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A team of four advisors from the world famous Wharton School of Finance, University of Pennsylvania visited Karachi during the last quarter of 1954. Dr. Hoffman led the team. The Institute of Public and Business Administration was created by a resolution passed by the syndicate of Karachi University and a Board of Governors was formed to run the institute.
Public and Business Administration (IPBA), Pakistan Institute of International Affairs (PIIA)
"Pennsylvania Team Visit 1954" (Unpublished institutional document) / Institute of Public and Business Administration, 1954, Retrieved from https://ir.iba.edu.pk/historical-documents/33