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IoBM becomes Academic Strategic Partner for INFOSEC 2021

The Institute of Business Management (IoBM), Karachi has become an Academic Strategic Partner for the 13th International Information Security Conference 2021 (INFOSEC). A memorandum of understanding was signed with Total Communications on September 01, 2021. The signatories were Mr. Talib Karim, President IoBM, and Mr. Faisal Rahim, CEO, Total Communications. INFOSEC 2021 is scheduled for September 16. Also present were Dr. Imran Batada, CTO and Director, Center of Information and Technology, IoBM, and Mr. Hussein Hassanali, President, Information Systems Audit and Control Association (ISACA), Karachi Chapter, General Manager & Head, Technology Audit, HBL. This partnership will enable IoBM to bridge its gap with the industry. The students and faculty will learn insights about information security, its challenges, and implications through this conference.

Dr. Imran Batada said that a conference paper should be prepared to share the speakers’ views and recommendations with key stakeholders. Mr. Faisal Rahim was confident that IoBM’s presence will breed positive results. Mr. Hussein Hassanali said that conferences such as INFOSEC help develop skills among women to rise to leadership levels. Mr. Talib Karim said students and faculty enhance their knowledge and information by attending such conferences. He added that the students and faculty can collaborate with industries on academic and research projects to strengthen the academic-industry gap.

Future of Healthcare

The latest article of Dr. Imran Batada ‘Future of healthcare’ was been published in “The News” on Monday, July 19, 2021. It can be read through this link: www.thenews.com.pk/print/865958-future-of-healthcare

The healthcare industry is an important sector that should be invested in continuously. It has grown and helped to create a balance in the population. Healthcare history can be drawn back to when services were offered in hospitals, clinics, or dispensaries only. Nowadays, there are mobile hospitals, healthcare apps, doctor-patient consultation apps, therapy apps, and drones that transport medicines even to the unreachable areas. Despite this, the healthcare industry is still facing massive disruption. Various innovations have helped provide better healthcare insights.

Let’s take the example of AI and Machine Learning interpretations which have helped in the classification of certain diseases, infections and even interpreted how things will turn up in the coming years. Predictive insights are important to the healthcare industry and health insurance practitioners. These insights will help us globally to not be caught off guard with disease outbreaks like the recent Covid-19 pandemic.

The healthcare industry is an important aspect and with people seeking it out more than often, they feel the need to have tools or platforms that help them find value as they search for the best healthcare services. Hence, people would readily opt to order drugs or some healthcare items through online shops that offer great prices, rather than going to search for them in physical shops.

Another amazing trend is the Value-Based Care Model which is tied to paying according to the quality of healthcare you have been given. So healthcare practitioners are rewarded when there is lower spending on patients that provides a better outcome. In the long run, this will help boost the kind of healthcare services provided. This comes with a population health management system. For this, instead of healthcare insurance companies that offer insurance when one is admitted to the hospital or is seeking some help, they offer food support, exercise plans, and health-related education. This will help create a healthier society and prevent people from falling sick easily. People will be more empowered and this will reduce mortality rates.

The healthcare system is gradually and eventually transforming digitally. As of now, most of the hospitals have digitalized patient records which is essential to track someone’s progress. At some point, there will even be a database of the patient’s history. In this system, when a patient visits a hospital, each ailment should be recorded in a certain database according to region, and whenever the same patient visits another hospital, the doctor will be able to understand the patient well by just browsing through their history and inputting the current details for future reference. Even though it may need a powerful system for that to work, it will greatly assist in diagnosing the patients in an effective manner, and will eventually reduce paperwork.

The healthcare industry has evolved and is growing with each passing day. Since there are very few certified doctors and nurses globally, digitalization is the key element for the healthcare sector. This is essential for patients who live far from healthcare facilities. Moreover, in the case of counseling, it is easy to get in touch with the therapist through a video conference, call, or app guidance. Emergency helplines are also essential when one seeks immediate help and also to reduce suicide rates. Consequently, drones are being used in the transportation of medicine.

The introduction of the electronic medical record will bring a great revolution to the healthcare system. Technology will analyze the type of visit and procedure to be undertaken. The software should ultimately allow a patient to choose a billing plan for more flexibility. This will help reduce cases of patients not being able to pay their bills fully, since billing will be directly related to the medical record.

Virtual Reality is making a great impact in the healthcare industry. In the near future, it will even be possible to watch operations being undertaken from a far-off distance. This is important for training future surgeons to practice operations. For example, VR headsets can help women in labor to visualize calmer environments to help them get through labor pain. The VR distraction will be a major player in helping people undergoing surgery from feeling too much pain. This will be a great innovation for pain management.

The global healthcare system is gradually growing and this will help provide better assistance to the sick. Globally, each government is trying its best to ensure that everyone gets access to healthy food that will help reduce people easily getting sick because of bad diets or unhealthy lifestyles. Embracing technologies will play a big role in balancing the human population. This can be seen in Pakistan, which over the years has continually looked for strategies in improving the healthcare system for the vast population.

This is through the regionalization of healthcare services and providing need-based assistance to help solve various problems. Fostering a public-private partnership will help share costs in primary healthcare so that more people can benefit. Appropriate training should be undertaken to ensure there is appropriate gender sensitivity.

Specifically, in Pakistan, telehealth is greatly being embraced to ensure people’s needs are met without necessarily seeking medical help in a hospital. The recent Covid 19 pandemic has brought many changes in the healthcare industry. Hence many developments have been made to prevent interactions to reduce the chances of people contracting the viruses. So, if a person is not severely sick, it may be easier to get consultations over a phone or app to ensure they get better soon and to reduce unnecessary interactions if no tests are to be made. However, with digitalization, nowadays people can use self-kits to test for certain infections and viruses.

The evolution of the healthcare sector will greatly help Pakistan. The data collected from telehealth will help health practitioners know what most people are affected with and get the best strategies to curb it. In addition, there will be more relevant information for the public to take care of themselves.

The healthcare system is crucial for the growth of the population. People need to be guided on the best nutrition, hygiene, and sanitation methods to ensure they take care of themselves. Most infections and diseases are caused by people’s lifestyles. So, providing proper guidance will help make a healthier society. However, even with the evolution of healthcare, physical consultation is still important and should outdo automation. We should not only depend on the use of AI, machine learning, and robotics to help solve our health issues. It depends from case to case, but the right steps at the right time can be key to bring innovation and sustain the digitalized healthcare system.

The writer is CTO & director, Centre of Information Technology at IoBM.

He tweets @imranbatada

Web: https://imranbatada.com

Email: Imran.batada@gmail.com

5th International Conference on Islamic Banking & Finance (ICIBF-2021) Call for Papers

The Department of Accounting & Finance is going to organize the 5th International Conference on Islamic Banking & Finance (ICIBF-2021) which is scheduled to be held on 3-4 November 2021.

Theme: Challenges & Opportunities in Socio-Economic Impact, Regulations and Human Resource Perspectives of Islamic Banking and Finance Industry.

Click here for details

CES, IoBM organizes ‘WHY PHY 5.0’

WHY PHY 5.0 is a joint Project of IEEE IoBM Student Branch, SET (Society of Eglence and Technology) and IET Karachi to Promote research in robotics and its related Engineering fields in Pakistan. It is the flagship event of Electrical Engineering department and SET (departmental student society) for the last 5 years.

Click here for details

IoBM signs an MoU with Zhejiang University

Thanks to our International Office, IoBM signs an MoU with Zhejiang University, China to begin research in collaboration. Zhejiang University is on 53 QS World University Ranking with high research output. Thank you to Talib sb, Dr. Soomro, Dr. Wizarat, Kausar Saeed, Dr. Shahid Amjad, and Aqeel Baig for joining the online MoU signing on a Sunday.

President’s Innovation Steering Committee (PISC) Meeting

Office of Research, Innovation & Commercialization held the first meeting of the President’s Innovation Steering Committee (PISC) on February 6, 2021. The Committee is chaired by Mr. Bashir Jan Mohammad, Chancellor, IoBM and co-chaired by Mr. Talib S. Karim Vice-Chancellor/President IoBM.

Honored members of the Committee are Dr. M. Afzal Haque (VC, DSU), Prof. Syed Mir Muhammad Shah (VC, IBA Sukkur), Dr. M. Iqbal Choudhary (Director, ICCBS), Dr. Amjad Waheed (CEO, NFAM), Mr. Malik Ahmed Jalal (Founder, Zambeel Partners), Mr. Ubaid Ullah Chaudhry (Consultant, TDEA/USAID, Former Director Capacity Building, TAF), Mr. Salman Tufail (Director New Projects, Tufail Group), Mr. Salman Beg (Director, Enterprising Manufacturing Co. Pvt Ltd; IoBM Alumnus), Mr. Farhan Ahmed (Head of Corporate Affairs, HBL; IoBM Alumnus), Members by invitation were Deans of IoBM and team members of ORIC.

IoBM Hosts Virtual Orientation for Spring 2021

The orientation for Spring Semester 2021 was held online on Saturday, January 09, 2021. Syed Muhammad Wali Arbab (student of MS Engineering Management) recited the verses from the Holy Quran. Its translation was presented by Hania Imran (student of BS Business and Psychology). IoBM alumnus, Neha Fatima (BBA Honors – 2019) shared how IoBM helped her tackle the trials of life and how it will help the new students become a success in personal and professional domains. She recalled her senior year when her experiences at IoBM made her resilient enough to face all hurdles of life.

The Institute of Business Management (IoBM) adapted to the virtual classroom mechanism during the Covid-19 pandemic. The faculty members quickly adopted the virtual mode of teaching that helped IoBM transition from physical classroom learning to online learning. Such a technological success could not have been made possible without the guidance of IoBM’s President, Mr. Talib Karim; Executive Director, Ms. Sabina Mohsin; Dean, Dr. Syed Irfan Hyder, along with the dedicated personnel of Admissions, Academics, IT, Media, Marketing and Communications, and Finance working in cohesion.

IoBM moved a step ahead by utilizing the online medium to host the Orientation for Fall semester 2020. However, on Saturday, January 09, 2021, IoBM held its second virtual orientation for the Spring Semester 2021. Again, this required utmost dedication from all departments under the leadership of IoBM Management.

By accessing the link: orientation.iobm.edu.pk, students admitted to the Spring semester 2021 watched the orientation session. The session was also viewed by IoBM’s Management, Deans, HoDs, and faculty. This orientation session was hosted by Dr. Mehvish Saleem, HoD, Department of Communication and Languages, IoBM.

During his speech, Mr. Talib Karim, President IoBM said, “It is indeed a great pleasure to welcome our new batch of Spring semester 2021 students to IoBM.” He said that all students were admitted after a competitive admissions process. Mr. Talib Karim said that the new students of Spring semester 2021 have joined IoBM at challenging times. Because of Covid-19, IoBM suspended physical classes in March 2020. However, most of the faculty members were already using the Learning Management System (LMS). They shared the mechanism of conducting classes on LMS among their colleagues. President IoBM shared that without a gap of a single day IoBM switched from conducting classes physical to hold them virtually. Mr. Talib Karim congratulated the faculty members and management staff who were able to adapt to this new challenge. He said that at IoBM during 2020 the Spring semester and the Summer semester were held online. By Summer semester 2020, IoBM inducted students for Fall 2020, this process was also completed online.

The President further said that in Fall 2020 IoBM was allowed to open the campus. We adapted the Hybrid teaching method. It was decided that 20 to 25% of the students were requested to visit IoBM to take physical classes. The rest of the students were asked to take online sessions. Therefore, the faculty members conducted physical classes on campus with most of the students attending the session online. During these days, IoBM also held 35 to 40% exams on campus. These were quantitative-based exams. However, when the situation detonated because of Covid-19 in December 2020, it was not difficult for IoBM to revert to the online teaching method. Mr. President said that if the situation does not improve by the time the Spring semester 2021 begins, then online learning will continue until IoBM can begin physical classes. When sharing about LMS, Mr. Talib Karim said that Moodle is an effective tool for online learning. Each student will be assigned an ID and they will be able to adapt to the platform.

Mr. Talib Karim advised the students to always love Pakistan as it has given us a lot. It has a plethora of natural resources: desert, mountains, oceans, rivers, open land. Respect what Allah has given us, take care of it, and contribute positively. He said, “your parents have sacrificed a lot for you to be here. You could not have been here without their support.” He also advised the new students to respect their teachers. “Teachers are an important component of our life as you learn from them.”

Earlier, Dr. Syed Irfan Hyder, Dean CBM, during his Welcome Address, said that students should come to IoBM to learn more about their areas of study and see themselves as students of higher learning. He mentioned creativity, collaboration, and communication as the skills for professional growth that the students must learn and follow. He said that a plethora of mediums are being used to conduct communication in digital media. Each student must be equipped with the mastery of expressing thoughts and opinions through such means. He also advised students to create a strong collaboration with their IoBM classmates, seniors, and juniors. These contacts will help students experience and facilitate professional growth.

The orientation session for Spring semester 2021 was streamed live across Pakistan and the world through a dedicated server. Support staff from IT and Media remained on standby to avert any technical glitch that they may encounter. During the orientation session, IoBM students and alumni also shared their experiences. They enlightened the new students on how IoBM and the academic journey they will go through will make them overcome their weaknesses and develop their strengths.

DG Parks and Horticulture, Taha Saleem, visits IoBM

The Institute of Business Management (IoBM) is collaborating in corporate social responsibility (CSR) initiative with the Karachi Metropolitan Corporation (KMC). IoBM and KMC with close coordination with the office of Parks and Horticulture Karachi will initiate “#LetsGreenKarachi” project. It is a sustainable plantation drive to be held across the city. The first stakeholder meeting in this regard was held on Saturday, October 17, 2020, at IoBM. Director General Parks and Horticulture Karachi, Mr. Taha Saleem, an IoBM alumnus, along with stakeholders of this project attended this meeting. The participants decided on the areas where the tree plantation drives will be initiated. They also discussed various strategic objectives of this project. Besides the presence of Mr. Talib Karim, President IoBM; Dr. Syed Irfan Hyder, Rector IoBM, this meeting was attended by Dr. Shahid Amjad, HoD Environment & Energy Dept., IoBM; Mr. Salman Tufail, Director, Tufail Group; Mr. Salman Mahmud, CEO Future Agritech, Mr. Taufiq Pasha, Horticulture Expert, Mufti Faisal Japanwala, and members of the IoBM Alumni Association.

Guest speaker session on Corporate Law

The Department of Commercial and Professional Studies, Institute of Business Management (IoBM), amid the guidance of its HoD, Mr. Sartaj Qasim, invited Barrister Naseem Ahmed Bajwa to talk on Contract Law at the IoBM Auditorium on Thursday, March 14, 2019.

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