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Content
Contents
Message FroM the assoCiate Dean
03
We help you aChieve your Career aspirations
09 10 10 11
What Makes the sDsB MBa DiFFerent?
04 05 07 07
MBa stuDent exeCutive CluBs & events
hoW We stay relevant?
CoMpanies that hire sDsB MBas
stuDent Diversity at sDsB
aDMission eligiBility guiDelines
We give you a gloBal experienCe
We help you FinanCe your Future
13
the FaCulty
08
serving anD enriChing aluMni relations
14
MBa 2013-2014
3
Message FroM the
assoCiate Dean
Welcome to the MBA Programme at the Suleman Dawood School of Business (SDSB). The SDSB MBA is the flagship programme of LUMS and is a highly competitive, intense, challenging and demanding experience that brings out the best in you. Our MBA Programme offers broad based management education. The rigorous economic and management research conducted by our faculty ensures that the SDSB MBA stays one of the most relevant degrees of the region. At the SDSB MBA, we teach leadership not just by theories but also by practice. We develop your analytical and quantitative skills through the Case Method of Teaching. We provide you challenging opportunities to apply these skills and develop new ones in team-based multidisciplinary projects. During MBA at SDSB you will work with your peers and faculty in real time, for real stakes, for real companies around the world. You will do it as part of our core curriculum, and you can choose to do even more through a rich array of electives and focused learning opportunities. The various events organised by special MBA executive clubs take the classroom experience to a real world setting and provide immense networking and learning opportunities with the industry and academia. Our MBA classrooms have student representation from various countries of South Asia. Student exchange programmes across the globe add to the international exposure of our graduates. We have a strong alumni presence throughout the region. More than 50% of our alumni body is placed internationally which speaks of the achievements of our graduates. Our student body has access to these highly engaged alumni networks, seeking their advice and guidance. We provide our graduates with tremendous career and professional development opportunities. Through the MBA Placement Office we assist our students to achieve their career aspirations. At SDSB we foster open-mindedness, agility, and teamwork in our graduates. After going through the SDSB experience you will possess the resilience required to deal with uncertainty, insight to ask the right questions, identify the real challenges, and solve the important problems. I hope that after going through the following pages and paying us a visit, you will be able to assess if the SDSB MBA is the best fit for you. All the best!
Dr. AnwAr KhurshiD AssociAte DeAn & Professor sulemAn DAwooD school of Business
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MBa 2013-2014
suleMan DaWooD sChool oF Business
InspIrIng BusIness excellence
The Suleman Dawood School of Business (SDSB) is the oldest school at LUMS and was established in 1986. The School introduced the case method of teaching, keeping in mind the need for a challenging and relevant curriculum. SDSB also carries out rigorous economic and management research through research centres such as the Strategic Sectors Research Centre, Social Enterprise Development Centre and the Case Research Centre. SDSB maintains a close relationship with the business world, which acts as a source of advice and information. This interaction not only helps to keep the curriculum relevant to the needs of business organisations, but also ensures that the students are exposed to the dynamics of the corporate world. Business leaders actively interact with both faculty and students through frequent visits, seminars and as guest speakers, enriching the classroom experience with their perspectives. Additionally, industry linkages are strengthened by the involvement of faculty in teaching and training at the Rausing Executive Development Centre, which caters to more than 2,000 senior executives and managers annually. The SDSB aims to provide for the varying educational needs of a culturally diverse and geographically dispersed student body with the goal of preparing students academically, personally, and professionally for successful careers and to give them opportunities to make a difference.
What Makes the sDsB MBa DiFFerent?
the sDsB aDvantage
Through our well reputed MBA Programme we invite you to a unique business school experience that will transform your personal and professional life. We offer two years of leadership practice immersed in real world challenges. This is what makes the SDSB MBA different.
Management across Multiple Functions and levels
At SDSB, we develop leaders with a ‘Comprehensive Managerial Calibre’. We train our students in all disciplines of management through real life cases related to human resources, marketing, finance, operations, organisational behaviour, entrepreneurship, customer relations, etc. Throughout the two years we expose our students to a wide-ranging array of situations, developing their capacity for analysis, assessment, judgment, and action that they can exercise throughout the course of any career they choose to pursue.
and relevant. Through the Case Research Centre our faculty has contributed more than 500 local cases to the curriculum, making it highly relevant to the South Asian industry.
Connect to grow
The MBA Programme at SDSB is an extremely demanding, rigorous and high pressure experience. The intense course work is invigorated by school-wide club events, student organisations, guest speakers, seminars, sports, conferences, and more. Our campus is designed to encourage community collaboration for a richer learning experience. Student life during the two years of MBA revolves around mutual support and respect for peers, thus developing close-knit friendships that last a lifetime. On graduation, you earn a place within a community of nearly 1800 alumni spread all over the world.
international scope and standard
The SDSB MBA Programme is designed to attract highly talented individuals from all over the world, bringing diverse perspectives and experiences to the classroom. Many of the cases taught are international in scope with a wide variety of MBA courses directly addressing global business issues. To support our faculty research and case development process, SDSB maintains linkages with top business schools of the world including Harvard, IMD, INSEAD, McGill University and Rice University.
real World learning
Our curriculum is based on real life cases. It is taught through the ‘Case Method’ pedagogy. Our faculty is one of the most high ranked in the region and their capability in classroom teaching is as inspirational as their cutting-edge research. The close collaboration between the faculty and industry keeps our curriculum constantly evolving
eiraj saleh DauD
MBa 1994
General Manager Sales Engro Corporation
LUMS engendered me with the ability to take risks, the patience to listen to other points of view and the courage to standby what I believe in.
MBa 2013-2014
5
nauMan jaFFar
MBa 1999
Director, Management Information System, B2B, TELUS, Toronto, Canada Owner, J&P Associates, Toronto, Canada
My LUMS MBA experience was really awesome. I have done two MBAs (one from LUMS and one from Canada) and followed up with several leadership courses at the University of Toronto, Harvard and UBC. The LUMS experience is as good if not better than the Harvard Business School experience (which I attended this year and reminded me of our intense MBA programmme 15 years back).
hoW We stay relevant?
The SDSB MBA Programme is designed to impart international business knowledge and experience along with the necessary exposure of the local market to enable students to apply relevant international best practices while staying in touch with the current realities. In order to achieve this challenging goal, the world class faculty is constantly involved in research relevant to the local industry. Case development based on market realities enhances the curriculum, keeping it up-to-date and pertinent.
the MBa Curriculum
The SDSB MBA is a two-year programme based on a series of core and elective courses.
strengthening your Focus
year ii
In year II, the students can select from a wide range of electives offered in multiple disciplines. Students can choose courses focusing on their interests, creating a mix of topics to support their professional goals.
Building the Foundation
year i
In year I, all students are expected to complete 11 core courses that are designed to give concepts that provide the backbone of general management education.
l Marketing Management l Financial Management l Organisational Behaviour l Financial Reporting and Analysis l Critical Thinking and Managerial Communication l Operations Management l Managerial Economic l Managerial Accounting and Control Systems l Islamic Ethics (half course) l Business Development and Strategy (half course) l Business Development and Economy (half course) l Decisions Modelling for Managers (half course) l Statistical Analysis for Management (half course) l Leadership and Social Responsibility (half course)
general Management
l Corporate Strategy l Family Business l Economic Environment and Business Risk l Corporate Governance l Business Law and Corporate Governance I & II
softening your transition
summer orientation programme (sop)
The SOP brings together students from diverse academic backgrounds and prepares them to deal with the challenges of the rigorous MBA programme. The programme is offered in August, prior to the official commencement of classes. It aims at easing the transitional stage of students into the regular MBA by providing fundamental skill enhancement modules in communication, business mathematics, accounting, computer applications and statistics, thus bringing all the students from different backgrounds at one level.
Marketing
l Integrated Marketing Communications l Brand Management l Sales Force Management l Consumer Behaviour & Market Research l Channel Management l Marketing Strategy & Planning l Business to Business l Digital Marketing
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MBa 2013-2014
organisational Behaviour/human resource Management
iqBal rashiD
MBa 1989
Mobile Industries Inc., Canada
l Human
Resource Management Organisational Politics Non-Profits Skills
specialisation Clarity through experience
suMMer internship
Between the first and the second year of the MBA Programme, students must undertake a project based summer internship of at least six weeks. The mandatory internship helps students to choose a functional area for their studies in year II of the MBA Programme and their careers later on. Through the internship, students gain valuable management experience early on in their careers and identify their long term career goals. Internship placements are aided by the MBA Placement Office.
l Managing l Managing
l Negotiation l Building l Leading
The LUMS MBA prepares people for the real word. It builds confidence and a clear understanding of the relevant business issues. It also develops problem solving and analytical skills. An experience of a life time!
and Leading Effective Teams and Managing Change
accounting and Finance
l Entrepreneurial l Corporate
Finance
Finance of Income Tax
l Fundamentals l Islamic
Banking Derivatives
l Investments
500+
Cases taught during
l Financial
l Risk Management and Stakeholder’s Value in Banks
putting theories to practice
the MBa projeCt
The MBA Project is mandatory in the second year and is equivalent to two full courses. A real life client presents a managerial issue to a team of 4-5 MBA students and over the year, the group has to present a comprehensive report to the client and is graded accordingly. The project is an excellent application of what is learnt throughout the programme. It is a challenging assignment, combining decision making ability, teamwork, working under pressure and an integrated approach towards management.
operations and it Management
l Management l Business l Supply
2
years of MBA
of Technology and Innovation
Intelligence Strategy
Chain and Retail Management
75%
International Cases
l Operations
Note: The electives listed only include the courses
offered in the academic year 2012-13. This list is not exhaustive and varies each year.
25%
Local Cases
MBa 2013-2014
7
stuDent Diversity We give you a at sDsB gloBal experienCe
The SDSB MBA programme offers you a multicultural experience, with participants from China, Nepal, Sri Lanka, Bangladesh, Malaysia, Uzbekistan, Azerbaijan, Kazakhstan, Philippines etc., bringing diverse outlooks and opinions to the classrooms. The mix of cultures and personalities is matched by a mix of educational and professional backgrounds
hasan MuBarak
MBa 2010
Business Development Manager Vopium
stuDent exChange prograMMes
To give our students a taste of the best global business practices, SDSB has established institutional links and student exchange programmes with top universities of the world. Our MBA students have the option to take a semester at one of the following institutes:
l Bond University, Australia l Brock University, Canada l Copenhagen Business School, Denmark l Emlyon Business School, France l ESSEC Business School, France l Guanghua School of Management, China l IESEG School of Management, France l Indian School of Business, Hyderabad, India l Koc University, Turkey
MBA 2014 - Geographical Distribution
A semester at Copenhagen Business School (CBS) on an exchange programme was an experience of a life time. The wide choice of courses, diverse and truly international student body and exceptional faculty all added to an extraordinary academic experience.
More than
n Karachi n Lahore n Islamabad/Rawalpindi n Overseas n Others
30%
of SDSB MBA students go on an international exchange programme every year
MBa 2014 Class proFile
AcAdemic BAckgrouNd Arts/Law Science Computer Science Economics Commerce/Business Engineering geNder rAtio Male Female 6 7 12 23 26 33
l Management Development Institute, Gurgaon, India l Seoul National University SNU, Korea l Tsinghua School of Economics and
Management, China
l University of New Castle, Australia l University Sains Malaysia (USM), Malaysia
75% 25%
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MBa 2013-2014
the FaCulty
dr. muhammad Adeel Zaffar Assistant Professor & Coordinator Management Science Programme University of North Carolina at Charlotte, USA dr. Farrah Arif Assistant Professor University of Cambridge, UK dr. Aneela malik Assistant Professor PhD, Université Paul Cézanne. France dr. Samina Quratulain Assistant Professor PhD, Université Paul Cézanne. France dr. Salman khan Assistant Professor PhD, Université Paul Cézanne. France dr. muhammad ghufran Ahmad Assistant Professor PhD, Université Paul Cézanne. France dr. Bushra Naqvi Assistant Professor PhD, University of Paris 1, France dr. Abdul karim khan Assistant Professor PhD, Université Paul Cézanne. France dr. ch. tanveer Shehzad Assistant Professor PhD, University of Groningen, The Netherlands dr. kamran Ali chatha Associate Professor & Director, Research PhD, Wolfson School of Mechanical & Manufacturing Engineering, Loughborough University, UK dr. Shazib e. Sheikh Assistant Professor & Director, Case Research Centre PhD, School of Informatics, Manchester University, UK Asad A. Alam Assistant Professor CPA (Institute of Chartered Accountants in England and Wales (ICAEW); MBA, University of Wisconsin-Madison, USA dr. muhammad Junaid Ashraf Assistant Professor CA (ICAP); PhD, University of Essex, UK Anjum Fayyaz Assistant Professor (Teaching Track) MBA, LUMS, PhD Candidate Copenhagen Business School, Denmark Ayesha Bhatti Assistant Professor (Teaching Track) ACA, UK dr. Adnan Zahid Assistant Professor (Tenure Track) & Director Undergraduate Programmes PhD, Cass Business School, City University, UK dr. muhammad Naiman Jalil Assistant Professor Erasmus University, Rotterdam, The Netherlands dr. Farzad rafi khan Associate Professor PhD, McGill University, Canada dr. ehsan ul Haque Associate Professor PhD, University of Texas at Arlington, USA dr. Jamshed H. khan Associate Professor & Associate Dean External Programmes PhD, University of Texas at Arlington, USA dr. Syed mubashir Ali Associate Professor & Registrar PhD, University of Manchester, UK dr. Arif iqbal rana Associate Professor & Director EMBA Programme PhD, Rensselaer Polytechnic Institute, Troy, NY, USA dr. Arif Nazir Butt Associate Professor & Dean PhD, McGill University, Canada dr. Aamir khan Associate Professor & Director Rausing Executive Development Centre PhD, Cranfield School of Management, Cranfield University, UK dr. Syed Zahoor Hassan Professor PhD, Stanford University, USA dr. Zafar iqbal Qureshi Visiting Professor & Chief of Party, ASPUSAID Project PhD, University of Pittsburgh, USA dr. Anwar khurshid Professor & Associate Dean Academic Programmes PhD, Michigan State University, USA dr. Saad Azmat Assistant Professor PhD, Monash University, Australia m. Basharullah Visiting Faculty MBA, Babson College, USA dr. Fazal Jawad Seyyed Visiting Faculty CFA; PhD, University of Arkansas, USA dr. misbah tanveer choudhry Visiting Faculty PhD, University of Groningen, The Netherlands Abdul rauf Teaching Fellow & Coordinator ACF Programme Chartered Accountant, ICAP moeen Naseet Butt Teaching Fellow Master of Science in Marketing, Johns Hopkins University, USA mian Bilal Zia Teaching Fellow Chartered Accountant, ICAP Arslan Shahid Butt Teaching Fellow CFA, ACCA muhammad Asim Teaching Fellow MSc Economics, LUMS m Abdur rahman malik Teaching Fellow MBA (LUMS); PhD Management Candidate, LUMS
MBa 2013-2014
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We help you aChieve your Career aspirations
the MBa placement office
To aid your internship and job placement, SDSB houses a dedicated MBA Placement Office (MPO). MPO actively manages relationships with hundreds of companies every year, providing you diverse opportunities to make connections with recruiters. In addition to employers who recruit on campus, you also have access to a wide network of individuals through the University Alumni Office. Throughout your time at SDSB, MPO will provide personalised attention and career coaching to help develop you and your capabilities, whether your dream company is one that recruits on campus or your firm of choice is in a niche industry or targeted geographic region. The MPO will provide the tools and resources to accompany you throughout the programme, from your initial thoughts about your career possibilities and evaluating your options, to the final job search process. At SDSB we teach you to manage your time, prioritise tasks, juggle responsibilities and move seamlessly between cultures. This all adds up to an ideal employee, making you the reason why all the top companies keep coming back to us to find their best fit.
Find out more at mpo.lums.edu.pk
MBA 2012 Function-wise Placement
MBA 2012 Sector-wise Placement
n Business Development n Finance n Human Resource n Management Trainee n Marketing n Operations n Project Management n Sales n Product Management n others
n Consultancy n Energy n Financial Institutions n FMCG n Group & Conglomerates n Information Technology n Manufacturing n Telecommunication n Others
Highest Monthly Salary MBA 2012:
Average Monthly Salary MBA 2012:
pkr 150,000
pkr 87,000
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MBa 2013-2014
M. Bilal ChauDhry
MBa 2012
Junior Associate McKinsey & company
The world-class faculty at SDSB, not only exposes you to the gold standard in management practice but also helps you place it in the local context. The focus on applied learning helps you develop real world skills in management rather than just functional expertise.
MBa stuDent CoMpanies that hire sDsB MBas exeCutive CluBs & l Aisha Steel Mills l Pakistan Tobacco Company (PTC) l Bank of America – Merrill Lynch, Hong Kong l Pepsi-Cola International events l Burj Bank l Philip Morris Pakistan Limited
The MBA student life outside the classroom is extremely stimulating and active. There are special MBA student clubs which are an integral part of the SDSB MBA experience. These clubs work with the corporate world, alumni and other industry experts to organise a whole calendar of events. These student centric societies hold guest lectures, business games, conferences, seminars etc.
l Entrepreneurship Club l Finance Club l Global Management Club l Human Resource Management Club l Leadership Society l LUMS Business Review l LUMS Investment Management Association l Marketing Club l Sports Society l Supply Chain Management Club l Toastmaster’s Club l Chevron Pakistan l Cisco Systems International l CitiBank NA l China Mobile Pakistan- Zong l Coca-Cola Export Corporation l Credit Suisse, Hong Kong l Descon Group l Dunia Finance LLC., Dubai l Eli Lilly Pakistan l Engro Corporation l Fatima Group l GlaxoSmithKline (GSK) l AkzoNobel (ICI Pakistan) l IFFCO, Dubai l Intech Process Automation l Kansai Paints l Karachi Electric Supply Company (KESC) l Kashf Foundation l Maersk Pakistan l Maple Leaf Cement l Maxim International l McKinsey & Co., Dubai l Mobilink l National Foods l Nestle Pakistan Ltd. l Netsol Technologies (Pvt) Ltd. l Nishat Group l Packages (Pvt) Ltd. l Procter & Gamble, Pakistan (P&G) l Punjab Board of Investment & Trade (PBIT) l Reckitt Benckiser (Pvt) Ltd. l Service Industries Limited l Shaukat Khanum Memorial Hospital l Shell Pakistan l Sofizar l Standard Chartered Bank l Techlogix l Telenor Pakistan l The Resource Group (TRG) l TOTAL Parco Pakistan l Uch Power Limited l Ufone GSM l Unilever Pakistan l United Nations Organisation l USAID l Wal-Mart l Warid Telecom (Pvt) Ltd.
20+
Student Societies
11
MBA Executive Clubs
Active contacts with 250+ recruiters worldwide
MBa 2013-2014
11
aDMission eligiBility guiDelines
Admission to the MBA Programme is based entirely on merit. Applicants are assessed on the following factors:
l Minimum of sixteen years of education
LmAt is offered as an internal test of LUMS is typically based on Multiple Choice Questions (MCQs). LMAT will be conducted simultaneously in Lahore, Karachi and Islamabad according to the dates specified on the LUMS website. gmAt is offered as a computer adaptive test worldwide. Apart from official test scores that LUMS will require directly from Educational Testing Service (ETS), USA, applicants must submit or mail a copy of the unofficial GMAT scores as soon as they take the test. The LUMS code for receiving GMAT scores from ETS is 0679. Note:
l LMAT taken more than two years before the
uzMa qaiser Butt
MBa 1998
Head of Human resource, nestle, pakistan
l l l l
leading to a Masters or Bachelors* degree from a University recognised by the Higher Education Commission (HEC), Pakistan Performance in the Admission Test (LMAT or GMAT) Work experience (preferred but not compulsory) Two letters of recommendation Interview performance
LUMS changed the course of my life. The faculty’s commitment to our development was outstanding. Every professional experience since is fundamentally owed to what the LUMS experience embedded in me.”
Work experienCe
Preference is given to applicants with prior work experience. Evaluation is based on the quantity and quality of the full-time work experience, and Candidates are encouraged to acquire work experience of between 1–2 years before applying to the LUMS MBA Programme. This requirement, however, is not mandatory for admission to the MBA Programme.
*Candidates holding only a bachelors degree of less than four years’ duration will be required to produce an equivalence certificate of completion of 16 years of education issued by the Higher Education Commission (HEC), Pakistan. The Admissions Office will review applications to ensure requirements are being met. Shortlisted candidates will be called in for an interview, after which the final decision will be taken.
aDMission test For MBa
Applicants can either take the LumS management Admission test (LmAt) or graduate management Admission test (gmAt) in order to be considered for admission.
admission deadline will not be considered valid. l To register for LMAT, applicants are required to submit their complete online admission application on or before the test registration deadline. Submission of the online admission application is mandatory for taking LMAT. l All applicants applying to the MBA Programme (for Fall 2013) can appear for a maximum of two LMATs during an admission cycle. l GMAT taken more than five years before the admission deadline will not be considered valid.
intervieW perForManCe
A merit ranking for interview shortlisting is established on academic performance, work experience (if any) and admission test score of the candidates. Those who qualify this comparative ranking are called in for an interview.
For details regarding admission criteria, please visit our website: www.lums.edu.pk
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MBa 2013-2014
naDeeM uz zaMan
MBa 1997
group sparkling Marketing Director for eurasia & Africa group, The coca-cola company
MBa Class proFile oF last year
Age Range Average Age Professional Experience Range Average Professional Experience Average GMAT/LMAT 20-34 years 24 years 0-8 years 2.38 years 620
I had heard that LUMS students are very competitive but what surprised me the most was how supportive they were. Everybody always wanted to try new things and learn from each other. My two years at LUMS were very memorable. My classmates came from all around Pakistan from different fields and with varying experiences, and this contributed to the class discussions, which were the most interesting and enjoyable part of academics.They built up my ability to negotiate and present a specific point. Overall it was an amazing experience that built business knowledge, helped shape positive behaviour to be ready for practical pressures of life and most importantly provided a forum to become part of a great community.
estiMateD expenses 2013–2014
mBA PKR Admission* 54,000 Semester Registration Fee 32,500 Summer Orientation Programme (SOP) 15,000 Tuition Fee 600,000 Reading Material 27,500 Security (Refundable) 15,000 total 744,000 Hostel charges Registration** Monthly Charges (excluding food) Security (Refundable)* *One time expense ** Annual expenses PKR 1,500 4,900 12,000
For details regarding admission criteria and fee structure, please visit our website: www.lums.edu.pk
MBa 2013-2014
13
We help FinanCe your Future
MCB stuDent personal loan (spl) FaCility
The Lahore University of Management Sciences (LUMS) has entered into an agreement with MCB Limited through which the bank provides commercial loans to MBA students of the Suleman Dawood School of Business (SDSB). The commercial loan facility is pivotal for students who are currently financially unable to afford the cost of tuition and living facilities. This facility is one of the first of its kind in Pakistan. Key features of the loan are:
l l
Repayment of principal and accrued mark up will begin six months after graduation, will be on monthly basis and will be completed over a maximum period of 6 years from the date of graduation. The monthly amount paid by the Student will consist of the loan repayment (amortization basis) plus a portion of the markup accrued before commencement of repayment. There is no prepayment penalty charged by MCB on early settlement of the loan. Student will be asked to provide a guarantor in the form of a parent/guardian to support the application. Student will not be allowed to apply for any fresh financing from any institution without MCB’s consent until repayment of this loan commences. The entire outstanding amount will have to be repaid on immediate basis if the student exits the programme or is asked to leave by LUMS.
l
In case of approval of loan, disbursement will be made directly to LUMS on account of the student. MCB and LUMS reserve the right to share details of outstanding amount of the Student Loan with the student’s employer. All loans are subject to the Bank’s internal approvals and MCB reserves the right to approve/disapprove a loan based on its internal assessment. In case a loan is not approved, students will be required to provide the total fees and expenses of the Programme themselves. LUMS is no longer providing any direct financial assistance to MBA students.
l
l
l
l
A maximum of 80% of the tuition, registration, admission and hostel fees is covered. However loan will be awarded based on student need as determined by MCB. Refundable security is not eligible for loans. Maximum two year loan amount is PKR 1.0 Million disbursed in tranches before the beginning of each term. Markup will be accrued at 6 months KIBOR + 2%. KIBOR will be reset on 6 monthly basis. The 2% spread over KIBOR will remain unchanged over the tenor of the loan.
l
l l
l
l
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MBa 2013-2014
oWais qazi
MBa 2005
Head of Credit Operations UAE, Dunia Finance
serving anD enriChing aluMni relations
The primary role of the LUMS Alumni Office is to provide a clear vision of the importance of alumni to the mission of the University and to develop, sustain and expand opportunities for alumni. The Alumni Office fosters and strengthens the intellectual and corporate connections to the LUMS community, and provides all alumni with a range of opportunities that will engage them with the University and with each other. Every year hundreds of alumni return to campus to celebrate their Homecoming. These reunions offer alumni the opportunity to catch up with old classmates, share experiences from their time at LUMS and find out about new developments at the University. Many alumni also decide to mark their anniversary year by making a collective Class Gift to the University to ensure that current and future students can get as much out of their time at LUMS as they did. The SDSB Luminites Association was formed in 2009 with the objective to cultivate and strengthen relationships with all the involved stakeholders; business and social enterprises. All the graduates of LUMS SDSB are the members of this Association. The Association’s affairs are run by an Executive Board elected by the SDSB alumni community. Alumni and friends have made a significant contribution to the new academic building of the Suleman Dawood School of Business, which is now in full operation and occupation. Located adjacent to the LUMS Mosque, the building provides extensive and flexible teaching and learning space for the School.
The LUMS MBA is one of the best investments I have made in my career. It’s a well structured, intensive and rigorous programme. The course content and case studies are thought provoking, relevant and practical. The learning environment is fantastic with first class professors and students with a rich diversity of experience and backgrounds. This leads to a highly stimulating, intellectual and compelling social experience. Most of us came out of LUMS with some lasting friendships and bonds forged over days and nights spent working together. LUMS also provides access to top-tier recruiters and business leaders and equips you with the necessary intellectual and practical tools to lead a very successful career.
LUMS alumni MBA alumni
6000+ 1800+
50%
Alumni based overseas
International Alumni Chapters Local Alumni Chapters
8 2
MBa 2013-2014
15
ConneCt With us through
l open l Website: l Facebook
Houses
sdsb.lums.edu.pk/mba
page: facebook.com/lums
uAN: +92-42-111-11-LumS (5867)
Message FroM the assoCiate Dean
03
We help you aChieve your Career aspirations
09 10 10 11
What Makes the sDsB MBa DiFFerent?
04 05 07 07
MBa stuDent exeCutive CluBs & events
hoW We stay relevant?
CoMpanies that hire sDsB MBas
stuDent Diversity at sDsB
aDMission eligiBility guiDelines
We give you a gloBal experienCe
We help you FinanCe your Future
13
the FaCulty
08
serving anD enriChing aluMni relations
14
MBa 2013-2014
3
Message FroM the
assoCiate Dean
Welcome to the MBA Programme at the Suleman Dawood School of Business (SDSB). The SDSB MBA is the flagship programme of LUMS and is a highly competitive, intense, challenging and demanding experience that brings out the best in you. Our MBA Programme offers broad based management education. The rigorous economic and management research conducted by our faculty ensures that the SDSB MBA stays one of the most relevant degrees of the region. At the SDSB MBA, we teach leadership not just by theories but also by practice. We develop your analytical and quantitative skills through the Case Method of Teaching. We provide you challenging opportunities to apply these skills and develop new ones in team-based multidisciplinary projects. During MBA at SDSB you will work with your peers and faculty in real time, for real stakes, for real companies around the world. You will do it as part of our core curriculum, and you can choose to do even more through a rich array of electives and focused learning opportunities. The various events organised by special MBA executive clubs take the classroom experience to a real world setting and provide immense networking and learning opportunities with the industry and academia. Our MBA classrooms have student representation from various countries of South Asia. Student exchange programmes across the globe add to the international exposure of our graduates. We have a strong alumni presence throughout the region. More than 50% of our alumni body is placed internationally which speaks of the achievements of our graduates. Our student body has access to these highly engaged alumni networks, seeking their advice and guidance. We provide our graduates with tremendous career and professional development opportunities. Through the MBA Placement Office we assist our students to achieve their career aspirations. At SDSB we foster open-mindedness, agility, and teamwork in our graduates. After going through the SDSB experience you will possess the resilience required to deal with uncertainty, insight to ask the right questions, identify the real challenges, and solve the important problems. I hope that after going through the following pages and paying us a visit, you will be able to assess if the SDSB MBA is the best fit for you. All the best!
Dr. AnwAr KhurshiD AssociAte DeAn & Professor sulemAn DAwooD school of Business
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MBa 2013-2014
suleMan DaWooD sChool oF Business
InspIrIng BusIness excellence
The Suleman Dawood School of Business (SDSB) is the oldest school at LUMS and was established in 1986. The School introduced the case method of teaching, keeping in mind the need for a challenging and relevant curriculum. SDSB also carries out rigorous economic and management research through research centres such as the Strategic Sectors Research Centre, Social Enterprise Development Centre and the Case Research Centre. SDSB maintains a close relationship with the business world, which acts as a source of advice and information. This interaction not only helps to keep the curriculum relevant to the needs of business organisations, but also ensures that the students are exposed to the dynamics of the corporate world. Business leaders actively interact with both faculty and students through frequent visits, seminars and as guest speakers, enriching the classroom experience with their perspectives. Additionally, industry linkages are strengthened by the involvement of faculty in teaching and training at the Rausing Executive Development Centre, which caters to more than 2,000 senior executives and managers annually. The SDSB aims to provide for the varying educational needs of a culturally diverse and geographically dispersed student body with the goal of preparing students academically, personally, and professionally for successful careers and to give them opportunities to make a difference.
What Makes the sDsB MBa DiFFerent?
the sDsB aDvantage
Through our well reputed MBA Programme we invite you to a unique business school experience that will transform your personal and professional life. We offer two years of leadership practice immersed in real world challenges. This is what makes the SDSB MBA different.
Management across Multiple Functions and levels
At SDSB, we develop leaders with a ‘Comprehensive Managerial Calibre’. We train our students in all disciplines of management through real life cases related to human resources, marketing, finance, operations, organisational behaviour, entrepreneurship, customer relations, etc. Throughout the two years we expose our students to a wide-ranging array of situations, developing their capacity for analysis, assessment, judgment, and action that they can exercise throughout the course of any career they choose to pursue.
and relevant. Through the Case Research Centre our faculty has contributed more than 500 local cases to the curriculum, making it highly relevant to the South Asian industry.
Connect to grow
The MBA Programme at SDSB is an extremely demanding, rigorous and high pressure experience. The intense course work is invigorated by school-wide club events, student organisations, guest speakers, seminars, sports, conferences, and more. Our campus is designed to encourage community collaboration for a richer learning experience. Student life during the two years of MBA revolves around mutual support and respect for peers, thus developing close-knit friendships that last a lifetime. On graduation, you earn a place within a community of nearly 1800 alumni spread all over the world.
international scope and standard
The SDSB MBA Programme is designed to attract highly talented individuals from all over the world, bringing diverse perspectives and experiences to the classroom. Many of the cases taught are international in scope with a wide variety of MBA courses directly addressing global business issues. To support our faculty research and case development process, SDSB maintains linkages with top business schools of the world including Harvard, IMD, INSEAD, McGill University and Rice University.
real World learning
Our curriculum is based on real life cases. It is taught through the ‘Case Method’ pedagogy. Our faculty is one of the most high ranked in the region and their capability in classroom teaching is as inspirational as their cutting-edge research. The close collaboration between the faculty and industry keeps our curriculum constantly evolving
eiraj saleh DauD
MBa 1994
General Manager Sales Engro Corporation
LUMS engendered me with the ability to take risks, the patience to listen to other points of view and the courage to standby what I believe in.
MBa 2013-2014
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nauMan jaFFar
MBa 1999
Director, Management Information System, B2B, TELUS, Toronto, Canada Owner, J&P Associates, Toronto, Canada
My LUMS MBA experience was really awesome. I have done two MBAs (one from LUMS and one from Canada) and followed up with several leadership courses at the University of Toronto, Harvard and UBC. The LUMS experience is as good if not better than the Harvard Business School experience (which I attended this year and reminded me of our intense MBA programmme 15 years back).
hoW We stay relevant?
The SDSB MBA Programme is designed to impart international business knowledge and experience along with the necessary exposure of the local market to enable students to apply relevant international best practices while staying in touch with the current realities. In order to achieve this challenging goal, the world class faculty is constantly involved in research relevant to the local industry. Case development based on market realities enhances the curriculum, keeping it up-to-date and pertinent.
the MBa Curriculum
The SDSB MBA is a two-year programme based on a series of core and elective courses.
strengthening your Focus
year ii
In year II, the students can select from a wide range of electives offered in multiple disciplines. Students can choose courses focusing on their interests, creating a mix of topics to support their professional goals.
Building the Foundation
year i
In year I, all students are expected to complete 11 core courses that are designed to give concepts that provide the backbone of general management education.
l Marketing Management l Financial Management l Organisational Behaviour l Financial Reporting and Analysis l Critical Thinking and Managerial Communication l Operations Management l Managerial Economic l Managerial Accounting and Control Systems l Islamic Ethics (half course) l Business Development and Strategy (half course) l Business Development and Economy (half course) l Decisions Modelling for Managers (half course) l Statistical Analysis for Management (half course) l Leadership and Social Responsibility (half course)
general Management
l Corporate Strategy l Family Business l Economic Environment and Business Risk l Corporate Governance l Business Law and Corporate Governance I & II
softening your transition
summer orientation programme (sop)
The SOP brings together students from diverse academic backgrounds and prepares them to deal with the challenges of the rigorous MBA programme. The programme is offered in August, prior to the official commencement of classes. It aims at easing the transitional stage of students into the regular MBA by providing fundamental skill enhancement modules in communication, business mathematics, accounting, computer applications and statistics, thus bringing all the students from different backgrounds at one level.
Marketing
l Integrated Marketing Communications l Brand Management l Sales Force Management l Consumer Behaviour & Market Research l Channel Management l Marketing Strategy & Planning l Business to Business l Digital Marketing
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organisational Behaviour/human resource Management
iqBal rashiD
MBa 1989
Mobile Industries Inc., Canada
l Human
Resource Management Organisational Politics Non-Profits Skills
specialisation Clarity through experience
suMMer internship
Between the first and the second year of the MBA Programme, students must undertake a project based summer internship of at least six weeks. The mandatory internship helps students to choose a functional area for their studies in year II of the MBA Programme and their careers later on. Through the internship, students gain valuable management experience early on in their careers and identify their long term career goals. Internship placements are aided by the MBA Placement Office.
l Managing l Managing
l Negotiation l Building l Leading
The LUMS MBA prepares people for the real word. It builds confidence and a clear understanding of the relevant business issues. It also develops problem solving and analytical skills. An experience of a life time!
and Leading Effective Teams and Managing Change
accounting and Finance
l Entrepreneurial l Corporate
Finance
Finance of Income Tax
l Fundamentals l Islamic
Banking Derivatives
l Investments
500+
Cases taught during
l Financial
l Risk Management and Stakeholder’s Value in Banks
putting theories to practice
the MBa projeCt
The MBA Project is mandatory in the second year and is equivalent to two full courses. A real life client presents a managerial issue to a team of 4-5 MBA students and over the year, the group has to present a comprehensive report to the client and is graded accordingly. The project is an excellent application of what is learnt throughout the programme. It is a challenging assignment, combining decision making ability, teamwork, working under pressure and an integrated approach towards management.
operations and it Management
l Management l Business l Supply
2
years of MBA
of Technology and Innovation
Intelligence Strategy
Chain and Retail Management
75%
International Cases
l Operations
Note: The electives listed only include the courses
offered in the academic year 2012-13. This list is not exhaustive and varies each year.
25%
Local Cases
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stuDent Diversity We give you a at sDsB gloBal experienCe
The SDSB MBA programme offers you a multicultural experience, with participants from China, Nepal, Sri Lanka, Bangladesh, Malaysia, Uzbekistan, Azerbaijan, Kazakhstan, Philippines etc., bringing diverse outlooks and opinions to the classrooms. The mix of cultures and personalities is matched by a mix of educational and professional backgrounds
hasan MuBarak
MBa 2010
Business Development Manager Vopium
stuDent exChange prograMMes
To give our students a taste of the best global business practices, SDSB has established institutional links and student exchange programmes with top universities of the world. Our MBA students have the option to take a semester at one of the following institutes:
l Bond University, Australia l Brock University, Canada l Copenhagen Business School, Denmark l Emlyon Business School, France l ESSEC Business School, France l Guanghua School of Management, China l IESEG School of Management, France l Indian School of Business, Hyderabad, India l Koc University, Turkey
MBA 2014 - Geographical Distribution
A semester at Copenhagen Business School (CBS) on an exchange programme was an experience of a life time. The wide choice of courses, diverse and truly international student body and exceptional faculty all added to an extraordinary academic experience.
More than
n Karachi n Lahore n Islamabad/Rawalpindi n Overseas n Others
30%
of SDSB MBA students go on an international exchange programme every year
MBa 2014 Class proFile
AcAdemic BAckgrouNd Arts/Law Science Computer Science Economics Commerce/Business Engineering geNder rAtio Male Female 6 7 12 23 26 33
l Management Development Institute, Gurgaon, India l Seoul National University SNU, Korea l Tsinghua School of Economics and
Management, China
l University of New Castle, Australia l University Sains Malaysia (USM), Malaysia
75% 25%
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the FaCulty
dr. muhammad Adeel Zaffar Assistant Professor & Coordinator Management Science Programme University of North Carolina at Charlotte, USA dr. Farrah Arif Assistant Professor University of Cambridge, UK dr. Aneela malik Assistant Professor PhD, Université Paul Cézanne. France dr. Samina Quratulain Assistant Professor PhD, Université Paul Cézanne. France dr. Salman khan Assistant Professor PhD, Université Paul Cézanne. France dr. muhammad ghufran Ahmad Assistant Professor PhD, Université Paul Cézanne. France dr. Bushra Naqvi Assistant Professor PhD, University of Paris 1, France dr. Abdul karim khan Assistant Professor PhD, Université Paul Cézanne. France dr. ch. tanveer Shehzad Assistant Professor PhD, University of Groningen, The Netherlands dr. kamran Ali chatha Associate Professor & Director, Research PhD, Wolfson School of Mechanical & Manufacturing Engineering, Loughborough University, UK dr. Shazib e. Sheikh Assistant Professor & Director, Case Research Centre PhD, School of Informatics, Manchester University, UK Asad A. Alam Assistant Professor CPA (Institute of Chartered Accountants in England and Wales (ICAEW); MBA, University of Wisconsin-Madison, USA dr. muhammad Junaid Ashraf Assistant Professor CA (ICAP); PhD, University of Essex, UK Anjum Fayyaz Assistant Professor (Teaching Track) MBA, LUMS, PhD Candidate Copenhagen Business School, Denmark Ayesha Bhatti Assistant Professor (Teaching Track) ACA, UK dr. Adnan Zahid Assistant Professor (Tenure Track) & Director Undergraduate Programmes PhD, Cass Business School, City University, UK dr. muhammad Naiman Jalil Assistant Professor Erasmus University, Rotterdam, The Netherlands dr. Farzad rafi khan Associate Professor PhD, McGill University, Canada dr. ehsan ul Haque Associate Professor PhD, University of Texas at Arlington, USA dr. Jamshed H. khan Associate Professor & Associate Dean External Programmes PhD, University of Texas at Arlington, USA dr. Syed mubashir Ali Associate Professor & Registrar PhD, University of Manchester, UK dr. Arif iqbal rana Associate Professor & Director EMBA Programme PhD, Rensselaer Polytechnic Institute, Troy, NY, USA dr. Arif Nazir Butt Associate Professor & Dean PhD, McGill University, Canada dr. Aamir khan Associate Professor & Director Rausing Executive Development Centre PhD, Cranfield School of Management, Cranfield University, UK dr. Syed Zahoor Hassan Professor PhD, Stanford University, USA dr. Zafar iqbal Qureshi Visiting Professor & Chief of Party, ASPUSAID Project PhD, University of Pittsburgh, USA dr. Anwar khurshid Professor & Associate Dean Academic Programmes PhD, Michigan State University, USA dr. Saad Azmat Assistant Professor PhD, Monash University, Australia m. Basharullah Visiting Faculty MBA, Babson College, USA dr. Fazal Jawad Seyyed Visiting Faculty CFA; PhD, University of Arkansas, USA dr. misbah tanveer choudhry Visiting Faculty PhD, University of Groningen, The Netherlands Abdul rauf Teaching Fellow & Coordinator ACF Programme Chartered Accountant, ICAP moeen Naseet Butt Teaching Fellow Master of Science in Marketing, Johns Hopkins University, USA mian Bilal Zia Teaching Fellow Chartered Accountant, ICAP Arslan Shahid Butt Teaching Fellow CFA, ACCA muhammad Asim Teaching Fellow MSc Economics, LUMS m Abdur rahman malik Teaching Fellow MBA (LUMS); PhD Management Candidate, LUMS
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We help you aChieve your Career aspirations
the MBa placement office
To aid your internship and job placement, SDSB houses a dedicated MBA Placement Office (MPO). MPO actively manages relationships with hundreds of companies every year, providing you diverse opportunities to make connections with recruiters. In addition to employers who recruit on campus, you also have access to a wide network of individuals through the University Alumni Office. Throughout your time at SDSB, MPO will provide personalised attention and career coaching to help develop you and your capabilities, whether your dream company is one that recruits on campus or your firm of choice is in a niche industry or targeted geographic region. The MPO will provide the tools and resources to accompany you throughout the programme, from your initial thoughts about your career possibilities and evaluating your options, to the final job search process. At SDSB we teach you to manage your time, prioritise tasks, juggle responsibilities and move seamlessly between cultures. This all adds up to an ideal employee, making you the reason why all the top companies keep coming back to us to find their best fit.
Find out more at mpo.lums.edu.pk
MBA 2012 Function-wise Placement
MBA 2012 Sector-wise Placement
n Business Development n Finance n Human Resource n Management Trainee n Marketing n Operations n Project Management n Sales n Product Management n others
n Consultancy n Energy n Financial Institutions n FMCG n Group & Conglomerates n Information Technology n Manufacturing n Telecommunication n Others
Highest Monthly Salary MBA 2012:
Average Monthly Salary MBA 2012:
pkr 150,000
pkr 87,000
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M. Bilal ChauDhry
MBa 2012
Junior Associate McKinsey & company
The world-class faculty at SDSB, not only exposes you to the gold standard in management practice but also helps you place it in the local context. The focus on applied learning helps you develop real world skills in management rather than just functional expertise.
MBa stuDent CoMpanies that hire sDsB MBas exeCutive CluBs & l Aisha Steel Mills l Pakistan Tobacco Company (PTC) l Bank of America – Merrill Lynch, Hong Kong l Pepsi-Cola International events l Burj Bank l Philip Morris Pakistan Limited
The MBA student life outside the classroom is extremely stimulating and active. There are special MBA student clubs which are an integral part of the SDSB MBA experience. These clubs work with the corporate world, alumni and other industry experts to organise a whole calendar of events. These student centric societies hold guest lectures, business games, conferences, seminars etc.
l Entrepreneurship Club l Finance Club l Global Management Club l Human Resource Management Club l Leadership Society l LUMS Business Review l LUMS Investment Management Association l Marketing Club l Sports Society l Supply Chain Management Club l Toastmaster’s Club l Chevron Pakistan l Cisco Systems International l CitiBank NA l China Mobile Pakistan- Zong l Coca-Cola Export Corporation l Credit Suisse, Hong Kong l Descon Group l Dunia Finance LLC., Dubai l Eli Lilly Pakistan l Engro Corporation l Fatima Group l GlaxoSmithKline (GSK) l AkzoNobel (ICI Pakistan) l IFFCO, Dubai l Intech Process Automation l Kansai Paints l Karachi Electric Supply Company (KESC) l Kashf Foundation l Maersk Pakistan l Maple Leaf Cement l Maxim International l McKinsey & Co., Dubai l Mobilink l National Foods l Nestle Pakistan Ltd. l Netsol Technologies (Pvt) Ltd. l Nishat Group l Packages (Pvt) Ltd. l Procter & Gamble, Pakistan (P&G) l Punjab Board of Investment & Trade (PBIT) l Reckitt Benckiser (Pvt) Ltd. l Service Industries Limited l Shaukat Khanum Memorial Hospital l Shell Pakistan l Sofizar l Standard Chartered Bank l Techlogix l Telenor Pakistan l The Resource Group (TRG) l TOTAL Parco Pakistan l Uch Power Limited l Ufone GSM l Unilever Pakistan l United Nations Organisation l USAID l Wal-Mart l Warid Telecom (Pvt) Ltd.
20+
Student Societies
11
MBA Executive Clubs
Active contacts with 250+ recruiters worldwide
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aDMission eligiBility guiDelines
Admission to the MBA Programme is based entirely on merit. Applicants are assessed on the following factors:
l Minimum of sixteen years of education
LmAt is offered as an internal test of LUMS is typically based on Multiple Choice Questions (MCQs). LMAT will be conducted simultaneously in Lahore, Karachi and Islamabad according to the dates specified on the LUMS website. gmAt is offered as a computer adaptive test worldwide. Apart from official test scores that LUMS will require directly from Educational Testing Service (ETS), USA, applicants must submit or mail a copy of the unofficial GMAT scores as soon as they take the test. The LUMS code for receiving GMAT scores from ETS is 0679. Note:
l LMAT taken more than two years before the
uzMa qaiser Butt
MBa 1998
Head of Human resource, nestle, pakistan
l l l l
leading to a Masters or Bachelors* degree from a University recognised by the Higher Education Commission (HEC), Pakistan Performance in the Admission Test (LMAT or GMAT) Work experience (preferred but not compulsory) Two letters of recommendation Interview performance
LUMS changed the course of my life. The faculty’s commitment to our development was outstanding. Every professional experience since is fundamentally owed to what the LUMS experience embedded in me.”
Work experienCe
Preference is given to applicants with prior work experience. Evaluation is based on the quantity and quality of the full-time work experience, and Candidates are encouraged to acquire work experience of between 1–2 years before applying to the LUMS MBA Programme. This requirement, however, is not mandatory for admission to the MBA Programme.
*Candidates holding only a bachelors degree of less than four years’ duration will be required to produce an equivalence certificate of completion of 16 years of education issued by the Higher Education Commission (HEC), Pakistan. The Admissions Office will review applications to ensure requirements are being met. Shortlisted candidates will be called in for an interview, after which the final decision will be taken.
aDMission test For MBa
Applicants can either take the LumS management Admission test (LmAt) or graduate management Admission test (gmAt) in order to be considered for admission.
admission deadline will not be considered valid. l To register for LMAT, applicants are required to submit their complete online admission application on or before the test registration deadline. Submission of the online admission application is mandatory for taking LMAT. l All applicants applying to the MBA Programme (for Fall 2013) can appear for a maximum of two LMATs during an admission cycle. l GMAT taken more than five years before the admission deadline will not be considered valid.
intervieW perForManCe
A merit ranking for interview shortlisting is established on academic performance, work experience (if any) and admission test score of the candidates. Those who qualify this comparative ranking are called in for an interview.
For details regarding admission criteria, please visit our website: www.lums.edu.pk
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naDeeM uz zaMan
MBa 1997
group sparkling Marketing Director for eurasia & Africa group, The coca-cola company
MBa Class proFile oF last year
Age Range Average Age Professional Experience Range Average Professional Experience Average GMAT/LMAT 20-34 years 24 years 0-8 years 2.38 years 620
I had heard that LUMS students are very competitive but what surprised me the most was how supportive they were. Everybody always wanted to try new things and learn from each other. My two years at LUMS were very memorable. My classmates came from all around Pakistan from different fields and with varying experiences, and this contributed to the class discussions, which were the most interesting and enjoyable part of academics.They built up my ability to negotiate and present a specific point. Overall it was an amazing experience that built business knowledge, helped shape positive behaviour to be ready for practical pressures of life and most importantly provided a forum to become part of a great community.
estiMateD expenses 2013–2014
mBA PKR Admission* 54,000 Semester Registration Fee 32,500 Summer Orientation Programme (SOP) 15,000 Tuition Fee 600,000 Reading Material 27,500 Security (Refundable) 15,000 total 744,000 Hostel charges Registration** Monthly Charges (excluding food) Security (Refundable)* *One time expense ** Annual expenses PKR 1,500 4,900 12,000
For details regarding admission criteria and fee structure, please visit our website: www.lums.edu.pk
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We help FinanCe your Future
MCB stuDent personal loan (spl) FaCility
The Lahore University of Management Sciences (LUMS) has entered into an agreement with MCB Limited through which the bank provides commercial loans to MBA students of the Suleman Dawood School of Business (SDSB). The commercial loan facility is pivotal for students who are currently financially unable to afford the cost of tuition and living facilities. This facility is one of the first of its kind in Pakistan. Key features of the loan are:
l l
Repayment of principal and accrued mark up will begin six months after graduation, will be on monthly basis and will be completed over a maximum period of 6 years from the date of graduation. The monthly amount paid by the Student will consist of the loan repayment (amortization basis) plus a portion of the markup accrued before commencement of repayment. There is no prepayment penalty charged by MCB on early settlement of the loan. Student will be asked to provide a guarantor in the form of a parent/guardian to support the application. Student will not be allowed to apply for any fresh financing from any institution without MCB’s consent until repayment of this loan commences. The entire outstanding amount will have to be repaid on immediate basis if the student exits the programme or is asked to leave by LUMS.
l
In case of approval of loan, disbursement will be made directly to LUMS on account of the student. MCB and LUMS reserve the right to share details of outstanding amount of the Student Loan with the student’s employer. All loans are subject to the Bank’s internal approvals and MCB reserves the right to approve/disapprove a loan based on its internal assessment. In case a loan is not approved, students will be required to provide the total fees and expenses of the Programme themselves. LUMS is no longer providing any direct financial assistance to MBA students.
l
l
l
l
A maximum of 80% of the tuition, registration, admission and hostel fees is covered. However loan will be awarded based on student need as determined by MCB. Refundable security is not eligible for loans. Maximum two year loan amount is PKR 1.0 Million disbursed in tranches before the beginning of each term. Markup will be accrued at 6 months KIBOR + 2%. KIBOR will be reset on 6 monthly basis. The 2% spread over KIBOR will remain unchanged over the tenor of the loan.
l
l l
l
l
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oWais qazi
MBa 2005
Head of Credit Operations UAE, Dunia Finance
serving anD enriChing aluMni relations
The primary role of the LUMS Alumni Office is to provide a clear vision of the importance of alumni to the mission of the University and to develop, sustain and expand opportunities for alumni. The Alumni Office fosters and strengthens the intellectual and corporate connections to the LUMS community, and provides all alumni with a range of opportunities that will engage them with the University and with each other. Every year hundreds of alumni return to campus to celebrate their Homecoming. These reunions offer alumni the opportunity to catch up with old classmates, share experiences from their time at LUMS and find out about new developments at the University. Many alumni also decide to mark their anniversary year by making a collective Class Gift to the University to ensure that current and future students can get as much out of their time at LUMS as they did. The SDSB Luminites Association was formed in 2009 with the objective to cultivate and strengthen relationships with all the involved stakeholders; business and social enterprises. All the graduates of LUMS SDSB are the members of this Association. The Association’s affairs are run by an Executive Board elected by the SDSB alumni community. Alumni and friends have made a significant contribution to the new academic building of the Suleman Dawood School of Business, which is now in full operation and occupation. Located adjacent to the LUMS Mosque, the building provides extensive and flexible teaching and learning space for the School.
The LUMS MBA is one of the best investments I have made in my career. It’s a well structured, intensive and rigorous programme. The course content and case studies are thought provoking, relevant and practical. The learning environment is fantastic with first class professors and students with a rich diversity of experience and backgrounds. This leads to a highly stimulating, intellectual and compelling social experience. Most of us came out of LUMS with some lasting friendships and bonds forged over days and nights spent working together. LUMS also provides access to top-tier recruiters and business leaders and equips you with the necessary intellectual and practical tools to lead a very successful career.
LUMS alumni MBA alumni
6000+ 1800+
50%
Alumni based overseas
International Alumni Chapters Local Alumni Chapters
8 2
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ConneCt With us through
l open l Website: l Facebook
Houses
sdsb.lums.edu.pk/mba
page: facebook.com/lums
uAN: +92-42-111-11-LumS (5867)
