Introduction

The BS (Accounting & Finance) is a highly specialized degree, preparing the graduate as having expertise in Accountancy and Finance. The students will acquire the knowledge and technical skills needed to analyze accounting/finance and business problems, and they will understand how best to communicate and use financial information to support business decisions. The degree offers specialization in Accounting and/or Finance.

With the management of financial information underpinning all business activities, there are more employment and career opportunities in accounting and finance than many other areas of study. This degree will prepare students for a rewarding career in any sector of the economy. The graduates may work as a Financial Accountant, Forensic Accountant, Management Accountant, Auditor, Chief Financial Officer, Financial Advisor and Tax Specialist.

Program Objective

The BS (Accounting & Finance) program is aimed at giving students a solid foundation in accounting and finance, rounded out with the all-important interpersonal, computer, and business communication skills critical for success in today’s business environment. The degree will give students an understanding of the legal and regulatory environment that commercial organizations and accounting professionals must work within. They will be able to identify and evaluate ethical dilemmas and provide logical ways to resolve them. They will learn the concepts and processes needed to protect, validate and attest to the integrity and reliability of financial information.

By studying financial institutions, markets, and business finance, students will learn about the components of the financial system and how it impacts upon financial decisions in an organization. Students will study the financial system, institutions, and financial instruments, which are involved with the transfer of funds between individuals, businesses and governments. This includes critical short-run decisions, such as cash management and credit policy, which affect the survival of the organization. Long-term decisions include investment in plant and equipment, fundraising, and mergers and takeovers, all of which determine the wealth of the owners.

Degree Requirements

The BS (Accounting & Finance) is a four-year degree program and consists of 130-136 credit hours of study. A compulsory requirement for students will be to either go through an eight week internship program followed by an internship report or submit a research dissertation at the end of the degree program. The weight age of the internship report/research dissertation shall be equal to 6 credit hours. The normal duration for completion of BS( A&F) degree is 8 semesters over a period of 4 years. The maximum duration for obtaining BS (A&F) degree shall be 7 years.

Eligibility for Admission

FA/FSc or Equivalent qualifications with at least second division, securing 45% marks in aggregate.

Qualifying the admission test and interview is compulsory. A candidate scoring less than 40% marks in the test and interview will stand disqualified for admission.

Candidates who have secured at least 40% in the Institute’s own test/NTS-NAT or any other test required by HEC are also eligible to apply.

The merit of a candidate shall be measured by a 50 % weight age to the marks obtained in HSSC or equivalent, 40 % to the marks obtained in the written test, and 10% to the marks obtained in the interview.

A candidate shall be given a special credit of thirty marks for admission in each program mentioned above if he/she has studied Economics / Psychology / Computers / English Advance and Home Economics at intermediate level or has done A level.

A candidate shall be given a special credit of sixty marks for admission in each program mentioned above if he/she has studied Economics/Psychology/Computers/ English Advance in combination with each other or in combination with Statistics at intermediate level or has done A level business studies.

The Hafiz Quran shall be given a special credit of 20 marks.

The credit marks shall be added to the marks obtained at HSSC or equivalent, subject to fulfilment of basic eligibility criteria of 45% marks

Semester Wise Breakup of Courses

Semester 1

Semester 2

Semester 3

Semester 4

Semester 5

Semester 6

Semester 7

Semester 8

Electives (Accounting)

Electives (Finance)

Accounting Specialization

In case of specialization in Accounting, students will have to study 15 courses of Accounting (7 core and 8 elective) along with 9 courses of Finance (6 core and 3 elective). There will be no change in institute core courses and non-specialized mandatory courses.

Finance Specialization

In case of specialization in Finance, students will have to study 14 courses of Finance (6 core and 8 elective) along with 10 courses of accounting (7 core and 3 elective). There will be no change in institute core courses and The Program Coordinator can offer courses from the variety of electives in an area of specialization depending upon the availability of faculty and changing market trends. The list of elective courses is not exhaustive and new courses can be added once approved from the Academic Committee of the Institute.