IIUI mission is to transform the society by promoting education, training, research, technology, and collaboration for reconstruction of human thought in all its forms on the foundations of Islam.
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
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