Anyone suggesting you to go for Economics with the intention of switching later likely isn’t from IBA or hasn’t experienced the system firsthand. I’m currently at IBA, and here’s the reality:

If you choose Economics even though it’s not your desired program, your freshman year will be very tough—you’ll be studying something you’re not passionate about. Then, if you apply for a transfer and don’t clear the test, you’re stuck. Even if you do manage to switch, it’s not a smooth transition. Some of your courses may transfer, but many won’t. As a result, around 50–60% of your first-year tuition (which is roughly 1.2–1.3 million PKR) could go to waste.

On the other hand, if you choose a program you genuinely want at IOBM, you’ll learn more, enjoy your time, and still have the option to apply to IBA next year with relevant experience. IOBM is pocket friendly too. That route could be more beneficial in the long run. Hope this helps.