Tag: (IoBM)

Karachi, February 08, 2023 (PPI-OT):The Institute of Business Management (IoBM) signed a memorandum of understanding with Salaam Takaful Limited (STL) on Tuesday, February 7, 2023, at IoBM. The signatories were Mr. Talib Karim, President IoBM and Mr. Rizwan Hussain, Managing Director and CEO, Salaam Takaful Limited. Present on the occasion were STL’s Mr. Noman Zaidi, Head of Human Resources; Mr. Farhan Sheikh, Head of Marketing; and Mr. Mohammed Shaheryar Mallick, Deputy Manager – Special Projects. IoBM’s Rector, HoDs, Faculty, and Management were also present.

The primary objective of this MoU is to create awareness and promote Islamic insurance to the students of IoBM. Whereas STL is desirous of providing interest-free loans to the students studying at IoBM on account of dues accrued in lieu of tuition fees for a prescribed period. The MoU will mutually strengthen each other in playing their role in providing education to those communities and individuals who are admitted to IoBM on merit and cannot afford the applicable IoBM tuition fees.

In addition, IoBM shall facilitate in creating awareness and image building for its students through awareness programs, invite STL to participate in on-campus job and career fairs, and assist STL students in the selection of students on a need basis, among others. While addressing the audience, Mr. Talib Karim urged the need to pursue follow-up of the MoUs so that the prescribed actions are completed in time. He was hopeful that such MoUs will strengthen academia-industry linkages.

He added that IoBM’s CIBF can assist STL in completing academic and research projects. Mr. Rizwan Hussain was hopeful that STL and IoBM can collaborate on these fronts with IoBM providing the graduates having sound industry knowledge. The MoU was initiated by IoBM through its Center for Islamic Business and Finance (CIBF). Dr. Imam Uddin, Associate Professor and Acting Head, Department of Accounting and Finance, CBM, IoBM played an instrumental role in this regard.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, February 06, 2023 (PPI-OT):The Institute of Business Management recently held its annual Career Fair 2023 to facilitate graduating students in their hunt to get appropriate job placements that will advance their careers. With representatives from more than 100 companies belonging to diverse industries including top management, CEOs, and HR directors participating in the fair, students were able to interact and demonstrate their capabilities directly to the firms that would potentially offer them permanent roles relevant to their fields of study.

The IoBM Career Fair is an annual exhibition that serves as a bridge between graduating students and companies that offer them possible employment opportunities. With this year’s event being sponsored by leading brands including Dalda, Shan, Meezan Bank, Wavetec, and National Bank of Pakistan, more than 6,000 students including both enrolled pupils and alumni who had the chance to explore internship opportunities or look for a fresh start through job interviews with some of the most distinguished firms operating in Pakistan.

The Fair served as an ideal platform for prospective employees to either begin their professional journeys or look for possible job switching with better chances for growth in mind. Commenting at the Career Fair 2023, Chancellor IoBM, Bashir Jan Mohammad, stated, “IoBM is an institute that believes in laying a robust foundation for students in terms of professional development.”

“Not only do we pay immaculate attention towards delivering the highest quality of academic excellence but are also continuously serving as the agent that helps connect students effectively with their potential employers,” he added.

Adding his views at the occasion, President IoBM, Talib Karim, noted, “Our goal with the annual career fair is to streamline the process for both companies that are in search for appropriate talents and students who are looking to enter the corporate fray as the next step in their careers.”

The Career Fair 2023 was held at the IoBM Convocation Ground. It offered students on-spot interview opportunities with visiting companies as well as career counselling sessions with senior team members from various leading corporate entities.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, February 04, 2023 (PPI-OT):AI tools boost productivity by a high percentage. Artificial intelligence and machine learning are the future of work, and most people are actively using these tools to make it easy to perform certain tasks. AI is actively being used in different industries such as education, healthcare, real-estate, business, content writing and finance.

There are certain AI tools for language. ‘Poised’ is one such AI-powered platform that assists people in speaking confidently and with clarity. The application gives users real-time feedback on their choice of words – for example in an interview. They will also get a progress report over time. This way, they will know where they need to work harder.

‘Paper cup’ is another ideal AI tool that people can use to convert their text into other languages for better localization. ‘Native Chats’ is another AI-powered platform that lets business owners speak to their customers in their localized languages with fluency. There are AI tools for collaboration. ‘Pragma’ centralizes an organization’s knowledge base for easy reference. Also, it enhances the collaboration and sharing of various documents. It automates workflows and writing in real-time.

‘Sembly’ is another tool that works as a person’s assistant by recording, Analyzing, transcribing, and providing insights. ‘Sheet AI’ is another platform that people can use to boost their Google Sheets using extensive features and predictions.

Mem is another AI platform almost similar to Notion that organizes notes and workflows in real-time. It is an ideal platform for organizing workflows as it enables the seamless arrangement of work schedules and works based on categories. Modyfi is another AI tool that helps boost collaboration and simplifies the design processes. Finta is another platform that automates organizational workflow in real-time.

Third, there are certain AI tools for text automation into audio or video. Those who want to generate audio using text can use ‘Murf’ – one of the best AI tools. The voice will sound so natural and ultra-realistic. People can choose a female or male voice of any age. Synthesis is another ideal platform that people can use to transform plain text into videos in real-time.

Therefore, no one will require videographers to create simple videos. It can be a great marketing strategy. Luckily, it can be used to create videos in 120 languages. ‘Assembly AI’, another application, translates audio into text. Therefore, people can easily read it out instead of listening. ‘Super Creator’ is another tool that can be used to create short-form videos in real time.

Fourth, there are also certain AI tools for content creation. ‘Lex Page’ is an ideal platform for imitating writing tones. Writers will not have to worry when they face writer’s block. ‘Craftly’ is another great tool that is ideal for copywriting; people need to give instructions to the tool on the kind of writing they need and wait for great copy.

‘Texti’ is another useful platform that is ideal for use on browsers. It resembles ChatGPT and can be used to ask questions and get answers in real-time. For content managers, using ‘Word Tune’ would be quite valuable. It suggests alternative words that people can use in their text. For those who are lazy at writing, ‘Compose AI’ will be valuable. It finishes sentences like Gmail does when a person drafts emails.

Content managers can benefit fully from AI-powered technology. ‘Copy AI’ is another platform that can be used to generate content in real-time while ‘Ideas AI’ can be used to provide ideas that professionals can leverage in their businesses. ‘Texta’ is another AI tool that can help generate text within a short term. People need to input their ideas and get their work done almost immediately.

They are high-quality blog posts that will bring the right attention to your site. ‘Jasper’ and ‘in storied’ are popular AI tools that can be used to write posts, copywriting, and social posts.

Fifth, there are certain AI tools for image automation or creation. ‘Stock AI’ is an ideal platform that can be used to create stock photos. ‘DALL E 2’ is another platform that can be used to create images and art from text.

It is similar to ‘Stable Diffusion’ which also creates images based on some specific text. ‘Lexica’ features the images generated by Stable Diffusion. ‘Mirage’ is another platform that easily generates 3D images based on the prompts given.

‘Interior AI’ is another platform that designers can use for interior designing. It can be used for image rendering and can turn text into specific images. ‘Imglarger’, an AI tool, is ideal for editing, resizing, improving, and cleaning up images to make them look much better. ‘Flair’ is another platform that creates brand images for more originality.

Sixth, there are certain tools for monitoring websites and systems. ‘Browse’ is one of the AI tools dedicated to website owners or managers as it monitors competitors’ websites in real-time. ‘Com’ is another AI platform that is used to generate 100 pages optimized for specific-use cases.

It is like a website page analysis tool based on certain keywords or terms. ‘TimelyAI’ is another platform that allows you to organize your schedule using WhatsApp. ‘Nuclia’ is used to create a real-time search engine for your site, app, API, or extension.

Seventh, there are a couple of efficient AI marketing tools. Those who are poor at email writing, ‘Smart Writer’ is a perfect tool for you. The tool uses AI to understand people’s prospects and write personalized emails to them for more productivity.

You can also use the presentation AI tool to create presentations that you can even use in meetings. ‘Pencil’ is another AI tool that can be used to produce engagement-driven promotions within minutes. ‘Patent Pal’ is a platform that can be used to automate the mechanical writing required for a patent.

‘Mutiny’ is an AI platform that can be used to identify and A/B test your website or another platform. Finally, ‘Mintlify’ is an AI tool ideal for creating beautiful documentation that can be used by users in real time.

All these AI tools are ideal for use by anyone. However, you need to find a specific one for the tasks you want to undergo. Some of these tools are free to use while some are premium. People need to find an all-around platform that will make their work easier. The future is AI, and people need to find the perfect platform to automate their tasks. Therefore, try and research on the best tool for your tasks.

The writer is CTO and director, Centre of Information Technology at IoBM.

He tweets @imranbatada and can be reached at: Imran.batada@gmail.com

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 26, 2023 (PPI-OT):Karachi: The book launch ceremony of “Alternative to the IMF and Other Out of the Box Solutions” by Dr. Shahida Wizarat was held on Thursday, January 26, 2023. The Chief Guest was Mr. Bashir Jan Mohammad, Chancellor IoBM.

The speakers on the occasion were Ambassador Hasan Javed; Engineer Abdul Jabbar, VP FPCCI; and Mr. Azhar Jamil, Chairman Citizens Alliance and Qaumi Mahaz-e-Azadi. During his Welcome Address, Mr. Talib Karim, President IoBM said that the IMF has been in the news particularly with regards to Pakistan’s economy. He urged the need to develop a short-term strategy on how to repay debts that Pakistan owes. “I hope that the right people will read this book and implement the ideas presented,” he added.

Ambassador Hasan Javed said, “This book is a remarkable edition on the literature of this subject. It should be read by political leaders and scholars in developing countries.” Ambassador Javed added that the book includes a list of economic problems with strategic clarity. “Dr. Wizarat’s insights and knowledge on economics is for a global audience,” he added. He said that Pakistan has resources, but lacks resourcefulness.

Engineer Abdul Jabbar said that the sixty-seven chapters of the book touches on past economic events that altered Pakistan’s relations with the IMF. He said, “IMF’s decisions and policies should be scrutinized by the developing countries to resolve their economic crisis.” Engineer Jabbar added that, “Dr. Wizarat presents solutions to an array of economic problems.”

Mr. Azhar Jamil said that Pakistan had an opportunity to put its house in order during the rule of Pervez Musharraf. He added that the tax structure should be equally distributed among the citizens as the burden is more on the poor. “We need to present a detailed reform agenda that is approved by a national consensus to give Pakistan’s economic solutions.”

During her address, Dr. Shahida Wizarat said that the book includes strategies to resolve the crisis without the need to use foreign exchange reserves. “We do not go to the IMF, we are taken to the IMF,” she added. “IMF program is not about reforms. It is a connection between the opportunities and the IMF where the burden is on the middle and lower classes.”

She suggested increasing the quality of exports and prioritizing the goods to be exported including the banning of importing of luxurious goods.” She mentioned the various crises facing Pakistan including political, constitutional, and economic, among others. “Those in the corridors of power should not pursue IMF’s policies and find a substitute solution at the earliest.” “We may also

Chief Guest, Mr. Bashir Jan Mohammad said the book has various subjects that are connected to the IMF. He said it is difficult for Pakistan to pursue alternate options other than to continue with the IMF. “The economic situation is so precarious because we have been following the IMF’s policies and we cannot get out of it at once.”

Dr. Wizarat’s book must be read to give a holistic outlook of what has been wronged and how to rectify the policies,” he added. “Dr. Wizarat’s efforts must be appreciated which must be read by students.” Rector, Deans, faculty members and management of IoBM were also present.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 21, 2023 (PPI-OT):The Orientation for the spring 2023 semester at the Institute of Business Management (IoBM) was held on Saturday, January 21, 2023. The Orientation session at IoBM was organized under the leadership of Ms. Sabina Mohsin, Director Administration, Admissions and Finance with close coordination of various departments including General Administration, Admissions, IT, Maintenance, Marketing, and Media. Mr. Imdad Mugheri, Manager Admissions, played a pivotal role, in managing the event, indeed.

The Master of Ceremonies was Ms. Juveria Baig, HoD Internship and Placement Department, IoBM. Huzaifa Abdul Rehman, IoBM student recited the verses of the Holy Quran. Gracing the event with their presence were IoBM’s Rector, Deans, Heads of Departments, Senior Managers, Faculty, Management and Staff.

Dr. Tariq Rahim Soomro, Acting Rector, IoBM shared key policy points that the new students should adhere to during their stay at IoBM. Dr. Soomro’s detailed presentation included points about Campus Life (continuous assessment system, academic counseling, attendance, code of conduct, student societies, social media policies), Semester System and Credit Hours (Catalog, Academic Calendar, CPGA), and information about Departments (Academics, Transport, Finance, IT, Security, Scholarships, Internship and Placement).

Earlier, during the Welcome Address, Dr. Shujaat Mubarik, Dean CBM, acknowledged the contributions of IoBM’s Late Founding President, Mr. Shahjehan S. Karim for envisioning to establish IoBM as an institute of higher learning in Pakistan. Dr. Mubarik advised students to inculcate the habit of reading to broaden their minds so they can equip themselves with insights and information.

While sharing the alumni experience, Ms. Areeba Raza, (Class of 2022) Management Trainee Officer, Shan Foods said she feels privileged to be standing in front of the graduate class of 2025. She shared her academic journey at IoBM and how the Institute helped her in developing her personality and acumen to achieve challenges in her personal and professional life. “Embrace learning, remain humble, do a lot of networking,” Ms. Areeba said.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 14, 2023 (PPI-OT):The graduation ceremony for the second cohort of the Shahjahan S. Karim Incubation Center (SSKIC), IoBM, was held on Saturday, January 14, 2023. Federal Minister for Information and Technology, Syed Amin Ul Haque, was the Chief Guest.

He said that the Ministry of Information Technology and Telecommunication (MoITT), Pakistan, is enhancing the skills development of the youth so they can establish effective start-ups. “Smartphone for all is the vision,” the Federal Minister added.

He emphasized that broadband connectivity should be provided in remote areas of Pakistan to connect start-ups with buyers. This will facilitate online businesses to reach a wider audience across Pakistan. “Women’s participation in start-ups must be increased to fifty percent,” he added.

IoBM provides the seed money to the start-ups incubated at the SSKIC,” said Mr. Talib Karim during the Welcome Address. He commented that SSKIC focuses on technology as it is the future of industries. Such tech-based ideas will eventually evolve the industries, he added. “Innovation happens when you have to resolve challenges”, said Mr. Mehboob Karim, Advisor IoBM. “We need to continuously innovate to come out of the crisis we are facing in various sectors.”

Mr. Bashir Jan Mohammad, Chancellor IoBM emphasized that entrepreneurs need to work in the agriculture sector to increase the yield that will improve our exports. Mr. Burhan A. Sayyed, Head of SSKIC, IoBM said that SSKIC received over a hundred applications from across Pakistan for Cohort 2.

“We screened these ideas based on their scope of innovation and sustainability.” The start-ups that graduated in Cohort-2 are Arm Rehab, Chiragh Education Technologies, Electorate, Goddard Discovery, Sehatlings, ThaliHelp, and Wizzyo Live Chat.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/