Established as a USAID financed Business School on the US MBA Model, the Institute of Public and Business Administration (IPBA) is one of the oldest business school outside North America. Programs commenced in YMCA building at Karachi with technical support from the Wharton School of Finance & Commerce, University of Pennsylvania, USA.
Subsequently, University of Southern California established facilities at IBA, assigned American professors, and developed course contents, curriculum, pedagogical tools, and assessment methods with guidance from seasoned scholars of both institutions.