IBA Karachi organized Game Fest 2023 

Karachi, January 31, 2023 (PPI-OT):School of Mathematics and Computer Science (SMCS), Institute of Business Administration (IBA), Karachi in collaboration with Mind Storm Studios, Raptr Games and IGN Pakistan, hosted the two-day ‘IBA Game Fest 2023’, at the IBA Main Campus.

The Game Fest was a resounding success, 90+ students created 22 games without using code, digital art or technology, literally ‘out of thin air’. With the theme ‘Out of Thin Air’, the event was part of IBA and Mind Storm Studios’ mission to emphasize hands-on learning experiences, real time feedback and mentorship from industry leaders. The winning games were ‘Karachi Tails’, ‘Fools Gambit’ and ‘Space Survival’, all three winning ideas were created by teams from Cedar College, Karachi.

With a focus on understanding the game building process and creating games, the event gathered talented students from across Karachi, studying in O levels, a levels, Matric or F.Sc, who worked in teams to deliver 22 games.

The event aimed to provide students an exposure to design thinking principles, shipping and demonstrating products in less than 36 hours, incorporating real time feedback, and connecting with industry role models and mentors. The event produced an array of diverse games, ranging from educational games that utilised the periodic table to narrative-based fantasy strategy games. Head of Marketing and Communications, Ms. Ayesha Javed delivered the opening remarks.

Dean SMCS, Dr. Shakeel Khoja welcomed students and said that it was heartening to see the young students from various reputable schools. He said, “After the success of previous game fests, we decided to engage school and college level students as their ideas are bound to be unique and innovative”. He urged the students to make the most of this opportunity and learn the essentials of game designing from the gurus of the game development industry.

Founder and CEO, Katalyst Labs, Ms. Jehan Ara, commended IBA and the event partners for organizing the platform. She encouraged the young gamers to utilize this platform and explore creative boundaries which will help improve their critical thinking and problem-solving skills.

Highlighting the IBA experience, Chairperson, Department of Computer Science, SMCS, Dr. Shahid Hussain shed light on IBA’s Computer Science and Mathematics programs which are some of the best programs offered in the country. Director Mind Storm Labs, Mr. Yaser Awan, emphasized the ability to combine curiosity, creativity and inspiration to deliver game playing experiences that engage players without using technology.

The Game Fest commenced with a quest combining Haikus riddles, student and campus engagement. Titled ‘!Quest’ the activity was designed by IBA students to welcome the participants and to create an opportunity for them to experience the culture and campus of the institution. Participants arrived at the Alumni Students’ Centre to compete in the ‘Out of Thin Air’ game-building competition, introducing them to IBA’s learning environment, conducive for fostering practices of academic and professional growth.

Industry mentors and jury assessed participating teams in two rounds. The final round Jury included Jehan Ara, Habibullah Khan, Imran Azhar, Imran Khan, Irfan Kheiri, Ayesha Javed, Hassan bin Rizwan, Bilal Hameed, Zain Merchant, Sameer Ahmed Khan, Iqbal Ali Khan and Adnan Rizvi. The jury assessed ideas on creativity, design, playability and fun.

The Game Fest culminated with the crowning of three winning teams, Terminators, secured the first place with their game ‘Karachi Tails’, a board game that challenged players to become the city’s next mayor. Team Graphite’s ‘Fools Gambit’ was adjudged second, offering a creative twist on chess. Third place went to Terrific Trio’s ‘Space Survival’, a post-apocalyptic survival game that tasked players with reaching Earth 2.0. Mr. Awan delivered the concluding remarks and formally closed the event.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

Successfully defended her PhD thesis at SMCS IBA 

Karachi, January 14, 2023 (PPI-OT):Nida Saddaf Khan, PhD Scholar of Computer Science, successfully defended her PhD thesis titled ‘Face Your Fear: Human Activity Recognition for Anxiety and Obsessive-Compulsive Disorders’. The thesis was supervised by Dr. Sayeed Ghani, Professor, Department of Computer Science, and SMCS. Dr. Jawwad Shamsi from National University of Computer and Emerging Sciences (NUCES), and Dr. Junaid Qadir from Information Technology University of Punjab; were the External Examiners.

PhD scholars and the Faculty of Computer Science attended the session, including Dean SMCS, Dr. Shakeel Khoja, and Chairperson Dr. Shahid Hussain. We congratulate Dr. Nida Saddaf Khan on accomplishing this remarkable feat and wish her success in her future endeavours.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

Coventry University and the Institute of Business Administration, Pakistan seek to enhance postgraduate learning 

Karachi, January 13, 2023 (PPI-OT):Coventry University and the Institute of Business Administration (IBA) Karachi, a public university in Pakistan, have made steps towards developing new teaching programmes at both institutions. The two institutions have signed a Memorandum of Understanding outlining aims to use their international knowledge and expertise to create a unique learning journey for master’s students and Postgraduate Researchers (PGRs) in engineering.

Led by Professor Richard Dashwood, Deputy Vice-Chancellor for Research and Professor Elena Gaura, Institute Director of Data Science and Emerging Technologies, the initiative will seek to embed overseas placement opportunities through visiting PGR programmes and the opportunity for dual awards.

A key part of IBA’s mission is to ‘undertake original research that enriches teaching which benefits business, government and civil society’. This aligns closely to Coventry University’s 2030 Research Strategy and its mission of Creating Better Futures, empowering students and communities to transform their lives and society through teaching, learning, research and enterprise.

Professor Richard Dashwood said: “We are proud to establish this agreement with the Institute of Business Administration Karachi, which we hope will create a mutually valuable collaboration, including for those who choose to study with us.

“The university is delighted to form a relationship with a globally recognised institution, where we plan to use our combined expertise to shape new knowledge exchange and research initiatives.

“We truly value the benefit of an international academic experience and look forward to how this can enhance our teaching and learning offering going forward.”

Coventry University has hubs in Africa, Europe, China, the Middle East and Singapore and seeks to create strong regional collaborations and extend its education, research and enterprise and innovation services into key markets across the globe. Find out more about our global presence.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

IBA student secured scholarship to pursue PhD in Systems Engineering at George Mason University 

Karachi, January 09, 2023 (PPI-OT):IBA student, Syed Muhammad Waqas (MS Computer Science), has successfully secured a placement in the PhD program in Systems Engineering at George Mason University, USA, on a full scholarship.

Mr. Waqas is currently completing his MS thesis at IBA and has worked diligently over the past few years to achieve this milestone.

We congratulate Syed Muhammad Waqas on this remarkable achievement and wish him tremendous success in his future endeavours.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

Faculty Achievement 

Karachi, January 09, 2023 (PPI-OT):IBA faculty authored a paper analysing Investor’s Intrinsic Motives and the Valence of Word-of-Mouth in Sequential Decision-Making

Dr. Fawad Ahmad, Assistant Professor, Department of Finance, School of Business Studies (SBS), authored a research paper titled ‘Investor’s Intrinsic Motives and the Valence of Word-of-Mouth in Sequential Decision-Making: Modelling of Triple Serial Mediation’, published in the Journal of Behavioural Finance.

Abstract

Word-of-Mouth (WoM) is a socially embedded process, and investors engage in social considerations to achieve self-motives. Investors attempt to share negative WoM (NWoM) to emotionally connect (self-affirm) to strengthen existing social ties following prior losses.

In contrast, investors attempt to share positive WoM (PWoM) to self-enhance to attract others into developing new social ties. Thereby, this study aims to predict the impact of prior losses or gains on investors’ later decisions by engaging in the valence of WoM to achieve different underlying self-motives and social-motives.

This study used experimental data and employed PROCESS tool model 6 to check the validity of the proposed triple serial mediation model. Findings support the viability of the triple mediation model that investors seek to achieve different underlying self-motives and social-motives manifested in PWoM or NWoM, following prior gains or losses.

Investors seek to self-affirm by strengthening components of social-motives through engaging in NWoM, following prior losses. While investors seek to self-enhance to develop components of social-motives through sharing PWoM, following prior gains. Findings provide significant implications for researchers, managers, financial advisors, and analysts.

Researchers, managers, and analysts can incorporate investors’ intrinsic factors in traditional economic models to better predict investors’ economic behaviour. Financial advisors need to understand self-motives and social-motives that change clients’ risk attitude and frame investment advice to achieve particular clients’ self-motives and social-motives.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk

IBA Karachi awarded 2067 degrees in Convocation 2021 and 2022

Karachi, December 05, 2022 (PPI-OT):The Institute of Business Administration (IBA), Karachi held its biggest convocation for the Class of 2021 and 2022 at the Main Campus to award degrees to 2067 graduates. The graduating batch included 988 graduates from the Class of 2021 and 1079 graduates from the Class of 2022; and 1496 undergraduate students from six programs, 564 postgraduate students from nine programs and seven PhD scholars from three programs.

Minister for Universities and Boards Department, Environment, Climate Change and Coastal Development, Government of Sindh, Mr. Muhammad Ismail Rahoo; represented Chief Guest, Chief Minister of Sindh and Patron IBA, Syed Murad Ali Shah. President, Aga Khan University, Dr. Sulaiman Shahabuddin graced the ceremony as the Guest of Honour.

The Executive Director, IBA Karachi, Dr. S Akbar Zaidi congratulated the graduating students and said, “It makes me immensely happy to share that almost 40% of our graduates are young women and this number is steadily growing, which leads me to give a special mention to our first female PhD scholar in Mathematics, Dr. Nazish Kanwal. IBA is honoured to nurture such skilled individuals and we take pride in empowering our women in every field.”

Highlighting IBA’s transformation from a business school to a multi-disciplinary institution, Dr. Zaidi added that “We are more than just a business school, we have expanded our disciplines and sent out graduates who have mastered diverse disciplines and today I extend my heartiest congratulations to the first cohort of MS Data Science and MS Management for excelling in their academic journeys and I expect the same excellence from them in their career trajectory.”

Dr. Zaidi added that IBA has established three autonomous schools with independent Deans. He said that it was a matter of pride that IBA being a public sector university is usually considered a private sector university as its educational standards are at par with private institutions. Dr. Shahabuddin expressed his pleasure at being back at his alma mater. He credited IBA for the discipline and skills instilled in ensuring his professional success.

Speaking about global warming and the role of youth, he stated, “It is your generation around the world that we see addressing global warming with the energy, creativity, and urgency it demands. We see young people building movements that are changing minds, spearheading sustainability initiatives and acting in their daily lives to reduce their impact on the environment.

We see them reminding their elders, climate change is real, and it is already reshaping our world.” He urged the graduates to maintain their spirit and to thoughtfully address the many challenges we face in current times.

Mr. Rahoo stated that he was honoured to celebrate the graduation day of the country’s future leaders. He commended IBA for being a leading institute of excellence and said, “There is a long list of notable IBA alumni who are transforming the world with their progressive leadership; around 120+ of them are CEOs, serving in leading roles around the globe.”

He also appreciated IBA’s mandate of ensuring diversity and inclusivity by taking students from all socioeconomic backgrounds with the help of IBA’s Financial Aid Programs. Currently 35% of the IBA students receive some form of financial aid. He urged the graduates to achieve remarkable goals in life and to make the institution proud.

The convocation ceremony featured the position holders in various degree programs who were awarded cash prizes, medals, shields and certificates of merit. Alumni Mahnoor Shahzad (Olympian and badminton player) and Rabia Shahzad (weightlifter) were awarded with ‘Excellence in Sports’ awards respectively.

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk