The Institute of Business Management also known as "CBM" is a private university and business school in Karachi, Pakistan. It is considered as one of the top business schools in the city. IoBM is composed of four colleges, the College of Business Management, the College of Economics and Social Development, the College of Computer Science and Information Systems and the College of Engineering Sciences. 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 in 1995 as College of Business Management offering BBA, MBA and Phd degrees. IoBM is built on a 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. The present CBM Dean has over 38 years of experience at the State Bank of Pakistan and Dean, CCSIS has over twelve years teaching experience in US and Pakistani universities. IoBM's BBA, BCS and BS Joint programs have a compulsory foreign language component.
IoBM admissions are held once in a year for all programs, twice for only engineering programs and thrice 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 Pakistan 2010. Out of 50 teams competing in the initial stages from universities from Lahore and Karachi, four teams qualified for CIMA Global Business Challenge Pakistan Final 2010. Of these, two were from IoBM and two from LUMS. IoBM’s team represented Pakistan in Malaysia where 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. 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
IoBM has a unique type of Event Organization system as compared to other institutes in Karachi. Here, students of different societies 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 Fun Week, CBMUN Jashan e Baharan, the Public talk by Imran Khan had been arranged by the society members themselves.
Entertainment Plus Society - Organised all the events related to entertainment such as concerts, functions etc.
Digicon Informatics Society
Social Welfare And Trust - Responsible for social work
Alumni Development Program
Mathematics society
Dialogue Society
Egalitarians Society
Strategic Human Resource Society
The Literary and Public Speaking Society - Responsible for organizing debates.
CBM Society of Health Managers
The Management Society
The Marketing Society
Vanquishers - Organizing the sports events in iobm.
Media society
IoBM Club For Entrepreneurs.
Actuarial Science & Risk Management Society
Membership in professional bodies
IoBM is an active member of the following international and national professional bodies.
