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). Current 2025-2026 official merit formula: HSC/Academic record (40%) + IBA Aptitude Test or SAT (60%). HSC minimum 60% required for eligibility. SAT scores accepted; top SAT scorers eligible for direct admission/interview.