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BS Commerce

The Bachelor of Science in Commerce program is designed to help students develop critical thinking and leadership skills that are essential in the modern workplace. The program uses a multi-disciplinary approach, which means that students are exposed to different areas of study, such as accounting, economics, finance, marketing, and management. This broad-based curriculum allows students to gain a well-rounded education that prepares them for a variety of career paths.

One of the unique features of the Commerce BS program is its emphasis on understanding the “why” behind business practices, rather than just the “how.” This means that students are encouraged to think critically about the reasons why certain strategies are effective, rather than simply memorizing formulas and techniques. By understanding the underlying principles of business, students are better equipped to adapt to changing circumstances and make informed decisions in their future careers.

BS Commerce

The Virtual University curriculum is an important part of the Commerce BS program, as it provides students with practical problem-solving skills. The program emphasizes fundamental skill-building, such as communication, research, and analytical skills. By developing these skills, students are better prepared to identify and solve real-world problems in their academic studies and future careers.

The Commerce BS program is designed to prepare students for highly rewarding professional careers. By combining a multi-disciplinary approach with an emphasis on critical thinking and practical problem-solving skills, the program equips students with the knowledge and skills they need to succeed in a variety of fields, from finance and accounting to marketing and management.

Objectives

  • Develop critical thinking skills: The program aims to foster students’ ability to analyze complex business situations, evaluate options, and make informed decisions based on logical reasoning.
  • Cultivate leadership skills: The program seeks to develop students’ capacity to lead and influence others, enabling them to effectively manage teams and navigate the challenges of the modern workplace.
  • Provide a multi-disciplinary education: The program exposes students to various areas of study, including accounting, economics, finance, marketing, and management, ensuring a comprehensive understanding of different business functions.
  • Encourage an understanding of underlying business principles: The program emphasizes the importance of comprehending the “why” behind business practices, enabling students to think critically about strategies and adapt to changing circumstances.
  • Promote practical problem-solving skills: The program focuses on developing students’ abilities to identify and solve real-world business problems through communication, research, and analytical skills.
  • Prepare students for diverse career paths: By offering a well-rounded education, the program equips students with the knowledge and skills necessary for success in a variety of fields within the business sector, such as finance, accounting, marketing, and management.
  • Foster adaptability and readiness for future challenges: The program aims to provide students with a solid foundation that enables them to adapt to evolving business landscapes, apply their skills to new contexts, and make informed decisions in their future careers.

Eligibility

(I) for Students 12-Years Education

  • A minimum of 45% in Intermediate (FA/FSC/ICS/I.COM) or a comparable certification approved by IBCC is required.
  • Candidates who have completed ‘A’ levels must provide an equivalence certificate from the Inter Board Committee of Chairman in Islamabad
  • Candidates with less than 45% marks can be admitted after completing the “Zero Semester“.

 (II) For Students with a 14-Year Education (Entry Route)

  • A minimum of 45% marks in 14 years of education obtained from a university or institute recognized by HEC.
  • The Equivalence Committee will determine, on a case-by-case basis, the number of courses required to complete a BS degree as well as the duration of the residency.

Course Exemption

Students who have already completed 14 years of education and those wishing to transfer their credit hours from other universities are eligible for course exemption.

Degree Duration

This program is a four-year full-time course, divided into eight semesters, each semester has at least 18 weeks for teaching and examinations.

Specialization Area

In their final year, the students must choose a specialization area from the following options:

  • Marketing
  • Accounting
  • Finance
  • Human Resources
  • Management
  • Banking
Study Scheme

Semester 1

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
CS101
Introduction to Computing
Required
3 (Theory:3), Practical:0)
MGT211
Introduction To Business
Required
3 (Theory:3), Practical:0)
ENG101
English Comprehension
Required
3 (Theory:3), Practical:0)
MTH302
Business Mathematics & Statistics
Required
3 (Theory:3), Practical:0)
SOC101
General Mathematics
Required
3 (Theory:3), Practical:0)
ETH202
Ethics (for Non-Muslims)
Elective
2 (Theory:2), Practical:0)
ISL202
Islamic Studies
Elective
2 (Theory:2), Practical:0)
VU001
Introduction to e-Learning
Required
1 (Theory:1), Practical:0)

Semester 2

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ECO401
Economics
Required
3 (Theory:3), Practical:0)
ENG201
Business and Technical English Writing
Required
ENG101
3 (Theory:3), Practical:0)
MGT101
Financial Accounting
Required
3 (Theory:3), Practical:0)
MGT503
Principles of Management
Required
3 (Theory:3), Practical:0)
PSY101
Introduction to Psychology
Required
3 (Theory:3), Practical:0)
PAK301
Pakistan Studies
Required
Content
2 (Theory:2, Practical:0)

Semester 3

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
MCM301
Communication skills
Required
ENG101 ENG201
3 (Theory:3), Practical:0)
MGT111
Introduction to Public Administration
Required
3 (Theory:3, Practical:0)
MGT301
Principles of Marketing
Required
3 (Theory:3), Practical:0)
MGT401
Financial Accounting II
Required
MGT101
3 (Theory:3), Practical:0)
MGT610
Business Ethics
Required
MGT211
3 (Theory:3), Practical:0)

Semester 4

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ACC501
Business Finance
Required
MGT101
3 (Theory:3), Practical:0)
ECO610
Issues in the Economy of Pakistan
Required
3 (Theory:3, Practical:0)
EDU101
Foundations of Education
Required
3 (Theory:3), Practical:0)
ENG301
Business Communication
Required
ENG101 ENG201
3 (Theory:3), Practical:0)
MGT501
Human Resource Management
Required
3 (Theory:3), Practical:0)

Semester 5

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ECO402
Microeconomics
Required
3 (Theory:3), Practical:0)
IT430
E-Commerce
Required
CS101
3 (Theory:3, Practical:0)
MGT201
Financial Management
Required
ACC501 MGT101
3 (Theory:3), Practical:0)
MGT502
Organizational Behaviour
Required
ENG101 ENG201
3 (Theory:3), Practical:0)
MGT611
Business & Labor Law
Required
MGT211 MGT501
3 (Theory:3), Practical:0)
STA301
Statistics and Probability
Required
MTH302
3 (Theory:3, Practical:0)

Semester 6

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ECO403
Macroeconomics
Required
3 (Theory:3), Practical:0)
MGT402
Cost & Management Accounting
Required
MGT101
3 (Theory:3, Practical:0)
MGT411
Money & Banking
Required
MGT211
3 (Theory:3), Practical:0)
MGT603
Strategic Management
Required
MGT503
3 (Theory:3), Practical:0)
STA630
Research Methods
Required
STA301 MTH302
3 (Theory:3), Practical:0)

Semester 7

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
MGT510
Total Quality Management (alt. code=MGMT510)
Required
MGT503
3 (Theory:3), Practical:0)
MGT613
Production / Operations Management
Required
MGT503
3 (Theory:3), Practical:0)
MKT501
Marketing Management
Required
3 (Theory:3), Practical:0)
BNK601
Banking Laws & Practices
Elective
3 (Theory:3), Practical:0)
Banking
FIN621
Financial Statement Analysis
Elective
3 (Theory:3), Practical:0)
Accounting
FIN622
Corporate Finance
Elective
ACC501
3 (Theory:3, Practical:0)
Finance
BNK603
Consumer Banking
Elective
3 (Theory:3, Practical:0)
Banking
FIN625
Credit & Risk Management
Elective
3 (Theory:3, Practical:0)
Finance
HRM624
Conflict Management
Elective
MGT501
3 (Theory:3, Practical:0)
Human Resource Management
MGMT611
Human Relations (alt. code=HRM611)
Elective
SOC101 MGT501
3 (Theory:3, Practical:0)
Human Resource Management
MGMT623
Leadership & Team Management - MGMT623 (alt. code=HRM623)
Elective
MGT501 MGT502 MGT503
3 (Theory:3, Practical:0)
Human Resource Management
MGMT623
Leadership & Team Management - MGMT623 (alt. code=HRM623)
Elective
MGT501 MGT502 MGT503
3 (Theory:3, Practical:0)
Management
MGMT625
Change Management
Elective
MGT503 MGT502
3 (Theory:3, Practical:0)
Management
MGMT628
Organizational Development (alt. code=HRM628)
Elective
MGT501 MGT502 MGT503
3 (Theory:3, Practical:0)
Management
MGT604
Management of Financial Institutions (alt. code=BNK604)
Elective
MGT411 MGT503
3 (Theory:3, Practical:0)
Banking
MGT661
Final Project - I
Elective
STA630
3 (Theory:3, Practical:0)
MGTI661
Internship Report - I
Elective
3 (Theory:3, Practical:0)
MKT610
Customer Relationship Management
Elective
MGT301 MKT501
3 (Theory:3, Practical:0)
Marketing
MKT621
Advertising & Promotion
Elective
MGT301 MKT501
3 (Theory:3, Practical:0)
Marketing
MKT624
Brand Management
Elective
MGT301 MKT501
3 (Theory:3, Practical:0)
Marketing
FIN611
Advanced Financial Accounting
Elective
MGT401 MGT101
3 (Theory:3, Practical:0)
Accounting

Semester 8

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
MGMT627
Project Management
Required
MGT503
3 (Theory:3), Practical:0)
MGT520
International Business
Required
MGT211 ENG301
3 (Theory:3), Practical:0)
MGT602
Entrepreneurship
Required
MGT211
3 (Theory:3), Practical:0)
FIN623
Taxation Management
Elective
3 (Theory:3), Practical:0)
Accounting
FIN625
Credit & Risk Management
Elective
3 (Theory:3), Practical:0)
Banking
FIN630
Investment Analysis & Portfolio Management
Elective
ACC501 MGT201
2 (Theory:2), Practical:0)
Finance
HRM627
Human Resource Development
Elective
2 (Theory:2), Practical:0)
Human Resource Management
MGT662
Final Project - II
Elective
MGT661
3 (Theory:3, Practical:0)
MGTI662
Internship Report - II
Elective
MGTI661
3 (Theory:3, Practical:0)
MKT630
International Marketing
Elective
MGT301 MKT501
3 (Theory:3, Practical:0)
Marketing
MGMT630
Knowledge Management
Elective
3 (Theory:3, Practical:0)
Management
MGT404
Managerial Accounting
Elective
3 (Theory:3, Practical:0)
Accounting
MGT604
Management of Financial Institutions (alt. code=BNK604)
Elective
MGT503
3 (Theory:3, Practical:0)
Banking
MGT604
Management of Financial Institutions (alt. code=BNK604)
Elective
MGT503
3 (Theory:3, Practical:0)
Finance
MGT605
Advanced Cost and Management Accounting
Elective
3 (Theory:3, Practical:0)
Accounting

Assessment of Study Progress

The student’s academic progress evaluation is based on continuous assessment throughout the semester, including assignments, online quizzes, Graded Discussion Boards (GDBs), and mid-term and final-term exams. The mid and final-term exams are conducted at VU’s designated exam centers and typically account for 80-85% of the total marks for a course.

Project or Internship

  • Students must complete a final year project of 3 Credit Hours, BS in Business Administration program. Students must consult their advisor before selecting a final project. They must submit a written report and may be asked to present it.
  • Internship course students must complete a 6 to 8-week internship in an organization and obtain an internship letter from that organization. Students who are currently employed are exempt from the internship requirement but must submit a project

Degree Awarded

In order to be awarded a BS in Commerce program, a student must complete at least 134 credit hours of coursework with a minimum Cumulative Grade Point Average (CGPA) of 2.0 out of 4.

Fee Structure

Degree Program Admission Fee Registration Fee Security Fee Admission Processing Fee Semester Enrollment Fee Per credit hour fee Fee of Convocation Fee payable at admission
BS
3,000
2,500
2,000
500
1,000
850
2,000
11,650

Semester Fee

The semester fee within Pakistan is approximately Rs. 17000/-

Fee Structure for Overseas

Disclaimer

  • The courses are regularly reviewed to ensure they are up-to-date with those taught at top universities, taking into account the needs of local industry and the job market.
  • The University may change its fee structure from time to time.
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