BS Accounting & Finance BS Accounting BS Finance
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Transcript of BS Accounting & Finance BS Accounting BS Finance
Program Objective
To develop Accounting and Finance professionals with world class competencies and ethical standards. To provide opportunities for young professionals to acquire not only undergraduate academic degree but Professional certification in Accounting and Finance, under this program.
Strategy to achieve the Program Objective
Design & delivery of courses that provide maximum flexibility to choose their own career path by opting either CA, ACCA, CIMA, CFA, IBP & International credit transfer
Main features of the program design are: University foundation courses to broaden knowledge base and
improve skills & competencies Rigorous set of core subjects for specializing either in
Accounting, Finance or both A broad set of Electives drawn from the IBA undergraduate
curriculum with minimum requirements for meeting the criteria for majors
Personal effectiveness and development courses to help groom a well rounded personality
Internships & attachments specific to the career path Research courses in both Accounting & Finance Intensive use of the technology to equip the graduates with
the latest analytical tools & techniques
Preparatory Work Done
Course outlines, contents, sequencing, Pre-requisites, course objectives & outcomes developed in close consultation with all the major professional bodies
ICAP has, for the first time in their history, have agreed to grant exemptions up to Module D for those who successfully complete this undergraduate degree
IBP has waived off appearances at all three levels of examinations and replaced it with only ONE comprehensive examination
ACCA has exempted FOUR examinations & review is underway for five more exemptions
CFA does not grant, as a principle, any exemptions but close mapping has been done in Finance courses, that facilitate qualifying CFA examinations
Available Options for Students
Students by choosing a single route may opt to become:
• Chartered Accountant
• Chartered Certified Accountant
• Chartered Management Accountant
• Chartered Financial Analyst
• Junior Associate of Institute of bankers
On academic front, students have two ADDITIONAL options:
• Students can attain a degree of BS in Accounting by taking 3 extra papers of Accounting.
• Likewise, students also have the option of awarding a degree of BS in Finance by taking 3 extra papers of Finance.
Professional Options Academic Options
Professional bodies Partnership
• ICAP (Exempt up till Module D)
• ACCA (Exempt up till F4 + Other exemptions [F5-F9] are under consideration)
• CIMA (Program design supports future exemptions)
• CFA (Program is structured to cover CFA’s curriculum)
• IBP (Only ONE comprehensive exam replaces all three levels)
Course Layout for Undergraduate students
Total Credit Hrs. Credit hrs. for a Major
HEC 124-136 51-63LUMS 130 76IBA• BS Accounting & Finance 130+8* 88• BS Accounting 130 +8* 88• BS Finance 130 +8* 88 * IBA has 16 weeks internship program
equivalent to 8 credit hrs. in addition to 130 credit hrs. of course work
Eligibility Criteria & Challenge Test
A Higher secondary school certificate with a minimum of 60% marks.
‘A’ levels with a minimum of 1 ’B’ and 2 ’C’s in principal subjects (including Mathematics) such that there should be no grade less than ‘C’ across the 3 principal subjects.
American high school diploma with a minimum of 80% or an international Baccalaureate with at least 30 points out of 45.
Entrance Test be based on English and Math onlyNote: Placement Test (English and Math) will be taken for all the
students. Students weak or failing the subject will be given
foundation courses of Math and English as pre-requisite before starting the degree courses.
Transfer Students
Eligibility Criteria must be met Maximum of 10 courses can be transferred
from foreign universities and LUMS Grade of B or better would qualify for the transfer
Transfer credits from professional certification will depend on the following: Exams taken for the certification program should
be recognized by HEC for course equivalency Transfer credits for ICAP, ACCA, CIMA, CMA and
IBP related courses Grading for certification is not relevant as most rely on
Pass or Fail only Relative grading to control the passing rate
Courses & Credit Hours(Major: Accounting and
Finance)Particulars Courses Credit HoursUniversity core 4 12
Non-specialized 10 30
Accounting 14 44
Finance 14 44
Total 42 130
BS ACCOUNTING AND FINANCE
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
14 Courses: 44 Credit Hours
Finance
14 Courses: 44 Credit Hours
English Grammar and Composition; SSC101 Speech Communication; SSC201 Pakistan History ; SSC151 Islamic Studies/ Ethics; SSC301/ SSCXX
Mandatory: Introduction to Statistics; MTS102 Statistical Inference; MTS202 Principles of Microeconomics; ECO103 Principles of Macroeconomics; ECO104 Organizational behaviour; MGT221 Principles of Marketing; MKT201 Calculus-1 & Plane geometry; MTS101 Electives: Mathematical methods; MTS112 Foundation of Human Behavior; SSC102 Social Psychology and Self Development; SSC103 Calculus-II and Solid Geometry; MTS201 International Relations; SSC111 Principles of Management; MGT201 Human Resource Management; HRM401 Development Economics; ECO301 Executive leadership; HRM455 Applied Probability; MTS112 Introduction to Econometrics: ECO341 International Trade; ECO412
Core 7 Courses: 23 Credit Hours
Electives 7 Courses: 21 Credit
Hours
Core 6 Courses: 20 Credit
Hours
Electives 8 Courses: 24 Credit Hours
Principles of Accounting; ACC210 Management Accounting; ACC220 Financial Accounting; ACC215 Taxation (Direct & Indirect); LAW303 Business Law; LAW205 Independent study (Accounting); ACC301 4 CREDIT HRS. Computer Applications; MIS103/ACC222 4 CREDIT HRS.
Advanced Managerial Accounting; ACC310 Financial Reporting; ACC315 Accounting information Systems (For Small to Medium Enterprises); ACC507 Corporate Governance; LAW553 Business Analysis and Decision Making; ACC312 Legal and Regulatory Environment ; LAW501 Strategic Management; MGT552 Auditing; ACC320 Corporate Law; LAW305 Advanced Financial Reporting; ACC401 Essential Software; MIS150
Introduction to Business Finance; FIN201 Financial Institutions and Markets; FIN301 Regulations & Financial Markets; FIN558 Financial Management; FIN401 Financial Modeling; FIN574 4 CREDIT HRS. Independent study (Finance); FIN310 4 CREDIT HRS.
Investment Banking; FIN451 Treasury and Funds Management; FIN565 Financial Risk Management; FIN456 Advance Portfolio Management and Wealth Planning; FIN563 Corporate Finance; FIN454 Financial Econometrics; FIN569 Public Finance; ECO451 Alternative Investments; FIN305 Real Estate Investments: Analysis and Financing; FIN308 International Banking; FIN310 Behavioral Finance (with lab- 4 credit); FIN312 Venture Capital and the Finance of Innovation; FIN405 Buyouts and Acquisitions; FIN410 Corporate Restructuring; FIN315 Empirical Research in Finance; FIN320 Advanced Corporate Finance; FIN560 International Finance; FIN452
BS ACCOUNTING AND FINANCE
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
14 Courses: 44 Credit Hours
Finance
14 Courses: 44 Credit Hours
Electives: Global Economic and Political Environment; ECO517 Marketing management; MKT501 Politics & Law; LAW105 Business mathematics & linear Algebra; MTS211
Core 7 Courses: 23 Credit Hours
Electives 7 Courses: 21 Credit
Hours
Core 6 Courses: 20 Credit
Hours
Electives 8 Courses: 24 Credit Hours
Data Mining; ACC325 Tax Management and Optimization; LAW401 Actuarial Courses; ACC415 FCS basic Programming related courses; ACC416
Security Analysis (4 credit-lab); FIN453 Fixed Income Investments; FIN425 Derivatives; FIN457 Portfolio Management (4 credit-lab); FIN455 Branch banking; FIN425 Lending- Products, operations & risk management; FIN426 Finance of international trade & related treasury operations; FIN427 Marketing of financial services; FIN428 Information technology in Financial services; FIN429
CA & ACCA’s Professional Requirement
CFA’s Professional Requirement
IBP’s Professional Requirement
Courses & Credit Hours(Major: Accounting)
Particulars Courses Credit HoursUniversity core 4 12
Non-specialized 10 30
Accounting 17 53
Finance 11 35
Total 42 130
BS ACCOUNTING
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
17 Courses: 53 Credit Hours
Finance
11 Courses: 35 Credit Hours
English Grammar and Composition; SSC101 Speech Communication; SSC201 Pakistan History ; SSC151 Islamic Studies/ Ethics; SSC301/ SSCXX
Mandatory: Introduction to Statistics; MTS102 Statistical Inference; MTS202 Principles of Microeconomics; ECO103 Principles of Macroeconomics; ECO104 Organizational behaviour; MGT221 Principles of Marketing; MKT201 Calculus-1 & Plane geometry; MTS101 Electives: Mathematical methods; MTS112 Foundation of Human Behavior; SSC102 Social Psychology and Self Development; SSC103 Calculus-II and Solid Geometry; MTS201 International Relations; SSC111 Principles of Management; MGT201 Human Resource Management; HRM401 Development Economics; ECO301 Executive leadership; HRM455 Applied Probability; MTS112 Introduction to Econometrics: ECO341 International Trade; ECO412
Core 7 Courses: 23 Credit Hours
Electives 10 Courses: 30 Credit Hours
Core 6 Courses: 20 Credit
Hours
Electives 5 Courses: 15 Credit Hours
Principles of Accounting; ACC210 Management Accounting; ACC220 Financial Accounting; ACC215 Taxation (Direct & Indirect); LAW303 Business Law; LAW205 Independent study (Accounting); ACC301 4 CREDIT HRS. Computer Applications; MIS103/ACC222 4 CREDIT HRS.
Advanced Managerial Accounting; ACC310 Financial Reporting; ACC315 Accounting information Systems (For Small to Medium Enterprises); ACC507 Corporate Governance; LAW553 Business Analysis and Decision Making; ACC312 Legal and Regulatory Environment ; LAW501 Strategic Management; MGT552 Auditing; ACC320 Corporate Law; LAW305 Advanced Financial Reporting; ACC401 Essential Software; MIS150
Introduction to Business Finance; FIN201 Financial Institutions and Markets; FIN301 Regulations & Financial Markets; FIN558 Financial Management; FIN401 Financial Modeling; FIN574 4 CREDIT HRS. Independent study (Finance); FIN310 4 CREDIT HRS.
Investment Banking; FIN451 Treasury and Funds Management; FIN565 Financial Risk Management; FIN456 Advance Portfolio Management and Wealth Planning; FIN563 Corporate Finance; FIN454 Financial Econometrics; FIN569 Public Finance; ECO451 Alternative Investments; FIN305 Real Estate Investments: Analysis and Financing; FIN308 International Banking; FIN310 Behavioral Finance (with lab- 4 credit); FIN312 Venture Capital and the Finance of Innovation; FIN405 Buyouts and Acquisitions; FIN410 Corporate Restructuring; FIN315 Empirical Research in Finance; FIN320 Advanced Corporate Finance; FIN560 International Finance; FIN452
BS ACCOUNTING
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
17 Courses: 53 Credit Hours
Finance
11 Courses: 35 Credit Hours
Electives: Global Economic and Political Environment; ECO517 Marketing management; MKT501 Politics & Law; LAW105 Business mathematics & linear Algebra; MTS211
Core 7 Courses: 23 Credit Hours
Electives 10 Courses: 30 Credit Hours
Core 6 Courses: 20 Credit
Hours
Electives 5 Courses: 15 Credit Hours
Data Mining; ACC325 Tax Management and Optimization; LAW401 Actuarial Courses; ACC415 FCS basic Programming related courses; ACC416
Security Analysis (4 credit-lab); FIN453 Fixed Income Investments; FIN425 Derivatives; FIN457 Portfolio Management (4 credit-lab); FIN455 Branch banking; FIN425 Lending- Products, operations & risk management; FIN426 Finance of international trade & related treasury operations; FIN427 Marketing of financial services; FIN428 Information technology in Financial services; FIN429
CA & ACCA’s Professional Requirement
CFA’s Professional Requirement
IBP’s Professional Requirement
Courses & Credit Hours(Major: Finance)
Particulars Courses Credit HoursUniversity core 4 12
Non-specialized 10 30
Accounting 11 35
Finance 17 53
Total 42 130
BS FINANCE
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
11 Courses: 35 Credit Hours
Finance
17 Courses: 53 Credit Hours
English Grammar and Composition; SSC101 Speech Communication; SSC201 Pakistan History ; SSC151 Islamic Studies/ Ethics; SSC301/ SSCXX
Mandatory: Introduction to Statistics; MTS102 Statistical Inference; MTS202 Principles of Microeconomics; ECO103 Principles of Macroeconomics; ECO104 Organizational behaviour; MGT221 Principles of Marketing; MKT201 Calculus-1 & Plane geometry; MTS101 Electives: Mathematical methods; MTS112 Foundation of Human Behavior; SSC102 Social Psychology and Self Development; SSC103 Calculus-II and Solid Geometry; MTS201 International Relations; SSC111 Principles of Management; MGT201 Human Resource Management; HRM401 Development Economics; ECO301 Executive leadership; HRM455 Applied Probability; MTS112 Introduction to Econometrics: ECO341 International Trade; ECO412
Core 7 Courses: 23 Credit Hours
Electives 4 Courses: 12 Credit
Hours
Core 6 Courses: 20 Credit
Hours
Electives 11 Courses: 33 Credit Hours
Principles of Accounting; ACC210 Management Accounting; ACC220 Financial Accounting; ACC215 Taxation (Direct & Indirect); LAW303 Business Law; LAW205 Independent study (Accounting); ACC301 4 CREDIT HRS. Computer Applications; MIS103/ACC222 4 CREDIT HRS.
Advanced Managerial Accounting; ACC310 Financial Reporting; ACC315 Accounting information Systems (For Small to Medium Enterprises); ACC507 Corporate Governance; LAW553 Business Analysis and Decision Making; ACC312 Legal and Regulatory Environment ; LAW501 Strategic Management; MGT552 Auditing; ACC320 Corporate Law; LAW305 Advanced Financial Reporting; ACC401 Essential Software; MIS150
Introduction to Business Finance; FIN201 Financial Institutions and Markets; FIN301 Regulations & Financial Markets; FIN558 Financial Management; FIN401 Financial Modeling; FIN574 4 CREDIT HRS. Independent study (Finance); FIN310 4 CREDIT HRS.
Investment Banking; FIN451 Treasury and Funds Management; FIN565 Financial Risk Management; FIN456 Advance Portfolio Management and Wealth Planning; FIN563 Corporate Finance; FIN454 Financial Econometrics; FIN569 Public Finance; ECO451 Alternative Investments; FIN305 Real Estate Investments: Analysis and Financing; FIN308 International Banking; FIN310 Behavioral Finance (with lab- 4 credit); FIN312 Venture Capital and the Finance of Innovation; FIN405 Buyouts and Acquisitions; FIN410 Corporate Restructuring; FIN315 Empirical Research in Finance; FIN320 Advanced Corporate Finance; FIN560 International Finance; FIN452
BS FINANCE
COURSE DIVISION (Total Credit Hours: 130) University Core
Courses (compulsory
requirements) 4 Courses: 12 Credit Hours
Non-Specialization Area 10 Courses: 30 Credit
Hours (7 courses are
mandatory and 3 courses to be chosen
from other departments)
Accounting
11 Courses: 35 Credit Hours
Finance
17 Courses: 53 Credit Hours
Electives: Global Economic and Political Environment; ECO517 Marketing management; MKT501 Politics & Law; LAW105 Business mathematics & linear Algebra; MTS211
Core 7 Courses: 23 Credit Hours
Electives 4 Courses: 12 Credit
Hours
Core 6 Courses: 20 Credit
Hours
Electives 11 Courses: 33 Credit Hours
Data Mining; ACC325 Tax Management and Optimization; LAW401 Actuarial Courses; ACC415 FCS basic Programming related courses; ACC416
Security Analysis (4 credit-lab); FIN453 Fixed Income Investments; FIN425 Derivatives; FIN457 Portfolio Management (4 credit-lab); FIN455 Branch banking; FIN425 Lending- Products, operations & risk management; FIN426 Finance of international trade & related treasury operations; FIN427 Marketing of financial services; FIN428 Information technology in Financial services; FIN429
CA & ACCA’s Professional Requirement
CFA’s Professional Requirement
IBP’s Professional Requirement