In Mubasher's youth, he gained recognition for his theatre plays. He cited and directed a number of productions. In his early career, his first job was at the (then) Lahore Hilton (now Avari) when he had just started in Government College Lahore he had joined as a life guard which included cleaning pool toilet areas and collecting dirty linen. Later, Mubasher Lucman joined an advertising agency as a Copy Writer. He had worked in the advertising industry of Pakistan for several years and proved his skills through his script for the advertisement of top local and multinational brands of Pakistan including Coca-Cola, Nestle and many others as well. After this, Mubasher Lucman had set up a production company of his own which developed software and content for television channels of Pakistan. Mubasher Lucman had also worked in the corporate field in key positions like WorldCall Group, ARY Digital, NTM (First Private Television Network of Pakistan), PAKTEL and others as well.
Mubasher Lucman then produced, co-wrote and directed the film Pehla Pehla Pyaar in 2006, starring Resham and Ali Tabish.
Mubasher Lucman then set course for his career in journalism starting from the channel Business Plus as a host. During his first experience on the television screen, Mubasher Lucman had covered many socio-economic and political problems of Pakistan. Due to his brilliant stance on several important issues of the country, he then joined the popular and one of the biggest media group of Pakistan, Express News as a host with the programme Point Blank and then later moved to Dunya News and started to host a programme Khari Baat Lucman Ke Sath. However he resigned in June 2012 after Malik Riaz controversy.
He then joined ARY News hosting Khara Sach, through which he exposed corruption and lies of multiple politicians. Khara Sach was banned by PEMRA due to Mubasher's outspoken words, but in the end Mubasher won the case. As for ARY not airing the video of MQM leader Altaf Hussain which had hidden truths, Mubasher also resigned from there. Mubasher then joined BOL Network the newly launched TV channel with his programme Meri Jang for a short while from where the channel was shut down due to PEMRA serving the notice to the news channel. After a while Mubasher then joined Channel 24 With Khara Sach and now has joined Samaa TV continuing with his hit programme Khara Sach with Mubasher Lucman.