Institute of Audit and Accountancy

Institute of Audit and Accountancy
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY

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)

Knowledge Module

1	Accountant in Business	Exempted
2	Management Accounting	Exempted
3	Financial Accounting	Exempted

Skills Module

Corporate and Business Law

Exempted

ICMAP (Pak)

Stage One

1	Fundamental of Financial Accounting	Exempted
2	Business Economics	Exempted
3	Business Laws	Exempted
4	Business English	Exempted

Stage Two

1	Fundamental of Cost and Management Accounting	Exempted
2	Management and Marketing	Exempted
3	Business Mathematic and Statistics	Exempted
4	Introduction to Information Technology	Exempted

Stage Three

Presentation and Communications Skills

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 I	Semester II	Semester II1	Semester IV	Summer Session
Accounting	Financial Accounting	Financial Reporting
Cost Accounting	Management Accounting	Performance Management	Advanced Performance Management
Finance	Financial English	Business Taxation	Financial Management	Advanced Financial Management
Audit			Audit and Assurance
Corporate Law		Corporate and Business Law
Economics & Banking	International Economics
Information Technology		Business Information for Management
Marketing				Strategic Marketing Management
Human Resource Management	Accountant in Business			Business Analysis
Research					Final Project
Specializations			Two Courses from specialization	Two Courses from specialization
No. of Courses / Credit Hours	5/15	5 /15	5/ 15	5 /15	1/3

* 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