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To be eligible for the award of Master of Business Administration (1½ year), the candidates are required to complete course work program by attending minimum three semesters, at least 36 credit hours with a minimum Cumulative Grade Point Average of 2.30 out of 4. To be eligible for the award of MBA (3½ -year) candidates are required to complete at least 96 credit hours course work program by attending minimum 7-semester with at least Cumulative Grade Point Average of 2.30 out of 4. Retention of foreign currency received by Pakistani insurance companies is not permissible except with the special permission of the State Bank. Premia collected by them in foreign currency must, therefore, be sold to an Authorised Dealer. There is, however, no objection to the settlement of reinsurance accounts through the non-resident reinsurers. Director General Premia on foreign currency policies issued by insurance companies in Pakistan, in respect of foreign nationals resident in Pakistan, can be

He emphasized that without equal educational and employment opportunities, social mobility cannot be attained. Dr. Husain encouraged the audience to think beyond their own progression and to enable the less privileged in achieving a better life and economic stability. Naqvi stated that it was an honour to write a biography on Dr. Husain. Attendees included the IBA faculty, students and alumni, media, members from the academia, corporate sector and diplomatic corps. In Myanmar where he served from 1996 to 2006, he was instrumental in developing, negotiating and managing a three-tier programme to assist the Autonomous Wa cease-fire group phase out opium cultivation. The Foundation has also constructed a Hydrotherapy Swimming Pool and a Speech Therapy Department at the Rising Sun Institute Mughalpura Campus for Special Children. The Foundation also donated 2-Kanal Land along with paying for the construction cost of a state-of-the-art Abdur Raheem Khan Campus, Mughalpura for the educat