BS ACCOUNTING & FINANCE

Introduction
In the wake of globalization, economic integration and competition, only those individuals can hold positions of responsibility who have the capacity to analyze complex problems and make intelligent decisions. The BS- Accounting &Finance program helps students to think logically and improve their ability to use financial concepts to analyze “real world” problems and opportunities. This is a unique program that emphasizes qualitative and quantitative approach to dealing with financial problems in both the public and private sector. Furthermore, this program will provide a sound foundation to be successful in the rapidly evolving, global business and financial environment. The course work also prepares students to pursue further certification from well known professional local/ international organizations.

This Program will be offered by Department of Accounting & Finance, Faculty of Management Sciences. It is a four-year honors degree in Accounting and Finance which provides the insights needed to be successful in financial accounting, managerial accounting, budgeting, accounting systems, internal controls, financial analysis, financial reporting, internal and external auditing, taxation and other accounting related issues.

 
Vision
To prepare dynamic business graduates who are knowledgeable and embedded with Islamic values with recognition in accounting and finance profession.
 
Mission
We aim to provide distinction in field of accounting and finance through teaching, research, interactive seminars, workshops and liaison with industry. We want to meet the needs of industry by providing graduates with up to date knowledge of professional world. Our graduates stand out with exemptions from professional accounting and finance bodies to get professional accounting degree as well. We focus on Personality development through discussions on Islamic values and their application in business.
 
Unique Features:
  • Bachelors degree leading to professional certifications
  • Accredited by local and international accounting bodies like ACCA
  • Industry exposure and linkages
 
Program Goals and objectives
Following are the salient objectives and their outcomes for the BS Accounting & Finance Program.
 
Program Objective Program Outcomes
To gain a focused understanding of finance and accounting functions in a business. Inculcate practical decision‐making skills based on financial and accounting frameworks.   Graduates will be able to work in different professional environments by applying their strong project management skills.We expect students to engage with both theory and practice, and to develop a critical understanding of how Accounting and Finance operate in a range of different institutional settings.
Strongly emphasizing the development of analytical skills, the courses offer solid grounding and professional competencies in all aspects of accounting and finance required for careers in numerous sectors. This Program covers not only in-depth courses relating to accounting and finance, but also focuses on other relevant courses such as business research methods, business communication and management ethics. Provide a pathway to professional certifications (CA, ACCA and CFA).Foster in students a critical and flexible approach to accounting and finance issues, within local and international context  
A holistic university experience with ample chances for personal development We require students to master some techniques, and to understand their practical applications
To help students to develop an understanding, that not only is accounting and finance as a discipline concerned with computational skill but, more importantly, it is central to the way in which both management internally, and also various stakeholders externally (including investors, lenders, customers, the government and the public) perceive, understand, and seek to change and control the nature of organizations and the ways in which resources are allocated to and by them. knowledge and conceptual understanding of the basic theoretical approaches and contemporary issues in financial accounting, management accounting and finance;
 
Summary
Duration 4 Years
General Courses 36 Credit Hours
Undergraduate Core Courses 60 Credit Hours
Undergraduate Electives 24 Credit Hours
Undergraduate Specialization 12 Credit Hours
Project 03 Credit Hours
Internship 6-8 Weeks
Total Credits Hours 135 Credit Hours
 
CHANGES IN COURSES
  1. Change in the course code of Islamic Banking & Finance
  2. Replacement of Corporate accounting with management accounting
  3. Replacement of Accounting Tools I with Advanced Audit & Assurance
  4. Replacement of Auditing &Taxation with Advanced Taxation
  5. Replacement of Development Economics with FinTech
  6. Change in the title of few courses
    • Central commercial & corporate banking is changed to Central & commercial banking
    • Derivatives is changed to Financial Derivatives
    • Buyouts, Acquisitions & Corporate Restructuring is changed to Corporate Restructuring
    • Advance Portfolio Management and Wealth Planning is changed to Advance Portfolio Management
    • The Law of Corporate Finance and Financial Markets is changed to Financial Markets Regulations
  7. Adding Financial Reporting II in the list of specialization
Under Graduate Core Courses
S. No. Course Code Course Title Cr. Hours
1. ACT 301 Cost Accounting 3
2. FIN405 Financial Institutions and Markets 3
3. MGT202 Principles of Management 3
4. MKT201 Principle of Marketing 3
5. FIN201 Business Finance 3
6. FIN408 Financial Management 3
7. ACT201 Principles of Accounting 3
8. ACT401 Financial Accounting 3
9. QNT201 Mathematics & Statistics for Business 3
10. FIN 466 Advanced Audit & Assurance 3
11. FIN 444 Advanced Taxation 3
12. MGT406 Business Research Methods 3
13. FIN 445 International Financial Management 3
14. Fin Tech 3
15. ECO201 Principles of Microeconomics 3
16. ECO202 Principles of Macroeconomics 3
17. FIN 410 Corporate Law 3
18. MGT407 Operations Management 3
19. FIN 411 Financial Reporting I 3
20. FIN413 Analysis of Financial Statements 3
 
Under Graduate General Courses
S. No. Course Code Course Title Cr. Hours
1. GEN103 Understanding Quran-I 3
2. GEN103 Understanding Quran-II 3
3. GEN110 Islamic Perspective of Business 3
4. GEN111 Islamic Banking & Finance 3
5. GEN113 Islamic Law of Business Transactions 3
6. GEN111 Pakistan Studies 3
7. GEN107 Functional English-I 3
8. GEN108 Functional English-II 3
9. MGT201 Oral Communication & presentation 3
10. ITM201 IT in Business 3
11. GEN203 Organizational Psychology 3
12. GEN301 Introduction to Sociology 3
13. GEN302 Business, Society & Ethics 3
 
Under Graduate Elective Courses
S. No. Course Code Course Title Cr. Hours
1. FIN 431 Entrepreneurial Finance 3
2. FIN 432 Accounting Tools II 3
3. FIN 433 Monetary Economics 3
4. FIN 434 Marketing of Financial Services 3
5. FIN435 Central and Commercial Banking 3
6. FIN436 Internal Risk Management and Audit 3
7. FIN 437 Project Management & Financial Decision Making 3
8. ECO 401 Financial Economics 3
9. FIN 438 Capital markets 3
10. FIN439 Corporate Finance 3
11. ACT440 Corporate Accounting 3
12. ECO 403 Public Finance& policy 3
13. FIN441 Forensic Accounting 3
14. FIN442 Financial Econometrics 3
15. ACT 443 Management Accounting 3
 
List Accounting & Finance Specialization courses
S. No. Course Code Course Title Cr. Hours
1. FIN451 Empirical research in Finance 3
2. FIN452 Corporate Restructuring 3
3. FIN453 Behavioral Finance 3
4. FIN454 Investment Banking 3
5. FIN455 Treasury and Funds Management 3
6. FIN456 Financial Risk Management 3
7. FIN457 Advance Portfolio Management 3
8. FIN458 Alternative Investments 3
9. FIN 459 Financial Derivatives 3
10. FIN460 International Banking 3
11. FIN461 Private Equity and Venture Capital 3
12. FIN462 Financial Modeling 3
13. FIN463 Fixed Income Investments 3
14. FIN 464 Finance Theory 3
15. FIN465 Financial Engineering 3
16. FIN468 Equity Asset Valuation 3
17. FIN470 Financial Markets Regulations 3
18. FIN471 Cases in Finance 3
19. Financial Reporting II 3
20. FIN 472 Islamic Accounting 3
21. ACT451 Advanced Cost & Management Accounting 3
22. ACT452 Accounting Theory & Contemporary Reporting Practice 3
 

SEMESTER 1: 

S.No Subject Code Subject Title Cr. Hrs
1 GEN103 Understanding Quran-I 3
2 ITM 201 IT in business 3
3 QNT201 Mathematics & Statistics for Business 3
4 GEN107 Functional English I 3
5 ACT201 Principles of Accounting 3
6 ECO201 Principles of Microeconomics 3

SEMESTER 2: 

S.No Subject Code Subject Title Cr. Hrs
1 ECO202 Principles of Macroeconomics 3
2 MGT202 Principles of Management  3
3 GEN 301 Introduction to Sociology 3
4 GEN108 Functional English-II 3
5 ACT401 Financial Accounting 3
6 GEN104 Understanding Quran-II 3

SEMESTER 3: 

S.No Subject Code Subject Title Cr. Hrs
1 GEN203 Organizational Psychology 3
2 MKT201 Principles of Marketing 3
3 MGT201 Oral Communication & Presentation 3
4 FIN201 Business Finance 3
5   Cost Accounting 3
6 GEN 111 Islamic Banking and Finance (GEN111) 3

SEMESTER 4: 

S.No Subject Code Subject Title Cr. Hrs
1 MGT407 Operations Management 3
2 FIN408 Financial Management 3
3    FIN 411 Financial Reporting I 3
4  FIN 410  Corporate Law 3
5 GEN111 Pakistan Studies 3
6 ACT 443 Management Accounting 3

SEMESTER 5: 

S.No Subject Code Subject Title Cr. Hrs
1 FIN405 Financial Institutions & Markets 3
2 MGT406 Business Research Methods 3
3  FIN413 Analysis of Financial Statements 3
4 GEN113 Islamic Law & Business Transactions 3
5 GEN302  Business, Society & Ethics 3
6 FIN 466 Advanced Audit & Assurance 3

SEMESTER 6:

S.No Subject Code Subject Title Cr. Hrs
1 FIN 444 Advance Taxation 3
2   FIN 442 Financial Econometrics 3
3  FIN 437 Project Management and Financial Decision Making 3
4   Specialization 1 3
5   Specialization 2 3

SEMESTER 7: 

S.No Subject Code Subject Title Cr. Hrs
1   Central and Commercial Banking 3
2 FIN439 Corporate Finance 3
3 ECO403 Public Finance & Policy 3
4   Specialization 3 3
5   Specialization 4 3

SEMESTER 8: 

S.No Subject Code Subject Title Cr. Hrs
1 PR Project 3
2 FIN431 Entrepreneurial  Finance 3
3 FIN441 Forensic Accounting 3
4 FIN445 International Financial Management 3
5 FIN Fin Tech 3