BS Commerce

Program Description

Commerce is the study of the exchange of goods and services between suppliers and customers. It examines transactions that take place at all levels local national or international and looks at the impact of globalization and marketing on commercial activities and economic growth. Commerce explores a wide range of aspects from investment to buying and selling from making a profit to sustainable business practices from packaging and distributing products to supply and demand and everything in between. One of the latest and most important developments is Ecommerce or Electronic Commerce which represents the transaction of goods or services online. At PAF-IAST our commerce degree includes subjects like Financial Accounting, Business Analytics, Micro and Macroeconomics, Statistics, Marketing, Organizational Behavior, Business Communication Branding etc.

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-107

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

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 3

Course Code

Courses

CHs

ENG-112

English II  (Professional Communication & Presentation Skills )

3

SS-

Macro Economics

3

BUS-104

Fundamentals of Marketing

3

  BUS-231

Cost Accounting

3

BUS-102

Business Finance

3

SS-113

Introduction to Psychology

3

Total Credit Hours

18

Semester 4

Course Code

Courses

CHs

BUS-108

Business Communication

3

SS-

Contemporary Affairs of Pakistan Economy

3

BUS-211

 

Human Resource Management

3

BUS-112

Financial Management

3

 BUS-232

Accounting Information Systems

3

BUS-292

Statistical Inference

3

Total Credit Hours

18

Semester 5

Course Code

Courses

CHs

BUS-201

Business Laws and Practices

3

BUS-312

Leadership

3

BUS-331

Managerial Accounting

3

BUS-381

Business Analytics

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-332

Advanced Accounting

3

BUS-328

Money and Banking

3

Total Credit Hours

18

Semester 7

Course Code

Courses

CHs

Bus-326

Audit and Assurance

3

BUS-351

Digital Entrepreneurship

3

BUS-327

Banking and Corporate Laws

3

 

Elective I

3

 

Elective II

3

                                     Total Credit Hours

15

Semester 8

Course CodeCoursesCHs
 Elective III3
 Elective IV3
BUS-499/599Research Project*6
                                   Total Credit Hours12