Bahauddin Zakariya University, Multan is one of the top ranking public sector university in Pakistan. It has emerged as one of the prime institutions of the South Punjab region. As of 2019, over 25000 students are enrolled in various departments and institutes of the university.

Institute of Banking and Finance (IBF) was established in 2009, with the vision to impart quality education to students from Multan and other adjoining areas. The degree programs being offered at the institute have been designed in accordance with the industry requirements. The curriculum has been prepared in consultation with the corporate advisory council, that comprises of renowned academicians and leading industrialists of the Multan region. Apart from the regular academic activities, the Institute of Banking and Finance has been regularly organizing various seminars, conferences and workshops for its students and faculty.