Lahore University of Management Sciences

Citi Pakistan Launches Phase 2 of Project Change with LUMS

May 23, 2012

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Citi Pakistan and the Social Enterprise Development Centre (SEDC) at LUMS are collaborating on a capacity building project, which aims to create stronger linkages between higher education institutions and the industry. This project is supported by a $50,000 grant from the Citi Foundation.

As part of latest on Citi-LUMS project on Academia-Industry Linkages, primary data is being collected from a diverse set of universities in Karachi to explore the unique philosophy being followed by each academic institution, regarding their strategic focus on academia-industry linkages, design and development of the curriculum, teaching and laboratory work, career counseling, guidance and placement of students. Universities include: Institute of Business Administration (IBA), Karachi; Institute of Business Management and Pakistan Air Force (PAF)-Institute of Economics and Technology, Korangi Creek (KIET).

“Later this summer, we plan to hold a workshop with the related stakeholders to create best practices, share experiences and ensure there is cross-learning among participants. University representatives from Pakistani institutions will be able to discuss their own experiences and draft and define action plans for their own universities,” explained Dr. Syed Zahoor Hassan, Professor at Suleman Dawood School of Business (SDSB) LUMS, who is heading the programme.

“This initiative will help better understand the involvement of industry and community with the Universities in Pakistan and identify ways to promote research that would be beneficial for academia, industry as well as for the country,” said Talib Syed Karim, Rector-Institute of Business Management.

Information has already been collected from seven universities of Lahore and Faisalabad, namely University of Agriculture Faisalabad; National University of Textile, Faisalabad; Government College University, Lahore College for Women, Forman Christian (FC) College; LUMS and University of Engineering & Technology (UET), Taxila.

“Higher education in Pakistan needs to be compatible with the socio-economic uplift of the country. The involvement of industry in different segments of the academic systems through internships, industry-based student projects, and representation on academic boards can help to attain better socio-economic prospects for the youth. This effort by LUMS will bring a positive change in the higher education in Pakistan,stated Muhammad Khalid Hussain, President PAF-KIET.

“There is a dire need to promote sustained and close liaison between academia and industry to spur the national economy and improve employment opportunities in the country,” said Dr Ishrat Husain, Dean and Director IBA.

LUMS has a longstanding partnership with Citi. Citi has recently won two global awards for its Corporate Social Responsibility projects in Pakistan and this initiative reiterate its longstanding commitment to the communities where it operates, through a ‘More than Philanthropy’ approach.