Lahore University of Management Sciences

Lahore University of Management Sciences

Type	Private
Established	1984
Vice-Chancellor	Ahmed Jan Durani
Academic staff	143
Undergraduates	2400
Postgraduates	1600
Doctoral students	15+
Location	Lahore , Punjab , Pakistan
Campus	Urban
Website	www.lums.edu.pk

File:Lums Main Campus2.jpg

The Main Entrance.

File:Lums night 1.JPG

LUMS at Night.

File:Lums library building.JPG

The LUMS Library.

Hostels.

The Lahore University of Management Sciences, usually referred to by its acronym LUMS, is a university located in Lahore, Pakistan. LUMS was established in 1984 by a group of industrialists and people 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 one of the top ranked Pakistani universities amongst institutions that offer degrees in Business Management and Information Technology. LUMS sets a trend as an institution where merit and academic promise is the only form of admission.

History

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 world.

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, SSE which is established in 2008.

Organization

• Suleman Dawood School of Business (SDSB)

The Business School was the first school established at the Lahore University of Management Sciences in 1986, following a growing recognition that Pakistan needed good managers to meet the challenges of the future. The principal goals of the school include an original and innovative curriculum, a high-quality student intake, and a motivated and qualified faculty. SDSB offers full-time MBA Programme, Executive MBA, BSc Hons and PhD in Management. It is the only management school in Pakistan which follows case study method.

A new separate building for the school is being constructed which is expected to be completed in first quarter of 2010.

• School of Humanities, Social Sciences and Law (SHSSL)

The School of Humanities and Sciences offers undergraduate and graduate (Masters) degrees in mathematics, economics, social sciences, computer Science and computer engineering (the last two of which will be shifted to the School of Science and Engineering from 2008 onwards). In addition to this it also offers Doctoral programs in Computer Science, Computer Engineering and Mathematics. All science and engineering programmes will be moved to the SSE after its inauguration. It also offers a combined BA-LLB degree.

• School of Science and Engineering (SSE)

The School of Science and Engineering or SSE started in the fall of 2008. It is anticipated that this school would be split into schools of engineering and science at a later stage to signify the difference between applied and basic sciences respectively. Currently the bulk of all students entering SSE express interest in Electrical Engineering.

• School of Law and Policy

The School of Law and Policy will be established with the expansion of the Department of Law and Policy currently under the School of Humanities and Sciences at a later stage.

• School of Education and Applied Psychology

This school is currently in the early planning stages and would offer a 5 year B.A-M.Ed or B.Sc-M.Ed degrees in collaboration with other schools of this university. In due course, MA and PhD programmes in applied, managerial and child psychology, education, and human development will be offered.

Faculty

Whilst not all faculty members hold doctoral degrees, academic staff includes PhD holders from some of the top tier universities such as Stanford, Rice University, MIT, the University of California, Berkeley, University of Manchester, McGill 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. The Economics Department has an unusually large percentage of non-PhD based Teaching Fellows.

Research at LUMS

Whilst the university continues to be a first class teaching institution, producing exceptional graduates, it still struggles to obtain an internationally renowned status as a research based institution. Whilst conference proceedings and working papers are plentiful, peer reviewed research in journals of even moderate repute remains a premium. In an attempt to encourage research by faculty, the university is considering a novel idea of offering rewards - the precise nature is yet to be finalized. A track tenure system has also been introduced to address this shortfall, and in the hope that good faculty can be encouraged to join. Recruitment and retention of academics remains a problem, in a country where lack of security remains a chief concern, coupled with little or no regard for law and order.
According to university rankings available at Top Study Links, LUMS is ranked as the top most university in Pakistan. World rank of LUMS is 2078.

LUMS Library

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 and the library staff continuously seeks to upgrade it with new and latest volumes available.

The Library also have a multidisciplinary wing, Khalid Ishaq Wing, is dedicated to distinguished jurist and eminent scholar Khalid M. Ishaq, who donated 92,957 books from his collection to the library.

International recognition

LUMS is an internationally recognized institute with its graduates recruited by companies (usually after first undertaking graduate study abroad) such as Cisco Systems, Sun Microsystems, BP, 3M, Google, Shell, Deloitte, Accenture, Countrywide Bank, JPMorgan, Goldman Sachs, Morgan Stanley, UBS, Citigroup, London Stock Exchange, IBM, Bank of America, Indymac Bank, AOL, Microsoft, Ernst & Young, Mashreq Bank and Habib Bank. 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, three LUMS students visited Waseda University in Tokyo, Japan sponsored by Mitsubishi. Also, LUMS initiated exchange programs with universities in mainland Europe as well. Now, LUMS undergraduates frequently attend international programs in US, Europe, Australia and the Far East Asia.

Student life

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 world class squash courts,a basketball court, badminton and table tennis facilities, a gym, a fitness room, a music room, a chess room, an art room, etc. Hostels are segregated, with exclusive male and female residential arrangements.

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 has a plethora of societies that are almost always active through out the year. Some of the more prominent societies are:

• LUMS Media Arts Society (http://www.lumsmediaarts.com/)
• LUMS Music Society
• DRAMALINE (Dramatics Society)
• IEEE LUMS Student Chapter
• Society for Promotion and Development of Engineering and Sciences (SPADES) (website at spades.lums.edu.pk)
• LUMS Chess Club
• Sports at LUMS (SLUMS) (website at sports.lums.edu.pk)
• LUMS Entrepreneurial Society (LES) (website at www.les.org.pk)
• LUMS Adventure Society (LAS; website at wwww.lumsadventure.com)
• Publications at LUMS (PLUMS)
• LUMS Model United Nations (LUMUN) (website at wwww.lumun.org)
• LUMS Religious Society (LRS; website at www.religionatlums.wordpress.com)
• Law and Politics Society (LPS)
• Random Walk Economics Society (RWES)
• Debates and Recitation at LUMS (DRUMS)
• Alpha Society (website at alpha.lums.edu.pk)
• LUMS Student Math Society (LSMS)
• AIESEC (website at wwww.aiesec.org)
• LUMS Daily Student (LDS, Journalism Society) (website at www.lumsdailystudent.com)
• LUMS Creatively Humorous Unique Social Student Society (LCS) a.k.a LUMS CHUSS SOCIETY

Besides these societies, various student run Executive Clubs in different management areas e.g. Marketing, Finance, Human Resource etc. are also introduced for last few years. The main purpose of these executive clubs is to engage the student with extracurricular activities. These executive clubs provide a platform for the students to take active part in the organizing various seminars, conferences etc. It helps students to interact with the people from different industry where they are exposed to current situation and trends in markets.

LUMS has emerged as the hub of the nascent but burgeoning Student Movement in Pakistan, advocating the cause of rule of law, independence of the judiciary and free media. The Student Council at LUMS along with the newly-created Student Action Committee are spearheading a new wave of political consciousness and activism amongst the students. The movement that began at LUMS is spreading beyond the campus and is inspiring students around the country.

The university has a very strict policy on ragging. Students found guilty of involvement in this type of extreme bullying are dealt with harshly with penalties being severe.

Financial Aid

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. Some forms of financial assistance available to LUMS students are as follows:

Merit Scholarship

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 (3) students and in the graduate program it covers partial to full tuition fee for the first academic year of the students.

LUMS Scholarships

Granted to students in all programs with excellent academic performance and genuine need for financial aid.

LUMS Loan

Granted to graduate programs with good academic performance and genuine need for financial aid. LUMS Loan covers 20%-100% of 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.

Notable Alumni and Faculty Members

Its alumni include Shahid Mustafa, who launched Tameer Bank; Sadiq Yousaf Almaz, the brain behind Burraq Telecom; Faisal Farid, General Manager (West Asia) Pepsi Cola International (Pvt) Ltd; Naureen and Saadia Bukhari, who launched The Saturday Post, a magazine that showcases contemporary Pakistan. Hina Khar Member National Assembly and ex-Minister. Saulat Salahuddin, one of the first few women graduates, runs her business PRONTO that supplies corporate gifts. Companies like Lumen Software have LUMS graduates behind their success. The list is long and, therefore, it is not surprising to find LUMS alumni chapters in North America, UK, Dubai, Karachi, etc.

See also

• List of universities in Pakistan

External links

• Lahore University of Management Sciences - Official Website
• Lahore University of Management Sciences - Campus Radio
• LUMS Review - Alumni News
• LUMS Alumni Association of North America
• [1]
• LUMS - HEC Rankings(alternative link)
• LUMS - Top Study Links Rankings