AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,944 Increased By 65.8 (0.96%)
BR30 22,827 Increased By 258.6 (1.15%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

The Institute of Business Administration (IBA) Karachi signed a memorandum of understanding (MoU) with the Orange Tree Foundation (OTF) to provide scholarships worth Rs 2 million each year for a period of 2 years to undergraduate and graduate students.

The objective of the scholarship is to provide the Institute's promising young students a stepping stone to self-efficiency. The eligibility for the scholarship will be based on the candidates' academic record and their requirements of financial assistance.

In the ceremony, the Institute was represented by Acting Executive Director IBA Karachi, Dr Sayeed Ghani; Head of Corporate Relations and Communications Department, Malahat Awan; Director National Talent Hunt Programme, Dr Junaid Alam; Director HR Department, Mashooque Bhatti while OTF was represented by CEO and Board Member, Omer Mateen Allahwala; Chairman Board, Faisal Khalid Abdullah; Board Member and Head of Academic Program, Arfa Hasnain, Senior Coordinator, Tazeen A. Qadir, and Senior Member Fundraising Committee, Riaz Ahmed.

The IBA Resource Mobilization department is striving to create new avenues for helping the financially constrained students at the Institute. Every year 4000 students get enrolled in the six undergraduate as well as eight graduate programmes of the IBA Karachi. Out of these 4000, 1500 students apply for financial assistance. Along with the limited resources of the IBA Karachi, many individuals, businesses, and governments make regular funds available to provide scholarships to the underprivileged students of the Institute.

The OTF is a tax-exempted, not-for-profit Educational Society based in Karachi working towards the cause of education in Pakistan. Established in 2011, Orange Tree Foundation aims to provide equal opportunities to financially challenged individuals of our society through quality education, healthcare and family support.

Copyright Business Recorder, 2019

Comments

Comments are closed.