In 1984, Syed Babar Ali recognized the shortage of qualified managers in the country. He proposed to establish a world-class university that would attract and retain the highest caliber of students and faculty. He shared this idea with fellow businessman and close friend, Abdul Razak Dawood, who was in full support of the vision.<ref>Template:Cite web</ref><ref>Template:Cite news</ref><ref>Template:Cite web</ref> The university has since then expanded, launching a liberal arts undergraduate school in 1994, an engineering school in 2008, a law school in 2004 and an education school in 2017.<ref name="History of LUMS" /><ref name="The Nation, Pakistan">Template:Cite news</ref><ref>Template:Cite web</ref> The university launched a National Outreach Programme (NOP) in 2001 to provide financial aid to students<ref>Template:Cite web</ref> and in 2015, in partnership with Afghan government, launched a scholarship programme for Afghan students to diversify its student body.<ref>Template:Cite web</ref>
The university was granted a charter by the government of Pakistan in 1985.<ref>Template:Cite web</ref> The LUMS Board of Trustees comprises members of the domestic business community, academics and government representatives. The principal functions of the board are to set policy guidelines and to review the operations of the university. The Board of Governors, as the sponsor of LUMS, raises funds for the university's operation and maintenance.<ref>Template:Cite web</ref> In 1986, a business school by the name of Lahore Business School was established for an MBA Programme. Later the school was renamed and is known as Suleman Dawood School of Business.<ref name="tribuneindia.com">Template:Cite web</ref>
After the construction of the current campus, LUMS started undergraduate programmes in Economics and Computer Sciences in 1994. In 1996, the School of Arts and Science was introduced to oversee the undergraduate programmes.<ref name="tribuneindia.com" /> LUMS established the School of Humanities, Social Sciences and Law to oversee the Social Sciences, Economics and Law departments. The School of Sciences and Engineering, for the disciplines of Mathematics, Computer Science and other science subjects, was established in 2008.<ref name="tribuneindia.com" /> In 2016, the university charges Rs. 272,400 tuition fee per semester for undergraduate students.<ref>Template:Cite web</ref> From 2020, the university changed the fee structure to a credit-based system. For the year 2021–2022, the per credit hour tuition fee was Rs. 23,760.<ref>Template:Cite web</ref>
LUMS launched the National Outreach Programme (NOP) in 2001<ref name="tribuneindia.com" /> to reach out to bright students from underprivileged areas of Pakistan. Under this initiative, induction of selected candidates into the academic programs is facilitated by preparation for the university's admission criteria and then by a provision of full financial assistance to those who qualify. Many students are admitted to LUMS on the basis of the NOP. There are very few number of scholarships that are offered on need/academic achievement basis. LUMS loan scheme covers 20%-100% of the tuition fee component of the student. LUMS loans are interest-free.<ref>Template:Cite web</ref>
According to LUMS, it has disbursed PKR 3.2 billion in financial assistance, with approximately 30% of the student body receiving some form of financial assistance each year. During the academic year 2015-16 alone, LUMS disbursed more than PKR 500 Million as financial aid to its students. As of 2016, more than 800 scholars have benefited from the LUMS National Outreach Programme (NOP).<ref>Template:Cite web</ref> In 2017, the Shahid Hussain Foundation established scholarships for international undergraduate students from South Asian Association for Regional Cooperation member countries.<ref>Template:Cite news</ref> LUMS also offers a variety of scholarships to MBA students such as SAARC scholarship, MCB interest-free loans.<ref>Template:Cite web</ref> It is the only institute in Pakistan offering the Asian Development Bank-Japan Scholarship Program (ADB-JSP).<ref>Template:Cite web</ref><ref>Template:Cite web</ref>
Not-for-profit status
LUMS is a federally chartered university and is approved as a not-for-profit organisation under section 2(36) of Income TaxOrdinance, 2001 in terms of provisions of Clause 63 of Part IV of Second Schedule to the Ordinance. Any individual or organisation making donations to LUMS is entitled to a tax credit under section 61 of Income Tax Ordinance, 2001. Moreover, the university has been granted exemption from the levy of income tax under Section 159 of the Ordinance, thus, tax is not deductible on payments made to the university.
The oldest building at LUMS is the two-storey Academic Block designed by Habib Fida Ali which spreads over an area of 150,000 sq. ft. The Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS) is based in this building.<ref name=":0">Template:Cite news</ref> The five-storey Suleman Dawood School of Business (SDSB) building occupies an area of 160,000 sq. ft, and accommodates over 1300 students. The Syed Babar Ali School of Science and Engineering (SBASSE) is based in a 5-storey building which covers an area of 300,000 sq. ft; the building includes a 10MW electrical grid station and 20 research labs.<ref name=":0" /> The latest addition to the building is National Incubation Center in the basement. The Shaikh Ahmad Hassan School of Law (SAHSOL) spreads over an area of 78,000 sq. ft and comprises auditoriums, discussion rooms, faculty offices, meeting rooms, the Centre for Chinese Legal Studies and a state of the art moot court which is a replica of the courtroom of the Chief Justice of the Lahore High Court.<ref>Template:Cite web</ref>
More than half of the student body at LUMS lives on campus, which includes seven male and five female hostels. The Syed Maratab Ali Sports Complex includes a school gym and sports facilities for basketball, tennis, cricket and squash.<ref name=":0" /> The Pepsi Dining Centre (PDC) covers an area of 14,000 sq. ft, and was funded by PepsiCo.<ref>Template:Cite web</ref> The Coca-Cola Aquatic Centre includes an Olympic-size swimming pool and is funded by a Rs. 22 million grant from the Coca-Cola Company.<ref>Template:Cite news</ref> A new female hostel (F6) is being constructed with Rs. 350 million in funding from the Syed Babar Ali Foundation. The new hostel building will be able to accommodate an additional 504 female students and will provide additional facilities such as breakout places, tea and coffee kiosks, and an open courtyard.<ref>Template:Cite web</ref>
The LUMS library provides services that include loans, online information searching, reference services, inter-library loan, document delivery, photocopying, viewing of audiovisual and microfilm materials, access to virtual collections and digital resources, CD-ROM and online searching. It has a collection of 350,000 volumes, 128,000 e-books and 35,000 e-Journals.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> The library has a multidisciplinary wing (the Khalid Ishaq Wing) dedicated to jurist and scholar Khalid M. Ishaq, who donated 92,957 books from his collection to the library.<ref>Template:Cite web</ref>
The campus also hosts a variety of animals. The most common animals found on campus are cats. The friendly cats are protected and fed by the Animal Welfare Society at LUMS.
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Shaikh Ahmad Hassan School of Law
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LUMS School of Education
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The university provides 21 undergraduate majors and 26 graduate degrees. The university consists of five schools which are further divided into various departments.
The Suleman Dawood School of Business was the first school established at LUMS in 1986. The school's curriculum was designed in partnership with Harvard Business School and Ivey Business School. The school offers full-time MBA, a week-end Executive MBA, a course-based PhD Management and Bachelor's programmes in Accounting and Finance and Management Science.<ref>Template:Cite web</ref> The school also offers minors in public management and computational finance. The school is led by Dr Fazal Jawad Seyyed along with Dr. Faiza Ali, Dr. Adeel Zaffar, Dr. Zehra Waheed and Dr. Tanveer Shehzad serving as Associate Deans' of Research, External Relations, Undergraduate Academics and Graduate Academics respectively. Between 2018 and 2023, the School was headed by Professor Alnoor Bhimani.
File:Suleman Dawood School Of Business.jpgThe Suleman Dawood School of Business at Lahore University of Management Sciences was ranked among world's top 250 business schools by QS rankings in 2020. It is the only AACSB accredited business school in Pakistan.
On 14 November 2020, SBSD introduced hybrid class structure to balance safety and class-instruction quality during the coronavirus pandemic led by Dr. Syed Aun R. Rizvi then Associate Dean Academics.<ref>Template:Cite web</ref> In 2020, SBSD's Muhammad Abdullah scored the highest marks and was declared the global winner in ACCA's Strategic Business Reporting exam.<ref>Template:Cite web</ref>
Mushtaq Ahmad Gurmani School of Humanities and Social Sciences
The School of Humanities and Social Sciences, named after Mushtaq Ahmed Gurmani, consists of the Department of Humanities and Social Sciences and the Department of Economics. DHSS offers undergraduate degrees in Anthropology/Sociology, History, English and Political Science, as well as a combined programme in Politics and Economics in conjunction with the Economics Department. The school also offers minors in political Science, Economics, History, English literature, Urdu literature, Religious studies, Sociology/Anthropology.
Started in 1999, the Department of Humanities and Social Science is home to disciplines in the Social Science and Humanities including Anthropology and Sociology, Literature, Philosophy, Political Science, Psychology and History.<ref>Template:Cite web</ref> The Economics Department offers four-year undergraduate programmes in Economics (the first class graduated in 1997), economics and mathematics and a graduate programme in Economics (the first class graduated in 2002). Economics is one of the most popular majors at LUMS and a significant percentage of the student body at LUMS studies Economics as a major, as part of a joint degree programme or as a minor.<ref>Template:Cite web</ref> The school is headed by Dr. Ali Khan.
File:Lums main building interior.jpgCenter boulevard inside Mushtaq Ahmad Gurmani School of Humanities and Social Sciences at Lahore University of Management Sciences
The School of Science and Engineering, named after Syed Babar Ali, is a school within LUMS modelled on MIT no boundaries approach. It offers undergraduate programs in Biology, Chemistry, Chemical Engineering, Computer Science, Electrical Engineering, Mathematics and Physics; and graduate programs in Computer Science, chemistry, physics, electrical engineering and Mathematics.<ref>Template:Cite web</ref> A vast majority of BS graduates join leading graduate and Phd programs of some of the leading universities of the world such including ETH Zürich, MIT, Cornell, UC Berkeley, Stanford and Dartmouth college. The school is headed by Dr. Muhammad Sabieh Anwar.<ref>Template:Cite web</ref>
The groundbreaking ceremony of LUMS' fourth school, Shaikh Ahmad Hassan School of Law, took place on Saturday, 5 April 2014 on campus. The chief guest at the ceremony was the Chief Justice of Pakistan, Justice Tassaduq Hussain Jillani. The law school has been named after (late) Shaikh Ahmad Hassan. The establishment of SAHSOL has grown out of the LUMS Department of Law and Policy, which has been functioning since 2004, offers a 5-year joint BA-LL.B undergraduate programme, accredited by the Pakistan Bar Council.<ref>Template:Cite web</ref> The school is led by Sadaf Aziz.
Syed Ahsan Ali and Syed Maratib Ali School of Education
On 6 January 2017, LUMS announced the establishment of its fifth school, the Syed Ahsan Ali and Syed Maratib Ali School of Education. The exploratory phase for the LUMS School of Education was initiated in October 2015 with funding from the Babar Ali Foundation. According to university sources, over the course of the project phase, the team established local, regional and international links through events such as the inaugural Education Roundtable at LUMS in March 2016.<ref>Template:Cite news</ref>
The school will be home to the following programs, starting in Fall 2018.
Sakhawat Ali, recipient of National Innovation Award for his work in environmental sustainability and social entrepreneurship.<ref>Template:Cite web</ref>
The Office of Sponsored Programmes and Research (OSPR) of LUMS is responsible for promoting research at the university. The office is led by Shafay Shamail (PhD, Bath).<ref>Template:Cite news</ref> Between 2010 and 2014, the university spent PKR 680 million (or about $6.5 million) in research. During this period about LUMS faculty published 1287 research papers and received 80 external grants.<ref>Template:Cite web</ref>
The Suleman Dawood School of Business has produced more than 600 case studies and has published one of Asia's leading case research journals. Case studies written at LUMS are now used in universities across the world, including MBA programs in other Pakistani universities. In 2011, a case study written at LUMS by Shazib Shaikh and Zahoor Hassan won the Ruth Greene Memorial Award of the North American Case Research Association (NACRA) for the best case written outside North America.<ref name="autogenerated1">Template:Cite web</ref>
The LUMS School of Science and Engineering has published in international journals in Chemistry, Biology, Mathematics, Physics, Computer Science and Electrical Engineering.
Technology for People Initiative (TPI) is technology and design nonprofit centre at the Lahore University of Management Sciences in Lahore, Pakistan. It is focused on solving governance problems in the public sector through design thinking, prototyping and iteration. TPI's past and ongoing projects include evidence based policing for Lahore Police, CourtBeat for judicial courts, mapping rural Pakistan and the Bahawalpur Service Delivery Unit. The centre was founded in April 2012 with a seed grant from Google.org.<ref>Template:Cite web</ref>
Rausing Executive Development Centre, Lahore University of Management Sciences
REDC placed under the aegis of the Suleman Dawood School of Business at LUMS, Rausing Executive Development Centre has been pioneering executive education in Pakistan. It is housed in a purpose built facility. From three programmes in 1989, REDC now lists 21 programmes in its annual calendar for Open Programmes and conducts 70 programmes every year inclusive of customized programmes.
Other prominent research and development centres at the university include:<ref>Template:Cite web</ref>
Centre for Water Informatics and Technology<ref>Template:Cite web</ref>
Centre for Business and Society
National Incubation Centre Lahore
LUMS Energy Institute
The National Centre in Big Data and Cloud Computing
The advisory board of the university consists of leading academics from around the world, current members of the board include:<ref>Template:Cite web</ref>
LUMS Emergency Medical Services, Pakistan's ever student-managed EMS established in a university campus with technical assistance from Rescue 1122 in 2008-09
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