Bachelor of Science (BS) in Accounting and Finance BS (BAF)

Program Overview

“BS Accounting and Finance” blends together accounting and finance in business organization. This program aims to produce high quality graduates who are both critical and innovative. It would further aim to produce high technical skills as well as well-developed and polished decision making and problem solving skills. The program will be structured around four core areas of Accounting, Finance, Business and Economics.

Accounting: Financial and management accounting will be studies from a local as well as international perspective. Courses like taxation and auditing will also be offered to give the graduates an insight in to the accounting practices.

Finance: A thorough understanding of principles of corporate finance, financial institutions and investment will be provided so that the student can adapt themselves to the ever evolving financial markets.

Business and Economics: A complete understanding of the principles of business will be developed by studying such subjects as marketing, management, communications and information technology.

At the moment the Accountancy and Finance industry is experiencing a severe shortage of experts and trained workforce, which is resulting in shortage of qualified personals in both Accountancy & Finance in Pakistan and the world at large. This program would help to form the basis for collaboration and support by closely working with the certification bodies. The department is trying to take exemptions from ACCA, ICMA and CIMA for the graduating students of this program, by which the students will only have to appear in few modules to get another certification. Another benefit of this program would be the acquisition of a university degree as well as the certification form reputed body.

Program Objectives

A primary objective of this degree is to develop knowledgeable and capable executives to move quickly to key positions in the financial/accounting services sector and to demonstrate the skills necessary to tackle problems within the complex world of international finance and accountancy. Also it is to prepare and implement findings directed at the evaluation of corporate, market, investment and risk management situations.

Following are the key objectives.

To provide students with a comprehensive understanding of business, accounting, finance, audit, taxation, law relevant knowledge, through a combination of theoretical and practical study.
To formalize students with the knowledge and application of finance theories, accounting theories, and accounting standards in a variety of setting with and understanding of professional responsibility, ethical obligations, and social awareness.
To bring understanding of domestic and global dimensions of accounting and finance issues, evaluate and interpret quantitative and qualitative data for decision making.
To work effectively with others, capitalizing on their different thinking, experience, and skills by evaluating the social, cultural, global, ethical, and environmental responsibilities and issues
To provide the educational background to meet the requirements of various professional accounting certification examinations, career in commerce, industry, public or private sector and by developing entrepreneurial skills.

This program prepares them to proceed onwards to a more targeted certification program in Accounting and Finance along with other program of business administration & management sciences.

Basic Knowledge: Demonstrate basic understanding of business management concepts which could provide the foundation for effective managerial skills. These concepts may include theories of management, human resource management, accountancy, financial management, supply chain management, marketing management and management information system.

Technical Competencies: Demonstrate technical competencies that are directly related to the nature of training and the technical proficiency required to exercise effective managerial control. These competencies are important to make a manager as well as entrepreneur attain more specialization and adeptness.

Leadership Skills: Demonstrate leadership in maximizing employee productivity through effective communication skills to clearly understand and convey various business situations. Building professional relationships based on mutual trust and respect. Understand the importance of teamwork and group dynamics in achieving organizational goals. Making decisions based on the most appropriate resources to collect the business data, handle and delegate responsibilities, gain feedback, and be flexible to solve problems in an ever-changing workplace.

Entrepreneurial Acumen: Demonstrate the understanding of entrepreneurship and the capability of managing an enterprise effectively and efficiently. Developing new opportunities to secure and manage various resources for business success.

Business Ethics & Responsibility: Demonstrate an ability to understand the impact of business solutions in societal and environmental contexts. Exhibit the knowledge and need for sustainable development with having awareness of ethical and socially responsible business practices.

Admission Process and Entry Requirements

Prospective students need to register for preferred offered program through link http://admissions.comsats.edu.pk and submit soft copies of required documents.
Intermediate or equivalent with minimum 50% marks, from an accredited institution. NTS with 50% marks as per CUI policy.
Test and Score: NTS-NAT test score with minimum 50% marks.

Scheme of Study

Duration & Semesters: The minimum duration for the completion of this degree is eight semesters (04 Years) and a maximum of twelve semesters (06 Years).

The degree will be awarded on completion of minimum 135 credits with a CGPA of at least 2.0/4.

Program(s) under review	Number of semesters	Course category	Number of courses in program	Credit hours
BS (AF)	8	Core-BAF	28	84
		Elective	8	24
		Support	9	27
		Total	45	135