Bachelor of Science in Accounting & Finance

Program Description

PAF-IAST is offering a four-year BS in Accounting & Finance degree. We believe that developing a systematic understanding of current issues in accounting to meet the needs of a globalized business world is the need of the hour in 21st century Accountants are indispensable to every business; without them, a company would not know whether it was making a profit or a loss. However, there is so much more to modern accountancy than just balancing the books. Accountants are also seen as business advisers providing strategic financial guidance to senior executives. Our Accounting and Finance course provides an excellent path too many varied professional careers in areas such as banking, insurance, financial services, general management and the non-profit sector. At SBEPD, students learn how to produce accounting information and deploy strategic advice that can cope up with the contemporary world challenges. Learning and teaching takes place in small class sizes to prepare you to work in management teams and courses focus on applying theory to real business scenarios. Students are taught by practitioners with professional experience as accountants who support your personal development and help kick start rewarding and fulfilling careers in multiple fields. Throughout the degree, we assure that the courses taught in the BS A&F shall develop a range of transferable abilities and professional practice skills that are highly prized by employers.

Why Study at PAF IAST?

Location and Ambience

PAF IAST is nestled in natural mountains that flank its campus from all sides. The institute offers one  ravishing view of snow-capped peaks of Nathiagali and natural winding trails. Furthermore, to its north-west is Tarbela Lake, a journey of only a few kilometers from the campus. Moreover, set in the middle of the campus is a natural lake, fed by the springs of surrounding mountains. The campus is just a 3-kilometer drive from the Hazara Motorway. This results in an ideal setting equally conducive to academic activity. Most importantly, major cities like Islamabad, Abbottabad, are just an hour’s drive, while small towns like Wah, Hasanabadal, Taxila, and Swabi can be reached in just half an hour. All these features make PAF IAST the best biomedical sciences university in KPK. 

Technology Advancement and Foreign Partnership

This institute is an emerging center of excellences, with its own technology park. Therefore, all faculty members hold PhD degrees in appropriate disciplines. By virtue of its wide array of facilities and the facilitation for its students to learn. Furthermore, they benefit both from classroom teaching and faculty trained at premier Austrian universities/institutions. The institution is ideally cut out for imparting state-of–the-art engineering and allied education in Pakistan. Moreover, the institute enjoys close linkages with top ranking universities in Austria and China. As a result, we have already concluded with them formal agreements regarding student and faculty exchange programs, provision of dual degrees in certain areas, and the training support from foreign faculty. 

Academia-Industry Relationship

There is a strong relationship between academia and industry. As a result, this paves the way for job opportunities for students even in the midst of their studies. PAF IAST will serve as a welcome platform for the industry to share their requirements for a skilled workforce. Therefore, this will enable the institute to incorporate their valuable inputs in practical vocational training and expose the students to industrial perspectives.

On-Spot Industry Internship

Firstly, it will be a mandatory requirement for every student to do an internship every semester in an appropriate industry. Secondly, this will garner them practical experience related to their respective degree programs. To crown it all, Technology Park will afford them rare opportunities to apply themselves innovatively and become promising entrepreneurs.

Need and Merit-based Scholarships

Different types of local and foreign scholarship opportunities are available on need and merit base.

Associated Careers

For the aspiring entrepreneurship and business leader, a business management degree is consistently a popular choice across the globe. It provides the academic knowledge and skills to pursue global career opportunities and helps you to develop a broad understanding of business and specific areas.

But if you are still not 100% sure if a business management degree is for you here are some reasons that will convince you:

Our degree programs shall develop the following key management skills 

  • Critical and Strategic Thinking
  • Problem solving
  • Presentation and communication.
  • Analysis and report writing
  • Entrepreneurial Mindset
  • Leadership and Decision Making
  • Project Management

Course Curriculum

Semester 1

Course Code

Courses

CHs

ENG-111

English I (Composition Writing)

3

SS-111/310

Islamic Studies/Ethics

3

BUS-108

Business Mathematics

3

Comp-102

Introduction to Computing

3

BUS-103

Fundamentals of Accounting

3

BUS-106

Business in Contemporary World

3

 

Total Credit Hours

18

 

Semester 2

Course Code

Course

CHs

ENG-112

Expository Writing-II

3

SS-112

Pakistan Studies

3

BUS-191

Business Statistics

3

SS-

Micro Economics

3

BUS-101

Fundamentals of Management

3

BUS-222

Financial Accounting & Reporting

3

Total Credit Hours

18

Semester 3

Course Code

Course

CHs

ENG-113

Expository Writing-III

3

SS-

Macro Economics

3

BUS-104

Fundamentals of Marketing

3

BUS-231

Cost Accounting

3

BUS-101

Business Finance

3

SS-113

Introduction to Psychology

3

Total Credit Hours

18

Semester 4

Course Code

Courses

CHs

ENG-113

English III  (Academic Reading & Writing )

3

SS-112

Pakistan Studies

3

BUS-191

Business Statistics

3

SS-

Micro Economics

3

BUS-101

Fundamentals  of Management

3

BUS-222

Financial Accounting & Reporting

3

Total Credit Hours

18

Semester 5

Course Code

Courses

CHs

BUS-201

 

Business Laws and Practices

3

BUS-382

Data Analytics in Accounting and Finance

3

BUS-331

Managerial Accounting

3

BUS-321

Financial Statement Analysis & Reporting

3

BUS-105

Ethics and Social Responsibility

3

BUS-251

Entrepreneurship

3

 

Total Credit Hours

18

Semester 6

Course Code

Courses

CHs

BUS-322

Corporate Governance & Reporting

3

BUS-301

Logic and Critical Thinking

3

BUS-323

Taxation and Practices

3

BUS-291

Business Research & Report Writing

3

BUS-417

Performance Management

3

BUS-332

Advanced Accounting

3

Total Credit Hours

18

Semester 7

Course Code

Courses

CHs

BUS-326

Audit and Assurance

3

BUS-325

Corporate Finance

3

BUS-327

Banking and Corporate Laws

3

 

Elective I

3

 

Elective II

3

                       Total Credit Hours

15

Semester 8

Course Code Courses CHs
  Elective III 3
  Elective IV 3
BUS-499/599 Research Project* 6
         Total Credit Hours 12