The Institute of Business Administration (IBA), Karachi and a real estate organisation, AAA Associates, have collaborated to introduce a scholarship endowment fund: AAA Associates Scholarship Endowment.

A Memorandum of Understanding (MoU) was signed between Executive Director, IBA, Dr S Akbar Zaidi and Managing Director, AAA Associates, Shahzad Ali Kiani, at the main campus. According to the press release, the motive of this initiative is to push forward the university’s financial assistance programme for meritorious students with the aid of the AAA.

Dawn News has reported that IBA supports approximately 30% of its student body every year through its financial assistance program.