Warren Buffet once said, “If you’re interested in business, or likely to be in business, an MBA is very useful.” Today, the MBA degree remains one of the most popular postgraduate degrees in the world, and Pakistan is no different.
MBA graduates from leading universities hold a huge advantage over job applicants who do not possess a postgraduate degree in management. However, what truly sets applicants apart is the place from where they have earned their MBA.
To this end, an MBA from Lahore University of Management Sciences (LUMS) Suleman Dawood School of Business (SDSB) remains the Holy Grail of MBAs.
Here are five reasons why the LUMS MBA programme remains the country’s best:
Career Advancement
The leading reason for an MBA is expected employment benefits. 99% of LUMS graduates get jobs either before or within six months of graduation.
According to placement figures from 2016’s batch of MBA graduates, the average salary for a LUMS MBA graduate has risen to nearly PKR 140,000 in 2017.
Credibility
LUMS is the only Pakistani university to have been listed in Quacquarelli Symonds’ (QS) ranking of the world’s top business schools in 2017. LUMS is ranked as the number 1 University in Pakistan, among top 50 in Asia and among the top 250 universities in the world, according to a new ranking of the QS Graduate Employability Rankings 2018.
The LUMS MBA programme was awarded full accreditation by National Business Education Accreditation Council (NBEAC), placing the School in the highest quality category of ‘W’.
Added to this is the weight of LUMS reputation: simply stating that one is a LUMS MBA graduate adds value!
Networking
Three quarter of the faculty in LUMS SDSB hold doctorates from the world’s top institutions, including Harvard, Stanford, Cambridge, Yale, and Berkeley, to name just a few. SDSB also has solid links with over 15 of the world’s best universities, including the Gordon institute of Business, South Africa, Hass School of Business, and the University of California and Berkeley.
With a constant influx of industry experts as guest speakers, LUMS SDSB MBA programme also offers regular opportunities to interact with leading businessmen, entrepreneurs, industrialists, and professionals.
And with over 2,000+ MBA programme LUMS alumni placed in prominent positions across the country and the globe, the LUMINITE MBA network is second to none!
Experiential Learning and Case-based methodology
Proven to get results, Experiential Learning is hands-on learning through active reflection and action, as opposed to just academic study.
The new experiential learning model at LUMS SDSB is based on practical applications within an entrepreneurial environment. This is divided into three main exercises: Industry Analysis Exercise (IAE), MyStartup, and the MBA Consultancy project (MCP).
Case-based methodology – or the Case Method – is a way of teaching that places students within real-life scenarios, based on selected cases, and asks them to discover solutions to real-life challenges by placing them in decision-making roles.
LUMS SDSB is the pioneer of the Case Method in Pakistan. During the two-year LUMS MBA programme, students read about 850 case studies. SDSB cases have also been approved by Harvard Business School Publishing (HBSP) for distribution on its online catalog as a content partner.
Scholarships
Last, but certainly not least, is financial support and scholarships, LUMS offers prospective students a range of options for financial assistance.
The University offers a 50% tuition fee waiver for students with 700+ on their GMAT score (or GRE equivalent). Other deserving students can get a 50% tuition fee waiver based on merit. LUMS also offers merit scholarships especially for women.
Meanwhile, company and class-based scholarships are also available. Finally, prospective students can also apply for the Asian Development Bank-Japan’s Scholarship Programme.
So what are you waiting for! Take a step towards becoming a leader in the global business environment by applying to the LUMS MBA Programme by April 12, 2018.
I think one can be successful without an MBA also. http://Www.linkedin.com/in/khizer
I Bilal, Mba frm one of reputable university, having class IV govt job.
Allhamdullilah, Not jobless
I agree with Khizer inayat..
Elon Musk does not prefer hiring MBA’s. MBA holders don’t know their elbows from their knees, i.e. they are not exposed to practical issues in local SME businesses and more inclined to be bookish. They can only fit in MNEs which don’t mind overpaying just to show how many MBAs Masters and PhDs they have on their employee list.
Ok so this is not about doing an MBA but an advertisement for LUMS!
Both LUMS and IBA were established by USAID and therefore they continue to be leaders. Shameful. We don’t any standard. Look around you and you will find so many people who are not from these foreign funded foreign established institutions but they are still very successful.
hahah nice tick of an advertisement…..
this post suggests IBA is selling fake degrees ;-)
No doubt LUMS is doing good job, it does not mean just they are others are also contributing in the society. It is just advertisement of the LUMS only…….
new method of advertisement
In my opinion; KSBL is the best university in Pakistan to do MBA. It’s faculty is significantly better than LUMS.
Why Graduates of LUMS are focusing on getting a job.Jo itna costly MBA kar sakta hai wo MBA karke apna business nahi kar sakta?