Lahore University of Management Sciences (LUMS), Lahore

The operations of the University which functions on no-profit, no-loss basis.

  • Lahore University of Management Sciences (LUMS), Lahore
  • +92 42 3560 8000
  • [email protected]
  • https://lums.edu.pk/

Description

HISTORY

The Lahore University of Management Sciences (LUMS) is a world class academic institution with a proud history of achievement, and ambitious plans for the future. The idea of establishing the university took root in the mind of Syed Babar Ali, Pro Chancellor, LUMS who is the guiding spirit behind the university. With his resilient efforts and patronage of the business community, academia and representatives of the government, started the establishment of what was to become one of the leading universities of South Asia.

 

With support of ten of the leading public and private sector corporations of Pakistan, the National Management Foundation (NMF), the sponsoring body of the University, was incorporated on November 7, 1984. The NMF was granted a charter by the Government of Pakistan for establishing the University on March 8, 1985. Through this charter, the University was given the legal right to establish degree-granting programmes. In addition to this, the government also granted authorisation to set up other schools under the aegis of the "Lahore University of Management Sciences".

 

The Board of Governors of the NMF, being the sponsors of LUMS, raise the necessary funds for the University’s operations and meet its infra-structure requirements. Consequently all land and university buildings are owned by NMF. Many members of the Board are representatives of the business community and form a crucial link between the University and the business world. The Board of Trustees, the policy-making body of the University, comprises leading members of the business community, academia and representatives of the government. The principal functions of the Board are to set broad policy guidelines and to review the operations of the University which functions on no-profit, no-loss basis.

 

Since its inception in 1985, LUMS has strived to achieve the aim of imparting world class education while encouraging research and intellectual growth in the country. As a result, LUMS has played a key role in setting high standards of academics and producing professionals who can compete with counterparts from any university across the world.

 

The LUMS Business School, now known as the Suleman Dawood School of Business (SDSB) opened its doors to the first batch of MBA students in 1986. The LUMS MBA programme is first rate in standards and is based on the case methodology of teaching, which is the distinctive quality of the LUMS MBA programme. Adapted from leading business schools all over the world and then customised through local cases, this methodology has produced top business graduates of the country. The first class of MBA students graduated in 1988 and was rapidly placed in national and international companies while others became successful entrepreneurs.

 

The BSc Honours Programme at LUMS was initiated in 1994 and in 1996, the School of Arts and Sciences (SAS) was formed to administer the undergraduate programmes. The School of Arts and Sciences (SAS) initially housed the Computer Science (both BSc and MS), Economics, Social Sciences, and Mathematics majors along with the Accounting and Finance minor. Later the Accounting and Finance minor was altered into a major. In 2002, a five year, integrated, BA-LL.B degree was launched by the School of Arts and Sciences.

 

To counter the scope and diversity of the increased programmes and departments two schools were established at LUMS. The Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS) was established to oversee the Humanities and Social Sciences, Economics and Law departments and the Syed Babar Ali School of Science and Engineering (SBASSE) was established to oversee the departments of Biology, Chemistry, Computer Science, Electrical Engineering, Mathematics, and Physics.

 

Over the years, LUMS also initiated Masters programmes in Economics, Computer Science and Computer Engineering (relaunched in 2012 as MS in Electrical Engineering). An Executive MBA programme was launched in 2002 to facilitate managers and entrepreneurs. In addition, LUMS also offers a wide array of executive courses through the Rausing Executive Development Centre (REDC), which was established in 1994 with support from the Rausing family of Sweden. Since its inception the Centre has maintained its position as one of the finest institutes offering executive education in Pakistan.

 

LUMS also initiated PhD programmes in Computer Science, Computer Engineering and Mathematics in line with its aim to promote research in the country. To date, 10 candidates have obtained PhD degrees in these disciplines. In 2006, a PhD in Management was added to the list of doctoral programmes at LUMS, to cater to the growing need of organisational management and operations management experts.

 

In 2011, two majors were introduced to the undergraduate programmes at LUMS. The School of Humanities, Social Sciences and Law added a BA History to their extensive list of majors. The Suleman Dawood School of Business started offering a BSc in Management Science to cater to the increased demand of a business major at the undergraduate level. Living up to its commitment of offering new graduate programmes, the university added new MS and PhD programmes to the portfolio of the School of Science and Engineering in 2012. New MS degree in Electrical Engineering was introduced alongwith new doctoral programmes in Biology, Chemistry, Electrical Engineering, and Physics. Shaikh Ahmad Hassan School of Law (SAHSOL) was announced which offers BA-LL.B previously offered under the Law Department.

 

As the years unfold, the university remains committed to offering new programmes in relevant, emerging fields for the youth of the region.

 

 

 

Admission Process

STEPS TO APPLY

 

Programs

Students may apply for admission to the following four schools in LUMS:

  1. Suleman Dawood School of Business (SDSB)

  2. Mushtaq Ahmad Gurmani School of Humanities & Social Sciences (MGSHSS)

  3. Syed Babar Ali School of Science and Engineering (SBASSE)

  4. Shaikh Ahmad Hassan School of Law (SAHSOL)

LUMS offers four-year BS, BSc (Honours), and BA (Honours) degrees with the following majors, as well as a five-year BA-LLB degree:

SULEMAN DAWOOD SCHOOL OF BUSINESS

Degree

Duration

Major

BSc (Honours)

4 Year

Accounting and Finance

Management Science

MUSHTAQ AHMAD GURMANI SCHOOL OF HUMANITIES AND SOCIAL SCIENCES

SYED BABAR ALI SCHOOL OF SCIENCE AND ENGINEERING

SHAIKH AHMAD HASSAN SCHOOL OF LAW

Degree

Duration

Major

BA-LL.B

5 Year

Law and Policy

a

Fees Structure

FEE STRUCTURE 2017-18

The following fee structure is applicable for students paying full tuition fees. LUMS is proud to offer generous financial assistance to qualifying students, which ranges from partial to full coverage of tuition and living costs.

Tuition Fees

Fee

Pakistan Rupees

Cost per credit hour

 

Undergraduate

24,300 per credit hour

Graduate

22,600 per credit hour

Standard Tuition Fee

 

Undergraduate full time (12-20 credit hours)

291,600 per semester

Graduate (6 credit hours)

135,600 per semester

MBA

385,850 per semester

EMBA

360,250 per semester

 

Fee

Pakistan Rupees

Admission Fee

 

Undergraduate programmes

67,900 one-time charge

Graduate programmes

63,000 one-time charge

MBA / EMBA

78,600 one-time charge

Registration Fee

 

Undergraduate programmes

21,650 per semester

Graduate programmes

20,100 per semester

MBA / EMBA

21,050 per semester

Reading Material

 

MBA

17,750 per semester

EMBA

24,750 per semester

Lab Charges (For SBASSE Undergraduate programme only)

56,050 per semester

MBA SOP Charges

19,200 one-time charge

Security Deposit (Refundable) for MBA / EMBA

18,000 one-time charge

Security Deposit (Refundable) for Undergraduate and Graduate program

18,500 one-time charge

 

Hostel Fees

Admission Application and Related Fees FY 2017-2018

Notes:

  • Tuition at LUMS – for all programmes except MBA and EMBA – is based on the number of credit hours taken.

  • MBA and EMBA have a standard full-time tuition per semester.

  • The cost per credit-hour at LUMS for undergraduate programmes for 2017-18 is PKR 24,300. Students will be responsible for buying their own books and other reading material.

  • The cost per credit-hour at LUMS for graduate programmes (except MBA and EMBA) for 2017-18 is PKR 22,600. Students will be responsible for buying their own books and other reading material.

  • For new students, 45% Merit Scholarship will be applicable on Tution Fee only for MS Physics, MS Chemistry, MS Biology and MS Mathematics programmes only

  • For all undergraduate programmes at LUMS, full-time status requires 12 credit hours per semester. Students who have paid full-time tuition can take up to a maximum of 20 Undergraduate credit hours per semester without any additional charge (i.e., a student who has paid full-time tuition can take between 12-20 credit hours per semester without any extra charge).

  • At the graduate level (except MBA and EMBA) tuition is calculated on the basis of credit-hours taken. Typically, full-time students enrolled in graduate degrees take 6 credit hours per semester.

  • The tuition for the MBA programme is PKR 385,850 per semester and for the EMBA programme is PKR 360,250 per semester.

  • SBASSE undergraduate students will be charged Lab charges for the maximum of 4 years only. SBASSE students who require to take courses beyond this will not be charged any additional Lab charges (if 4 years have already been charged).

  • Part-time students are not eligible for financial aid or for on-campus accommodation.

  • Fees are payable by semester according to the schedule given in the Annual Fee bill.

  • Fees for Transfer, Visiting and Auditing students will be charged according to the standard per credit hour rate.

  • 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 (if Student Payable exceeds Rs. 200,000/- per annum excluding the amount refundable).

  • 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.

  • In case of withdrawal from the program, fee will be refunded according to the refund policy available at LUMS website.

  • University fees are usually announced once each year, for the following academic year. However, tuition and fees are subject to change without notice.

  • Fee payment instructions are given on the fee voucher; LUMS also has an online payment facility.