Lahore University of Management Sciences


'Lahore University of Management Sciences is a private, research university located in Lahore, Punjab, Pakistan.
LUMS was founded in 1984 by Syed Babar Ali and patronage of the business–industrial community spearheaded by Syed Aarim. With advice from the Harvard Business School and a $10 million grant from USAID it established a graduate business school in 1986. The university has since then expanded, launching a liberal arts undergraduate school in 1994, an engineering school in 2008, a law school in 2004 and an education school in 2017. The university launched a National Outreach Programme in 2001 to provide financial aid to students and in 2015, in partnership with Afghan government, launched a scholarship programme for Afghan students to diversify its student body.
As of 2017, the university has a student body of approximately 5,000 graduate and undergraduate students, a faculty of 248 out of which nearly three-quarters have doctoral degrees. Its campus, where more than half of its student population and faculty lives, spreads over 100 acres. Its business school is accredited by AACSB in Pakistan. It is also one of two business schools in Pakistan to be certified by the South Asian Quality Assurance System and is ranked as one of the top business schools in the country. The university is also a member of Association of Commonwealth Universities.
LUMS is ranked as the top varsity in Pakistan in the QS University Rankings for the year 2016, 111th in Asia and among the top 700 in the world. It is also ranked by QS'' as among the top 250 universities globally for business and among the top 400 universities globally in mathematics. Following a liberal arts curriculum, LUMS is one of Pakistan's most expensive, selective and progressive universities. LUMS counts several prominent Pakistani intellectuals and public figures among its alumni and current and former faculty including Umar Saif, Hina Rabbani Khar, Adil Najam, Arif Zaman, Amer Iqbal, Ayesha Jalal, Asad Abidi, Osama Siddique and Pervez Hoodbhoy. It also counts several Fulbright, Chevening and Rhodes scholars among its alumni.

History

The university was granted a charter by the government of Pakistan in March 1985. The LUMS Board of Trustees comprises members of the domestic business community, academics and government representatives. The principal functions of the board are to set policy guidelines and to review the operations of the university. The Board of Governors, as the sponsor of LUMS, raises funds for the university's operation and maintenance. In 1986, a business school by the name of Lahore Business School was established for an MBA Programme. Later the school was renamed and is known as Suleman Dawood Business School.
After the construction of the current campus, LUMS started undergraduate programmes in Economics and Computer Sciences in 1994. In 1996, the School of Arts and Science was introduced to oversee the undergraduate programmes. LUMS established the School of Humanities, Social Sciences and Law to oversee the Social Sciences, Economics and Law departments. The School of Sciences and Engineering, for the disciplines of Mathematics, Computer Science and other science subjects, was established in 2008. As of 2016, the university charges Rs. 272,400 tuition fee per semester for undergraduate students.
LUMS launched the National Outreach Programme in 2011 to reach out to bright students from underprivileged areas of Pakistan. Under this initiative, induction of selected candidates into the academic programs will be facilitated by preparation for the University's admission criteria and then by a provision of full financial assistance to those who qualify. Many students are admitted to LUMS on the basis of NOP. There are very few number of scholarships that are offered on need/academic achievement basis. LUMS loan scheme covers 20%-100% of the tuition fee component of the student. LUMS loans are interest-free.
According to LUMS, it has disbursed PKR 3.2 Billion in financial assistance, with approximately 30% of the student body receiving some form of financial assistance each year. During the academic year 2015-16 alone, LUMS has disbursed more than PKR 500 Million as financial aid to its students. As of 2016, more than 800 scholars have benefited from the LUMS National Outreach Programme. In 2017, the Shahid Hussain Foundation established scholarships for international undergraduate students from South Asian Association for Regional Cooperation member countries. LUMS also offers a variety of scholarships to MBA students such as SAARC scholarship, MCB interest-free loans. It is the only institute in Pakistan offering the Asian Development Bank-Japan Scholarship Program

Not-for-Profit Status

LUMS is a federally chartered university and is approved as a not-for-profit organisation under section 2 of Income Tax Ordinance, 2001 in terms of provisions of Clause 63 of Part IV of Second Schedule to the Ordinance. Any individual or organisation making donations to LUMS is entitled to a tax credit under section 61 of Income Tax Ordinance, 2001. Moreover, the University has been granted exemption from the levy of income tax under Section 159 of the Ordinance, thus, tax is not deductible on payments made to the University.

Campus

The oldest building at LUMS is the two-storeyed Academic Block designed by Habib Fida Ali which spreads over an area of 150,000 sq. ft. The Mushtaq Ahmad Gurmani School of Humanities and Social Sciences is based in this building. The five-storey Suleman Dawood School of Business building occupies an area of 160,000 sq. ft, and accommodates over 1300 students. The Syed Babar Ali School of Science and Engineering is based in a 5-storey building which covers an area of 300,000 sq. ft; the building includes a 10MW electrical grid station and 20 research labs. The Shaikh Ahmad Hassan School of Law spreads over an area of 78,000 sq. ft and comprises auditoriums, discussion rooms, faculty offices, meeting rooms, the Centre for Chinese Legal Studies and a state of the art moot court which is a replica of the courtroom of the Chief Justice of the Lahore High Court.
More than half of the student body at LUMS lives on campus, which includes seven male and five female hostels. The Syed Maratab Ali Sports Complex includes a school gym and sports facilities for basketball, tennis, cricket and squash. The Pepsi Dining Centre covers an area of 14,000 sq. ft, and was funded by PepsiCo. The Coca-Cola Aquatic Centre includes an Olympic-size swimming pool and is funded by a Rs. 22 million grant from the Coca-Cola Company.
The LUMS library provides services that include loans, online information searching, reference services, inter-library loan, document delivery, photocopying, viewing of audiovisual and microfilm materials, access to virtual collections and digital resources, CD-ROM and online searching. It has a collection of 350,000 volumes, 128,000 e-books and 35,000 e-Journals. The library has a multidisciplinary wing dedicated to jurist and scholar Khalid M. Ishaq, who donated 92,957 books from his collection to the library.

Academics

The university consists of five schools which are divided into departments.

[Suleman Dawood School of Business]

The Suleman Dawood School of Business was the first school established at LUMS in 1986. The school's curriculum was designed in partnership with Harvard Business School and Ivey Business School. The school offers full-time MBA, a week-end Executive MBA, a course-based PhD Management and Bachelor's programmes in Accounting and Finance and Management Science. The school also offers minors in public management and computational finance. The school is led by Jawad Syed.
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Mushtaq Ahmad Gurmani School of Humanities and Social Sciences

The School of Humanities and Social Sciences, named after Mushtaq Ahmed Gurmani, consists of the Department of Humanities and Social Sciences and the Department of Economics. DHSS offers undergraduate degrees in Anthropology/Sociology, History, English and Political Science, as well as a combined programme in Politics and Economics in conjunction with the Economics Department. The school also offers minors in political Science, Economics, History, English literature, Urdu literature, Religious studies, Sociology/Anthropology.
Started in 1999, the Department of Humanities and Social Science is home to disciplines in the Social Science and Humanities including Anthropology and Sociology, Literature, Philosophy, Political Science, Psychology and History. The Economics Department offers four-year undergraduate programmes in Economics, economics and mathematics and a graduate programme in Economics. Economics is one of the most popular majors at LUMS and a significant percentage of the student body at LUMS studies Economics as a major, as part of a joint degree programme or as a minor. The school is headed by Kamran Asdar Ali.

Syed Babar Ali School of Science and Engineering

The School of Science and Engineering, named after Syed Babar Ali, is a school within LUMS modelled on MIT no boundaries approach. It offers undergraduate programs in Biology, Chemistry, Chemical Engineering, Computer Science, Electrical Engineering, Mathematics and Physics; and graduate programs in Computer Science, chemistry, physics, electrical engineering and Mathematics. A vast majority of BS graduates join leading graduate and Phd programs of some of the leading universities of the world such including ETH Zürich, MIT, Cornell, Stanford and Dartmouth college.The school is headed by Shahid Masud.

Shaikh Ahmad Hassan School of Law

The groundbreaking ceremony of LUMS' fourth school, Shaikh Ahmad Hassan School of Law, took place on Saturday, 5 April 2014 on campus. The chief guest at the ceremony was the Chief Justice of Pakistan, Justice Tassaduq Hussain Jillani. The law school has been named after Shaikh Ahmad Hassan. The establishment of SAHSOL has grown out of the LUMS Department of Law and Policy, which has been functioning since 2004, offers a 5-year joint BA-LL.B undergraduate programme, accredited by the Pakistan Bar Council. The school is led by Martin Wilhelm Lau, who previously served as the deputy head of law school at SOAS.

LUMS School of Education

On 6 January 2017, LUMS announced the establishment of its fifth school, the LUMS School of Education. The exploratory phase for the LUMS School of Education was initiated in October 2015 with funding from the Babar Ali Foundation. According to university sources, over the course of the project phase, the team established local, regional and international links through events such as the inaugural Education Roundtable at LUMS in March 2016.
The school will be home to the following programs, starting in Fall 2018.
  1. MPhil Education Leadership and Management
  2. A minor in education for undergraduate students at LUMS.

    People

LUMS has 170 full-time faculty. Faculty/staff members include:
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The Office of Sponsored Programmes and Research of LUMS is responsible for promoting research at the university. The office is led by Shafay Shamail. Between 2010–2014, the university spend PKR 680 million in research. During this period about LUMS faculty published 1287 research papers and received 80 external grants.
The Suleman Dawood School of Business has produced more than 600 case studies and has published one of Asia's leading case research journals. Case studies written at LUMS are now used in universities across the world, including MBA programs in other Pakistani universities. In 2011, a case study written at LUMS by Shazib Shaikh and Zahoor Hassan won the Ruth Greene Memorial Award of the North American Case Research Association for the best case written outside North America.
The LUMS School of Science and Engineering has published in international journals in Chemistry, Biology, Mathematics, Physics, Computer Science and Electrical Engineering.
The biomechanics lab at LUMS is the sixth International Cricket Council -accredited cricket lab in the world, following those in Brisbane, Chennai, Loughborough and Pretoria. The lab is able to perform bowling tests of international and domestic cricketers whose bowling actions are deemed illegal.

Technology for People Initiative

Technology for People Initiative is technology and design nonprofit centre at the Lahore University of Management Sciences in Lahore, Pakistan. It is focused on solving governance problems in the public sector through design thinking, prototyping and iteration. TPI's past and ongoing projects include evidence based policing for Lahore Police, CourtBeat for judicial courts, mapping rural Pakistan and the Bahawalpur Service Delivery Unit. The centre was founded in April 2012 with a seed grant from Google.org.

Rausing Executive Development Centre, Lahore University of Management Sciences

Placed under the aegis of the Suleman Dawood School of Business at LUMS, Rausing Executive Development Centre has been pioneering executive education in Pakistan. It is housed in a purpose built facility. From three programmes in 1989, REDC now lists 21 programmes in its annual calendar for Open Programmes and conducts 70 programmes every year inclusive of customized programmes.

Societies

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