IoBM

SEMINAR

EXPLORES

THE KEY TO THE EU MARKET

EU trade concessions for Pakistan‟s Textile Industry

highlighted a Seminar held at the Management Excellence Centre, IoBM. The points were German assistance to the textile Industry of Pakistan, EU politics of the MFN regime, challenges and trends in the textile Industry of Pakistan in the EU perspective. The speakers were Dr. Mirza Ikhtiar Baig, Federal Advisor on Textile, Government of Pakistan; Mr. Zafar Mahmood, Secretary Commerce, Government of Pakistan; Mr. Tariq Puri, Chairman Trade Development Authority of Pakistan; Mr. Dieter Freund, Deputy Head of German Consulate Karachi, Prof. Dr. Naveed Ahmed Tahir, Chairperson, Area Study Centre for Europe, KU and contributors to interactive session from IoBM.

The Seminar acknowledged EU supporting trade concessions for Pakistan in the aftermath

of devastating floods across the country for as many as 75 export items, mainly from the textile sector. Mr. Talib Karim, Rector, IoBM welcomed the guests and said that IoBM focuses on questions related to trade and investment co-operation between Pakistan and the EU so as to understand and support linkages between EU‟s public support program and the business community in Pakistan.

Mr. Shahjehan S. Karim, President and Dr. Khalid Amin, Head of HRM and International Relations, Institute of Business Management (IoBM), with Dr. Stasys Vaitkevicius, Vice Rector for Development and International Relations and Ms. Audra Dargyte Burokiene, Head International Exchange Unit, Mykolas Romeris University, Vilnius, Lithuania, on the visit to the European Union‟s Erasmus Mundus Secretariat on

Thursday, March 3, 2011 in Brussels, Belgium.

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INTERNATIONAL PERSPECTIVES

I N A C A D E M I C E X C E L L E N C E

To upgrade IoBM to an international level, Mr. Shahjehan S. Karim, President, IoBM has

initiated programs for multilateral and bilateral academic cooperation with leading Universities of

Higher Education in Europe and Asia. One such multilateral program is Erasmus Mundus of the European Union. Erasmus Mundus is a cooperation and mobility program in the field of Higher Education aimed at enhancing the quality of Higher Education in the EU Universities and the Universities outside Europe. President, IoBM has successfully formed a Consortium of seven leading Universities of Europe and seven universities of Asia under which students, faculty members and management staff of IoBM will be able to pursue Higher Education and Training in European Universities funded by the E.M. Program. Last February, Mr. Shahjehan S. Karim, President, IoBM and Dr. Khalid Amin met Heads of leading Universities of Spain, France, Germany and Lithuania, and signed MoUs for bilateral and multilateral exchange of students and faculty. A formal meeting was also held with officials of the Erasmus Mundus Secretariat in Brussels, Belgium to have the E.M. Consortium approved. A meeting was also held in Paris with Mr. Martial Guiette, CEO and Founder of Eduniversal for up gradation of IoBM‟s international academic ranking. ===========================================================================================================

MICROFINANCE PROVIDERS IN ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT OF PAKISTAN

IoBM Finance Society, in collaboration with Pakistan Microfinance Network, held a seminar at IoBM on “Role of Microfinance Providers in Entrepreneurship and the Economic Development” on April 4, 2011. The objective was to discuss the importance of micro finance and the role of Microfinance Providers in developing entrepreneurship and economy. This seminar provided guidelines to students interested in

joining microfinance institutions as interns or upon graduation. IoBM invited such distinguished speakers from micro finance providers, SBP and other stakeholders as Syed Asghar Hussain, Executive Manager, Product Development, Tameer Microfinance Bank Limited (Head Office); Mr. Abdul Haseeb, Joint Director, Agriculture Credit and Microfinance Department, State Bank of Pakistan; Sarfaraz Ahmed, Senior Vice president, Islamic Banking Division, National Bank of Pakistan; Syeda Shehrbano Kazim, Communications Analyst, Pakistan Microfinance Network; Hameed Uddin Ahmed, Head of Operations, Pak Oman Microfinance Bank Limited.

IoBM Highlights

IoBM Highlights is coordinated, edited and promoted by the Public Affairs Section.

Inquiries may be addressed to Mr. Parvez Jamil, Manager Public Relations and Student Affairs,

Institute of Business Management ( IoBM), Korangi Creek, Karachi –75190, Pakistan.

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FIRST AND FOREMOST ARE INDEED THE STUDENTS

Each and every student from that strong student body of over 3500 is a cherished treasure of IoBM. While Ms. Sabina Mohsin, Executive Director, Administration, Admissions and Finance, guides a task-focused management and staff, Mr. Talib Karim, Rector, mobilizes insights and initiatives in career focused, diversified and value added learning, teaching, research and training programs. The guiding light emanates from Mr. Shahjahan Karim, President, IoBM.

HoDs: Guiding light of IoBM

Leading from the front

Dr. Javed Ansari, Dean CBM

From left to right: Ms. Shahnaz Meghani, HoD, Marketing; Mr. Javed Ahmed, HoD, Management; Ms. Fareeda Ibad, HoD, Communication; Mr. H. Jamal Zuberi, HoD, Accounting and Finance; Dr. Shahida Wizarat, HoD, Economics; Dr. Khalid Amin, HoD, HRM; Dr. Asima Zahid, HoD, Health and Hospital Management; Mr. Aslam Dossa, HoD, Commerce; Dr. Nasreen Hussain, Senior Fellow, Education; Dr. Shahid Amjad, HoD, Environment and Energy

Management; Dr. Fakhir Musharaf of Actuarial Science and Risk Management.

Dr. Ejaz Ahmed, Professor of Statistics & Head of Computer

Science

Dr. Mohammad Irshad Khan, Senior Fellow & HoD, Industrial

Engineering

I o B M i n s e a r c h o f e x c e l l e n c e t h r o u g h t h e Q E C

QEC, comprising Dr. Akhlaq and Mr. Moin Khan, has achieved a milestone. The following is an excerpt of a letter of February 24, 2011 from HEC to Mr. Talib Karim, Rector IoBM: “QEC established at your university has scored 82 out of a total of 100 on the basis of desk monitoring through quality process reports and SARs submitted by the QEC. This scoring brings your QEC among the top performers (80-100 score points).”

Winners from IoBM

Brand Anatomy Extravaganza at Szabist

Institute of Business Management won the first position in Brand Anatomy Competition held at SZABIST. The team was awarded a trophy, certificates and cash prize of Rs 25,000. The Winning team members are: Soohnia Pari Sheikh, Salman Humayun Faizan Saeed and Zauwia Riaz. Our heartiest congratulations to the winning team for bringing

laurels to the Institute.

„ H O W C O M P A N I E S P L A Y T O W I N ‟ National and multinational companies brainstormed on business excellence strategies at a Marketing Conference on „How companies play to win‟, organized by the Institute of Business Management (IoBM) in collaboration with the Marketing Association of Pakistan (MAP), at the IoBM auditorium, CBM building on March 12, 2011. Such speakers presented their views at the Conference as Mr. Mahmood Amin, CEO, Kraft Foods; Mr. Miftah Ismail, CEO, Ismail Industries Ltd.; Mr. Shamyl Mooraj, CEO, Volvo Penta Ltd., Mr. Ejaz Wasay, Senior Fellow, Marketing, IoBM.

The Panelists at the Conference were Mr. Muhammad Nanji, COO – U. G. Foods; Mr. Fuad Chundrigar, VP–Marketing, Engro Foods; Mr. Farhan Ahmed, Head Corporate Communication and PR, HSBC; Mr. Raheel Pasha, Sr. Brand Manager, Savoury and Drinks, Unilever; Mr. Aly Mustansir, Head Marketing and Brand Management, HBL. The opening and closing remarks at the Conference were scheduled by Mr. Talib Karim, Rector and Ms. Sabina Mohsin, Executive Director, IoBM respectively. IoBM students‟ Marketing Society has played an instrumental role in organizing this Marketing Conference amid the guidance of Ms. Shahnaz Meghani, HoD Marketing and Faculty Advisor, Marketing Society.

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B l o o m i n g w i t h t h e B r a n d C a r n i v a l

Brand Carnival 2011 was a two-day exquisite event organized

by Marketing Society, IoBM where various organizations

showcased their brands and promoted them. This event, held at

the IoBM campus, began on 30th

January 2011 and ended the

next day with full boom and hype and on a promising note.

Coca Cola rejuvenated the cricket junoon among students, and created long

queues of students who wanted to get their fair share of junooni pics. It

featured purpose-built booths where fans recorded brief messages and posed

for pictures. The photos were printed and framed for each participant at the event. It was further complemented by

the perpetually cheerful presence of Chacha cricket, the symbol of cricket

passion in Pakistan. Chacha kept on waving the national flag and pulled huge

numbers of students to the Coca Cola section. Just nearby Ideas by Gul Ahmed

introduced its brand new collection of menswear and Nuance pulled a huge

number of students with its exclusive collection of T-Shirts while just beside

them HP put on an impressive display of all new and highly sophisticated range

of Laptops and printers. The ‘skin angels’ from Vaseline ensured that many

eyes kept glued to them who in turn provided some amazing skin solutions to

the interested onlookers. Next to Vaseline’s stall were Sensodyne medical

specialists who conducted chill tests on the students’ teeth. Some of the tests

were really fruitful and many students were found taking the chill tests. Just

nearby Blue Ribbon promoted their fresh range of mouth fresheners with a heavy free sampling activity.

Knorr kept the students warm with boiling hot soups and stalls belonging to Subway and Karachi Roll ensured a

constant supply of fresh and delicious snacks. Toyota Central Motors exhibited a range of new models of Toyota

Hilux Turbo, Avanza and Daihatsu Terios. The sparkly cars with all pomp and splendor were more than an

attraction for auto lovers. And for those who didn’t get to taste Omore yet,

there it was! A typical Omore vendor cart was right there in the middle,

surrounded by keen customers dying to have a taste of it. Until the

afternoon of the last day the Omore cart was among the most visited stalls

at the entire carnival. Other brands like KarachiSnob.com, Oxygene

Pakistan and Radioactive 96FM covered the event on their respective

mediums. Some major services brands such as UBL Fund Managers with

innovative financial solutions and ISE cards with some stunning services

on offer for students were extra attractions and had many visitors by the

second day. PTCL introduced its new EVO 3G 3.1 which promises a superior roaming 3G internet experience and

FedEx demonstrated its powerful presence in the Pakistani courier market with some excellent promotions.

DELVING ON THE ‘DIMENSIONS ’

‘Dimensions’, the annual magazine published by the Marketing Society was

also formally launched at the event. It was a moment of pride and joy for the

whole team of the Marketing Society and especially the publications and

research team whose hard work and dedication ensured that the magazine is

launched in time and with some incredible research and analysis. The Brand

Carnival was also attended by Mr. Masood Hashmi, President Marketing

Association of Pakistan (MAP). He, along with the Rector of IoBM, Mr. Talib

Karim, took keen interest in the entire occasion besides highly appreciating

this unique enterprise. All in all, the event was a marked success for the

Society itself and for IoBM. It provided a perfect platform for the students to

have a direct interaction with the corporate sector and some really creative

marketing activities which gave them a first hand experience of the marketing

dynamics in this ever changing environment. The huge number of students

who participated in this event made it a noticeable accomplishment on the

part of the Marketing Society which h as always tried to bridge the gap

between the businesses and the academies through events like the Brand

Carnival. The credit goes to the whole marketing team and especially to the

Faculty Advisor Ms. Shehnaz Meghani, President Mr. Roydon D’mello and Vice president Mr. Syed Zain Abid for a

remarkable show of excellent team coordination and skillful management of this entire event. --- Hayat Omer Malik

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STREAMLINING POPULATION STRATEGIES

An interactive Seminar on Population Strategies in Sindh: New developments under the 18

th Amendment,

jointly organized by the Centre for Studies in Sindh, Institute of Business Management (IoBM) and Rotary Fund for Population and Sustainable

Development in Karachi recently, addressed core issues from Mother and Child Health in Sindh to Population and Development in Sindh, especially in the social sector.

The Chief Guest at this Seminar was Mr. Nisar Khuhro, Speaker, Sindh Assembly and was attended by Mr. Shahjehan Karim, President IoBM, Dr. Mehtab S. Karim, Senior Fellow, George Mason University, USA and Visiting Professor, IoBM, Dr. Farhan Essa Abdullah, Director Operations and Technical Services, Dr. Essa‟s Lab and Diagnostic Centre, Mr. Talib Karim, Rector, IoBM. Mr. Bashir Ahmed Mangi, Director General Population Welfare Department, Government of Sindh, Mr. Naseer Nizamani, UNFP and Rotarians: Dr. Ali Akhter and Mr. Irfan Qureshi. It was largely attended by distinguished IoBM faculty and media.

Mr. Nisar Khuhro said that there were two concerns regarding population welfare. These problems pertained to controlling the population and caring for the population. He opined that infrastructure and facilities regarding population welfare were present. He said that manpower was also available in this regard. But the primary problem, he added, was to monitor the working of personnel responsible in population welfare. It is a challenge for our economists to address the fact that 10 million young people have not contributed anything to the economy and are immobilized. He expressed deep concern over idleness of the youth leading to conflict, violence and crimes. He called for vision, innovation and commitment to address magnanimous population growth

and plan today for tomorrow‟s water and food needs, law and order and socio-economic development. Dr. Mehtab Karim said that while Pakistan‟s population was growing at alarming proportions, Muslim countries like Iran and Bangladesh were examples in population planning. At the provincial level, he added, a Population Policy for Sindh needs to be formulated and well-defined. Specific strategies need to be developed to successfully meet the challenge of the fast growing population in the province. For this purpose the best way would be the establishment of Sindh Foundation for Population Activities, where all the stakeholders namely; the Provincial

Government, NGOs, the private sector and key professionals could be assigned proper tasks under Public Private Partnership.

Dr. Farhan Essa, Dr. Ali Akhtar and Mr. Irfan Qureshi informed about the priority Rotarians attach to population welfare. Rotary Marketing Fund

has been established with Rotarians from business, multinationals, elite and the NGOs voluntarily contributing to public welfare. It was informed 33,000 clubs were instrumental in public welfare activities in 200 countries. Mr. Bashir Ahmed Mangi highlighted family planning services and facilities, monitoring and evaluation, capacity building, information and education. Mr. Talib Karim said that IoBM completes 15 years in terms of its endeavors to maintain its existing image, reputation and its efforts to strive for diversification. IoBM not only aims to train graduates in specialized fields but also instills in its graduates a spirit of social responsibility, a sensitivity to the needs of the day and an obligation to address social concerns. IoBM has conducted training for Population Welfare Department. The Centre for Research in Sindh of the Institute of Business Management was set up in a conference on the theme of Prospects and Progress of Sindh organized by IoBM in 2008 by an honored guest on this occasion, Mr. Nisar Khuro.

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Seminar on Environment and Energy

A Seminar on Environment and Energy was held on February 12, 2011 at the Management Excellence Center of the Institute of Business Management (IoBM). It was attended by Mr. Talib Karim,

Rector IoBM; Prof. Dr. Akhlaq Ahmed, Advisor on Environment and Energy IoBM; Dr. Shahid Amjad, Professor Environment IoBM; Mr. Akhtar Ali, Energy Expert; Mr. Moinuddin Ali Khan, Senior Fellow IoBM; Syed Nadeem Arif, Director Environmental Management Consultant; Dr. Samiuz Zaman and students. The topics of the Seminar were Introduction to MBA in Environment and Energy Management Program at IoBM by Prof. Dr. Akhlaq Ahmed, Assessing the Environment and Job opportunities by Dr. Shahid Amjad, Future Investment in Energy Sector by Mr. Akhtar Ali, Caring for Environment through EIA by Mr. Moinuddin Ali Khan, Requirement for Environmental Studies in Pakistan by Syed Nadeem Arif and Global Environmental Facility by Dr. Samiuz zaman. In his concluding remarks Dr. Mirza Arshad Ali Baig cautioned about “social pollution”.

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Department of Industrial

E n g i n e e r i n g a n d M a n a g e m e n t

On Tuesday, Apri l 12, 2011 Department of Industrial Engineering and Management, IoBM organized a workshop -seminar on Supply Chain Management (SCM) and Total Quality Management (TQM) with S e n i o r G . M . Q u a l i t y ( To yo ta ) a n d G . M . S CM, T h a l E ng i ne e r i ng .

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FROM THE CLUB IT PLATFORM

“INTEGRATING IT INTO BUSINESS”

On Monday, February 28, 2011, Club-I.T. with CCSIS organized a seminar on “Integrating Information Technology (I.T) into business” at the IoBM Auditorium. The program started at 10:45 am with a recitation of Holy verses by Hafiz Talha and was hosted by Sarfaraz Ahmed (Head of Marketing & Promotion Department of Club-I.T.).

An inspiring and innovative speech was delivered by Mr. Wajahat Abbas from Microsoft enlightening the students of our university with his words of wisdom. He explained how Information Technology can facilitate academia and business sector in their routine work. In the end, Mr. S. M. Fakharuddin (President Club-I.T.) concluded the event with his valuable remarks and vote of thanks.

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IoBM Club IT at Round Table on Urban Development and Economic Growth

Club-I.T. students of IoBM actively participated in the open discussion by sharing valuable

suggestions and thoughts in order to contribute to the planning of urban development.

Planning Commission, Government of

Pakistan organized a round table on Urban

Development and Economic Growth on

February 4 at Municipal Training and

Research Institute, Karachi. The session

commenced with a recitation from the Holy

Quran followed by opening remarks by Dr. Nadeem Ul Haque,

Deputy Chairman – Planning Commission of Pakistan).

A research paper was presented by Arif Hasan on “New Growth Framework of Pakistan” and a

report was discussed comprising “Task Force on Urban Development”. Mr. Ahmed Rafay Alam

discussed reforms on urban policy including the current problems and their possible solutions for

economic development. The Ex-City Nazims also shared their views related to Local Government

Perspective on Urban Development followed by an open discussion. In this round table, the

Governor State Bank Dr. Shahid H. Kardar enlightened the audience by conversing on the current

scenario as well as sharing his opinions on urban development in Pakistan.

Under the platform of Club-IT

students of IoBM actively

participated in the open discussion

by sharing their valuable

suggestions and thoughts in order to

contribute to the planning of urban

development. The Deputy Chairman

Dr. Nadeem Ul Haque concluded the

event with his precious remarks and

vote of thanks by Secretary, Planning and Development Division.

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Milad-Un-Nabi (S.A.W.W.)

IoBM organized Jashn-e- Eid-e-Milad-un-Nabi on Tuesday, March 01, 2011. 'Mehfil-e-Milad' commenced with the recitation of Qur‟an verses by Faizan Ali and „Hamd‟ of Allah Almighty' by Rehan Ahmed.

Rehan Haider and Zainab Haider organized this event under the guidance of Ms. Naz Soomro. Moeez Ali, Suna Ansari, Faizan Ali, Hafsa Khusro, Arshia Batool, Zara Hasan, Zainab Haider, Fizza Jaafri, Muhammad Azeem, Furqan Abdul Jabbar presented 'Naats' with utmost reverence and devotion, which moved the hearts of all present on the occasion followed speech by Rehan Haider. 'Darood-e-Pak' was presented with religious zeal and fervour all through the 'Milad Sharif.' The 'Mehfil-e-Milad' concluded with „Dua‟ by Arshia Batool and 'Salaam' offered by Zainab Haider with all participants. Later lunch was served on this occasion.

Yaum-e-Hussain

(R.A.) at IoBM „Yaum-i-Hussain‟ is organized at the Institute of Business Management annually and has become a well-established tradition at the Institute. On the occasion of „Yaum-e-Hussain‟, organized this year at the auditorium of IoBM, eminent religious scholars Moulana Hashim Jafri and Dr. Amir Liaquat highlighted Imam Hussain‟s great contribution to the establishment of Islam as a universal heritage and highlighted the need for promoting Muslim unity for safeguarding Pakistan.

Several students presented eulogies, recited „marsia‟ and „nauha‟ and gave speeches outlining major events in Imam Hussain‟s (R.A.) struggle.

The occasion of „Yaum-i-Hussain‟ was organized by students under the guidance of Ms. Naz Soomro.

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„Mehfil-E-Milad‟- March 03, 2011

Some photographs on the occasion of ‘Mehfil-e-Milad ’ organized at the r e s i d e n c e o f M s . S a b i n a M o h s i n , E x e c u t i v e D i r e c t o r , A , A a n d F .

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IoBM highlights at Education Fair

IoBM stall was staged at Education Fair, A Level, Gulshan on February 24, 2011. Information pertaining to

Bachelor‟s level programs was disseminated verbally, through brochures and info sheets and by a recorded GEO / AAG TV program.

It was an 8:00 am to 3:00 pm absorbing presentation through which scores of A Level students were counseled and their questions and queries addressed regarding such Bachelor‟s programs as BBA (Hons.), BS (Joint Hons.), BS (ARM), BS (IE&M), BS (CS), BS (Commerce), BS (MS), BE (Electrical).

The interesting part was that some teachers were interested in the Masters level programs, even M. Phil, and were addressed accordingly. Brochures, information sheets, posters and panaflex spoke volumes of IoBM market oriented and career focused programs.

IoBM documentary as well as video clips of IoBM academic programs, events and activities were all popular. A number of other institutions were represented including Szabist, Iqra, Hamdard, Ziauddin, Fast, ICAP and SUPARCO etc. as well as there was educational marketing for USA, Canada, Australia, Britain by concerned organizations.

IoBM stall was popular indeed. There were queries and questions addressed through answers, talks, published material, documentaries and recorded TV programs. It was a mutually inspiring both for IoBM and for The City School Network.

PAKISTAN CALLING „Towards a better tomorrow‟

In an unique and unassuming event organized by students of Media, Specialized Communication Skills and Public Relations at the Institute of Business Management (IoBM) amid the guidance of Faculty, Mr. Parvez Jamil, it was “Pakistan Calling –Towards a better tomorrow” straight from the heart of hosts and guests alike. As host, students were attuned to positive thinking, idealism and logic in trust and confidence for Pakistan in various forms and manifestations. Seasoned guests in education, health, sports, media, law, CSR, special citizens, youth, IT etc. revealed their passion for Pakistan.

The guests included such trend-setters in diverse fields as Justice (r) Khawaja Naveed Ahmed with a gracious background in law; Engr. Iqbal Qureshi, DG, Rotary International; Mr. Rizwan Jaffer, Founder Chairman, Youth Parliament of Pakistan, Senior Anchor and TV Producer; Mr. Azadar H. Zaidi, an illustrious and imminent educationist; Mr. Haider Rizvi, Associate Professor and Ex-chairperson of the Department of Psychology, University of Karachi; Mr. M. Saifullah Malik- Project Coordinator Shell LiveWIRE Trust (TAMEER); Ms. Kainat Imtiaz, Captain, Sindh Women Cricket team, member National Women‟s Cricket team and a Gold Medalist woman in international cricket and so on. Mr. Talib S. Karim, IoBM Rector attended and presented souvenirs to the participants.

Mr. Parvez Jamil upheld the need for setting trends by rising over and above everything uncongenial and endeavoring for an innovatively caring and sharing approach to social issues. Equally sharing in their speeches and interaction with students were some able, noble, humble and gentle guests, especially from the social sector, with hopes pinning on the youth for a better tomorrow and a brighter Pakistan. The net result of this thought-provoking occasion characterized by experts‟ views and their interactive session with students was a pertinent consensus of opinion. They unanimously agreed on such secrets of success as vying for specialization in careers; inculcating a sense of social responsibility; upholding the need for justice and fair play, learning to learn from mistakes; determining to succeed by turning failures into opportunities and, above all, a resolve and belief in the soul of the show: “Pakistan Calling: Towards a better tomorrow.”

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JASHN-E-BAHARAAN – 2011

CBM Society of Health Managers organizes Pro-Health Walk

CSHM COMMEMORATES

WORLD HEALTH DAY!

To celebrate the World Health Day, CBM Society of Health Managers (CSHM), representing the Health and Hospital Management Program at the Institute of Business Management, commemorated the importance of health and healthy living at the Institute. A healthy activity in the form of a memorable Pro-Health walk within the campus was initiated by the MBA Health Management students and distinguished faculty members. The walk was also graced by Ms. Sabina Mohsin, Executive Director Administration and Finance. To penetrate the purpose of health awareness a Q/A session „Me & My Health‟ was also held on this occasion. It brought together renowned doctors: Dr. Khalid Mustafa, Consultant Physician, South City Hospital, Ejaz Manzoor, Physical trainer and Dr. Shahida Mirza, Consultant Gynecologist who imparted their knowledge to the audience in areas of fitness, nutrition, dermatology, stress management and antibiotics resistance which was the prime agenda of the World Health Day 2011. The event was a continuing effort by CSHM to raise the importance of health care in Pakistan. #

Over the IoBM Horizon

ALI ZAFAR IN THE AIR

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New Journals

World Bank-Annual

Report2010

Mr. Shamim Ahmed

I o B M L i b r a r y N e w s IoBM library has received a Research Resource from Global Development and Environment Institute at TUFTS University, USA, in conjunction with United Nations Decade for Education and Sustainable Development. The Research Resource comprises, Social Science Library (SSL), a collection of journal articles and book chapters on topics such as sustainable development and human well-being. The SSL collection is presented on a two CD set and contains over 3000 full text articles plus 6000 additional bibliographic citations, in the disciplines of: Anthropology, Economics, History, Philosophy, Political Science, Social Psychology, and Sociology. Resource also includes additional materials (CDs) from World Watch and the UN Research Institute for Sustainable Development that promotes sustainable and equitable development. The above Research Resource is being distributed on complimentary basis to University libraries and Research Institutions world wide and is easy to use with a DVD ROM.

B O O K F A I R A T CREEK HIGH SCHOOL (CHS)

A Book Fair was arranged on 4th of February 2011 on the occasion of Creek College and School Parents Teachers Meeting. This Book fair was coordinated and supervised by Mr. Naeem Mirza, Assistant Librarian, Creek College/Creek High School, Karachi. Oxford University Press and Paradise Books vendors displayed their books at discounted prices ranging between 10 and 20 %. Students and parents evinced keen interest in this well-planned and organized Book Fair and availed the opportunity to buy pertinent books at discounted prices.

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C O N D O L E N C E

Father of our BBA (H) Student, Syed Muhammad Abbas Rizvi passed away on Wednesday, January 12, 2011.

Mother of our Staff Member Masood Khan (Senior Personnel Officer) passed away on Friday, January 28, 2011.

Daughter of Faculty Mr. Abdul Qadir Molvi, Senior Fellow, Management, passed away on February 02, 2011.

Father of MBA (Regular) Student, Babar Ansari passed away on Sunday, February 06, 2011.

Father-in-law of Dr. Khalid Amin (Senior Fellow and HoD, HRM) passed away on February 16, 2011.

Father of BBA (Honors) Student, Abul Hasan Masood passed away on Monday, February 21, 2011.

Brother of BBA (H) Student, Zain Mundia passed away on 21-02-11.

Sister- in-law of Ms. Naz Soomro, (Control ler of Examinat ions) passed away on Tuesday, March 01, 2011.

Mother-in-Law of Mr. Shahid Amin (Visiting Faculty, Pak. St.) passed away on March 5, 2011.

Father of BS (Joint Honors) Student, Yasir Ali passed away on Monday, March 28, 2011.

MBA (R) Student, Erum Nazir passed away on Tuesday, March 29, 2011. Faculty Mr. Shamim Ahmed Khan (Assistant Professor,

Finance & Accounting) passed away on Friday, April 15, 2011. Mother-in-Law of Dr. Linah Askari (Asst. Prof., Psychology) passed away on April 20, 11.

Sister of Mr. Shujauddin Shaikh (Visiting Faculty, Islamic St.) passed away on, April 26,11.

NEW JOINING INFORMATION

S # Name Designation Date of Joining

1 MR. M. JIBRAN SIDDIQUI

Academics Assistant

February 02, 2011

2 M R . R A S H I D A Q E E L

Internal Audit Officer

February 14, 2011

3 MS. FARHEEN RAZAK

Lecturer Marketing

March, 2011

4 DR. SEHAR HASSAN

Assistant Professor March 10,

2011

5 MR. QAZI ADNAN HYE

Research Fellow, Economics

April 23, 2011

Accountancy

Journal of

Telecommunication

management 3

Leadership

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Ashes Gig and Awami Junction

The Management

Society organized

two events, a gig by „The Ashes,‟ a band which would now be very well known to the

IoBMers, as well as a skit called Awami Junction, performed by the Nautanki Gang. The concert took place at the student activity center during the second and third session, and if success is to be measured and compared in terms of past attendance to another concert organized by TMS featuring the same band, then it can easily be said that this one was literally off the scale. Word of mouth spreads fast and far, and at the end of the first concert, people were going gaga about the event. So when IoBMers heard that The Ashes were coming for another show, they couldn‟t miss out at any cost, and for those who missed out on the first opportunity, this was the chance to see what the whole deal was about. The band performed hits from famous acts like Bon Jovi, Bryan Adams, and Abida Parveen to name a few, and rocked the activity center like

no one else before them. (During the 4th

Session, the famous VJ Jewel from Play TV came to the auditorium on behalf of TMS, and entertained the audience. This was followed by a welcome speech by Sarah Mashood, President of The Management Society and a sitcom called Awami Junction, was performed to a full house by Ahmed Saeed Khan‟s Nautanki Gang, featuring himself, Tariq Ali Qasim, Adil Khan and others. The skit was based on Social Responsibility, with a comic twist to it, and was loosely based on the lives of people coming in from different backgrounds. The skit was organized to raise awareness about the dark sections of our society, and the norms prevailing within them, with a need to bring about change. The play was a resounding success, and received thunderous applause from the audience, including the HOD Management, Mr. Javed Ahmed, Faculty Advisor of TMS, Mr. Humayun Zafar, among others.

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Free the Beach and Save the Environment

The Beach cleanup activity was conducted by The Management Society under the presidency of Sarah Mashhood at Hawkesbay with the aim of spreading awareness about keeping the environment clean and promoting a healthy lifestyle. Dawn News was the official media partner and covered the whole event, while GSK was the official sponsor. The event began when all the students participating were divided into teams, followed by letting go of balloons in the air, along with a „rung‟ fight aka Holi. Students were made to realize that having fun comes with a responsibility as well, and that we tend to overlook the damage we do the environment at our own expense. The cleaning activity

followed soon after, and garbage bags and plastic gloves were distributed among the teams. Within a span of an hour, the surrounding areas looked as if they belonged to a beach from the Far East, all thanks to a job which was amazingly well done by all the participants, as well as the faculty, including Mr. Humayun Zafar (Faculty Advisor), Mr. Fazal Khalidi, Ms. Fauzia and Dr Shahid Ahmed. The beach cleanup activity was followed by the MAX session conducted by the renowned trainer Umair Jaliawala, with an aim to bring out the best in us and maximizing our potential. Activities included rope skipping in teams, forming a human pyramid, tug of war, making shapes like squares, an X, etc by lying down, sand turtles, and pair football, where the feet of every two people were tied together. Food was served after the session, and special care was taken that no litter was left behind after all was said and done. The fun filled activities, the sense of team work and synergy, as well as the cleaning up led to a great sense of achievement among the participants and an overwhelming response. TMS is now looking forward to conducting more such events to raise awareness and bringing out the best in students.

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International Conference on Floods 2010:

Causes, Impact, Relief and Rehabilitation

At an international Conference on Floods 2010: Causes, Impact, Relief and Rehabilitation, organized at the Management Excellence Centre (MEC), Institute of Business Management (IoBM), in collaboration with the Pakistan Meteorological

Department (PMD), experts explored ways and means in the devastating aftermath of floods from adversity to opportunity.

The Conference was highlighted by the presence and papers of Dr. Natalia Zamaraeva, Expert, Institute of Oriental Studies, Russia-- “Socio-Political Consequences of Devastating Floods”; Dr. Bettina Robotka, Historian, Humboldt University, Berlin, Germany-- “Lessons to be Learnt from the Floods”; Mr. A. Majid, Expert PMD, and Mr. Muhammad Riaz, Chief Meteorologist, PMD --“Meteorological Causes and Hydrological Effects of 2010 Super Floods in the KP”; Dr. Syed Muhammad Awais (SI), King Edward Medical University, Lahore -- “Flood Relief and Rehab Work Experience of Inter-University Multi-Disciplinary Services Group, Punjab”; Dr. Shahid Amjad, Professor, Environmental and Energy

Management, IoBM -- “Impact of Floods on Indus Deltaic Ecosystem - A Holistic Overview”. In the inaugural session Mr. Talib Karim, Rector IoBM introduced the Institute and the Management Excellence Center and the closing session was graced by the presence of Ms. Sabina Mohsin, Executive Director, IoBM. This Conference was organized by the Economics Department of IoBM under the guidance of Dr. Shahida Wizarat, HoD of the Department. Dr. Shahida Wizarat welcomed the guests and expressed the hope that this Economics Conference would become an annual feature with even greater International participation. She said that devastating floods needed to be turned into a positive mindset of turning adversities into blessings, the point which also became a significant feature of the Conference recommendations.

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I N V E S T - O - M A N I A A T I o B M

IoBM Finance Society has been known for its informative events. Invest-o-mania was another panel

discussion organized by the Finance Society in order to promote the understanding among the students regarding investing their money in different channels of investment prevailing in the market. The panel comprised of Mr. Muhammad Asim VP (Portfolio Manager Equities) of MCB Asset Management Company, Mr. Ahsan Mahenti Director Wealth Management of Arif Habib Investments Ltd and Mr. Ali Abbasi of Abbasi Securities Pvt. Ltd. The discussion started with the importance of investment in the lives of every individual and that they may invest their money in debt securities, equity securities and also in commodities like gold, silver, wheat etc. It was mentioned that the National Commodity Exchange (NCE) has not triggered investment in gold by individuals instead has affected the business of traders. Investing in commodity is relatively risky for individuals hedging their cash flows where as investment in equity and debt instruments provided by stable organizations

comes along with a certainty of positive returns. About individuals investing their money, it is essential to have an assurance regarding returns and security of investment itself. They mentioned that there are no cash flows attached to gold and that it is a store value even for which you do not get a fair price. Investment in wheat or rice comes along with storage costs. Pakistani economic environment is portraying inconsistency and people do not have any idea regarding fluctuation in efficiency levels of companies and banks as they end up investing in gold and other commodities. It was concluded that a reverse step regarding one‟s investment should only be taken if the economic crisis has affected any of the listed factors that triggered the process of that investment. The panelists even mentioned that depending upon Pakistan's current economic conditions it is beneficial to invest in debt securities rather than equity or commodities. The session ended being beneficial and a remarkable experience for the audience.

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Colloquium sets trends in forecasting for development

Experts from private and public sectors brainstormed on the theme of "Forecasting"--Applications in Actuarial Science, Business, Computer Science, Economics, Engineering, Finance and Management at a Colloquium held at IoBM, Korangi Creek on March 19, 2011. Mr. Shahid Siddiqui, Chairman State Life Corporation was the Chief Guest. Presentations were made by Mr. Haroon Askari, MD - KSE and Mr. Ishaq, Pak Qatar Takaful. The technical session was chaired by Dr. Jawed Qumar, DBIHE. Mr. Talib S. Karim, Rector and Executive Director Academics, IoBM presented the introduction of IoBM. The agenda included topics such as Forecasting in Takaful, Growth and Forecast of Foreign Exchange reserves, forecasting national

exchange rate of Rupee vs. US dollar, relationship of cash conversion cycle with firm size, KSE forecasting, impact of macro-economic indicators on KSE, fuel and energy economics of Pakistan as compared to oil producing countries, impact of youth‟s attitude upon forecasting Pakistan‟s future, statistical techniques in multidimensional error forecasting.

The four consecutive Colloquia were on KOPTIMIZATION (2007),

SIMULATION (2008), FINANCIAL MATHEMATICS (2009), and RISK MANAGEMENT (2010) with applications in Business, Computer Science, Economics, Management, and Finance and were well-appreciated and proved to be mutually rewarding for the participants. IoBM Mathematics Colloquium held on March 19, 2011, with the

theme of forecasting in concerned fields as mentioned, is the 5th Colloquium in this regard.

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VISION, VIM, VIGOR AND

VITALITY OF VIDEORAMA

The Event Management Class of the Marketing Department hosted: "Videorama" event on Saturday, April 09, 2011 at the IoBM auditorium. Students presented documentaries prepared by them from a branding perspective. Mr. Raheel Yousuf, the concerned Faculty, was the master mind behind the show. ========================================================================================

IoBM - CBMUN

Dawning over the IoBM horizon

„CBMUN‟ event of the Institute of Business Management was organized by the Literary and Public Speaking Society (LPSS) on February 04 – 06, 2011 at the Institute‟s campus. This event organized under the worthy guidance of Ms. Fareeda Ibad, was highlighted by diversified portfolio of Committees of the actual UN. The objective of CBMUN is to have multilateral debates and diplomatic discussions on a variety of subjects including international security, environment, society, culture, human rights, politics, economics, science and technology. The theme of the conference was change for the better. Rameez

Rizwan, Secretary General CBMUN 2011 opines “In order to change the world, we must change ourselves. If we can change ourselves, we can and make the future of our own.” = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

Lecture on “The Philosophy of Islamic Finance”

The philosophy of Islamic Finance is based on the phi losophy of mutual trust , caring and sharing advocates Dr. Abbas Mirakhor and agrees with a part icipant on the importance of disseminating information to the common man in this regard.

IoBM Management Excellence Center of IoBM invited, courtesy Mr. Ashraf Janjua, Dr. Abbas Mirakhor, a renowned Islamic finance professional and former Executive Director of International Monetary Fund (IMF), to deliver a lecture on” The Philosophy of Islamic Finance” on Saturday, February 12, 2010 at 2:30 pm at Management Excellence Center, Administration Building. Above are some pictures taken on this occasion.

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IoBM Alumni steals the corporate show

ASHFAQ AHMED State Bank of Pakistan Joint Director MBA ( R ), 2000

MAHIMA MAHMOOD NOORANI Nitco International Executive Director – Exports BBA (Hons), 2007

SAIMA SIDDIQUI Aga Khan University Manager HR Policies & Projects

M. SALMAN FAROOQI Lowe & Rauf Pvt. Ltd. Chief Financial Officer

ZARA ISLAM Sysnet Pakistan HR Executive MBA ( R ), 2010

MUHAMMAD RAHEEL NAJMI Nanosoft Technologies CEO, Director MBA (Exe.), 2010

DURE-SHEHWAR Salsoft Tech Technical Writer BBA (Hons.), 2010

WAQAR AHMED ARSHAD Pak Brunei Investment Ltd. Manager, Corporate Banking MBA – (Finance), 2009

MADIHA AZIZ Ever new Solutions Asst. Manager Business Strategy MBA ( R ), 2010

SHARMEEN MALIK CHAGANI Creative Chaos (Pvt) Ltd. Assistant Manager HR MBA (Exe.), 2007

JAVED JAFRI Telenor Pakistan Manager Marketing

MARIUM QADEER Johnson & Johnson

Recruitment Officer MBA ( R ), 2009

ABDUL MAJID Akzo Nobel/ ICI Pakistan Ltd Business Development Manager MBA (R), 2007

MARIA HAMEED Cresox Pvt. Ltd. Deputy Manager MBA (Exe.), 2010

Welcome to CBMers.org

CBMers – The Alumni Association of Institute of Business Management is an organization with a mission to reach, serve and engage lifelong relationships, provide opportunities to continuing education and strengthen the IoBM´s Alumni network. The association is focused on playing an effective role in re-connecting Alumni to University and Alumni to Alumni so as to have a strong and meaningful presence of IoBM Alumni in the corporate world.

License to IoBM

Each IoBM Alumni is expected and requested to apply for an Alumni Card. An application for the Alumni Card may be made on a form available at the Public Affairs Section to be duly filled in and attached with two photographs and a copy of CNIC. The application is processed through the Public Affairs Section in coordination with the Administration and Security departments. An Alumni Card is issued after concerned verification and may be collected from the Public Affairs Section in due course of time. An Alumni Card is a license to enter IoBM events and activities for Alumni who are the cherished treasure of IoBM.

HASEEB SHAUKAT VOHRA Microsoft Corporation Pakistan Business Manager, Microsoft Innovation Center

I feel pleasant that it was the best utilization

of my time and it was one of my wise

decisions to become a part of IoBM. I

enjoyed, not just the study, not only the

friendships but I also built strong

professional contacts and in one word my

overall MBA experience was just awesome.

MOHSIN TUFAIL Multinet Pakistan Pvt. Ltd. Manager Business Strategy and Operations IoBM is the best combination of education and extracurricular producing high quality graduates. It has produced very energetic and highly talented professionals serving Pakistan in all fields at all levels.

VIJAY KUMAR Askari Bank Limited Relationship Manager

I preferred IoBM‟s experiential approach to business education. Here HR and management courses allowed me to stretch and develop my business management skills. It is that pertinent sense of challenge and the self-confidence I have gained in rising to it, which I enjoyed most at IoBM.

MUZAMMIL H. SHAMIM FAST - National University Manager Systems

CBM has been the best years of my life. I am proud that I was part of the leading university of Pakistan. Thank You CBM!!

M. MUZAMMEL HUSSAIN, CFA Aldukheil Financial Group Riyadh, Saudi Arabia Head of Economics & Equities Research CBM not only taught me academics, but also how to interact in the business environment, how to take decisions and how to keep people happy while still getting the work done indeed.

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Management Excellence Center (MEC)

Diploma in HR Management (February 24 & 25, 2011)

Credit Risk Management (April 12, 2011)

Presentation at Management Excellence Center, IoBM, Karachi Workshop participants with IoBM President and Executive Director MEC

MEC Training Programs

Module Date Recruitment, Interviewing and Selection May 4-5, 11

Results driven Performance Management June 9-10, 2011

Compensation & Benefits July 7-8, 2011

Talent Management & Employer Branding August 4-5, 2011

Learning Organizations September 1-2, 2011

Leadership Development October 6-7, 2011

Aligning HR with Business Strategy November 3-4, 2011

HR during change, mergers & acquisitions December 1-2, 2011

Competency Based People Management

How to Avoid Politics at Workplace Interviewing Skills Leading a Team The Art of Win Win Negotiations Integrated Marketing Communication Credit Risk Management Communication Skills Effective Marketing Management

FACILITIES AND EXPERTISE

The Management Excellence Center (formerly Business Support Center) mobilizes professional education, training and research programs of the Institute of Business Management, for serving the corporate sector to enhance its efficiency and contribution to society. Support is provided in the areas of banking and finance, marketing, human resource development and information systems management.

The MEC has well-developed facilities including spacious and well-equipped auditorium and conference rooms, a state-of-the-art computer lab and an information resource center. The Management Excellence Center places emphasis on in-house research through its well-educated and experienced faculty and a strong body of over 3500 students.

Under the auspices of the Management Excellence Center, Finance, Marketing, Strategic HR and IT Societies of IoBM arrange regular seminars for which leading professionals from the corporate sector of Pakistan are invited to share their experience with the students, faculty and guests.