TL;DR: Institute of Business Administration Karachi (also known as IBA Karachi) is a Unknown university located in Karachi, Sindh, Pakistan. It is recognized by HEC and offers admissions based on merit, evaluated using entrance tests like IBA Aptitude Test, SAT, ACT.IBA Karachi is Pakistan's oldest business school (1955). IBA uses holistic admissions — no published merit formula. Admission based on IBA Aptitude Test + Group Discussion + Interview. HSC marks (60-65% minimum) are eligibility criteria only, not weighted in merit. SAT/ACT accepted for test exemption.