Hyderabad: In order to provide executive education in Pakistan, Indian School of Business has signed a Memorandum of Understanding with Institute of Business Administration (IBA), Karachi.  

The agreement was signed by Deepak Chandra, Deputy Dean, ISB and Ishrat Husain, Dean and Director, IBA, Karachi, at the ISB campus.

The collaboration brings together the Centre for Executive Education (CEE) at ISB, one of the largest executive education providers in Asia and IBA, the oldest business school outside North America, to provide courses to senior management executives looking to fast track their careers, Chandra told reporters.

"We are confident that this partnership will help generate tremendous opportunities for cross-collaboration between the two schools and...contribute to the growth of business and industry in Pakistan," Chandra said.

While ISB will focus on the design and delivery of the programmes, IBA will be responsible for their marketing and promotion. The programmes will be conducted by ISB's globally renowned faculty. The first programme is slated to commence June, 2012, Husain said.

"We will start on a modest scale but will build up our relations over time as each one of the two institutions gets to know the other...India had made huge advances in higher education, science and technology and we in Pakistan should benefit from their achievements," Husain said.

Pakistan is one of the countries that have growth potential among evolving Asian economies necessitating the need for a leadership pipeline to fuel its growth, the IBA Dean added.

The proposed programmes will focus on family business, entrepreneurship, business leadership, strategy and related
domains. This would later be expanded to include programmes on Public-Private-Partnership as well, Chandra said.