Institute of Business Management to offer MBA in SME finance and entrepreneurship

Karachi, July 21, 2018 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) felicitated the Institute of Business Management (IoBM) on the introduction of Master of Business Administration (MBA) course for SME finance and entrepreneurship at its faculty at main campus at Korangi Creek. President UNISAME Zulfikar Thaver congratulated the dean Prof Dr Syed Irfan Hyder on the initiative and said the two in one MBA in SME finance and entrepreneurship will go a long way in encouraging the youth to become skillful bankers or entrepreneurs having knowledge of entrepreneurship and finance both.

This masters degree would serve the needs of all sectors. He wished other institutions would follow and offer degrees in entrepreneurship and SME finance. He said with high unemployment, there is need to motivate the youth to learn entrepreneurship. Self employment is the best answer to unemployment. He offered help to the students completing the course to approach UNISAME for placement in industries.

Simultaneously the senior bankers promised placements for those seeking bank jobs. Imran Ahmed Additional Director State Bank of Pakistan (SBP) who presided over the session asked the officials of the IoBM to include supply chain, cash flows and risk management chapters in the course. He also insisted on facilitating the women students. All participants agreed that the banking industry has a growing need for trained officers in SME financing.

Prof Syed Irfan commented on value addition and it’s importance in entrepreneurship as critical. Meezan Bank by virtue of its keen belief in the superior goals of the sector is playing a vital role at the IoBM. The other banks which expressed deep interest in the sector were Habib Bank Ltd, Muslim Commercial Bank and First Women Bank. Tazleen Arsalan head of department at IoBM gave a presentation on the curriculum which opened discussions amongst bankers and faculty officials.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307
Email: unisame@gmail.com