KARACHI: An auto industry management degree programme has been launched by the Muhammad Ali Jinnah University (MAJU). An official from the institution said on Monday that MAJU and reconditioned cars’ global export company SBT Japan’s Karachi chapter have signed a memorandum of understanding (MoU) to start a new MBA programme in automotive industry management from next year. MAJU President Prof Dr Zubair Shaikh and SBT Japan Head of Operations Musharraf Hussain signed the MoU.
Associate deans from the institute, Dr Asim Imdad and Dr Shujaat Mubarak, Assistant Professor Sundus Raoof and other SBT officials were present on the occasion. According to the MoU, MAJU’s management sciences department will launch a two-year MBA degree programme in Automotive Industry Management sometime next year for working professionals. This new degree programme will begin as per academic policies and procedures laid down by the university.
Once this academic programme starts, MAJU will adjust SBT employees in MBA programme as per admission policy of the varsity. A 75% wavier in the admission fee and a 25% wavier in course fees will be provided to the employees of SBT, who will be allowed to pay these charges in two installments.
MAJU will be developing a consortium with manufacturer to promote research and development while SBT will provide a few visiting faculty members for the degree programme. Dr Shaikh, while expressing his satisfaction over the signing of the MoU, said that MAJU’s collaboration with SBT Japan’s Karachi chapter has initiated a link to fill the gap between academia and industry. He said that such collaborations between industry and academia are extremely important for education, especially for higher education.
He added that due to rapid evolution of the business environment and the vast transformation throughout the academic realm, the collaboration between the two is a way forward. He said that companies which lack close relationships to academic communities advance slowly and miss out on early access to the latest research results and methodologies.
“By staying out of touch with a university, its students and young professionals become less attractive to employers,” he said.