The Institute of Business Administration (IBA), Karachi inked down a MoU with the University of Malaya (UM), Kuala Lumpur, Malaysia at the Main Campus, Karachi. Dr. Ishrat Husain, Dean & Director, IBA Karachi and Tan Sri Dr. Ghauth Jasmon, Vice Chancellor, University of Malaya penned down the MoU and the Student and Faculty Exchange Agreement which will facilitate students and faculty transfers; joint researches, sharing of publications and academic material in the near future.
Realizing the importance of internationalization in modern age, IBA is extending its boundaries by establishing linkages with overseas universities to optimize academic collaborations. To fulfill this quest MoUs with Indian School of Business, University of Maryland and a few others have already been signed in the recent past. Since, IBA shares somewhat similar legacy as of University of Malaya “There is no doubt that this collaboration will be a success!” said Tan Sri Dr Ghauth Jasmon, Vice Chancellor, University of Malaya. He further added “We want to work closely in terms of research and are looking forward to initiate the student and faculty exchange program from next semester”.
The delegation of Malaya visiting IBA comprised of Professor Dato’ Dr. Mohd Sofian Azirun, Dean, Faculty of Science; Prof. Dr. Noor Azina Ismail, Acting Dean, Faculty of Economics and Administration; Prof. Dr. Saad Mekhilef, Head of Department of Electrical Engineering; Yusoff Musa, Registrar; Dr. Jagdish Kaur , Deputy Director, International and Corporate Relations. An enriching discussion was held between the UM delegates, IBA program directors, faculty and students in which the need for publishing research papers accepted in ISI Accredited Journals was stressed upon. According to Dr. Ishrat “There is much virgin land of research topics in Pakistan and it is expected that the right tools and guidance in future will help capitalize upon them”.
Showing their support to IBA and to meet the esteemed guests Higher Education Commission (HEC) Members Ghulam Hyder Khan, Director and Sulaiman Ahmad, Deputy Director also attended the ceremony. There is a strong belief that this partnership will be exemplary and effective and it is hoped such collaborations will provide IBA and University of Malaya with the right talent to progress internationally.
About University of Malaya (UM)
Situated in Kuala Lumpur, the University of Malaya (UM) is a Research University with a comprehensive range of disciplines. It has a proper Institute of Research Management and Monitoring (Institute Pengurusan Penyelidikan dan Perundingan, IPPP) set up, along with research clusters and centers which will help further develop the research centers at IBA. Recently two of its research centers have been selected as Centers of excellence (COES).
About Institute of Business Administration (IBA)
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. 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. A bill is pending in the Assembly for conferring the status of a University to IBA. In spite of 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, business administration and Computer Sciences.
IBA History: http://www.iba.edu.pk/about_iba.html