Khyber Pakhtunkhwa Governor Barrister Masood Kausar here Wednesday appreciated the working and achievements of the Hayatabad Institute of Management Sciences in promotion of education.
Presiding over the 17th Meeting of the Board of Governors of the Institute at Governor’s House, Peshawar, the Governor who is also its chairman said that indeed a market demand based strategy can be the best option in making this institution a goal oriented in real terms.
He said the IMS needs to maintain the standards and bring further improvement in all respects.
Besides the provincial minister for Higher Education, Qazi Muhammad Assad Khan, Chief Secretary, Ghulam Dastagir Akhtar, provincial secretary higher education, Farah Hamed Khan, Secretary to Governor, Muhammad Abid Majeed and the representative of provincial Finance department, the meeting was also attended by the Vice Chancellor of the University of Peshawar, Prof. Dr. Qibla Ayaz, President of the Khyber Pakhtunkhwa Chamber of the Commerce and Industries, Dr. Muhammad Yousaf Sarwar and others.
The Board was informed that the Institute with almost 3000 enrolments and 91 faculty members including 27 with PhD level studies provides scholarships to the tune of Rs.177.44 million annually from which 45% of its students are benefited.
The ratio of teaching staff with PhD level studies, it was added, is going to be doubled in near future on return of its all faculty members seeking higher studies abroad presently.
The meeting was further informed that the institute is availing the advantage of linkages with institutions of international repute including the four UK based ones efficiently and its 40 faculty members, besides a number of students availed sponsorships to attend seminars and in getting higher studies over there.
The meeting at the very outset while acceding to the recommendations of the Search Committee constituted by the provincial government, approved the appointment of Dr Muhammad Muhsin as Director of the Institute who was already working against the post on acting charge basis for quite some time as well as replacement of certain members of the board on superannuation of their tenures.
The board also approved the budgetary estimates for the Year, 2012-13 and the actual budgetary expenditures for the year, 2011-12 as well as minutes of its previous proceedings.
Meanwhile, Dr Muhammad Muhsin while apprising the Board about the prevailing state of working of the institution as well as its future requirements said that their entire system administrative, financial management and examination systems are electronic governance based and they are engaged in the continuous process of bringing further improvement in all sphere of the academic environment at the campus.
He also thanked the Khyber Pakhtunkhwa Governor Barrister Masood Kausar as well as the provincial government for extending due patronage to the Institute.
