Kiva Lending Team: Lahore University of Management Sciences
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The Lahore University of Management Sciences, usually referred to by its acronym LUMS, is a highly distinguished residential academic research university located in Lahore, Pakistan. LUMS was established in 1984 by a group of industrialists and professionals belonging to Pakistan's leading private and public sector corporations, to provide rigorous academic and intellectual training to students. According to the Higher Education Commission of Pakistan, LUMS is the top ranked Pakistani university among institutions that offer degrees in Business Management and Information Technology in South Asia. In 2011 globally renowned Pakistani intellectual Dr. Adil Najam was appointed the third Vice Chancellor of Lahore University of Management Sciences.
The university was granted a charter by the Government of Pakistan in March 1985. The LUMS Board of Trustees comprises leading members of the domestic business community, academics, and government representatives. The principal functions of the board are to set policy guidelines and to review the operations of the university. The Board of Governors, as the sponsor of LUMS, raises funds necessary for the university's operation and maintenance. Many board members are representatives of the business community and form a crucial link between the university and the Pakistani business worlds.
In 1986, a business school by the name of Lahore Business School was established for MBA Programme. Later the school was renamed and is known as Suleman Dawood Business School, SDSB. After the construction of current campus, LUMS started undergraduate programmes in Economics and Computer Sciences in 1994. In 1996, School of Arts and Science was introduced to oversee the undergraduate programmes. Master Programmes in Economics, Computer Sciences and Computer Engineering were introduced later on, followed by doctoral programmes in the disciplines of Computer Sciences, Computer Engineering and Mathematics. A five-year BA-LL.B degree was also added in 2005 in the list of programmes offered by school. Keeping in view the diversity of programmes offered by school, LUMS established School of Humanities, Social Sciences and Law, SHSSL, to oversee Social Sciences, Economics and Law departments. Other disciplines of Mathematics, Computer Science and Computer Engineering were to be the part of School of Sciences and Engineering, which was established in 2008
Suleman Dawood School of Business (SDSB)
The Suleman Dawood School of Business was the first school established at LUMS in 1986. Now, over two decades and 2,000+ graduates later, it is ranked as one of the top business schools in the region, excelling in academics, research and executive education.
Rausing Executive Development Centre (REDC):
Rausing Executive Development Centre (REDC) working under the aegis of Suleman Dawood School of Business (SDSB) upholding the same kind of standards and rigor for which SDSB is known for in the business community. REDC being a centre of excellence provides executive education services to the corporate community of region. As a strategic arm of SDSB, it has transformed itself into a leading service provider offering premium short duration programmes in all areas of management to the executives. Almost all of REDC's core intellectual resources are borrowed from the SDSB including faculty, teaching material, case method of teaching and processes of ensuring quality.
School of Humanities, Social Sciences and Law (SHSSL)
The School of Humanities and Sciences and Law consists of the Department of Humanities and Social Sciences, the Department of Economics and the Department of Law.
Department of Humanities and Social Science (DHSS):
The Department of Humanities and Social Science (DHSS) aspires to the advancement of knowledge that is socially and ethically relevant through innovation and excellence in its academic programme. DHSS offers three undergraduate programmes leading to the BSc (Honours) degree in Anthropology/Sociology, Humanities and Political Science, as well as a combined programme in Politics and Economics in conjunction with the Economics Department. Started in 1999, the Department of Humanities and Social Science is home to a number of distinct disciplines in the Social Science and Humanities including Anthropology and Sociology, Literature, Philosophy, Political Science, Psychology and History.
Department of Economics:
The Economics Department offers a 4-year undergraduate programme in Economics (first class graduated in 1997) as well as a master's programme in Economics (first class graduated in 2002). Economics is one of the most popular majors at the Uniudent body is enrolled in Economics either as a major, a joint degree programme or as a minor. However it has been suffering with recruiting owing to the financial troubles of the university.
Department of Law and Policy:
The Law and Policy department combines the richness of our liberal arts educations with a solid professional programme in law. Its pedagogical approach to law and Policy is analytical, critical and comparative, and high premium is placed on faculty research and policy output. In the space of three years the law faculty has attracted graduates from Harvard, Oxford, Michigan, British Columbia and the London School of Economics. The full time faculty includes Roger Normand, a former executive director of the Centre for Economic and Social Rights, New York. The department is in the process of developing academic and exchange linkages with several universities in the region. With the induction of more faculty and the launch of an LL.M, the Law and Policy department will evolve into a School of Law & Policy in few years it is hoped
Syed Babar Ali School of Science and Engineering (SBASSE)
The LUMS School of Science and Engineering (SSE) is a new school within LUMS with undergraduate programs in Biology, Chemistry, Computer Science, Electrical Engineering, Mathematics and Physics; and graduate programs in Computer Science and Mathematics. Additional engineering programs will be added in the future. Sohail Asif Qureshi, presently a Professor of Biology at this School, has been chosen as the new Dean, who assumed office from 1 November 2011 for a period of three years.
LUMS now has more tha 170 full time faculty, the vast majority of whom hold doctoral degrees. Academic staff includes PhD holders from some of the top tier universities such as Stanford, Rice University, MIT, University of California, Berkeley, University of Manchester, McGill University, McMaster University, University of Pennsylvania, University of Toronto, University of Texas at Austin, University College London, Imperial College London, National University of Singapore, Cambridge University, Oxford University, Yale University, and Harvard University. Notable Faculty members include:
Adil Najam: Professor and Vice Chancellor, PhD from MIT.
Ali Cheema: Associate professor of Economics and Head of Department PHD in Economics from Harvard University
Anjum Altaf, Dean of the School of Humanities, Social Science and Law, Professor of Economics.
Arif Iqbal Rana: Professor Operations Management and Supply Chain Management, Master from Purdue University, PhD from Rensselaer Polytechnic Institute.
Arif N. Butt: Dean of the Suleman Dawood School of Business, Professor of Human Resources, Negotiation and Organizational Behavior
Arif Zaman: A well-respected Statistician and Mathematician.
Ayesha Jalal, Visiting Faculty, Professor of History at Tuft University.
Farzad Rafi Khan: Professor Organizational Politics, Alternative Management. PhD from McGill and Oxford
Ihsan ul Haq: Professor Advertisement and Promotions Management.
Jamshed H. Khan: Professor of Management and Decision Analysis
Pervez Hoodbhoy: A well-respected nuclear physicist, essayist and political-defence analyst.
Rasul Baksh Rais, Professor Political Science.
Shahryar Khan, Adjunct Faculty, International Relations
S. Azmat Hassan, Adjunct Faculty, International Relations
Sohail Qureshi: Dean of the School of Science and Engineering, Professor of Biology.
Syed Mubashir Ali: Professor of Financial Management and Accounting
Syed Nomanul Haq, Visiting Faculty, Humanities at LUMS and The University of Pennsylvania.
Zahoor Hassan: Professor and Ex Vice Chancellor, PhD from Stanford University.
Research at LUMS
LUMS has always been a research active university but the focus on research has strengthened as it has expanded. The Suleman Dawood School of Business SDSB)has produced more than 600 case studies and has regularly published one of Asia's leading case research journal. Case Studies written at LUMS are now used across the world and in nearly all Pakistani MBA programs. In 2011, a case study written by LUMS Professors Shazib Shaikh and Zahoor Hassan won the coveted Ruth Greene Memorial Award of the North American Case Research Association(NACRA)for the best case written outside North America. The faculty at the LUMS SChool of Humanities, Social Science and Law (SHSSL)has been highly productive and produced more than 50 books in the last few years. The LUMS School of Science and Engineering (SSE)has been ramping up its international research profile by publishing in the leading international journals in Chemistry, Biology, Mathematics, Physics, Computer Science and Electrical Engineering. In 2011 Prof. Basit Yameen of the LUMS School of Science and Engineering won the prestigious Alexander von Humboldt Fellowship for this work on molecular biology. LUMS also invests considerable resources in its faculty research and significant research grants are provided to the faculty for their research.
The Lahore University of Management Sciences (LUMS) Library is the first automated library of Pakistan that provides full range of services that include loans, online information searching, reference services, inter-library loan, document delivery, photocopying, viewing of audiovisual and microfilm materials, access to virtual collections & digital resources, CD-ROM & online searching etc. It has a collection of over 350,000 volumes, 128,000 e-books and 35,000 e-Journals and the library staff continuously seeks to upgrade it with new and latest volumes available. The Library also has a multidisciplinary wing, Khalid Ishaq Wing, dedicated to jurist and scholar Khalid M. Ishaq, who donated 92,957 books from his collection to the library.
LUMS is an internationally recognized institute with its graduates working in multinational firms that are among the largest around the world. Ranging from IT to finance and manufacturing to telecommunication, LUMS graduates have made their mark in almost every field. Noteworthy companies who have or have had LUMS graduates as part of their workforce include
McKinsey & Company
London Stock Exchange
Bank of America
Ernst & Young
British American Tobacco
Proctor & Gamble
Johnson & Johnson
The school's reputation seems to have spread beyond just domestic applicants though, as a number of applications also come in from the Middle East, the Far East, Central Asia, and other parts of South Asia. Recently, LUMS acknowledged its place as one of the first university in Pakistan to conduct bilateral exchange programs for undergraduate students. In spring 2007, LUMS students Sana Majeed and Sana Zia, visited Waseda University in Tokyo, Japan sponsored by Mitsubishi.
According to Top Study Links university rankings 2011, LUMS is ranked top university in Pakistan.
University campus contains an academic block, a library, an IT building, a Pepsi-sponsored dining center (PDC), Executive Development Center, a mosque and a Sports complex. The Sports complex houses squash courts,a basketball court, badminton and table tennis facilities, a gym, a fitness room, a music room, a chess room, an art room, an EMS office, a doctor's clinic, a counsellor's office, etc. Hostels are segregated by sex.
LUMS students also take part in extracurricular activities such as managing academic conferences, hosting charity shows and debating events. Student societies, clubs, and associations help to meet the recreational and vocational needs of students, who also bring with them a rich blend of extracurricular interests.
LUMS Emergency Medical Services, in collaboration with Rescue 1122 Pakistan, is a proper university department which is organized, managed, and run by LUMS student volunteers who are trained and certified in First Aid and CPR to serve as First Responders to any campus medical emergency. By having an around the clock student EMS service, LUMS has joined the ranks of many leading universities in the US and elsewhere who offer such a facility to their campus communities. It is the first initiative of its kind in a Pakistani university, LUMS aims to spread this new system to all institutes and organizations across Pakistan.
Financial assistance at LUMS is based on need and merit. Scholarships are typically awarded on merit or extremely high need. Usually a combination of financial aid comprising loan, tuition waiver and work compensation is offered to students. The university claims that it has given Rs. 1.2 billion in the form of scholarship or financial assistance to date. Some forms of financial assistance available to LUMS students are as follows:
This is given to the top students on the admission merit list at the time of admission. Merit Scholarship for undergraduate programs covers full tuition fee for the top three students and in the graduate program it covers partial to full tuition fee for the first academic year of the students.
Granted to students in all programs with excellent academic performance and genuine need for financial aid.
Granted to graduate programs with good academic performance and genuine need for financial aid. The LUMS Loan scheme covers 20%-100% of the tuition fee component of the student. In all, LUMS loans are interest free.
National Outreach Programme
LUMS has launched a National Outreach Programme to reach out to bright students from underprivileged areas of Pakistan. Under this initiative, induction of selected candidates into the various academic programs will be facilitated by preparation for the University’s rigorous admission criteria and then by provision of full financial assistance to those who qualify. Many students are admitted in LUMS on the basis of NOP. There are also a number of scholarships which are offered on need/academic achievement basis. A preliminary evaluation test is used to screen bright students from the underprivileged areas of Pakistan, which are then given training at LUMS for the common admission test.
Location: Lahore, Pakistan
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