Office of Admissions
LUMS DHA, Lahore Cantt. 54792, Lahore, Pakistan
Tel: +92 42 3560 8000 Ext.: 2177
Executive MBA
Executive MBA
The EMBA programme provides you with a transformative experience without disrupting your career. It connects you to the most relevant industry leaders in Pakistan. During the programme, you learn from faculty that has influenced business practices through their teaching and research. You gain unparalleled access to dynamic companies and leaders both within Pakistan and abroad. On top of that, you also leverage the LUMS alumni network of 15,578 graduates that impacts the global marketplace.
Research and teaching at LUMS truly offers its community ‘Learning Without Borders’ by breaking academic, geographic and socio-economic barriers to make education accessible to all. The University continues to be an intellectual hub, rich with varying perspectives and transformative ideas. With an environment brimming with inclusion, unity, and boundless knowledge, learning continues in and beyond the campus walls with the aim to develop innovators, leaders and change-makers who can contribute to the community and build strong borderless networks.
Class Profile
|
EMBA 2023 Class Profile |
|
|
Academic Background |
% |
|
Engineering |
49% |
|
Accounting/Finance/Business/Management |
18% |
|
Marketing |
12% |
|
Humanities and Sciences |
11% |
|
Economics |
5% |
|
HRM |
5% |
|
Average Age |
34 years |
|
Average Experience |
11 years |
The EMBA programme is spread over 22 months, which includes 4 week-long sessions (two week-long sessions in the first year, one after the end of the first year during the summer for the Globalisation Module, and the last week-long session at the end of the second year for the EMBA Project presentations) and 36 weekends. Regular sessions are held on alternate weekends every month.
The programme is divided into the following modules:
- Business Fundamentals
- Law and Entrepreneurship
- Managing Operations and People
- Cost, Value and Innovation Management
- Managing the Future
Summer Orientation Programme (SOP)
The SOP provides essential subject knowledge needed to prepare you for the challenges of competitive coursework and the case method pedagogy. The SOP is not graded, but its successful completion is a prerequisite for EMBA. The SOP prepares you for regular EMBA classes by providing the basic framework in the following modules:
- Business Mathematics
- Introduction to Financial Accounting
- Interpersonal Skills
- Introduction to the Case Method
Distance Learning
EMBA participants stay connected with faculty through distance learning while off-campus. This connection is facilitated through the Information Systems and Technology (IST) department at LUMS, which centrally supports the LUMS Learning Management System (LMS). The LMS allows each participant a dedicated Academic Resource Centre on the web. Participants have access to several e-modules, course-related activities and resources. These include course material, discussion boards and online course assessment tools.
Programme Structure
|
Year 1 |
Timeline |
|
Distance Learning Module 1 Harvard Business School Online Courses |
July – August |
|
SOP + Business Fundamentals Module 1 |
August - November |
|
Distance Learning Module 2 |
November – December
|
|
Managing Operations and People Module |
November – March
|
|
Distance Learning Module 3 |
March – April
|
|
Cost, Value and Innovation Management Module 3
|
April - June |
|
Year 2 |
Timeline |
|
Globalisation Module |
Summer |
|
Law and Entrepreneurship Module |
August – December |
|
Managing the Future Module 5 |
January – April |
|
EMBA Project |
October - May |
Admission Criteria
Fall Admission 2023
Applicants must meet the minimum eligibility criteria in order to be considered for admission to the Executive MBA (EMBA) Programme.
Admission is purely merit-based and rests solely on the following criteria:
- Academic Record;
- Performance in the Admission Test;
- Work Experience;
- Completed and submitted application form and supporting documents by the stipulated deadline;
- Interview Performance (if called)
Note:
This is the minimum eligibility criteria that applicants need to fulfill in order to be eligible to apply. Fulfillment of this criteria does not guarantee admission to LUMS.
Academic Record
Applicants will be assessed on the following criteria:
- Successful completion of sixteen (16) years of education leading to a Master's or Bachelor's* degree from a university recognised by the Higher Education Commission (HEC), Pakistan.
* Candidates holding only a Bachelor's degree of less than four years’ duration will be required to submit an Equivalence Certificate issued by the Higher Education Commission (HEC), Pakistan.
Note:
Applicants completing their last degree by May 30, 2023, are also eligible to apply.
Test Requirement
Applicants are required to take One (1) of the following tests in order to be considered for Fall 2023 admissions:
- Graduate Management Admission Test (GMAT); OR
- Graduate Record Examination (GRE); OR
- NTS-GAT (General)
- LGAT (LUMS Graduate Admission Test)
The GMAT/GRE (General) is offered as a Computer adaptive test worldwide. The LUMS code for receiving GMAT/GRE (General) official scores from Pearson and ETS is 0679.
Note:
-
GMAT/GRE taken more than five years before the admission deadline will not be considered valid.
-
NTS-GAT (General) taken more than two years before the admission deadline will not be considered valid. A cumulative score of 50 is a minimum requirement for applying.
-
Apart from official test scores that LUMS will require directly from Pearson and Educational Testing Service (ETS), USA, applicants must submit online a copy of the unofficial GMAT/GRE (General) scores as soon as they take the test.
-
LUMS Graduate Admission Test (LGAT) is comprised of Quantitative, Verbal, and Analytical sections. The LGAT Scores will be valid only for Fall 2023 admissions.
-
The LGAT scores will be used for application evaluation and will not be disclosed to the applicants.
-
If the applicant has taken more than one test, the best score will be considered for the application evaluation.
Submission
The admission application will be considered for evaluation after the successful completion of the following Four (4) STEPS by the applicants on or before the stipulated deadlines:
- LUMS Online Admission Application submission;
- Online submission of scanned copies of required supporting documents;
- Submission of an appropriate Application Processing Fee; and
- Online submission of the Letters of Recommendation by the Referees.
Application Processing Fee
- The application processing fee of Rs. 7,500
- LUMS Graduate Admission Test (LGAT) registration fee Rs. 1,800
- The application processing fee of USD 120 for International applicants.
Note:
- Applicants must complete and submit their Online Admission application on or before April 11, 2023; 5:00 pm (PKT).
- Applicants are required to submit Online the scanned copies of all supporting documents on or before April 14, 2023.
- After the successful submission of the Online application, applicants must make the Processing Fee payment by the deadline.
- Referees must submit completely filled Letters of Recommendation by the given deadline.
Completion of all steps is mandatory. Applications, documents or fee received after the stipulated deadline will not be processed.
Application Review/Interview Performance
Shortlisted applications will be reviewed by the relevant committee to finalise the admission decision. Applicants are encouraged to provide complete information regarding their academic achievements, research reports, attended workshops, extracurricular activities, and must tell LUMS about their success stories in order to substantiate their applications.
Work Experience
Applicants for the Executive MBA Programme must have prior work experience of at least six (6) years, including four (4) years at a Managerial level. The prior work experience should demonstrate the applicant’s Managerial track record and potential for success in a senior position. Evaluation is based on the duration and the quality of the Full-time work experience.
Letters of Recommendation
The Letters of Recommendation should indicate the applicant’s Academic performance, Commitment to Excellence, and their strong aptitude for Business education. The recommendations can be made by Professional as well as Academic referees.
The modes of payment are as follows:
1. Voucher can be paid through cash, Pay Order and Bank Drafts made in favour of "Lahore University of Management Sciences" at any branch within Pakistan of following banks:
- Allied Bank Limited
- Meezan Bank Limited (Customer Code: LUMS)
- Bank Al-Habib Limited
2. For online Credit/Debit card payment, please click here.
3. Vouchers can also be paid through ATM machines and internet banking portals of the following banks:
- Allied Bank Limited
- Askari Bank Limited
- Bank Alfalah Limited
- Bank Al-Habib Limited
- Faysal Bank Limited
- Meezan Bank Limited
- Standard Chartered (Only for Online Payments)
Note:
- For making payments through internet banking portals/ATM, students need to have bank account in the respective bank.
- Fee payment through "Pay Orders" is accepted at banks up to two working days prior to the payment deadline. Fee may be paid through Cash Receipts, Online Services and Credit/Debit Cards till payment deadline.
Advance Tax:
Through an amendment in the Income Tax Ordinance 2001 by Finance Act 2013, advance tax (under section 236 I) shall be collected @ 5% on the entire amount of fee except refundable portion.
Bank Helpline Numbers
Allied Bank Limited
1. UAN: 111-225-225, Branch contact No: 042-35748308
2. Regional Office: 042-35747603
Meezan Bank Limited
1. Region Office: 92-42-35786207
2. Head Office: 92-21-36406139
Bank Al-Habib Limited
1. Karachi: 92-21-32277231-239, Lahore: 0333-1218430
2. DHA Ph. 5 Branch: 042-37189231 042-37189234
Fee Structure for FY 2022-23
|
Particulars |
Module 1 |
Module 2 |
Module 3 |
Total |
|
PKR |
PKR |
PKR |
PKR | |
|
Admission Fee |
116,840 |
- |
- |
116,840 |
|
Tuition Fee |
423,700 | 423,700 | 423,700 | 1,271,100 |
|
Reading Material |
29,140 |
29,140 |
29,140 |
87,420 |
|
Registration Fee |
26,580 |
26,580 |
26,580 |
79,740 |
|
General Security |
41,800 |
- |
- |
41,800 |
|
Total |
638,060 | 479,420 | 479,420 | 1,596,900 |
Residence Fee
|
Particulars |
Module 1 |
Module 2 |
Module 3 |
|
PKR |
PKR |
PKR |
|
|
Residence Fee |
TBA |
TBA |
TBA |
Important Points
- The above breakdown of fee structure is for Year 1 of the 2 Year EMBA programme.
- Fees are payable by module according to the schedule given in the Annual Fee bill.
- As per Income Tax Ordinance 2001, advance tax (under section 236 I) is required to be collected @ 5% on the entire amount of fee paid by a person not appearing on the active taxpayers list if Student Payable exceeds Rs. 200,000/- per annum excluding the amount refundable. Tax deduction certificates will be available on student Zambeel account.
- Advance tax paid on fee is adjustable at the time of filing of Income tax return. LUMS will issue Advance Tax Certificate in this regard at year-end.
- University fees are usually announced once each year. However, the University reserves the right to change its policies and fee structure at any time.
Refund Policy
To learn more about the University's Refund Policy, please click here.
| Activity | Date |
|---|---|
| Online Application Deadline | April 11, 2023, 5:00 pm (PKT) |
| Deadline to submit online supporting documents and Processing Fee | April 14, 2023 |
| Deadline to take GMAT/GRE (General)/NTS GAT (General) | May 07, 2023 |
| LUMS Graduate Admission Test (LGAT) Administration (Tentative Date) | May 07, 2023 |
| Admission Decisions | July 31, 2023 |
| Commencement of Classes | August 2023 |
Note:
- The University reserves the right to change dates and deadlines for admissions. Please keep informed of any changes by visiting this site periodically, as well as the LUMS online application site.
Does LUMS require any entrance test for admission to the EMBA programme?
Yes, admission test is required. Applicants are required to take Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) or NTS GAT (General) or LGAT.
What should I know about the GMAT/GRE?
The Graduate Management Admissions Test (GMAT)/ Graduate Record Examination (GRE) is offered year round as a computer adaptive test. You should register for the test at least one month before you plan to take it. You need to complete the GMAT/ GRE test before you submit the online application. You may submit your application with unofficial score report however, you will need to submit an official GMAT score report to our office before you can matriculate. There is no minimum score requirement. A high score does not guarantee anyone's acceptance, nor does a low score preclude it as there is no minimum score required. Further details on GMAT/ GRE are available at www.mba.com and www.ets.org.
For how long are the GMAT/GRE/ NTS GAT (General) scores valid?
GMAT/GRE scores are valid for five years. However, NTS GAT (General) is valid for two years.
If I take GMAT/GRE/NTS GAT (General) more than once, do you consider my highest score?
We will consider your best scores of a single attempt.
What is the application process?
Application for admission to the EMBA programme is an online process (there is no paper application for you to fill out or mail).
After creating an account and accessing the online application, you may then begin to complete your application.
You can work on your application at any time and submit it when you are ready. Please note that we expect applicants to adhere to the deadlines stated on the website.
Please also note that all supplemental materials, such as transcripts, test scores, letters of experience and recommendations must be received by our office online as soon as the application is submitted.
If I provide you with my GMAT/GRE/NTS GAT (General) score or GPA or resume etc., can you tell me my chance of admission?
We consider many factors in the admissions selection process therefore, it is impossible to predict one's chance of admission without reviewing a complete application. You can review a class profile on our website if you like to benchmark your statistics against current LUMS EMBA students.
By which date should applicants expect their Test Registration Cards to be delivered?
Test Registration Cards and instructions will be posted to the applicants' secure online application account and an email message will alert applicants that the Test Registration Card has been posted. It will be posted on applicants' online account one week before the test date.
I have submitted my online application & all required documents on time but I am unable to view my Test Registration Card?
If an applicant is unable to view his/her Test Registration Card despite completing all the requirements then he/she can write to us at admissions@lums.edu.pk.
Can I transfer credits from another graduate programme?
Transfer of credits from another programme to the LUMS EMBA programme is not allowed. All admitted students regardless of having an advanced degree will begin the programme as a first year student.
How many letters of recommendation should I submit?
Minimum two (2) letters of recommendation are required.
How will an EMBA benefit my employer and me?
It will give you the strategic management skills to take on new responsibilities at work, while continuing to contribute in the workplace during your studies, applying new theories and approaches, and doing projects on your business.
How Executive MBA is different from regular MBA at LUMS?
The Executive MBA participants are about six years more experienced, on average, than the traditional MBAs. In addition, the Executive MBA programme has been designed to offer the skills required for those about to enter the senior management ranks of their organisations, rather than in-depth study in a specific functional area.
What areas of concentration or majors are available?
The Executive MBA programme is designed for people who have already taken the first steps in their career. We therefore do not offer specific ‘majors’ since these concentrations are generally viewed as a way for business students to prepare themselves for entry-level positions. Instead our focus is to offer courses to those already in management positions, in order to enable them to progress to higher managerial and leadership ranks. Our training is therefore geared more toward the understanding of broad management and leadership skills.
I have six years of work experience but I do not have four years of managerial experience. Can I still apply?
Yes, you can apply, but you need to prove to the Admissions Committee that you can cope with the academic and intellectual side of the coursework.
Where would I stay during my full-time study weeks?
Accommodation facilities are available for all participants.
What happens if I miss a course?
We strongly discourage missing any course; however, we do understand that this situation might arise during Executive MBA. We may accommodate a participant in this regard but cannot guarantee that the individual will graduate on time.
Do you have any age limit for admission to the EMBA programme?
No, there are no age restrictions for admission to the EMBA programme.
Do you call all applicants for an interview? What kind of questions are asked during the interview?
A Merit ranking to shortlist applicants for interviews will be generated based on the Academic Performance, Work experience, and GMAT/GRE (General)/GAT (General) scores. Only short-listed candidates will be called for the interviews.
During the interview, the Admissions Committee tries to assess the applicant's communication skills, managerial potential, thinking ability, subject knowledge and level of awareness of general issues. Final decision regarding admission will be taken after the interview.
Can I defer admission?
In truly exceptional circumstances, the Admissions Committee may grant a deferral. All requests should be made in writing and will be reviewed on a case to case basis.
How do I inform about a change in the online application?
It is highly recommended to fill out the application form carefully. Changes cannot be made after the submission of online application. In sheer need an applicant can send the updated information to admissions@lums.edu.pk with the specific header "Change in Application Form".
How will you notify me regarding a decision on my application?
Admission decision will only be communicated through courier service; however, you can also check your application status through your online account. Regretfully, we are unable to provide information regarding your application status by telephone or e-mail.
May I appeal my admission decision or ask to have the decision explained?
The admission process is a well deliberated and thorough process. Each year we receive a large number of outstanding applications. Unfortunately, all of them do not qualify because of the limited number of available seats. The decision regarding admission is final.
If your application is unsuccessful you will also receive a letter informing you of this. Due to the volume of applications the University receives; it is not possible to provide feedback on unsuccessful applications.
Who is considered an international applicant?
A foreign national who is not of Pakistani origin and does not have a Pakistani passport/NICOP/CNIC is eligible to apply to LUMS under its International Student Programme. Applicants holding dual nationality out of which one is Pakistani are not eligible to apply through LUMS International Student Programme.
What is the Higher Education Commission (HEC), Pakistan?
Higher Education Commission (HEC) Pakistan is an independent, autonomous, and constitutionally established institution of primary funding, overseeing, regulating, and accrediting the higher education efforts in Pakistan.
HEC is responsible for formulating higher education policy and quality assurance to meet the international standards as well as providing accrediting academic degrees, development of new institutions, and uplifting of existing institutions in Pakistan.
How do I get equivalence from Higher Education Commission (HEC), Pakistan?
International students can get equivalence through the following process: https://www.hec.gov.pk/english/Pages/default.aspx
Does LUMS offer campus accommodation to international students?
LUMS provides a well-maintained residential environment for international students.
LUMS Financial Aid
Admission to all programmes is purely on merit and independent of students’ ability to pay the related tuition fees. Once a student has been admitted to a programme, there are several mechanisms in place to provide financial support based on need and merit. All awards are reassessed each academic year based on performance, need, available resources and prevailing University policies. LUMS is committed to providing as much financial assistance as possible within the limits of its available resources. Nevertheless, the University may not be able to meet all requests for financial assistance, and it is strongly recommended that applicants secure as much of their own funding as possible.
Following financial aid options are available for students who meet specific criteria.
- Women Scholarship
- MCB - Student Personal Loan
MCB - Student Personal Loan
LUMS has entered into an agreement with MCB Bank Limited through which MCB Bank provides commercial loans to MBA/ EMBA students.
The commercial loan facility is pivotal for students who are currently financially unable to afford the cost of tuition and living facilities. This is one of the first ventures of its kind in Pakistan and demonstrates LUMS' commitment towards providing equal educational opportunities to its students.
All loans are subject to the Bank’s internal approvals and MCB Bank reserves the right to approve/disapprove a loan based on its internal assessment. In case a loan is not approved, students will be required to provide the total fees and expenses of the education themselves.
Age
Minimum 21 years and maximum 45 years at the time of loan approval.
General Criteria
- Pakistani nationals only.
- At least 50% marks (or equivalent) in the last public examination (i.e. other than admission tests, e.g. GMAT, SAT, LMAT, etc.).
Debt-Equity Ratio
- Maximum 80:20 of admissible educational program cost (such as Admission, Registration, Tuition, On-Campus Residence, and any other part / head / item of the fees that is payable in advance by the student to LUMS).
- Any amount that is refundable by LUMS to the student later on is not covered under the Student Loan program
Loan Amount
Subject to regulatory and internal Bank requirements:
- Maximum PKR one million.
- In accordance with the schedule of fee payment, the above amount shall be disbursed over a maximum of 4 tranches/modules
- The drawdowns for the loans will be based on 2 drawdowns/ academic year.
- Each tranche disbursement would be subject to Bank’s review as per its requirement.
- Disbursement shall be made directly to LUMS on account of the student.
Loan Tenor and grace period
Installment repayments will commence six months after the completion of study period (up to 30 months).
Total tenor of repayment of the loan (post education period) to not exceed 7 years, including the grace period.
Mark-up Rate
- Markup rate of this facility is: Six-month KIBOR + 0%.
- This rate shall then undergo subsequent resetting on a six-monthly basis on the first working day of every January and July.
- Mark-up accrual shall begin from the day of first disbursement as per the above rates and shall continue on the outstanding principal till the entire repayment of the loan.
Partial / Full Early Payments
No pre-payment charges apply on partial or full prepayments.
Processing Fee
- One time non-refundable processing fee of PKR 5,000/- or as set by the Bank only at the time of processing of the initial application.
- Any applicable taxes / levies shall be recoverable from the customer / student / borrower.
Minimum guarantees and securities/ collateral
- Personal Guarantee of Parents / Guardian and/or any third party for each loan. At least one Guarantor should be Parent and at least one guarantor should have source and means of income.
- For each loan, assignment of all future incomes of the student to the Bank to the extent of the former’s liability to the latter. In accordance with SBP regulations, loans shall be collateralized through any security /collateral as determined by the Bank for each loan and borrower.
Documentation
- Application Form (pertinent to the relevant tranche) duly signed by the student and parents / guardian and/or third party guarantor(s) (as the case may be) including signed-stamped by concerned LUMS officials.
- CNIC or SNIC Copies of the Student and parent(s) / guardian(s) and/or any third party guarantor(s) as the case may be.
- CF-1 Form / SBP Undertaking.
- One-time activity of opening non-checking collection / repayment account.
- Required legal documentation to be signed by the student & parent / guardian and/or any third party guarantor(s) as the case may be and with regards to various collaterals / securities.
- Any other document as per MCB’s requirement
Other Terms &Conditions
- Student is not allowed to apply for any sort of loan from any financial institution / bank, without seeking prior permission from MCB until the first installment of the MCB Student Loan has been paid.
- If a student gets overseas employment, then his entire remaining personal loan and associated amounts shall become payable immediately to MCB.
- Apart from the above, in cases where the student fails to complete the program due to any reason, or drops out due to unsatisfactory academic performance or otherwise, or commits an act of moral turpitude or crime, the entire loan and associated amounts will become repayable immediately.
- The entire loan and associated amounts will also become repayable immediately if, at any stage, any mis-representation or concealment of facts comes to the Bank’s knowledge.
- Bank reserves the right to demand immediate payment of all outstanding amounts associated with the student loan at any time it deems appropriate.
- In accordance with applicable laws and regulations, Bank reserves the right to take all measures and explore all options (which may include but may not be limited to litigation) for collection / recovery of all outstanding amounts associated with the loan from the student / borrower / guarantor(s) and any available collaterals / securities in case of nonpayment / default and/or any non-fulfillment of contractual obligations by student / borrower / guarantor(s)
‘MCB Bank shall continue to disburse Rs. 500,000/- to the EMBA borrower student on annual basis. The E-MBA borrower student shall be eligible for availing SPL financing during the course of Module 2, 3, 4 and 5, subject to the condition that financing for each module shall not exceed Rs. 250,000/- and satisfactory progress reports.’
Women Scholarship
LUMS consistently strives to make all its educational programmes accessible to all across the globe, regardless of their ability to pay. Ground-breaking research, internationally competitive faculty, relevant curriculum, strong international linkages and a vibrant, extracurricular life have established LUMS as a centre of excellence in the region.
The aim of Women Scholarship is to foster, celebrate and advance women’s leadership in business. By tapping highly talented young women, we hope to contribute towards building the future of not only their families but also their communities. This scholarship will support female candidates to pursue higher education on merit and will increase the number of women joining the MBA/EMBA Program of the Business School. All female applicants admitted to MBA/EMBA Program will be eligible for 50% tuition fee waiver.
This Scholarship will groom female managers and leaders of business; dramatically changing the managerial landscape of Pakistan. As these women assume leadership roles in organisations across the country, there will be a change in the culture of these organisations.
Mode of Payment
Voucher can be paid through cash, Pay Order and Bank Drafts made in favour of "Lahore University of Management Sciences" at any branch within Pakistan of following banks.