Institute of Audit and Accountancy
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY
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academic programs
 

Master of Commerce (M.Com)
With ACCA (developing business and finance professionals)

 
Introduction  
The emerging global scenario necessitates the business organizations to look for capable professionals, competent of responding to the market needs.

IAA offers a unique cost and time saving program enabling students to appear in ACCA and M. Com program simultaneously as there are common courses.

The program offers the knowledge, skills and expertise required to pursue a wide spectrum of roles as Accounting and Finance Professionals, business consultants and corporate leaders.

Program Duration
• Two years
four semester program for B. Com/ B.Sc/ B.A economics, Math, Stat graduates
• One year
One year program for B. Com/ B.Sc/ B.A Honors degree holders
Specializations
IAA offers specializations in Accounting, Finance and Corporate Governance

Salient Features

1. Recognized Master degree
2. Complete coverage of ACCA courses
3. Latest teaching and learning methodologies
4. Highly qualified and experienced faculty
5. Practical world exposure

Exemptions
The following exemptions are available to our M. Com program.

ACCA (UK)

Part One

1 Preparing Financial Statements Exempted
2 Financial Information for Management Exempted
3 Managing People Exempted

Part Two

1 Information System Exempted
2 Corporate and Business Law Exempted

ICMAP (Pak)

Foundation One

1 Principles of Accounting Exempted
2 Business English Exempted
3 Economic and Business Environment Exempted
4 Computer System and Applications Exempted

Foundation Two

1 Financial Accounting Exempted
2 Information Technology Exempted
3 Industrial and Commercial Law Exempted

Professional One

1 Cost Accounting Exempted
2 Quantitative Methods Exempted
3 Business Communication and Report Writing Exempted

Co-Curricular Activities
Different Clubs are formed to develop and promote managerial skills

1 Accounting and Business Club
2 Leader Forum

Extra Curricular Activities

Recreational tours and educational trips are distinct features to relieve the students of tough routine. Sports days are arranged to provide students with a healthy environment
Matches and Tournaments are arranged at intercollegiate and University levels.

Job Placement

M. Com is competitively valuable for employment in both Accountancy and Finance field. Participants Development and Placement department ensures the job placement.

Eligibility Criteria
B.A / B.Sc with Math, Statistics and Economics or B.Com from a recognized university
with a minimum second division.

Admission Criteria

The Admission Committee processes applications on the basis of merit as determined by the applicant’s previous academic record and performance in the interview. Different weights are assigned to these selection criteria.

Matriculation Marks 20%
Intermediate Marks 20%
Graduation Marks 30%
Interview 30%

Additional five points will be awarded to all master degree holders

Road Map

Semester 1

Financial Information for management *

Business Taxation*

Information System *

Managerial Economics

Summer Session

Marketing Management

Corporate Secretarial Practices*

 

 

Semester 11

Financial Reporting *

Audit and internal review *

Financial Management and control *

Managing Human Resources

Semester 111

Performance Management *

Audit and Assurance Services *

Two Courses from Specialization

 

Summer Session

Business information for Management *

Field Management/
Presentation

 

 

Semester 1V

Strategic Financial Management *

Strategic* Business Planning & Development

Two Courses from Specialization

 

* Courses according to ACCA syllabus

Specializations

Accounting
1. Cost Accounting for specific sectors
2. Municipal Fund Accounting
3. Accounting Information System
4. Forensic Accounting and Investigation Audit
5. Quantitative Accounting and Auditing
6. Advanced Corporate Reporting *

Finance

1. Leasing and Insurance Management
2. International Finance
3. Investment and Portfolio Management
4. Taxation Policy of Pakistan
5. World Trade Organization Agreement
6. Financial Institution (Islamic Banking)
7. SME Financial Policies and Practices
8. International Economics

Corporate Governance

1. Corporate Governance Best Practices
2. SECP Regulations/ Prudential Regulations
3. Governance and Family Business
4. Regulatory Authorities (NEPRA, OGRA, PEMRA)
5. Project Management
6. Operation Management