February 21, 2022: The Institute of Business Administration (IBA) Karachi and Al-Kauser signed a Memorandum of Understanding (MoU) to ensure cooperation between both the institutions with the purpose of mutually strengthening each other, and in playing their role in making quality education accessible to the deserving students studying at the Institute by providing them financial assistance.
Director Finance, Al Kauser, Syed Akif Abbas, and Executive Director, IBA Karachi, Dr. S Akbar Zaidi signed the MoU at the ceremony held at the IBA Main Campus.
The IBA was represented by the Executive Director, Dr. S Akbar Zaidi; Director, Alumni and Corporate Relations, Ms. Malahat Awan; Director, Finance, Mr. Moeid Sultan; Director, Talent Hunt Program, Dr. Junaid Alam Khan, whereas representatives for Al Kauser included, Mr. Qaim Mehdi and Director Finance, Syed Akif Abbas.
This collaboration will not only help the deserving students but will also facilitate in creating a pool of talented graduates that have the required skill set and technical knowledge in consonance with the industry requirement so that they can perform well in dynamic business environments.
Al Kauser aims to facilitate the access of education to financially disadvantaged students at the IBA on an annual, pay-as-you-go basis. It is currently sponsoring 12 students of the IBA under the Al-Kauser Scholarship. Moreover, it will also provide support to up to 4 students every year.
The IBA supports approximately 30% of its student body every year to ensure inclusivity through its financial assistance program.