There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Pakistan is home to the Indus Valley civilization, which is amongst the oldest in the world. English is the official language used in all government and most educational and business entities, and is also understood and spoken at varying levels of competence by many people around Pakistan, especially the upper classes and people who have gone through higher levels of education, and those residing in the larger cities.

A master of business administration (MBA) is a professional degree given to those who study business management at a business school. Various forms of analysis and strategy are covered including operations, marketing, finance, and accounting.