), Operations Research, Artificial Intelligence,
Cryptography, Numerical Analysis and Numerical Computing.
In 2009, IBA introduced its first weekend Executive MBA Program (EMBA),
focusing on the needs of the mid-career professionals, serving in
the Corporate Sector, Banks and Government departments. The
curriculum, methodology and course material have been developed in
consultation with industry experts and lead resource persons.
Currently 280 participants from more than 100 organizations are
attending this program steered by leading professionals and senior
IBA has recently introduced new BS degree programs in Economics and
Mathematics (Double Major), Social Sciences, Accounting and Finance
and also MS/ Ph.D. programs in Economics and Mathematics.
The Center for Executive Education (CEE) organizes customized
courses for corporate clients and holds short courses on emerging
issues and themes for those engaged in business. CEE has strategic
partnership with the Indian School of Business whose faculty
conducts courses and seminars at Karachi.
The newly established Center for Entrepreneurial Development (CED)
at the IBA is a breeding ground for new business startups by the
students. The Center hosts more than 40 incubator and accelerator
companies in its premises and provides a conducive research and
development environment f o r innovation, and turning ideas into
business opportunities. It aims to put Karachi on the
entrepreneurial map of the world. IBA has a 10 year collaborative
partnership with Babson College in Boston which is the top most
entrepreneurship institute in USA.