About The Program
The BS Accounting and Finance is highly specialized program designed to prepare students to meet the challenges emerging in complex domain of financial reporting and management. The program is tailored to first impart a broad-based education in the fundamentals of business and management and then develop the quantitative and analytical skills necessary to become prudent, astute and ethical financial managers.
Admission Requirements
- Higher Secondary School Certificate or Equivalent securing at least 50% marks in aggregate
- CUST Admission Test/HEC Approved Test
Degree Requirements
The candidate is required to complete 131 Cr. Hrs. as per following details:
| Area | Cr. Hrs. |
|---|---|
| 1) General Education | 34 |
| 2) HEC Courses | 33 |
| 3) HEI Courses | 27 |
| 4) Elective Courses | 18 |
| 5) Allied Courses | 12 |
| 6) Capstone Project | 04 |
| 7) Internship | 03 |
| Total | 131 |
General Education (34 Cr. Hrs.)
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Functional English | ACFG1113 | 3 |
| Introduction to Psychology | ACFG1422 | 2 |
| Quantitative Reasoning I | ACFG1913 | 3 |
| Mathematics | ACFG2353 | 3 |
| Ideology and Constitution of Pakistan | ACFG1022 | 2 |
| Foreign Language | ACFG2222 | 2 |
| Expository Writing | ACFG1123 | 3 |
| Entrepreneurship | ACFG2712 | 2 |
| Quantitative Reasoning II | ACFG1923 | 3 |
| Islamic Studies/Ethics | ACFG1012 | 2 |
| Applications of Information and Communication Technology | ACFG1612 | 2 |
| Applications of Information and Communication Technology Lab | ACFG1611 | 1 |
| Civics and Community Engagement | ACFG1822 | 2 |
| Fehm-ul-Quran I | ACFG1021 | 1 |
| Fehm-ul-Quran II | ACFG1031 | 1 |
| Pakistan Studies | ACFG1032 | 2 |
HEC Courses (33 Cr. Hrs.)
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Principles of Management | MGTF1003 | 3 |
| Human Resource Management | HRMF1003 | 3 |
| Strategic Management | MGTF3013 | 3 |
| Principles of Marketing | MKTF2003 | 3 |
| Digital Marketing | MKTF3113 | 3 |
| Financial Management | FINF2013 | 3 |
| Advanced Financial Management | FINF3043 | 3 |
| Principles of Accounting I | ACCF1003 | 3 |
| Cost and Management Accounting | ACCF3033 | 3 |
| AI in Business | MISF4053 | 3 |
| Business Research Methods | RCHF4003 | 3 |
HEI Courses (27 Cr. Hrs.)
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Financial Reporting | ACCF3023 | 3 |
| Principles of Auditing | AUDF2003 | 3 |
| Audit and Assurance | ACCF3023 | 3 |
| Taxation | TAXF3103 | 3 |
| Advanced Financial Reporting | ACCF4083 | 3 |
| Principles of Accounting II | ACCF2013 | 3 |
| Applied Corporate Finance | FINF3103 | 3 |
| Advanced Managerial Accounting | ACCF4093 | 3 |
| Certification Course | FINF4103 | 3 |
Elective Courses (18 Cr. Hrs.)
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Portfolio Management | FINF4063 | 3 |
| Financial Risk Management | FINF4173 | 3 |
| Global Finance | FINF4193 | 3 |
| Financial Modeling | FINF4113 | 3 |
| Islamic Finance | BNKF4043 | 3 |
| Money and Capital Markets | FINF3153 | 3 |
| Fin-tech | FINF4133 | 3 |
| Corporate Governance and Ethics | FINF3043 | 3 |
| Marketing of Financial Services | FINF3033 | 3 |
| Advanced Taxation | TAXF3133 | 3 |
| Software Applications in Accounting | ACCF4043 | 3 |
| Budgetary Applications in Accounting | FINF3073 | 3 |
| Accounting Information System | ACCF4053 | 3 |
| Actuarial Accounting | ACCF4063 | 3 |
| Issues in Financial Reporting | ACCF4073 | 3 |
| Financial Statement Analysis | FINF4143 | 3 |
| Financial Market and Institutions | FINF4133 | 3 |
Allied Courses (12 Cr. Hrs.)
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| SDGs | IDAF3XX3 | 3 |
| Business Law | IDAF2XX3 | 3 |
| Economics | IDAF2XX3 | 3 |
| Data Analytics | IDAF2XX3 | 3 |
| MIS | IDAF2XX3 | 3 |
| Inferential Statistics | IDAF3XX3 | 3 |
| Professional Communication | IDAF3XX3 | 3 |
Capstone Project (4 Cr. Hrs.)
Every student must complete a Business Project following the 6th semester or after the completion of 90 credit hours of course work.
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Capstone Project I | PBAF4002 | 2 |
| Capstone Project II | PBAF4012 | 2 |
Internship (03 Cr. Hrs.)
Each student is required to complete internship after 5th semester for the award of degree.
| Course Title | Code | Cr. Hrs. |
|---|---|---|
| Internship | IBAF4003 | 3 |
Community Service (VIS4000)
Each student is required to complete 65 hours community work, usually after 1st semester which would be a prerequisite for the award of degree.
Certification
After semester 5, the students will be eligible to register in online certification programs duly approved by the dept.
Program Duration
Minimum duration is 4 years with 8 regular semesters. There will be a Fall and a Spring semester in each year. The summer semester will be utilized for Internship or deficiency courses. The maximum duration is 6 years with twelve regular semesters. Further it is extendable for one year (two regular semesters) with the permission of statutory bodies.
CGPA Requirements
A student is required to earn a minimum 2.00/4.00 CGPA on the completion of the degree.
Exit Rule After 14 Years Qualification
After successful completion of 4th Semester (60 Credit Hours), student may be awarded “Associate Degree in Accounting and Finance”, and is subject to the approval of the competent authority.
Semester-I (15 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| ACFG | 1022 | Ideology and Constitution of Pakistan | 2 |
| ACFG | 1012 | Islamic Studies/Ethics | 2 |
| ACCF | 1003 | Principles of Accounting I | 3 |
| ACFG | 1422 | Introduction to Psychology | 2 |
| ACFG | 1612 | Applications of Information and Communication Technologies | 2 |
| ACFG | 1611 | Applications of Information and Communication Technologies Lab | 1 |
| ACFG | 1822 | Civics and Community Engagement | 2 |
| ACFG | 1021 | Fehm-ul-Quran I | 1 |
Semester-II (15 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| ACFG | 1913 | Quantitative Reasoning – I | 3 |
| ACFG | 1113 | Functional English | 3 |
| MGTF | 1003 | Principles of Management | 3 |
| ACFG | 2353 | Mathematics | 3 |
| ACFG | 1032 | Pakistan Studies | 2 |
| ACFG | 1031 | Fehm-ul-Quran – II | 1 |
Semester-III (17 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| ACFG | 1923 | Quantitative Reasoning – II | 3 |
| ACFG | 2222 | Foreign Language | 2 |
| ACFG | 1123 | Expository Writing | 3 |
| ACCF | 2013 | Principles of Accounting II | 3 |
| ACCF | 3023 | Financial Reporting | 3 |
| IDAF | 2XX3 | Allied I | 3 |
Semester-IV (17 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| MKTF | 2003 | Principles of Marketing | 3 |
| ACFG | 2712 | Entrepreneurship | 2 |
| FINF | 2013 | Financial Management | 3 |
| HRMF | 1003 | Human Resource Management | 3 |
| IDAF | 2XX3 | Allied II | 3 |
| AUDF | 2003 | Principles of Auditing | 3 |
Semester-V (15 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| FINF | 3043 | Advanced Financial Management | 3 |
| ACCF | 3033 | Cost and Management Accounting | 3 |
| MKTF | 3113 | Digital Marketing | 3 |
| IDAF | 2XX3 | Allied III | 3 |
| TAXF | 3103 | Taxation | 3 |
Semester-VI (15 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| MGTF | 3013 | Strategic Management | 3 |
| FINF | 3103 | Applied Corporate Finance | 3 |
| ACCF | 4083 | Advanced Financial Reporting | 3 |
| IDAF | 2XX3 | Allied IV | 3 |
| ACCF | 4XX3 | Elective I | 3 |
Semester-VII (17 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| MISF | 4053 | AI in Business | 3 |
| ACCF | 3023 | Audit and Assurance | 3 |
| FINF | 4XX3 | Elective II | 3 |
| FINF | 4xx3 | Elective III | 3 |
| FINF | 4xx3 | Certification | 3 |
| PBAF | 4002 | Capstone Project I | 2 |
Semester-VIII (17 Cr. Hrs.)
| Course Code | Course Title | Cr. Hrs. | |
| ACCF | 4093 | Advanced Managerial Accounting | 3 |
| FINF | 4xx3 | Elective IV | 3 |
| FINF | 4xx3 | Elective V | 3 |
| FINF | 4xx3 | Elective VI | 3 |
| RCHF | 4003 | Business Research Methods | 3 |
| PBAF | 4012 | Capstone Project II | 2 |
| Sr. # | Statement |
|---|---|
| PEO-1 | The graduates will demonstrate functional knowledge of Accounting and Finance. |
| PEO-2 | The graduates will exhibit the ability to perform managerial tasks in the field of accounting and finance. |
| PEO-3 | The graduates will execute a willingness to ethical values and diversity. |
| Sr. # | Learning Objective | Statement |
|---|---|---|
| PLO-1 | Cross functional Knowledge: |
An ability to use knowledge of the fundamentals of accounting, mathematics, economics, management, marketing, and finance to solve business problems. |
| PLO-2 | Problem Analysis: |
An ability to identify, formulate, and analyze complex accounting and business problems reaching substantiated conclusions using case studies. |
| PLO-3 | Management Skills: |
An ability to demonstrate management skills while leading/managing business projects. |
| PLO-4 | Business Solution: |
An ability to design solutions for complex business problems or processes that meet specified needs while maintaining business standards, legal, cultural, societal and environmental considerations. |
| PLO-5 | Communication: |
An ability to communicate effectively, verbally as well as in writing, in corporate settings. |
| PLO-6 | Entrepreneurial Skills: |
An ability to exhibit entrepreneurial skills through the integration of technology in accounting and finance. |
| PLO-7 | Individual and Team Work: |
An ability to work effectively, as an individual as well as team member. |
| PLO-8 | Modern Tool Usage: |
An ability to identify and apply accounting and finance tools and techniques to create and disseminate business information. |
| PLO-9 | Corporate Social Responsibility: |
An ability to understand the responsibility of an organization towards the society at large and to contribute towards the betterment of society. |
| PLO-10 | Ethics: |
An ability to professionally apply ethical principles, keeping in view the norms of society. |

