IMSciences has developed centers of excellence that are dedicated to developing academic fields and functional responsibilities in high growth areas with little current academic provision. To meet these needs, the centers are engaged in providing vital training services, certifications, and research input to government sector, bilateral, and multilateral agencies.
The HRDC is one of the premier and most accomplished centers of the Institute. It was established in 2003 in line with the Institute’s strategic imperative to enhance and strengthen its overall scope not only in terms of academic programs but also through subject/discipline specific centers. Besides conducting applied and need-based research to generate knowledge, the centre also assists the Institute to improve and enrich its own organizational structure as well as that of other public and private sector organizations by providing intensive human resource training and capacity building program.
HRDC operates on the entrepreneurial philosophy of self-reliance and self-sustenance: all projects and day to-day operations are dependent on the resources generated by the HRDC network. In this way, the HRDC makes tangible contributions to its parent organization besides adding to the overall value.
In 2009-10, the center conducted Capacity Building, Research & Development, and Technical Assistance projects with:
In 2009-10, about 4672 government functionaries, corporate managers, potential female leaders and local government representatives, CSO staff, Ulema, and Community leaders were the direct beneficiaries of the training programmes conducted by the HRDC. More..
The Centre for Excellence in Islamic Finance (CEIF) is collaboratively established by the Institute of Management Sciences, Peshawar, State Bank of Pakistan, and the UK’s Department for International Development (DFID) to spur financial inclusion in Pakistan.
The strategy of the CEIF is designed on threefold orientations namely academia, research, and industry efforts to boost-up Islamic finance and financial inclusion through it. The CEIF provides a long-term and sustained platform through which the educationalists, researchers, and practitioners alike take benefit to holistically advance the Islamic Finance and hence the financial inclusion of society.
The CEIF is established through a highly competitive process started in January 2015. The Federal Finance Minister Pakistan, the Governor State Bank of Pakistan, and the Chairman Higher Education Commission have jointly invited the VCs of Universities in Pakistan to submit proposals for the establishment of the centres. After multiple stages, competitive evaluations and presentations IMScineces is awarded the Financial innovation challenge fund to establish the CEIF, alongside LUMS and IBA, the two other leading business schools in the country. Since, then CEIF IMSciences became the country’s largest Islamic finance education provider, offering PhD, MBA, and PGD in Islamic finance. CEIF has also produced cutting-edge research and industry impact in collaboration with the world leading resource centres such as Durham Centre for Islamic Finance, IRTI, Islamic Development Bank, Brunel University UK, and All Islamic Banks in the Country"
One of the strategic objectives of IMSciences is its commitment to creating a center of excellence for health management, health economics, and health policy research with national and international recognition for efficient and effective utilization of health care resources. The motto of IMSciences Center of Excellence in Health Management is “Advancing Knowledge, Improving Health”. Under the aegis of the Center, the Institute is running Masters in Public Health (MPH) Program. Extension of MPH program to IbnSina, Kabul, Afghanistan is a substantiation of growing international validation and acceptance of IMSciences MPH program.
The Center of Excellence in Micro-finance has been established at IMSciences to strengthen micro-finance sector through development of appropriate knowledge and skilled human resource that create conducive environment for effectiveness of micro-finance programs as a strategy for poverty alleviation. This new initiative in the discipline of Micro-finance has been set up with the purpose of addressing the huge capacity building gap that exists in this sector. It is expected to create a cadre of trained managers and leaders who will further lead the micro-finance movement.
Technology and Business Incubation Center (TBIC)
The Technology and Business Incubation Center is a collaboration of UET Peshawar, IMSciences and other allied institutions i.e. SMEDA and Chamber of Commerce and Industrial Association. The Business Incubator’s mission is to serve as an incubator offering assistance for early stage firms and the creation of new start-up businesses. The Incubator will help nurture entrepreneurial community and economic development by providing affordable office space and services, training, mentoring, and a network of professional advisors.
Services offered at TBIC include:
The centre will serve incubates initially operating small businesses in diverse manufacturing, service industries and/or dealing in non-traditional products for three years.
Center for Public Policy Research (CPPR)
The Center for Public Policy Research at the Institute of Management Sciences (IMSciences) serves as an independent Peshawar-based think tank on public policy and related issues, producing key pieces of policy-oriented research and providing capacity building of public sector professionals in Khyber Pakhtunkhwa. Based on its impartial and nonpartisan approach, the CPPR has been arranging seminars, symposiums, debates, panel discussions, workshops, lectures and talks on various aspects of social, political and economic policies in Pakistan, in general, and Khyber Pakhtunkhwa /FATA, in particular.
Research and Development Division
The Institute has a Research and Development Division, devoted to the academic and empirical research in the fields of business, industry, public enterprises and other related areas. Besides harnessing students’ zest for research and analysis, such an initiative provides opportunity to the Center to play its vital role in national development by identifying problems and suggesting solutions which are practicable, viable and feasible. The Division helps facilitate, coordinate and cooperate in research projects and programs undertaken by sister research Institutions anywhere at home and abroad.
“EDC is working for the betterment and social welfare of the students. We are trying to make something good and tangible for the future of Pakistan that is the youth of Pakistan.”
With the dynamic environment in the business market the corporate sector is taking steps to keep pace with the changing trends. Entrepreneurship & innovation go side by side for the economic growth & social transformation of a country. Its importance should be realized by the Govt. policy makers, corporate sector, researchers & academia of Pakistan in order to combat the challenges of globalization. It means that progress made at the local level should be brought at par with those of global progresses otherwise we would lag behind in the field of economic development & its effects on the economy would be drastic. Already our economy is in recession. Therefore, it is high time that we start giving it a serious thought.
Lincoln Reading Lounge
The Lincoln Reading Lounge Peshawar is located in the central library of Institute Of Management Sciences Hayatabad,Peshawar, inaugurated on December 4, 2014.
Created through a partnership between the Public Affairs section of the US Consulate General in Peshawar and IMSciences, the Lincoln Reading Lounge is one of 18 such centers established so far in Pakistan.
The Lincoln Reading Lounge, at IMSciences Hayatabad Peshawar houses more than 300 books, documentary DVDs, and magazines. It also provides online access to more than 80,000 books, journals, and other learning resources through the eLibrary USA digital library. The new center also includes an audio-visual corner, internet terminals, and a digital conferencing facility.
The Center is open to IMSciences students, teachers, scholars and their visitors from morning till afternoon and provides up-to-date information on American people, history, society, geography, government and popular culture.
The Business Incubation Centre (BIC), IMSciences is established with the assistance of Higher Education Commission (HEC), Pakistan in order to promote entrepreneurship in the region. For this cause, the HEC developed necessary infrastructure in IMSciences where aspiring entrepreneurs would be groomed to advance their business ventures. The rudimentary purpose of BIC is to promote business ventures that are not only self-subsistent but also carry financial prospective.
The incubated startups are exposed to a number of services and resources beneficial for their business development. Any successful business incubatee would prove to be an asset for the society. It would help create new technologies, more jobs, and develop a much needed entrepreneurial ecosystem in the region.