Lahore – Punjab University is prioritizing skills-based education to prepare students for a rapidly changing job market, according to remarks made by Vice Chancellor Prof Dr Muhammad Ali on Wednesday, December 17, 2025. The announcement came during the 10th International Conference hosted by the university’s Hailey College of Banking and Finance (HCBF).
Focus on Future-Ready Skills
Dr. Ali stressed the need for educational reform, advocating a shift away from traditional rote learning methods and toward a curriculum aligned with those of developed nations. He stated that students are now being trained to make decisions informed by future trends, particularly as technology continues to advance and reshape industries like agriculture through increased mechanization.
The Vice Chancellor also highlighted the growing importance of risk management, citing increasing threats from both technological advancements and natural disasters. He noted the crucial role insurance companies play in mitigating these challenges.
Insurance Sector Growth
Muhammad Hasham, Chief Operating Officer of IGI General Insurance, attended the conference and praised the development of PU HCBF under Dr. Ali’s leadership. Hasham pointed to the significant employment opportunities within Pakistan’s insurance sector, noting that over 100,000 people are currently employed in the field. He also indicated that the sector is expanding alongside the growth of the digital economy.
Hasham cautioned that information obtained through AI tools should always be verified. Dr. Iftikhar Ahmed, In-Charge of HCBF, stated that the college has seen improvements in both educational standards and infrastructure under the leadership of Principal Dr. Ahmed Muneeb Mehta.
Frequently Asked Questions
What is the main goal of Punjab University’s educational reforms?
The main goal is to transform students to learn the latest skills and move away from rote-learning, aligning the education system with those of developed countries.
What role does the insurance sector play in this context?
The insurance sector is seen as important in addressing risks associated with technological advancements and natural disasters, and it offers significant employment opportunities due to Pakistan’s large population.
What improvements have been made at Hailey College of Banking and Finance?
Under the leadership of Principal Dr. Ahmed Muneeb Mehta, the college has seen improvements in both the standard of education and its infrastructure.
Will these changes lead to increased employment opportunities for graduates in the coming years?