Introduction

The Master of Business Administration-MBA (Equivalent to MS) program is designed to enhance students’ intellectual capacity, executive presence, and managerial skills through a comprehensive blend of management, marketing, and financial expertise. Our MBA curriculum is designed to provide a comprehensive management education, incorporating globally recognized best practices while offering flexibility for adaptation to local entrepreneurs, managers, and students. It is meticulously structured to foster critical thinking about business issues, enabling students to develop a strategic-level understanding and grasp complex knowledge across major business disciplines and technologies. A key objective of our MBA program is to cultivate unique leadership qualities in young students, equipping them to manage business organizations or entire enterprises effectively. Graduates will emerge as broadly educated business managers and executives, with a holistic understanding of business operations and tools and techniques applicable to various business scenarios. Through this rigorous and enriching program, students will be well-prepared to navigate the complexities of the business world and lead confidently and competently. MBA degree is equivalent to an MS degree (18 years of education) as per HEC’s approved curriculum of Business Administration for MBA Program (http://hec.gov.pk/english/services/universities/RevisedCurricula/Pages/default.aspx). The study scheme consists of a minimum of 60 credit hours of workload for all candidates; however, the university would offer up to 30 credit hours exemptions to candidates with a sixteen (16) years degree in business studies or directly relevant to business education on a course-to-course basis. The program has been designed for candidates who intend to enhance their education to serve the industry in senior management positions. The program provides opportunities to learn special business techniques to excel in the challenging and rapidly changing world. The students can select any specialization areas:’ Accounting & Finance,’ ‘Human Resource Management’, ‘Management,’ and ‘Marketing.’ Based on the market requirements, more specializations will be offered.

Program Objectives

1. To develop students’ intellectual ability, executive personality, and managerial skills through an appropriate blend of business education.
2. To provide the students with a comprehensive management education based on globally recognized best practices that can be flexible in adapting to Indigenous entrepreneurial and societal contexts.
3. To provide the students with a solid foundation for advanced studies at the elective level during the subsequent stage.
4. To prepare the students to think critically about business issues to enable them to develop strategic level understanding and demonstrate comprehension of complex theoretical constructs in the major business disciplines and technologies.
5. To develop unique leadership qualities among the young students required to successfully manage business functions, an organizational unit, or an enterprise.
6. To develop students into broadly educated business managers and executives who understand the nature of business with the tools and techniques applicable to various business situations.
7. To give the students a chance to bring together all the theories, skills, and tools studied during the program and integrate them into a learning experience that highlights the nature of competition and the kind of strategic maneuvering that must be done to succeed.

Admission Eligibility Criteria

Admissions would be made based on an open merit policy, with limited seats for candidates with both business and non-business backgrounds.

1. Candidates with 16 years of qualification and a minimum of 50% marks or a CGPA of 2 out of 4 from any recognized institution in any discipline are eligible for admission.
2. Candidates with 16 years of qualification having 50% marks or CGPA of 2 out 4 from recognized institution in Business/ Management/ Commerce/ Public Administration/ Equivalent will be eligible for a maximum exemption of 30 credit hours per the rules.

Merit Calculation Formula for Admission

The merit of each candidate for admission to the MBA will be calculated as follows:

Course Exemption

Applicants with business degrees will be exempt from 30 credit hours of coursework. In addition to this, exemptions will be given on a course-to-course basis, following the University and HEC guidelines regarding course exemptions.

Duration

• Non-business students will have to complete a minimum of 5 semesters (2.5 years-60 credit hours).
• Business students will have to complete a minimum of 3 semesters (1.5 years-30 credit hours).
• The maximum duration for completing an MBA degree for all students is 4 years

Courses of Study

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Assessment of Study Progress

Course assessments will be done using Test Items, Discussion Questions, Assignments, and Case Studies designed at the higher level of Bloom’s taxonomy, such as Application, Analysis, Synthesis, and Evaluation.

Project/Internship Report

Not Required

Award of Degree

To become eligible for the award of an MBA degree, a student is required to:

• Complete 60 credit hours (students with non-business background)
• Complete 30 credit hours (students with business background)
• Earn 2.5 CGPA out of 4.0
• Must complete the degree within the maximum duration of 4 years.
• All other rules and regulations of the Virtual University of Pakistan will be applicable.

Fee Structure

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Disclaimer

• The courses may be revised from time to time because of continuous review to bring them to par with courses being taught at top-class foreign universities. While reviewing the courses, the needs of local industry and the job market are also given full consideration.
• The University reserves the right to change fee structure occasionally.