The Imperial College of Business Studies, Lahore (ICBS), was established in 1991 by the Pakistan Benevolence & Social Management Trust. The initial development of ICBS was supported by academic collaboration with the University of Hull, UK. ICBS has established a truly enviable reputation for integrity and excellence in higher education in a short span. The College offers highly market-relevant undergraduate and graduate programs in business administration and related areas. ICBS is actively involved in research and offering short training courses for the industry. Major programs in this area include Small Business Finance Corporation (now the SME Bank), First Women Bank, and the Pakistan Television Corporation. The quality of higher education in Pakistan is naturally a significant concern to the College and its sponsors. The pursuit of quality is the reason we are of ICBS.
ICBS is one of only thirteen private institutions in Pakistan selected through an independent evaluation by the Higher Education Commission (HEC) to provide student scholarships granted by the Government of Japan (JICA). ICBS is only one of the few elite institutions in Pakistan approved by Citibank where the Bank’s staff can be enrolled, and Citibank reimburses the program fee. Our students have also excelled at universities abroad, and a few are even teaching abroad. All this has been made possible by the unrelenting efforts of our faculty. The College has one of the most qualified groups of faculty members. Almost all the faculty members have foreign academic credentials – and as a group, perhaps there would be few institutions in Pakistan that could match this. ICBS has Academic Advisors comprising faculty in the USA, UK, and the Middle East. It has signed MOUs/Agreements for student exchanges and faculty collaboration with several universities in the USA and UK. The faculty and staff, and facilities alone are not sufficient determinants of quality – another critical input is the quality of its student intake. ICBS has a very selective student body. Typically, only about fifty percent of all applicants are accepted for admission. A significant proportion of these students have a first-class bachelor’s degree from institutions like the Government College, Lahore, and Kinnaird College, Lahore. The students, who are admitted through a rigorous screening process, generally have outstanding schooling and academic background.
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