For many years, Pakistan has been regarded as Asia’s premier study abroad destination. With over 200 modern universities and more than 2,000 colleges, Pakistan has a well-established educational infrastructure that attracts students from all over the world. Education in business administration is just one of the many specializations offered by its well-equipped educational facilities.
Studying abroad in Pakistan is a once-in-a-lifetime opportunity for international students who are drawn to the country for a variety of reasons. Those who are considering African and Asian countries for higher education prefer Pakistan because of its multiculturalism, welcoming living environment, low-cost lifestyle, and great societal norms. Furthermore, in Pakistan, students have access to an effective learning setting. Global standards are met by a growing number of English-medium colleges and universities.
The following is a comprehensive list of excellent schools of business in Pakistan.
How Long is an MBA Degree in Pakistan?
The duration of an MBA degree is usually two years. MBA students in Pakistan receive training in finance, accounting, marketing, and management. MBA programs may be shorter or longer, depending on the institution you’re enrolling in. It is noteworthy that the duration of a program is not an indicator of how good it is. Students who want to pursue an MBA in Pakistan should focus on the quality of the program and how it aligns with their goals and ambitions.
What is the Job Market Like for Business Graduates in Pakistan?
Business in Pakistan is considered a general degree; therefore, graduates, on top of their degree, need interpersonal skills in order to land a job in a field related to business, like sales. Graduates who are endowed with exceptional communication skills tend to find great success in business. Most companies in Pakistan are looking for talent and skills over diplomas, so if you are studying business, make sure you invest time in working on your soft and hard skills.
Top Business Schools in Pakistan
1. Lahore University of Management Sciences—Suleman Dawood School of Business
Lahore University of Management Sciences (LUMS) is a non-profit university known for its educational offerings. It was founded in 1985 to provide students in the country of Pakistan with academic and intellectual training. It is a top Pakistani university with such a long history of success and optimistic goals for the future. As Pakistan’s leading university, LUMS has been ranked among the best in the district and in Asia.
In the university, students can gain knowledge, explore and transform themselves. In this environment, you are free to raise questions, initiate change, and generate new ideas. To build a powerful society of representatives and innovators, they look for brilliant and imaginative students that have the intellect with radical ideas.
QS World University Rankings recognized them as one of the world’s best universities, based on their popularity and academic performance. Furthermore, The Association to Advance Collegiate Schools of Business (AACSB) recognized them as Pakistan’s first accredited business school.
See Also: 5 Best Universities in Pakistan for International Students
2. Institute of Business Management
The Institute of Business Management (IoBM), also known as CBM, was established in 1995. The institute strives to become an international and domestic leader in education, research, and development. It also excels in the creation of new products and services that benefit society as a whole, which is why IoBM is one of the best business schools in Pakistan.
In terms of higher education, IoBM is an excellent institution. When it comes to academic research, IoBM is devoted to using cutting-edge technology to help students and professors better meet today’s ever-changing demands for quality education. Economic and societal impact is created through insightful and relevant research. The school teaches entrepreneurial skills by creating a safe haven for creative thinking, question-based education, and observational learning. These are all part of IoBM’s objective to help students develop their critical thinking skills. There is also a strong emphasis on leadership development as a means of preparing for the economic challenges that will arise as local and global concepts continue to shift.
Students at IoBM have the opportunity to realize their full potential in a supportive environment. Having an ultramodern facility and various youth groups that organize multiple events, students are prepared to adapt to any situation that is thrown at them. Furthermore, a wide range of degree choices is available to students. Whether they want to work for a bank, education, entrepreneurship, or something else entirely, IoBM has a lot to offer for those who are interested.
3. University of Management and Technology—Dr. Hasan Murad School of Management
The University of Management and Technology’s (UMT) Hasan Murad School of Management (HSM) was founded in 1990. It has since then grown into one of the country’s most prestigious colleges and universities. The university’s long-term success can be attributed to the rigorous expectations of education and research it has maintained over the years. UMT-HSM is also known to be among the top institutions in Pakistan for business.
When it comes to HSM, both the inside and outside the school environment is extremely essential for the dissemination of knowledge. Their goal is to create learning environments where students are exposed to a wide range of perspectives and experiences. With the help of the industry, they converted old concepts into roles so that their students could be multi-talented leaders. The primary objective of HSM is for their students to think outside the box, challenge preconceptions, and bring value to their professions.
Furthermore, the UMT school offers detailed, globally attentive, and application-based business administration programs. There are programs that are aimed at training the next generation of professionals so that they can make a significant change in their workplaces. They are prepared for managerial roles in the area of marketing, sales, administration, human resources, supply network management, data management, and accounting by one of the best business faculties in the country.
4. University of Punjab—Faculty of Economics and Management Science
In 1882, the Punjabi University was officially established in Lahore. In terms of size and age, it is Pakistan’s largest and most venerable university. It was the first to be established in an area with a majority of the Muslim population.
When it comes to education, the university has played a vital role. It is the goal of the university to create an environment that is beneficial to learning. The university has remained a popular choice for students because of its extremely competent and modern faculty, comfortable space, and low tuition fees.
Their goal is to cultivate technological, cultural, economic, and legislative leadership in ways that foster global unity by providing high-quality education that is relatively similar in other countries. They strive to develop the students of this top business school in Pakistan into well-rounded individuals who are compassionate, open-minded, and well-versed in a wide range of disciplines that will help them develop their leadership potential in a variety of fields.
Discover More: 7 Cheap Medical Schools in Pakistan
5. Institute of Business Administration
The Institute of Business Administration (IBA) was founded in 1955. Since then, they have aspired to be one of Pakistan’s finest educational institutions. They specifically intended to contribute an education setting that stimulates reasoning skills, moral behavior, and logical decision-making
6. Lahore School of Economics – Business Administration
Lahore School of Economics is one of the top-most schools that offer business programs in Pakistan. It can be one of the best options for international students looking for business program admissions in Pakistan. The Lahore School of Economics is an independent research university that was founded in 1993 and has continued to serve since then. It is ranked amongst the top 10 business schools in Pakistan.
It offers an MBA program to candidates who have a minimum of 2.5 CGPA. There are different options of MBA available to students who have their graduate degree in Business. These include MBA 1½ and 2-year MBA programs. In addition to the taught program, there is a 6-8 week internship/work experience, which is monitored by the school’s placement office.
The business programs are focused on evolving and modernistic approaches, which help the students get the best out of their time. They will also be able to master general management skills and awareness of different conditions and help hone the best quantitative decision tools.
Specialized faculty and research centers add to the value of the program. Though MBA is the school’s main program, the BBA program has also been launched.
7. Institute of Business Administration Sukkur – Business Management
Institute of Business Administration Sukkur was founded in 1994 with the help of IBA Karachi. IBA Karachi is the leading institute for business programs in Pakistan and has helped IBA Sukkur become one of the best. The progress is evident from the Higher Education Commission’s list of the top 10 institutes for business programs. IBA Sukkur has made its place among the top 10.
The fee of the programs offered is in an affordable range as students have to pay PKR 83,000 to 100,000 per semester. Highly qualified staff and rigorous academic standards make it an attraction for students. According to the official page, the aim of the program is to enhance the intellectual and professional competencies of the students.
The graduates of this school are able to have the critical skills required for business management, ethical consciousness, and global awareness.
Students can go for BBA (Marketing, HRM, Finance), BBA (Agri-business), and BSA (Accounting and Finance). Thus, they can choose any program according to their tendency. The admission procedure is simple, and the fee structure is also in an affordable range.
8. Institute of Management Sciences Peshawar
Institute of Management Sciences Peshawar is amongst the premier business schools in Pakistan. Located in the frontier city of Peshawar, the Institute of Management Sciences Peshawar has much to offer. According to the list of business schools issued by HEC, it is the fifth leading name. It was founded in 1995 and has continued to serve the region since then. It has graduated the finest business students who have continued to serve in Pakistan and across the globe.
In addition to business programs, IMSciences offers degree programs in other fields as well. Currently, BBA and MBA programs are available to interested candidates. It is affordable for international students who want to pursue a business degree in Pakistan. The programs are available for a semester fee of PKR 155,700 range. Thus, it will be easy for international students to complete their degrees here.
According to the official website, the aim of their BBA and MBA programs is to prepare candidates for both local and international markets. They will be able to acquire both hard and soft skills to excel in their career. The requirement for admission to an MBA program is a minimum 2.5 CGPA out of 4.
9. NUST Islamabad – Department Of International Business & Marketing
NUST is a leading university in Pakistan and is located in the capital city of Islamabad. NUST Business School was established in 1999 and has given 3,800 graduates so far. Currently, 1,277 students are enrolled here, while the faculty is 62 members strong. It was established in order to meet the growing demand for corporate managers and entrepreneurs. It was initially named NUST Institute of Management Sciences but was later renamed NBS.
It offers both BBA and MBA programs to interested candidates. NUST Business School ensures that the students acquire the best possible skills for professional life. It can be one of the best options for international students because of its location. Islamabad has a metropolitan environment, and this can best fit students who don’t want to go to any other business school.
The availability of both BBA and MBA programs helps the students continue their studies in one of the best business schools in Pakistan. Finance & Investment, Management & HR, and International Business & Marketing are the basic options available to students. They can also avail the best research facilities to get efficient results.
10. Superior University Lahore – Faculty of Business and Management Sciences
Superior University is among the best choices that students can avail in Pakistan. It was founded in 2000 and has made considerable progress. According to Higher Education Commission rankings, it is the 8th in the list of top institutions for Business. Furthermore, it has partnered with leading global names like the University of Cumbria, Concordia University in Wisconsin, etc.
Their business programs are known for academic rigor, intellectual challenge, and a worthy track record. Their MBA program covers all necessary areas to ensure that the students are able to cope with the problems in the field. The BBA program offered by Superior University is a four-year program that covers all the basic skills required to compete in the market. The total credit hours required for this program are 130, which are covered in 8 semesters.
It can also be a good option for international students who aspire to study in a business school in Pakistan. The affordability of fees and other features make Superior University a reliable option for both undergraduate and postgraduate programs. Admission is offered in both spring and fall programs, so interested candidates can apply at their convenience. The various campuses give the candidates the choice to pursue their degree in any of the campuses., which has led to conducting authentic research that improves teaching that benefits organizations, the government, and society. For these reasons, IBA is considered one of the best business schools in Pakistan.
Depending on the students’ choice of a degree program, they will start to tailor their course and focus on the functional departments they are most willing to take part in. Management, marketing, budgeting, finance, accounting, and even human resources are all possible career paths for IBA graduates.
To conclude, Pakistan is home to some of Asia’s best and most affordable business schools. MBA degrees require approximately two years of study when pursued independently. There are many scholarship opportunities in Pakistan, so check out our curated list of the 15 Best Scholarships for Pakistani Students before applying to your chosen university. The job market for business in Pakistan is pretty competitive, and most employers emphasize the importance of your skills and talents over your degree, so make sure you hone your skills while pursuing your degree to meet the requirement of the ever-evolving job market in Pakistan.
We hope that this article on the best business schools in Pakistan was helpful. Make sure to also check out the Available Business Programs for International Students!
