Lahore University of Management Sciences (LUMS) (جامعۂ لاہور برائے علومِ انتظامیات) is a private research university, located in Lahore, Punjab, Pakistan.
In 1983, Syed Babar Ali, a renowned businessman in Pakistan, 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.