University of Management and Technology (UMT) (Urdu: یونیورسٹی آف مینیجمنٹ اینڈ ٹکنالوجی) is a modern private-sector university located in Lahore, Pakistan. UMT is Government chartered University and is recognized by the Higher Education Commission (HEC) and Pakistan Engineering Council (PEC) of Pakistan. UMT is a project of ILM Trust. It is an independent, non-for-profit private organization. UMT was founded in 1990 as the Institute of Leadership and Management (ILM). ILM was established by leading educationalists, professionals, and industrialists with an aim to enhance the organizational and individual effectiveness. Guided by the noble mission of helping others in actualizing their limitless human potential to its finest shape, ILM sought to respond to the challenges of information-based economy, globalization, and ever increasing complexity. UMT – now an independent, not-for-profit, private institution of higher learning – received her degree-granting charter first as the Institute of Management and Technology (IMT) in 2002 through an Act of the Assembly of the Punjab.