VU Apex Campus

Virtual University BS Accounting And Finance

The 4-year Bachelor of Science (BS) program in Accounting and Finance is thoughtfully designed to equip students with the skills and knowledge necessary to thrive in a fast-paced, globalized business and financial landscape. This program emphasizes the cultivation of critical interpersonal abilities, proficiency in information and communication technology (ICT), and strong communication skills, which are vital for success in the modern workforce.
Students are given the opportunity to gain practical experience through a comprehensive capstone project and a hands-on internship, which are integral components of the curriculum. These experiences are designed to bridge the gap between theoretical knowledge and real-world application, ensuring that graduates are well-prepared for the demands of the industry.
For those enrolled in the Institute of Chartered Accountants of Pakistan (ICAP), the program offers seamless integration, allowing students to join without disruption and receive exemptions for courses they have already completed. This feature underscores the program’s alignment with professional standards and its commitment to facilitating students’ professional growth.
Furthermore, the program is deeply committed to nurturing ethical citizenship, promoting social inclusivity, and instilling a sense of professionalism in its students. A particular focus is placed on enhancing digital literacy and communication skills, recognizing their importance in today’s digital-first world.
Upon graduation, students will have a strong foundation in accounting and finance and be well-prepared to embark on successful careers or pursue advanced studies. The program’s comprehensive approach ensures that graduates are not only technically proficient but also ethically grounded and socially aware professionals.

Virtual University BS Accounting and Finance

Objectives of the Program

  1. Acquire and Comprehend Core Theoretical Knowledge in Accounting and Finance: Gain a deep understanding of the fundamental principles and theoretical frameworks that underpin the fields of accounting and finance, enabling students to grasp complex concepts and apply them in various contexts.
  2. Master Computational Techniques and ICT Tools for Contemporary Problem Solving: Develop the ability to utilize appropriate computational methods, resources, and information and communication technology (ICT) tools to address and resolve modern challenges within accounting and finance. This objective emphasizes the importance of technical proficiency in navigating and solving current issues in these fields.
  3. Critically Evaluate and Address Organizational Challenges in Accounting and Finance: Cultivate the skills necessary to critically assess problems, formulate and evaluate potential solutions, and understand the practical implications of these solutions on managerial decision-making within an organizational context. This includes a focus on real-world applications and the impact of financial decisions on an organization.
  4. Recognize the Impact of Corporate Decisions on Sustainability and Compliance: Develop an understanding of how corporate decisions affect health, safety, legal compliance, and environmental sustainability. This objective aims to ensure that students are aware of the broader impact of their decisions on society and the environment, fostering responsible and sustainable business practices.
  5. Become a Skilled Communicator in Complex Corporate Contexts: Enhance proficiency in both verbal and written communication, particularly in conveying instructions and drafting reports on complex corporate issues that involve interactions between business and society. This objective emphasizes the importance of clear and effective communication in professional settings.
  6. Foster Ethical and Responsible Citizenship: Build a solid foundation in ethical principles and responsible citizenship, with a focus on promoting social inclusivity, ethical behavior, and peaceful coexistence in a diverse society. This objective seeks to develop students who are not only skilled professionals but also conscientious and socially responsible individuals.
  7. Develop Essential Professional Skills for Lifelong Learning and Career Advancement: Acquire and apply foundational skills in digital literacy, communication, writing, and entrepreneurship, which are essential for continuous learning and career development. This objective emphasizes the importance of ongoing personal and professional growth.
  8. Prepare for Advanced Academic Pursuits in Accounting and Finance: Equip students with the knowledge and skills required to pursue higher-level degree programs, such as MS or PhD, in areas ranging from accounting and auditing to banking and finance, both domestically and internationally. This objective ensures that graduates are well-prepared for further academic achievements and specialized professional roles.

Eligibility

(I) for Students 12-Years Education

  • A minimum of 45% marks 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 the Chairman in Islamabad.
  • Candidates with less than 45% marks can be admitted after completing the “Zero Semester“.
  • The admission criteria for students who have qualified for CAF from ICAP
    will adhere to the HEC’s notification, as specified in Letter No.
    15-54/Coord/2019/HEC/(SAD)/451. The University’s admission and equivalence
    committee will determine an exemption of up to 39 credit hours. Students may
    have the opportunity to complete their degree program within 5 semesters.

Scheme of Study

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)
MGT503
Principles of Management
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
MGT301
Principles of Marketing
Required
3 (Theory:3), Practical:0)
ENG201
Business and Technical English Writing
Elective
ENG101
3 (Theory:3), Practical:0)
MGT101
Financial Accounting
Required
3 (Theory:3), Practical:0)
MGT411
Money & Banking
Required
3 (Theory:3), Practical:0)
MTH302
Business Mathematics & Statistics
Required
3 (Theory:3), Practical:0)
PAK301
Pakistan Studies
Required
Content
2 (Theory:2, Practical:0)
ENG301
Business Communication
Elective
3 (Theory:3, Practical:0)

Semester 3

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ACC311
Fundamentals of Auditing
Required
3 (Theory:3), Practical:0)
STA301
Statistics and Probability
Required
3 (Theory:3, Practical:0)
ECO401
Economics
Elective
3 (Theory:3), Practical:0)
MGT401
Financial Accounting II
Required
MGT101
3 (Theory:3), Practical:0)
ECO402
Microeconomics
Elective
3 (Theory:3), Practical:0)
MCM101
Introduction to Mass Communication
Elective
3 (Theory:3, Practical:0)
PSY101
Introduction to Psychology
Elective
3 (Theory:3, Practical:0)
SOC101
Introduction to Sociology
Elective
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)
ETH100
Effective Citizenship
Required
3 (Theory:3, Practical:0)
MGT602
Entrepreneurship
Required
3 (Theory:3), Practical:0)
MGT611
Business & Labor Law
Required
3 (Theory:3), Practical:0)
BIO101
Basic I-Biology
Elective
3 (Theory:3), Practical:0)
BIO102
Basic II-Chemistry
Elective
3 (Theory:3, Practical:0)
GSC101
General Science
Elective
3 (Theory:3, Practical:0)
PHY101
Physics
Elective
3 (Theory:3, Practical:0)

Semester 5

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
ECO404
Managerial Economics
Required
3 (Theory:3), Practical:0)
FIN624
Islamic Modes of Finance
Required
3 (Theory:3, Practical:0)
MGT201
Financial Management
Required
ACC501 MGT101
3 (Theory:3), Practical:0)
MGT402
Cost & Management Accounting
Required
3 (Theory:3), Practical:0)
STA630
Research Methods
Required
3 (Theory:3), Practical:0)

Semester 6

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
FIN611
Advanced Financial Accounting
Required
3 (Theory:3), Practical:0)
FIN623
Taxation Management
Required
3 (Theory:3, Practical:0)
MGT501
Human Resource Management
Required
3 (Theory:3), Practical:0)
MGTI699
Strategic Management
Required
3 (Theory:3), Practical:0)
MCM301
Communication skills
Elective
3 (Theory:3), Practical:0)
MCM601
Media Management
Elective
3 (Theory:3, Practical:0)

Semester 7

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
FIN621
Financial Statement Analysis
Required
3 (Theory:3), Practical:0)
FIN622
Corporate Finance
Required
3 (Theory:3), Practical:0)
MGT699
Capstone Project
Required
3 (Theory:3), Practical:0)
ACC101
QuickBooks
Elective
3 (Theory:3), Practical:0)
EDU401
Contemporary Issues and Trends in Education
Elective
3 (Theory:3), Practical:0)
EDU406
Critical Thinking and reflective Practice
Elective
3 (Theory:3, Practical:0)
IT430
E-Commerce
Elective
3 (Theory:3, Practical:0)
MGT404
Managerial Accounting
Elective
3 (Theory:3, Practical:0)
MGT605
Advanced Cost and Management Accounting
Elective
3 (Theory:3, Practical:0)

Semester 8

Course Code Subject Title Type Pre Requisite Credit Hours Specialization
BNK610
Islamic Banking Practices
Required
3 (Theory:3), Practical:0)
FIN630
Investment Analysis & Portfolio Management
Required
3 (Theory:3), Practical:0)
MGT612
Corporate Law
Required
3 (Theory:3), Practical:0)
MGT502
Organizational Behaviour
Elective
3 (Theory:3), Practical:0)
FIN630
Investment Analysis & Portfolio Management
Required
3 (Theory:3), Practical:0)
MGT610
Business Ethics
Elective
3 (Theory:3, Practical:0)
PSY405
Personality Psychology
Elective
3 (Theory:3, Practical:0)
SOC617
Social Entrepreneurship
Elective
3 (Theory:3, Practical:0)

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.

Assessment Tool

Semester Activities: (Assignments, Graded Discussions, Online Quizzes)

Mid-term Exam

Final-term Exam

Total

Marks

10%-20%

20%-30%

60%

100%

 

Project or Internship

  • Students are required to complete a capstone project and internship courses of 3 credit hours each to complete the degree requirement.

Degree Awarded

In order to be awarded a BS in Accounting and Finance, a student must complete at least 125 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
935
2,000
11,905

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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