Imperial College of Business Studies


Welcome To ICBS

The Imperial College of Business Studies, Lahore (ICBS), was established in 1991 by the Pakistan Benevolence & Social Management Trust. The initial development of ICBS was supported by academic collaboration with the University of Hull, UK.

In a short span, ICBS has established a truly enviable reputation for integrity and excellence in higher education. The College offers highly market relevant undergraduate and graduate programs in business administration and related areas. ICBS is actively involved in research and offering short training courses for industry. Major programs in this area include courses for Small Business Finance Corporation (now the SME Bank), First Women Bank, and the Pakistan Television Corporation. The quality of higher education in Pakistan is naturally of a major concern to the College and its sponsors. The pursuit of quality is the raison de’tre of ICBS.

The College is well recognized by the industry in Pakistan and by academic institutions abroad. This is evidenced by outstanding job placement record of ICBS alumni. Our graduates are working for almost all the major employers in Pakistan – particularly the financial institutions. Many are working in the US, UK, and the Middle East.

ICBS is one of only thirteen private insitutions in Pakistan selected through an independent evaluation by the Higher Education Commission (HEC) for provision of student scholarships granted by Government of Japan (JICA).
ICBS is only one of the few select institutions in Pakistan that are approved by the Citibank where the Bank’s staff can be enrolled and the Citibank reimburses the program fee.

Our students have also excelled at universities abroad, a few are even teaching abroad. All this has been made possible by the unrelenting efforts of our faculty. The College has one of the most qualified groups of faculty members. Almost all the faculty members have foreign academic credentials – and as a group, perhaps there would be few institutions in Pakistan that could match this. ICBS has Academic Advisors comprising faculty in the USA, UK and the Middle East and in the past has signed MOUs/Agreements for student exchanges and faculty collaboration with several universities in the USA and UK.

The faculty and staff, and facilities alone are not sufficient determinants of quality – another key input is the quality of its student intake. ICBS has very selective student body. Typically, only about fifty percent of all applicants are accepted for admission. A significant proportion of these students have a first class bachelor’s degree from institutions like the Government College, Lahore and Kinnaird College, Lahore. The students, who are admitted through a rigorous screening process, generally have outstanding schooling and academic background.

ICBS gives liberal financial aid to students on need and merit basis. A large number of scholarships are available for the kin of armed forces and civil servants. Additionally full scholarships have also been established by private donors.

At ICBS excellence in academics is not the sole focus. We instill in our students a deep sense of social responsibility and respect for humanity. ICBS does not only educate and train students, we strive to educate and enlighten in the broadest sense of the word. ICBS has the unique distinction of introducing “Leadership and Community Development” a project undertaken by all its students where they are required to conceive, finance, manage and implement a project of some benefit to the community.

* ICBS is chartered by the Government of Punjab as an independent degree-awarding institution, (Imperial College of Business Studies Ordinance, 2002). The College degrees are recognized by the Higher Education Commission and by institutions abroad.

* ICBS is the first business school in Punjab, public or private to be certified as having quality management systems through ISO 9001:2000

* ICBS is the member of the International Network of Quality Assurance Agencies in Higher Education (INQAAHE), Dublin.



As a leading business school in Pakistan, the College strives to provide highest quality education in management science and related disciplines. Excellence in teaching and learning is rooted in research. We seek to graduate individuals instilled with professional competencies, ethics and social responsibility, preparing them effectively for management and leadership roles. The College recognizes service to community as a key element of its mission.


Since its establishment in 1991, The Imperial College has been in the forefront of the efforts to establish an institutional framework within which higher educational institutions could be evaluated and accredited. The College is well recognized by the industry, academia and the government for its academic quality and institutional integrity.

The Imperial College is Chartered as a degree-awarding institution by the Government of Punjab, Pakistan (Imperial College of Business Studies, Lahore. Ordinance 2002, Punjab Ordinance No. XIX of 2002).

Degree programs are recognized by the Higher Education Commission (formerly the University Grants Commission), Government of Pakistan and also recognized internationally.

Board of Governors

The ICBS Board of Governors provides the vision, direction and is responsible for strategic policy making in accordance with the ICBS Ordinance 2002.


  • Mr. Munawar Ahmad

  • Mr. Asim N. Ahmad
    Pro Rector / Secretary of the Trust

  • Brig (R) Syed Anwar-ul-Hassan
    Nominee of the Trust

  • Dr. Muhammad Anwar
    Nominee of the Trust

  • Mrs. Farhat-Unisa
    Nominee of the Trust

  • Chairman, Higher Education Commission (HEC), Government of Pakistan

  • Vice-Chancellor, Bahauddin Zakariya University, Multan

  • Secretary, Punjab Education Department, Government of the Punjab


Imperial College of Business Studies
(ICBS), chartered by the Government of Punjab as a degree awarding institution, is ISO 9001: 2000 certified. The certification was given after the quality management system of ICBS was assessed and audited by Moodys International, a UK based agency that certifies organizational quality systems for compliance with standards specified by the International Standards Organization (ISO). Moodys is accredited by United Kingdom Accreditation Services (UKAS) the sole national accreditation body recognized by the British government to assess, against internationally agreed standards, organizations that UKAS demonstrates the competence, impartiality and performance capability of these evaluators. Moodys is also accredited by the Pakistan National Accreditation Council (PNAC), Government of Pakistan.

ICBS standards for design, delivery and assessment of quality degree programs are compliant with the ISO standards. ICBS is the first business school in Punjab, private or public sector, to earn this international validation which is awarded only to those organizations that meet global standards of quality management systems. On this occasion, the Rector of the Imperial College, Dr. Azmat Abbas Syed stated “as important as this milestone may be, our objective remains continuous improvement in the provision of quality teaching and learning experience for the faculty and students in an environment that is supportive, caring, relevant and efficient”. He further added “this landmark is an outcome of concerted efforts of each an every member of faculty and staff and is another affirmation of nearly 15 years of focus on academic quality at ICBS. While we celebrate this achievement, out efforts to create a service orientation and a learning environment consistent with international norms and practices shall continue”.


Information & Services

Book Lending

All registered users are entitled to borrow books. Lending privileges differ for various categories. Please inquire at the circulation desk for your eligibility.

Reference Service

An active help desk provides efficient and reliable services under the supervision of professional librarian
Searching Assistance
In case an item is not located on the shelf, inquiry can be made at the circulation desk. A search will then be initiated and the user will be notified when the required item is found.

Information Literacy

The library provides a wide range of user education programs to enable them to use the library to its optimum potential. These programs enable users for literature searching from printed and electronic resources. Instructions for special groups /classes are also arranged on request.
he library at ICBS is another place where students spend a considerable amount of their time. The library is equipped with all the latest recommended texts, reference material and newspapers. Various local and international periodicals, such as the Harvard Business Review and the Economist, are also available for students. The Library is the biggest single resource available to the students. Its here that the students can access much of the information they need for their coursework in an atmosphere which is conducive to quiet study and research. The library also has access to several data bases to which the college has exclusively subscribed.

Membership and Rules

General Rules

Users are expected to observe the following rules while using the library services; any violation of these rules will incur appropriate disciplinary action.
• Leave your personal belongings such as handbags, briefcases, etc., outside the library entrance, on your own responsibility. The library disclaims any liability for loss or damage.
• Submit any book or object for inspection, when requested by the library staff.
• Do not write, underline or mark any book. Library books are carefully examined on return and the borrower will be held responsible for the damage.
• After reading, leave books on the table or on the book trolley. Please do not shelve the books.
• Complete silence should be observed except for brief and subdued talk with the library staff.
• Drinks and eatables are not allowed in the library.
• Smoking is strictly prohibited inside the library.
• Keep your mobiles off within the library premises


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