Objectives

  • To develop students as employment creators rather than as employment seekers
  • Target: 20-30% of our graduates should become entrepreneurs
  • To contribute to the development of economy through creation of large number of enterprises.
  • To contribute to the social development through creation of large number of social entrepreneurs
  • To meet the entrepreneurial requirements of the 21st century where the engine of change are a large number of new, innovative ventures led by smaller groups.
  • To leverage experiential learning requirements for entrepreneurship in the development of our methodology
  • Establish linkages with various organizations promoting entrepreneurship such as OPEN, MITEF and others:
    • Establish linkages with investors interested in launching new companies.
    • Establish linkages with Government of Sind and other Federal bodies.
    • Establish linkages with industry associations.

Core courses focusing exclusively on entrepreneurship in the BBA program now intends to inspire and enable students to practically initiate startups on experimental stages. Experiential learning content of these courses would help in attaining the following objectives:

  • Provide an exposure of launching a company by each student
  • Increasing the component of experiential learning in Entrepreneurship Courses through real life observations and practice of the entrepreneurs.
  • Enable students to experience the pressures and relevance of MBA concepts in an entrepreneurial venture when the cash flows start biting into the performance.
  • Development of entrepreneurial case studies
  • Increase the collaboration with engineering programs of IoBM through joint programs.

IoBM Business Incubator

Leveraging the infrastructure of EMEC, IoBM Business Incubator provides a network of entrepreneurial leaders for mentoring of the entrepreneurship students. The business incubator bridges with engineering programs at other institutions also to identify new product ideas from their final year projects to convert them into new ventures.  This is done with an intention to contribute in the development of the economy and industry by developing employment creators. The projects worthy of funding from the Equity Fund are identified from the pool of incubates, who are facilitated in their proposals and the documentation for utilizing the Equity Fund available to take their startup to the next level.

Specialized courses on Entrepreneurship

Several specialized courses on entrepreneurship are being designed to facilitate students in following ways:

  • Provide an exposure of launching a company by each student
  • Increasing the component of experiential learning in Entrepreneurship Courses through real life observations and practice of the entrepreneurs.
  • Making Leadership course a compulsory requirement of each program
  • Enable students to experience the pressures and relevance of MBA concepts in an entrepreneurial venture when the cash flows start biting into the performance.
  • Development of entrepreneurial case studies
  • Increase the collaboration with engineering programs of IoBM through joint programs.

These courses include:

  1. Affordable design and entrepreneurship
  2. Getting to market: commercializing your idea
  3. Building and managing start-up teams
  4. Raising capital via crowd funding venture capital, angel funding and debt
  5. Managing a growing business
  6. Startup growth strategies

Community and Social Service

Establishment of a Social Entrepreneurship and Development Center helps in creating a concrete social impact on the society and the development of a constructive mindset. The experiential learning projects undertaken through the now mandatory BBA course of Social Advocacy and Community Empowerment provides a platform for the following initiatives:

  • Development of micro-businesses through the community service course requirements.
  • Projects for addressing the social ills of the society such as lack of time management, management of commitments, ethical relationships etc.
  • Development of expertise in the establishment and management of NGOs.

BS in Social Entrepreneurship & Social Leadership

Objective: To develop socially conscious entrepreneurs who aspire to create sustainable solutions to local problems.

BS Social Entrepreneurship and Social Leadership program inspires and equips graduates to demonstrate leadership through creation of sustainable social advocacy enterprises focused on solving real life problems. This is an innovative and fully experiential learning program focusing on PBL; Project Based Learning and Problem Based Learning. It provides an inter-disciplinary understanding of real life problems from humanities and liberal arts perspectives, and additionally enables students to envision and create enterprise solutions through managerial and leadership skills imparted in the program. The projects involve field work to explore real life social enterprises advocating solutions in areas such as education, health,  violence, poverty, women empowerment, environment and “glocalization”. These projects integrate course work of leadership and enterprise management studies with perspectives from several inter-linked subject areas such as philosophy, psychology, history, sociology, economy, power, culture, religion, ethics, arts, literature and aesthetics. This integration enables students to design sustainable solutions to local challenges that reflect their internal desires to benefit themselves and the community and that can give them confidence to take on the global challenges.

Background & Philosophy: Focus of existing graduates is to serve the corporate sector preferably multinational corporations. Creating solutions to local problems is never suggested as a measure of their career success by their alma-mater. Such orientation eventually makes the opportunities available to them outside Pakistan to look more attractive, subsequently resulting in brain drain. It is the responsibility of the academic institutions to create programs to equip and inspire their graduates to become successful in a local context. The graduates need to be motivated to create a win-win solutions for local problems using their talents, natural gifts, skills and resources, which would benefit themselves and the community at large.

For details about the career guidance and the course structure see program details

Advisory Committee for Social Entrepreneurship and Social Leadership 

On Going Activities

Following activities are being done at and planned present in the above inspire and enable students to walk on an entrepreneurial path.

  • Mentoring: One-on-one mentoring of each student of the entrepreneurship course with an assigned entrepreneur.
  • Workshops on entrepreneurship related topics
  • Guest speaking sessions by entrepreneurs
  • A semester end exhibition of all entrepreneurship projects that students do in the entrepreneurship courses this semester. The projects are evaluated by the industry entrepreneurs.
  • A Meet the Young CEO program. The objective is to make being an entrepreneur more prestigious.
  • Teaching Effectiveness of the Entrepreneurship Courses: Base-line survey of all the students of the entrepreneurship courses at the start of the semester. A few questions regarding their willingness to go for entrepreneurship. With a follow-up questionnaire at the end of the semester to see what impact has the course made on their willingness to take risk.
  • Research project: To develop an understanding of the local entrepreneurial tendencies and dynamics, along with the challenges and their remedies.
  • Collaboration with external bodies to promote entrepreneurial activities (Wadhwani, INJAZ, OPEN)

For detailed description of the events and pictures, please click here

Development of the Entrepreneurship Eco-System

Activity

Entrepreneurial Leadership course to be included in all management programs
Entrepreneurship and Small Business course to be made an execution course
Mentoring: One-on-one mentoring of each student of the entrepreneurship course with an assigned entrepreneur.
A wall dedicated to highlight the shinning entrepreneurs of Alumni/students. Objective is to make entrepreneurship more attractive and prestigious.
A poster on a specific place on wall that highlights "Entrepreneur of the Month". Criteria to be discussed. Initially flexible.
An area in the IoBM website highlighting the entrepreneurship related initiatives.
An archive of case studies done of entrepreneurs.
An archive of interviews conducted by students and in video form. I understand there are several of these.
An entrepreneurship workshop to be conducted. Proposal with the society.
A series of guest speakers where entrepreneurs come regularly and the students of all the entrepreneurship classes attend and make transcripts of the talks and relate their experiences in assignments to be graded in the courses.
A semester end exhibition of all entrepreneurship projects that students do in the entrepreneurship courses this semester. The projects to be evaluated by the industry entrepreneurs.
A Meet the Young CEO program similar to the one held at CBM last semester and also conducted by Injaz some weeks ago. The objective is to make being an entrepreneur more prestigious.
Linkage with the EMEC's project for BBYSDP for youth needy entrepreneurs.
Linkage with KTDMC. Follow-up on the minutes of the meeting.
Teaching Effectiveness of the Entrepreneurship Courses: Base-line survey of all the students of the entrepreneurship courses at the start of the semester. A few questions regarding their willingness to go for entrepreneurship. With a follow-up questionnaire at the end of the semester to see what impact has the course made on their willingness to take risk.
Research project: To develop an understanding of the local entrepreneurial tendencies and dynamics, along with the challenges and their remedies.
A BS program on 'Social Entrepreneurship & Leadership' in collaboration with Aman Tech
Collaboration with external bodies to promote entrepreneurial activities (Wadhwani, INJAZ, OPEN)