KARACHI SCHOOL OF BUSINESS & LEADERSHIPRedefining Leadership

Annual CommencementCeremony 2015KSBL

The Karachi School of Business & Leadership (KSBL) celebrated its Second Commencement Ceremony for MBA Class of 2015 on Friday, October 09, 2015 at the campus. KSBL awarded the students a Masters Degree in Business Administration and conferred medals to the top three for their exceptional academic performances. Rakiz Farooq secured the first position and received The Hussain Dawood Gold Medal, Salik Nazimuddin Chaturbhai and Kashif Azam Bachani, secured the second position and received The Abdul Razzak Tabba Silver Medal while, Shahan Arshad stood third and received the KSBL Bronze Medal.During his key note address, Mr. Hussain Dawood, Chairman of the Board of Governors of KSBL & Board of Directors Karachi Education Initiative (KEI) said, “The University of life is the most challenging university of all. Today, the KSBL students have the capacity, the self-confidence, and the capability to be able to earn their way in the great university of life”

KSBL students won the first prize in the third annual business competition held by the Toyota Indus Motor Company between the three most prestigious business schools in Pakistan – KSBL, IBA and LUMS. The ‘Battle of Brains’ is a business strategy competition held each year by IMC that gives students a chance to identify real world business problems. The scope of the competition this year was the after-sales and services sector within automobile industry.The judges included senior management from the Toyota IMC including Senior General Manager HR and Administration Mr. Faisal Muneeb Khan, General Manager HR Mr. Tariq Hussain Khan, General Manager After Sales & Service Mr. Omar Saeed, Head of Customer First Mr. Ahmed Nadeem and Asghar Ali Bawani. The CEO, Mr. Pervez Ghias was also present at the competition finale.

“All Pakistan Business Plan Competition 2015” arranged by Virtual University, was held at its Lahore Campus in which 65 teams participated. The best ten business plans were selected to contest for top three cash prizes. KSBL participated in this competition with a business venture named “Energy Auditing Services” under the supervision of Mr. Yasir Arrfat, CEO of Energy Auditing Services and won the first prize all over Pakistan. KSBL students represent the entrepreneurial spirit of young leaders and how the student body can nurture their business ideas for the betterment of Pakistan especially in regards to the current energy crisis.

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In “All Pakistan Business Plan Competition”

KSBL stands First

Organized by Toyota Indus Motor Company

1st Position in Battle of Brains

Issue 1, Vol. 3 December 2015

Prof. Dr. Atta-Ur-Rahman 02Dr. Abdul Bari 02Mr. Ahmed Ali Zia 02Mr. Zeeshan M. Khan 02Mr. Hussain Dawood sharing his exceptionalentrepreneurial story 03Board of Directors KEI 03Board of Governors KSBL 03KSBL Donors & Sponsors 03Developing Executive Capabilities at KSBL 04Competency Enhacement Program (CEP) 04KSBL graduates in the Professional World 04Internship Placements - MBA Class 2016 04‘Best Intern Award’ to Roohi Jamal of MBA 2016 04K Electric and KSBL Signing Agreement 05OEP stretegic thinking for senior leadership 05Engro Fertilizers “Business Acumen Program” 05OEP leading high performance teams 05TEDxKarachi event for Entrepreneur Organisation 06Delegates of National Management Course visit KSBL 06KSBL partners with British Council 06First World Memon Organisation (WMO)Debate Championship at KSBL 06Seminar organised by Rotary club & Arif Habib groupat KSBL 06KSBL in Collaboration with CERP 06The Punjab Under Imperialism (Book) 07New Faculty Appointments at KSBL 07Dr. Rehan Malik delivers a paper at (IPPA) in Milan 07Dr. Imran attends Third International Workshop onReviewing Resources & Nation Building 07Panel discussion organized by ACCA-WWF PakistanEnvironmental Reporting Awards 08 KSBL SiMERGE 2015 & Ali Azmat live in concert 08Games & Karaoke Night 08

by Virtual University

Inside

LEADERSHIPTHEBULLETIN

shares insights from hisPersonal & Professional Journey Mr. Ahmed Ali Zia was invited to the KSBL Campus on Wednesday, November 4, 2015 to address the MBA students. He shared his experiences and lessons learnt from a quarter century of working in various industries and markets and provided valuable advice to students that could help carve their way forward in a technically driven and culturally diverse work environment. He also highlighted the importance of multiple skills, flexible attitudes and evolving personalities on the path to professional and personal success.

speaks aboutthe Fast pacedWorld of Digital Marketing

Prof Dr. Atta-ur-Rahman, F.R.S., N.I., H.I., S.I., T.I., visited KSBL on Friday, December 18, 2015, and talked about the importance of science, technology and innovation for Socio Economic Development. The session revolved around education and its significance in a global as well as Pakistani context. Dr Atta-ur-Rahman said, ‘Nations become strong through education. Today, 60% of Pakistan’s population is below 20 years of age which gives the country a massive demographic advantage. Those with potential, if provided an enabling environment within the country have the

ability to bring about tremendous innovation and change’. He also discussed the imperative role of social sciences in education that focuses on shaping a well-balanced productive society.Dr. Atta-ur-Rahman shared a highly informative presentation with updates on the latest breakthroughs in the fields of Science and Technology. His dynamic personality and exceptional services in Education truly inspired the students to think, create and expand upon their ideas, and motivated them to contribute towards the development of the Nation.

Pakistan’s Leading Scientist & Scholar Prof Dr. Atta-ur-Rahman

talks about ‘Science,Technology and Innovation

for Socio Economic Development’

In a highly engaging session with Mr. Zeeshan Muhammad Khan on Thursday, October 29, 2015, the final year students at KSBL gained valuable insights into the fast-paced world of Digital Marketing. Mr. Zeeshan talked about new age marketing channels and how digital marketing is rapidly taking over traditional marketing. He said, “Marketing today cannot be successful without the core knowledge and understanding of how technology is impacting and in fact taking over different aspects of consumer’s lives”.

02 Karachi School of Business & Leadership

HR Director Muller & Phipps

Mr. Ahmed Ali ZiaMr. Zeeshan M. KhanMedia Strategist and Marcom Planning Specialist at Mindshare Malaysia

In an inspiring session with our MBA cohorts on Wednesday, December 2, 2015, Dr. Abdul Bari Khan shared the inspiring story behind the creation of The Indus Hospital. The Indus Hospital is pioneering an exemplary model of free healthcare in Pakistan and Dr. Bari epitomizes the spirit of unconditional service to humanity regardless of any accolades or honors as validation. “Where I stand today would not have been possible without the prayers of my parents and more supremely Allah’s will.” According to Dr. Bari, FAITH is the foundation of success supported by pillars of consistency, virtue and selflessness.

shares the story behindIndus Hospital

Dr. Abdul Bari CEO Indus Hospital

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The second annual Harvard Pakistan Forum took place on March 28 and 29, 2015 at Harvard with approximately 250 people in attendance. The keynote speakers of the conference were Dr. Ishrat Hussain, Dr. Sania Nishtar, Mr. Hussain Dawood and Ms. Sultana Siddiqui. The panel discussions included a diverse range of topics with highly involved and breakout-style interactive sessions. The four main areas of discussion and debate were Policy Change, the Arts, Entrepreneurship and Afghanistan-Pakistan relations – all under the umbrella of Rediscovering Pakistan as a modern nation.

The conference was attended by members of the Pakistani community as well as students interested in South Asia at Harvard, Boston, and from all over the East Coast and other parts of the country. It turned out to be an immense learning experience that furthered the goal of keeping the international narrative involving Pakistan headed in a positive and constructive direction.

KSBL would like to express its deep gratitude to its Donors for continuous financial support towards the vision of providing quality higher education to the talented youth of Pakistan.KSBL is geared to produce leaders who are committed to build a brighter future for themselves and the country. The recent contributions from the Dawood Foundation, Lucky Cement, Allied Bank, Toyota Indus Motors Company, Naveena Exports, and

Mr. Hussain DawoodChairman KEI/KSBL/Dawood Hercules Corp.Mr. Mueen AfzalEx Secretary General, Government of PakistanMr. Atif BajwaPresident and CEO Bank AlfalahMs. Sabrina DawoodCEO, Dawood FoundationMr. Arif HabibCEO, Arif Habib Corporation LimitedMr. Zia IjazSEVP/Group Executive Retail Bank, United Bank LimitedMr. Hasan Irfan KhanDirector, Asifa & Irfan FoundationMr. Muneer KamalCEO/Chairman, KEI/National Bank of PakistanMr. Muhammad Naeem MukhtarChairman, Allied Bank LimitedProf. Atta-ur-RahmanPresident, Pakistan Academy of SciencesMr. Munawar Alam SiddiquiDirector, JS Investments LimitedMr. Muhammad Ali TabbaCEO, Lucky Cement LimitedMr. Syed Shabbar ZaidiSenior Partner, A.F. Ferguson & Co. Chartered Accountants

Mr. Hussain DawoodChairman KEI/KSBL/Dawood Hercules Corp.Justice Aqeel Ahmed AbbasiAdvocate, High Court of SindhProf. Dr. M. Afzal HaqueVice Chancellor, NED UniversityMr. Muneer KamalCEO/Chairman, KEI/National Bank of PakistanMr. Hasan Irfan KhanDirector, Asifa & Irfan FoundationDr. Fazlullah PechuhoSecretary Education and Literacy Department, Government of SindhProf. Dr. Atta-ur-RahmanPresident, Pakistan Academy of SciencesDr. Abuzar WajidiMeritorious Professor, University of KarachiMr. Syed Shabbar ZaidiSenior Partner, A.F. Ferguson & Co. Chartered AccountantsDr. Imran AliRector & Dean, Karachi School of Business & Leadership (KSBL)

Ihsan Trust will go a long way in facilitating our next generation, while giving the Institute a flexibility to meet the pressing needs of quality learning technologies and mechanisms.We truly appreciate our Donor’s commitment towards furthering the cause of education and are extremely grateful for their generosity, and look forward to their continued support.

sharing his Exceptional Entrepreneurial Story at Harvard Pakistan Forum

Mr. Hussain Dawood

Board of Directors

Karachi Education Initiative (KEI) Karachi School of Business & Leadership (KSBL)

Board of Governors

KSBL Donors & Sponsorscommitted towards furthering the cause of Quality Education

The Competency Enhancement Program (CEP) focuses on developing communication skills, building confidence and tapping creativity through various interactive channels. Module 1 was rolled out on Saturday, December 12, 2015 with enthusiastic participation of the MBA cohorts. From inner reflections to role plays and from group case studies to outdoor assignments, it was a stimulating and engaging experience for all participants.

We are extremely pleased to announce that KSBL’s second placement cycle 2014-15 has been highly successful. Our graduates have been offered jobs in reputed companies such as Unilver Pakistan, ICI Pakistan, Nippon Paints, Dabur Pakisan, Nestle Pakistan, Philip Morris International, Standard Chartered Bank, United Bank Limited, Meezan Bank, Abu Dawood Trading Corporation, E2E Supply Chain Management, DHL Global Forwarding, TCS, Daraz.pk, HUBCO and UNDP. The average salary is Rs. 6.6 lakhs per annum, with the highest package offered being Rs. 24 lakhs per annum. Approximately 20% of our graduates are pursuing entrepreneurial ventures. These statistics are a testament to the skills of the students that have been enhanced by the quality of curriculum, mentoring by faculty & professionals and the grooming standards we strive to achieve. We would like to congratulate all the graduating students and would like to wish them all the best in all their future endeavors!

In Partnership with Carnelianthe Competency Enhancement Program (CEP)

KSBL graduates in the

MBA Class 2015

04 Karachi School of Business & Leadership

In line with KSBL’s mission of preparing students for their professional careers, the Developing Executive Capabilities (DEC) module encompasses a myriad number of essential skills focusing on role based training that will help students seize the best opportunities for employment. The DEC Module was formally launched in September, 2014, and since then several experts from the industry have been invited for sessions with the students. To name a few,Ms. Fathema Zuberi, ICI’s Head of HRMr. Muhammad Ali, Senior Consultant at CarnelianFauzia Kerai Khan & Mariyah Arif, Consultants from Prime HRVice Admiral (Retd.) Shafqat Jawad HI (M),Chairman Karachi Port Trust (KPT)

Mr. Shakeel Pal, Executive Director HR Integrated

DevelopingExecutive Capabilities

Farrukh Rasheed, Head of HR at HUBCO

to Roohi Jamal of MBA 2016In a gathering at Ufone’s Regional Head Office in Karachi, Roohi Jamal from the MBA Class of 2016 was awarded the ‘Best Intern’ for Ufone’s Summer Internship Program (SIP) 2015, South Region. In a highly structured and project-driven internship program, interns were evaluated on technical, interpersonal and presentation skills and this KSBLite came out a winner!

In this year’s summer placements season, nearly all of the MBA students were placed in top corporates well represented by Chemical, Petroleum, Banking, Logistics & FMCG sectors.

Internship-PlacementsMBA Class 2016

Asad Abdul Muhammad, our gold medalist from the first MBA batch at KSBL, hired as Consultant at McKinsey at the newly launched Karachi office.

Best Intern Award

Professional World

KSBL Alumnus hired by

K-Electric (KE) and the Karachi School of Business & Leadership (KSBL) entered into a contract to design and deliver two levels of the customized Business Catalyst Program (BCP). This KE initiative aims to enhance its business by strengthening human capital in its management cadre. From February to May 2016, 600 K-Electric Managers will go through the program.The signing ceremony was attended by Mahvash Murad, General Manager, Learning and Organizational Development, Tariq Ali Panjwani, Deputy General Manager and HR Business Lead, and Aliya Asad, Assistant Manager, Learning and OD from KE. Dr. Imran

Ali, Dean KSBL, Mr. Muneer Kamal, CEO, Karachi Education Initiative, KSBL faculty, and KSBL Executive Education team were also present at the occasion.

KSBL Executive Education conducted a two-day program on Leading High Performance Teams for Growth and Change, facilitated by Dr. Muhammad Athar Siddiqui – Assistant Professor, Organizational Behavior and HR Management.This two day interactive program focused on the frameworks in dealing with teams and the intricacies that involve team work in the

context of individual roles, responsibilities and interdependencies. The faculty leveraged their experience in human resource and organizational behavior to introduce the participants to the dynamics of teamwork and leadership.

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K-Electric

Executive Education

600 Managers to undergo training at KSBL

The middle and senior management of Engro Fertilizer Limited devoted four consecutive days for attending training on catalyzing business focus organised by KSBL’s Executive Education Services. “Business Acumen Program” conducted in January 2015 was developed and designed for the participants to learn and discover solutions and intensify achievement orientation.The four day program trained EFert’s management team by covering a number of areas including competitive landscape and industry drivers, world scenarios and business opportunities, analyzing and interpreting financial statements and valuing real investments.Jointly facilitated by renowned professors of KSBL, Dr. Rehan Malik and Dr. Zeeshan Ahmed, Business Acumen Program aimed to build strategic insights into EFert’s business as well as identify and filter new business opportunities.

KSBL Executive Education conducted a three-day program on Strategic Thinking for Senior Leadership. Dr. Rehan Malik (Associate Dean, Industry Linkages), Dr. Zeeshan Ahmed (Associate Professor of Finance) and Shariq Ather Rahman (Teaching Fellow) jointly facilitated this program.The program explored frameworks in dealing with uncertainty in strategic thinking at C-Suite level and was attended by professionals from several industries including oil and gas exploration, automobiles, and airline logistics. The faculty leveraged their global experience in strategy consulting, public policy, and financial management to introduce the participants to uncertainty and planning for possible futures.

“Strategic Thinking for Senior Leadership”

“Leading High Performance Teams”

Engro Fertilizers“Business Acumen Program”

Open Enrollment Program

TEDxKarachi hosted their recent TED event for the Entrepreneur Organisation (EO) at the KSBL Campus. The programme themed ‘Failing Forward’ was attended by a large number of EO members. The speakers from various areas of work including Shahid Afridi, Frieha Altaf, Huma & Amir Adnan, Mobeen Ansari, Ifrah Faiz, Aateeqa Lateef, and Sara Haider, enthralled the audience with their rich experiences in life towards achieving their goals

KSBL hosted the 5th British Council Career Counsellors’ Symposium on May 21, 2015. The Speakers included CEO, Aspire Consulting, Azra Raza, Fahd Ali Asif, Senior International Officer, International Operations – University of Dundee, Saad Wasim, University of London International Progamme, Muhammad Touseef-ur-Rahman, British Council, and Rahila Narejo, HR Development Consultant. Robin Davies, Area Director Sindh & Balochistan, British Council, appreciated KSBL’s efforts in disseminating quality education at par with global standards. This one day event provided a great opportunity to the participants for professional development.

KSBL partners with British Councilfor ‘5th British Council Career Counsellors Symposium’

KSBL hosted a discussion forum for the National Management College (NMC) on Wednesday, March 18, 2015. This visit was a part of their inland study tours of the federal, provincial, civil and public establishments engaged in public policy formulation and implementation. The event was organised to facilitate dialogues between the Senior Civil Officers under training and Industry Experts to gain better understanding of the role of private sector in socio-economic development of Pakistan.

for Entrepreneur Organisation held at KSBL TEDxKarachi Event

A Seminar on ‘Risks and Rewards of Investing through Capital Markets’ was organized by Rotary Club of Karachi Karsaz & Arif Habib Group on Wednesday, December 02, 2015 at KSBL. Prominent speakers of this seminar included Mr. Muneer Kamal, Chairman, NBP & KSE, Mr. Nasim Beg, CEO Arif Habib Consultancy & Vice Chairman MCB-Arif Habib Savings & Investments Ltd. and Dr Imran Ali, Rector & Dean, KSBL. Mr. Anis H. Younus, MD, EMBA Corporation Pvt Ltd & PP Rotary Club of Karachi Karsaz, apprised the participants about the objective of the Seminar. Mr. Iqbal Raza Kazi, President of the Rotary Club of Karachi Karsaz, presented his welcome address and gave a brief review of Rotary work. The seminar revolved around the positive facts about what Pakistan can offer investors from the local market as well as those living abroad. A total of 80 Rotarians, Capital Market professionals, Bankers, and a few students attended the program and appreciated the knowledge gained throughout the event.

06 Karachi School of Business & Leadership

KSBL hosts Seminar on ‘Risks and Rewards of Investing through Capital Markets’, organized by Rotary Club of Karachi Karsaz & Arif Habib Group

KSBL hosts the First World Memon Organisation (WMO) Debate Championship

Delegates of National ManagementCourse 2015 visit KSBL

KSBL in Collaboration with the Centre for Economic Research in Pakistan (CERP) holds a program on‘Evidence-based Social Program Design and Evaluation’This 5 day programme focused on training professionals on project management tools for monitoring and evaluation and was delivered by leading economists from Harward, University of Vienna and LUMS.

Dr. Imran Ali, Rector and Dean, KSBL, in his book “The Punjab Under Imperialism, 1885-1947” provides a comprehensive survey of British rule in the Punjab, demonstrating that colonial policy making led to many socio-economic and political problems that are currently plaguing Pakistan and Indian Punjab. The Book has been published by Princeton University Press (Paperback).

Dr. Rehan Malik, Associate Dean Industry Linkages & Assistant Professor of Public Policy and Institutional Reform, delivered a paper at the International Public Policy Association in Milan in July 2015, titled “Political Economy of Program Design and Government Reform: Evidence from a Decentralization Program from Asian Development Bank”

delivers a paper at the International Public Policy Association (IPPA) in Milan

Dr. Imran Ali, Dean KSBL shared his views at a panel discussion organized by ACCA-WWF Pakistan Environmental Reporting Awards on June 5, 2015 in Karachi. He talked about future generation of business graduates and their ability to appreciate the impact of Business process on the economy, environment and society.

New Faculty Appointments at KSBL

Dr. Imran attended the Third International Workshop ‘Reviewing resources and nation-building’ as a speaker. The workshop was organised by National Institute of Pakistan Studies and DAAD Long Term Guest Professorship, with support from Hanns Seidel Foundation at Quaid-e-Azam University, Islamabad on March 27-28, 2015. Dr. Imran’s paper was titled ‘Pakistan: Inequality, Legitimacy and Authority’ in the panel on ‘Development and Governance of Challenges of Inclusion and Exclusion in South Asia’.

Dr. Imran attendsthe Third International Workshop ‘Reviewing Resources and Nation-Building’ at Quaid-e-Azam University, Islamabad

Dr. Imran Ali at the panel discussion organized by ACCA-WWF Pakistan Environmental Reporting Awards

The Punjab Under Imperialism, 1885-1947 - Dr. Imran Alipublished by Princeton University Press (Paperback).

Dr. Iqbal Tahir holds PhD and MSc degrees from Australian National University, and MEc from University of New England, Australia. He has had extensive local and international teaching experience. He has numerous research papers and publications internationally of which the recent publications include:• Is Gold Investment a Hedge Against Inflation in Pakistan? A Co-integration and Causality Analysis in the Presence of Structural Breaks (with Imran Ali and Muhammad Shahbaz), Article in Press for Publication in North American Journal of Economics and Finance, March 2014. • Analysing Time-Frequency Relationship between Oil Prices and Exchange Rates in Pakistan through Wavelets (with Muhammad Shahbaz and Aviral Kumar Tiwari), Journal of Applied Statistics, November 2014.• Assessing the Current Level of Corporate Financial Disclosure in the United Arab Emirates (with Abdulkareem Al-Zarouni, Chew Ng, and Khaled Aljifri), Asia-Pacific Journal of Education, Business and Society, Volume 1, No. 1, 2015, pp. 60 – 80.

Dr. Rajput holds a PhD from Massey University in New Zealand: his Dissertation was titled “Financial Pattern Recognition Techniques and Financial Analysis”. His interest falls into asset pricing, corporate finance, and financial accounting areas and investigates US common stocks. Dr. Suresh Kumar Rajput, received the Dean’s List Award for exceptional PhD Research for the year 2014 – 15 from Massey University, New Zealand.

Mr. Fahim Ahmed has successfully defended his PhD thesis from Loughborough University, UK, in Business and Management (awaiting degree conferral). His PhD thesis was focused on the adaptation of computer science methodologies in simulation conceptual modeling. He holds a bachelor’s degree in Electronics Engineering from NED University of Engineering and Technology, Pakistan (2005) and master’s degree in Systems and Control Engineering from Chalmers University of Technology, Sweden (2007).

Dr. Rehan Malik

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Dr. Suresh KumarAssistant Professor, Finance, KSBL

Dr. Fahim AhmedAssistant Professor of Operations Management, KSBL

Dr. Iqbal TahirProfessor, Accounting and Finance, KSBL

In league with KSBL’s focus on providing beyond the classroom study and using innovative methods of education, “KSBL SiMERGE”, a simulation-led business competition was held at the campus on March 20– 21, 2015.SiMERGE involved 95 participants from 17 institutions from all over Pakistan participate as teams in four simulations from the Harvard Business School. The simulations introduced and tested the participants’ concepts from four key business functions, namely Supply Chain, Marketing, HR and Finance, followed by a case study on Sustainable Energy.Team Impulse, from IBA – Karachi won the competition based on the cumulative results of the four simulations and the case study. They were followed very closely by Team TIP from Textile Institute Of Pakistan as first runner ups, and Team SAS from PNEC NUST. This rigorous business competition concluded with a fun-filled evening with “Ali Azmat” Live in Concert!

& Ali Azmat live in concert!

08 Karachi School of Business & Leadership

The KSBL student body organised a “Games & Karaoke Night” on February 21, 2015. The Games & Karaoke Night involved several activities including board games, console games, music and refreshments. This event provided both MBA and Executive MBA students an opportunity to take a break from their hectic academic lives, and the staff a much needed break from their daily routines.

KSBL SiMERGE 2015

Games & Karaoke Night at KSBL