Scholarship/Endowment Fund settled by Classes
April 2022: The Class of 2016 has set up an endowment fund of PKR 8 million in the loving memory of their late classmate Mr. Ali Asadullah to support undergraduate students. Our heartiest gratitude to the class of 2016 for this generous initiative.
February 2022: The IBA Karachi would like to acknowledge the efforts of IBA Class of 1992 for setting up an endowment fund of PKR 8 million to support one student per academic year. We are grateful to the class and encourage others to also step forward to support their alma mater.
The class of 2000 set up an endowment fund of PKR 8 million in the loving memory of their late professor Syed Fazle Hassan. We are thankful for the generosity and kindness that the class has shown by setting up an annual scholarship to financially assist deserving students at the IBA.
We are thankful for the generosity and kindness of class of 2006 and class of 2011 for setting up an annual scholarship to financially assist deserving students at the IBA. We really appreciate the constant support by our alumni towards alma mater.
The Institute of Business Administration (IBA) Karachi hosted a reunion for the MBA Class of 1978 at the IBA Main Campus on Wednesday, September 30, 2020. Those who could attend celebrated and revived the bond of 42 years that they shared with their alma mater. The reunion was attended by Ms. Leila Ahmad, Mr. Aftab Manzoor, Mr. Shams Izhar, Mr. Vaqaruddin, Mr. Azhar Sajjad, Mr. Aftab Shah, Mr. Shaheed Kazi and Mr. Aziz Majid.
Recognizing the important role alumni play in supporting their alma mater, the Class of 1978 proposed the setting up an Endowment Fund in the memory of their late classmate, Mr. Anver Saifi. The Class of '78 and the family and friends of Anver Saifi have generously donated PKR 4 million to the fund and have plans to further increase this fund.
The IBA Karachi is pleased to announce that the MBA Class of 1986 has set-up a scholarship fund which will support two deserving undergraduate students every year. The IBA Karachi truly appreciates the combined efforts of the batch of 1986 for this kind and thoughtful gesture.
The IBA Karachi would like to acknowledge the efforts of MBA MIS Class of 1990 to set up the 'Abdul Hameed Khan' Scholarship Fund and would like to thank them. The class has committed to donate PKR 4 million. We are grateful and encourage others to also step forward to support their alma mater.
The IBA Karachi is pleased to inform that the MBA Class of 1990 has set up an annual scholarship, in the memory of their cherished classmate, Mr. Farhan Pasha. Mr. Pasha was a wonderful person, kind soul, Supply Chain expert and an unofficial note-taker of the class.
The ‘Farhan Pasha – Class of 1990’ scholarship will support an undergraduate student throughout the course of his studies. The class has donated PKR 0.65 million and the Institute is thankful for their generosity and requests other alumni to come forward and give back to their alma mater to make quality education accessible.
IBA is pleased to announce the completion of Nazish Iqbal Endowment Fund. While Nazish is no more with us, her passion to support education continues to thrive through a legacy fund which shall support at least 1 student at IBA for all times to come.
The IBA would also like to thank Nazish's family and all the supporters contributing for this noble cause.
The MBA Class of 1991 held a virtual roundtable to mark the establishment of a scholarship fund in their class' name. The class has pledged to donate Rs. 2 million to support a TCF alumnus/alumna at the IBA Karachi.
Mr. Nader Nanjiani, along with Ms. Azra Maqsood, Ms. Ghazala Nadeem, Ms. Huma Hameed, Mr. Nadeem Zafar, Mr. Qasim Habib, Mr. Zubair Elahi, Mr. Farhan Ahmed, Mr. Naveed Ahmed, and Mr. Aamir Maqbool met with Executive Director IBA, Dr. Akbar Zaidi, and Director Alumni Affairs and Resource Mobilization, Ms. Malahat Awan, over a video conference. The group discussed different aspects of their beloved alma mater and shared feedback.
An MoU was signed between the Institute of Business Administration (IBA) Karachi, IBA Alumni Class of 1993 and Generating Employment Alternatives to Promote Self-Reliance (G.E.A.R) to financially support IBA students. The Executive Director IBA, Dr. S Akbar Zaidi, CEO and Board of Trustees G.E.A.R., Mr. Ekhlaque Ahmed and representative of the IBA Class of 1993, Mr. Aliuddin Ahmed, signed the MoU at a ceremony held at the IBA.
The Class of 1993 has set up the Class of '93 - Kamran Ahmed Scholarship Fund, named after a deceased classmate. The funding will be released through G.E.A.R. As per the MOU, this scholarship fund will support two deserving students for their entire duration of studies through the provision of grant or interest-free loan.
Commenting on the initiative, the representatives from the Class of 1993 and G.E.A.R. said, "We are pleased to partner with the IBA in contributing towards making quality education affordable to deserving students We look forward to engaging with the recipients of the scholarship as they prepare themselves for their bright future and will be available to mentor and guide them throughout their journey."
Dr. Zaidi appreciated the initiative and said, "We are grateful to the G.E.A.R Foundation and the Alumni Class of 1993 for extending its endearing support to the students belonging to the underprivileged regions who come to our institution after going through a rigorous evaluation process. This collaboration echoes the commitment of these individuals towards the society by enriching the lives of students who wish to excel in their education."
The IBA Class of 1993 organized their reunion at the IBA, Karachi. The alumni got together, along with their families, after 26 years and were awed by the renovated and enhanced infrastructure at the Main Campus.
The Class Reunion had alumni who had come over all the way from Canada and Netherlands, enjoyed their stay and engaged in a couple of indoor games. The event started with a campus tour, followed by a classroom visit where the alumni participated in a winter school session being conducted by Dr. Shahid Mir. They also appreciated the different facilities available at the Alumni Student Centre, stayed for a brunch, and had a meeting with Dr. Farrukh Iqbal, the Executive Director and Ms. Malahat Awan, Head of ACRC Department.
Meeting with the Executive Director was focused on implementation of diversification, infrastructural development, scholarship funding by the alumni and private sector, advancement in academic writings and journals, and IBA's robust testing services.
The Class of 1993 had a memorable experience and they pledged to visit IBA frequently and help their alma mater in terms of mentoring and financial assistance.
The Class of 1994 established the Endowment Fund of more than Rs. 13 million making it the largest fund set up by a class to date. The fund will sponsor the tuition fee of 2 students every semester for perpetuity. The idea of helping deserving students was conceptualized during the silver jubilee reunion held at the main campus in December 2019.
The IBA, Karachi is grateful to the Class of 1994 for pulling off this monumental feat in a couple of months and encourages other classes to follow their example.
Around 30 classmates from the Class of 1995 (BBA and MBA) reunited physically and virtually at the Main campus and finalized the establishment of an endowed fund at their alma mater. The class met with the IBA team including the Executive Director, Dr. Akbar Zaidi, the Director Alumni Affairs and Corporate Relations, Mrs. Malahat Awan, and the Director NTHP, Dr. Junaid Alam. Representatives from The Citizens Foundation were invited as distinguished guests including the Board member, Mr. Mushtaq Chhapra, and the CEO, Mr. Asaad Ayub.
The Class announced the establishment of an Endowment Fund and an Executive Mentoring program for TCF students enrolled at the IBA. An amount of PKR 12 million has already been deposited by '95 alumni, who are celebrating their 25thyear of graduation by giving back to their institution and their country.
The 'Class of 95 – IBA and TCF Endowment Fund' will fund the educational expenses of TCF alumni accepted at various IBA programs. This fund is being managed by IBA's Financial Assistance Committee.
In addition, a carefully curated mentoring program will be introduced for TCF students enrolled at the IBA. Under the 'IBA-TCF Mentoring Program', a committee of prominent business leaders, based in Pakistan and abroad, will help their mentees deal with university and professional life challenges and opportunities.
The IBA Karachi is grateful to the Class of 1996 for setting up the Syed Anwer Kazmi Scholarship to support underprivileged yet talented students during their undergraduate studies. The scholarship has been established in the name of their late classmate, Mr. Syed Anwer Kazmi, who passed away in 2006. The class will be celebrating their Silver Jubilee next year and many of Mr. Kazmi's classmates have actively donated towards this scholarship.
The IBA Karachi is pleased to announce that the MBA Class of 1996 has set up the Shariah Compliant Endowment Fund. The institute is extremely proud of its alumni who have selflessly committed to donate a total amount of Rs. 7 million for this cause.
The IBA Karachi would like to appreciate and acknowledge the tireless efforts of this batch in setting up this endowment fund for the benefit of deserving students.
We are pleased to announce that the Class of 1997 has delivered on their commitment of Rs. 6 Million for the IBA's endowment fund. The 'Syed Ahmed Endowment Fund' was set up in the name of their deceased class fellow during a class reunion held in December 2017. The annual tuition fee of one student is being funded through this fund.
The IBA, Karachi is grateful to the Class of 1997 for coming together for this noble cause and encourages other classes to follow their lead
The IBA Karachi would like to extend heartfelt gratitude to the Class of 1999 for establishing a Scholarship Endowment Fund in memory of their two cherished classmates who left too early for their heavenly abode. The 'Hatim S. Fakhruddin & Masood Mustafa Shah' Scholarship will financially aid underprivileged students.
Masood was a polite, diligent, and thoughtful person with big dreams. He was inspired by his very accomplished grandfather, late Dr. Ghulam Mustafa Shah and that drew him towards teaching and politics. Masood always worked diligently towards achieving his dreams. He knew that it wasn't going to be easy, and he also knew there would be many struggles with no easy wins. He passed away in 2011.
Hatim was a caring and gentle soul who always had a smile on his face. He had this calm demeanor even in the tensest of situations. He always had the interest of people around him at heart and passed away trying to save others from drowning in the sea in 2015. A true Hatim.
Currently, the Class of 1999 is in the process of setting up the endowment fund of PKR 10 million and would like to reach out and connect with their classmates for this noble cause
The Class of 2000 has set up an endowment fund of PKR 8 million in the loving memory of their late Professor, Syed Fazle Hasan. The scholarship will be supported by the 'Syed Fazle Hasan Endowment Fund'. The fund will not be limited to the Class of 2000 only, but to all the students and friends of late Mr. Hasan. The IBA Karachi would like to extend heartfelt gratitude to the Class of 2000 for this gesture of love, respect, and devotion to their teacher.
The IBA Karachi is very grateful to its alumni for their efforts in setting up the Usman Motiwala Endowment Fund. The fund is dedicated to the memory of Usman Motiwala who lost his life in a tragic accident in 1998. The batch of 2000 has generously committed Rs. 4 million for this noble cause of supporting students to attain further education with ease and accessibility.
The IBA Karachi is pleased to announce that the Class of 2002 and friends of Zeeshan Khamisani have generously set-up an Endowment Fund in which they have already donated Rs. 2.3 million to support their alma mater. The fund has been set up in memory of their dear departed alumni, Zeeshan Khamisani (Class of BBA/MBA 2001 ESF) and Zain Polani (Class of 2003 BBA/MBA-ESF). The IBA Karachi is extremely grateful for their efforts and encourages other alumni as well to step forward for such noble causes.
While this pandemic came with hardships, it also provided many with time to sit back and reflect on various life priorities. In one such a virtual session, a group of alumni from the MBA Class of 2004 decided to give back to society and the IBA provided a perfect platform for them to do that.
The Class of 2004 will initially commit to a four-year financial assistance for one student amounting to PKR 2 million, but will not be limiting this offer to just financial assistance. The pledge is to utilize the vast and diverse experience of this group of alumni and provide mentoring throughout the selected student's academic association with the IBA. The plan is to increase the scope of this scholarship fund in future, inspire others and use this platform for constructive value addition.
The IBA Karachi is pleased to announce that the MBA Class of 2005 has set up an annual scholarship fund with a commitment of Rs. 2.2 million over a period of four years. The MBA Class of 2005 is proud to be a part of the IBA's golden jubilee batch and on their completion of 15 years of graduation, this scholarship is a token of gratitude to their alma mater. The 'Class of 2005' scholarship will support an undergraduate student for four-year degree at the IBA.
The IBA Karachi is pleased to announce that the MBA Class of 2006 has recently set up an annual scholarship of Rs. 500,000/- to sponsor the education of an undergraduate student. The scholarship will be called ' Class of MBA 2006 - Mavara Ikram Scholarship' in the memory of their beloved batch mate.
The past year has seen a significant increase in Class scholarships set up by the IBA Alumni of various years. The IBA, Karachi is grateful to the MBA class of 2006 for their contribution and urge other alumni to come forward and give back to their alma mater.
The IBA Karachi is pleased to announce that the BBA MIS Class of 2010 has set up a scholarship fund in the memory of their late classmate Sarah Sohail. The batch has committed to donate an amount of Rs. 2 million for the cause.
The 'Sarah Sohail Scholarship' has been established with the prime purpose of supporting an undergraduate female student from a rural area for the duration of four years. We would like to thank the class of BBA MIS 2010 for coming together to set up this scholarship for a noble cause.
The Class of 2011 has magnanimously stepped forward in setting up an annual scholarship fund at the IBA Karachi which will provide financial assistance to an underprivileged student at the IBA. The Institute is indeed grateful for the unwavering support provided by its alumni.
The Islamabad Alumni Chapter (IAC) held a candid meetup with the Executive Director (ED), IBA Karachi, Dr. S Akbar Zaidi in Islamabad. A group of alumni from various classes met Dr. Zaidi and Director, Alumni Affairs, Ms. Malahat Awan at a co-working space, The Hive, owned by an alumnus. Mr. Raza Chinoy, President, IAC and office bearers hosted the evening where the ED discussed his vision for the institute. The alumni provided insights from the industry and discussed ways in which the IBA could align its pedagogy with the changing market dynamics. Mr. Chinoy, on behalf of the chapter, announced the launch of student scholarship fund which will cover the tuition fee of one student annually. Later, the office bearers presented souvenirs to the IBA team.
The IBA’s MBA Class of 1982 had a small reunion at the IBA Main Campus, the alumni were hosted by the Executive Director, Dr. S Akbar Zaidi and Director Alumni & Corporate Relations, Ms. Malahat Awan. The class was highly appreciated for showing their unbreakable bond with their alma mater, by setting up an endowment fund of Rs.8 million to help a financially unprivileged students at IBA.
