Purpose: The purpose of this paper is to explore different cultural dimensions of the learning climate at a business school located at Lahore, Pakistan. Design/methodology/approach: This paper reports the result of an empirical study of the learning climate for managerial knowledge at a business school, located in Lahore, Pakistan. A sample of 150 MBA students were asked to respond to a self-designed learning climate scale, in order to assess their perceptions of the learning climate. The study has attempted to measure five dimensions of learning climate, which include culture, learning styles, resources, methodology and environment. In addition to that, we intend to describe the patterns of effective learning climate for business knowledge by the students of the school amid dynamic challenges of globalization and diversity. Findings: The study revealed that students highly regarded school culture and trust of stakeholders in defining learning climate. Research limitations/implications: First, this paper reports the results of a business school located in a developing country. Second, the results presented in this paper have important implications for those engaged in the strategic management of business education in Pakistan and other developing countries of South Asia and Africa due similar socio-economic contexts. Originality/value: The study is first of its kind conducted on a Pakistani business school. It brings forth significant cultural dimensions of learning climate in a developing country. (Contains 4 tables and 1 figure.)