STAFF REPORT KHI: Fully understanding importance of linking educational institutions and industries for stepping up the pace of industrial development in the country, Institute of Business Administration (IBA) has signed an MoU with National Bank of Pakistan (NBP) to strengthen the industry-academia relationship.
Under the MoU, NBP will provide 15 scholarships for four years, besides providing internship opportunities for students of IBA Sukkur.
Such focused linkages, which will help develop the national economy, will encourage other leading national and multinational business houses to join hands with business and engineering institutions to derive benefits from the knowledge and expertise of young enterprising minds.
This initiative will definitely help develop industrial processes as well as produce quality business graduates with business insight and acumen.
In this constructive relationship, research activities undertaken by the institutes will help entrepreneurs to improve the quality of industrial products, services and enhance the level of technological sophistication.
At the same time, the students will have a feeling of practical experience, which will be very useful in their future endeavours.
This could be the next big idea alongside developing the financial muscle and working on innovation clusters through linkages with educational institutions.”