IoBM’s First Female Volleyball Team Participates in the HEC Kamyab Jawan Sports Gala 2021

Karachi, December 09, 2021 (PPI-OT):IoBM’s first female volleyball team participated at the HEC Kamyab Jawan Sports Gala 2021 in Islamabad on December 7, 2021. IoBM played against Abdul Wali Khan University Mardan but lost by 2-0. The Scores were 25-22 and 25-18 points. IoBM is proud of its female volleyball team for giving a good performance. We look forward to our team displaying the same sportsmanship in future tournaments.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

IoBM wins EFP Breakthrough Challenge 2021 

Karachi, December 06, 2021 (PPI-OT):Students of IoBM’s BS – Logistics and Supply Chain Management have won the EFP Breakthrough Challenge 2021. It was organized by the Employers Federation of Pakistan (EFP). The students representing IoBM were Urooj Navid, Momina Abbas, Muhammad Kazim, and Asheeque Ali.

Other participating business schools were IBA, SZABIST, and Bahria University. IoBM defeated IBA by a margin of 0.8. IoBM’s faculty members who provided guidance and insights to the team were Mr. Fazal Anwer Khalidi, Ms. Juveria Baig, Mr. Afaq Ahmed Kazi, Mr. Junaid, Mr. Sardar Muhammad Nawaz.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Three IoBM students were selected for the Global UGRAD Pakistan program

Karachi, December 02, 2021 (PPI-OT):Three IoBM students were selected for the Fall 2021 cohort as Cultural Ambassadors of Pakistan. They were seventh semester students: Muskan (BBA Honors), Komal Fatima (BS Accounting and Finance), and Fiza Abdul Hameed (BBA Honors). Global UGRAD Pakistan program is a one-semester, fully-funded non-degree academic program. It enables emerging young leaders from diverse communities across Pakistan to spend one semester in the United States. Out of 18,000 candidates, 140 outstanding students were selected for the Fall 2021 cohort as cultural ambassadors of Pakistan.

This program mainly aims to build good relations between American and Pakistani people. As cultural ambassadors of Pakistan in the US, IoBM’s students were able to represent the real image of Pakistan and break the stereotypes that American people have about Pakistani people. They also got a chance to travel and explore different states of the US and work with the American people on various community projects. This helped them strengthen their leadership and professional skills.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

SMART GRID: The Future of Electricity Networks 

Karachi, December 02, 2021 (PPI-OT):The Department of Electrical Engineering at the College of Engineering and Sciences-IoBM organized a Continuing Professional Development (CPD) seminar from 12:00 to 14:00 on Monday, November 29, 2021, at the EMEC Conference Room. Dr. Zeeshan Shahid was invited to Speak on the “Smart Grid: the Future of Electricity Networks.” The program was attended by the Engineering Department Faculty, Engineers, and students of the Electrical Engineering and CS department. Dr. Seema Ansari, Associate Dean College of Engineering and Sciences (CES) / Program Coordinator/ PEB/PEC/CPD along with the faculty of Electrical Engineering and CS Department attended the Seminar.

During his talk, Dr. Zeeshan Shahid focused on the Smart Grid and the future of Electricity networks. He concentrated his speech on the rapid advancements in new technologies and increased demand for cheap, sustainable, and efficient energy systems. He said that the concept of Smart Grid (SG) is being promoted all over the world. The Smart Grid transforms a traditional Electrical Grid into an efficient, sustainable, and intelligent power network using digital networks and automation. The future energy systems based on Smart Grid will include distributed generation using renewable sources, Power Electronics Converters, Energy Storage Facilities, Real-Time Monitoring and Controls, Electrical Vehicles and Automated Transportation, and Smart Homes.

The event provided useful insights and concepts to the students about the smart grid and its impact on society. The event ended with a vote of thanks by Dr. Seema Ansari. She thanked Dr. Zeeshan Shahid and all participants for attending the CPD Seminar. She said that it is a mandatory requirement of PEC. She added that rapid changes in the environment, different ways of working, technological advancement, social and economic developments, directly affect the environment we live in and work. She added that CPD supports professionals to enhance their professional competence and maximize their potential. The CPD program ensures people remain competent in their profession. She distributed Certificates to all registered and professional engineers and a shield to the Speaker.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

The Future of FinTech – An opinion article by IoBM’s CTO, Dr. Imran Batada 

Karachi, November 29, 2021 (PPI-OT):FinTech – the buzzword for financial technology – has made transactions easier. It is blurring the lines between service providers, allowing bankers and tech providers to provide almost similar services. Some investors have put a large sum of money into FinTech. This is to help provide better services to Millennial customers.

Around the world, digitalisation is happening in the value chain, and automation is rapidly being used to serve customers. The use of chatbots, virtual assistants, and machine learning, instead of a live agent, is helping solve customer issues.

Some companies in the financial sector tend to rent out a chunk of their facilities to other tech companies. This enables a distribution experience that includes relevant financial functions. Some companies offer insurance for their products – for example, Tesla car insurance or financing for home improvements, etc. The beauty of FinTech is that users won’t have to go for it; instead, it will come to them. Financial infrastructure is growing at a rapid pace. However, we still need to research to ensure that there are no vulnerabilities that can affect the prosperity of businesses or the overall distribution of services and products.

Read the full article here:

https://www.thenews.com.pk/print/912492-the-future-of-fintech

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

LSCM Department organized students’ industrial visit 

Karachi, November 23, 2021 (PPI-OT):The Logistics and Supply Chain Management (LCSM) Department, IoBM, arranged a field visit for SCM201 (Shipping Ocean Freights and Port Operations Transportations) and the Fall 2018 batch to the Pakistan International Container Terminal (PICT). It was held on Friday, November 19, 2021.

A detailed orientation about the scope of business and core operations was given to these students in coordination with core functional departments. Aspects such as practical knowledge, organizational performance, safety impact, business models among others were discussed. The PICT personnel also took the students on a tour of the terminal and the control room. These visits help develop the business acumen of Pakistan’s future talent and are aligned with IoBM’s concept of experiential learning.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/