MS ACCOUNTING & FINANCE

Key Features

Traditional techniques of learning and teaching are being replaced by the most recent and successful ways at the Department of Accounting and Finance, Faculty of Management Studies. Presentations, workshops, study groups, seminars, simulation exercises, case studies, and research are integrated into classroom instruction to present our students with cutting-edge knowledge.

The MS Accounting & Finance program at IIUI is designed to provide research fellows with a solid foundation in accounting and finance, as well as the essential interpersonal, computer, and business communication skills required for success in today’s corporate climate. Candidates will study the principles and methods required to safeguard, validate, and certify the integrity and dependability of financial data. Students will learn about the components of the financial system and how they affect financial choices in an organization by studying financial institutions, markets, and company finance. Students who are interested in pursuing professions in business, services, or academic research in the fields of accounting or finance should definitely consider this program. People who are currently employed and seeking professional and academic growth can benefit from the program just as much.

Program Objectives

To enable students to comprehend and acquire the knowledge necessary to fully appreciate a variety of accounting and financial ideas and approaches.
To develop their capacity for critical analysis and comparison of academic and practical knowledge.
To equip students with the knowledge and abilities to use computer technology in accounting and finance to enhance decision-making in a work environment.
To give students the chance to assess issues and advancements in accounting and finance that have an impact on management choice-making.
To enable students to evaluate the costs and advantages of strategic investments using integrated accounting and finance methodologies.
To equip students with the knowledge and abilities necessary to comprehend a wide variety of accounting and financial ideas and approaches.
To prepare them for critical analysis and comparison of academic knowledge and practical applications.
To provide students with the knowledge and abilities to use accounting and finance computer technology for the aim of enhancing decision-making in an organizational environment.
To give students the chance to assess accounting and financial issues and innovation that has an impact on management decisions.
To enable students to use combined accounting and financial methodologies when assessing the costs and advantages of strategic investments
To enable them to comprehend the implications of using international accounting standards and financial reporting in an international context.
Educate students on ethical concerns in accounting and finance;
Encourage students to take advantage of newly available possibilities in the accounting and finance fields.

Career prospects

This degree is aimed to offer students a wide range of skills and knowledge in Financial Accounting, Management Accounting, Taxation, Audit, Internal Audit, and Strategic Financial Management. The program is designed to educate and prepare graduates to face the challenges of a dynamic financial environment and secure a highly paid job in the corporate as well as the public sector. The degree will also prepare students to teach at the university or college level and to do research in the fields of accounting, finance, and auditing both locally and internationally.

Proposed Program of Study

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 MS- Accounting and 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.

Career prospects (corporate sector)

This MS (Accounting and Finance) is designed for career entry and development in large audit and consultancy firms, commercial banks, investments banks, financial institutions, and other large firms in service, retail, information technology, and manufacturing sectors. It will also prepare graduates to take up teaching and research positions in Accounting and Finance in top Higher Educational institutions. There is a broad and extensive labor market for graduates of the Master’s in Accounting and Finance. The programme provides a strong foundation for top financial management roles such as CFO or finance director, as well as for positions such as financial or business controller, financial or business analyst, financial or treasury manager, finance business partner, and other accounting and finance functions.

The specialization in Finance provides a strong foundation for corporate finance roles in financial management. In addition, you will be able to apply, with confidence, for advisory or financial analyst roles in investment banking, corporate transaction and financing advisory services, or financial business consulting, credit analysis, and buy-side or sell-side research roles.

The specialization in Accounting provides a strong foundation for controller and business partnering roles in financial management. In addition, you will be able to apply, with confidence, for positions in business development, management consulting, and other managerial advisory functions. The specialization is also of interest for CA’s, ACCA’s and/or other functions working with auditing in-house or in a consulting capacity.

Career prospects (research and higher education)

It will also prepare graduates to take up teaching and research positions in Accounting and Finance in top Higher Educational institutions. The MS programme also provides a thorough preparation for academic research in corporate finance, financial accounting, and management accounting.

Eligibility Criteria

As per the Admission Advertisement

Proposed Curriculum (shall be according to the laid down broader guidelines of HEC recommendations, IIU rules/policy, and satisfying National qualification framework)

MS Program

Summary:	Credit Hrs.
Core Courses	12
Specialization Courses	12
Thesis	6

Total Credits	30

Semester wise break-up of curriculum for all semesters including details of credit-hours and any core and elective courses

S.No	Core Courses	Credit Hrs.
1	Advance Research Methodology	3
2	Strategic Financial Management	3
3	Corporate Governance and Ethics	3
5	Taxation Management System	3
4	Quantitative Methods in Finance	Non Credit

	Sub Total	12
S.No	Specialization	Credit Hrs.
1	Specialization-I	3
2	Specialization-II	3
3	Specialization-II	3
4	Specialization-IV	3
	Sub Total	12
	Thesis	6

	Grand Total	30

Curriculum/scheme of study (shall comprise of courses from all disciplines of the proposed program of study to reflect the true proportion of the degree tile, faculty involved, and specializations)